Juice Concentrate Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Juice Concentrate Market: by Product Type (Fruit Juice Concentrate and Vegetable Juice Concentrate), By Form (Clear Concentrate, Powdered Concentrate, and Frozen Concentrate), By Application (Confectionery, Beverages, and Dairy), By Distribution Channel (Super Markets & Hyper Markets, Departmental Stores, and Others) and Geography (North America, Latin America, Europe, Middle East and Africa, Asia Pacific)

 

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Report

Description

Juice Concentrate Market is expected to reach USD 63417 million by 2027 growing at a CAGR of 4.7% during the forecast period 2021 to 2027. The juice is the beverage obtained by the extraction of natural liquid containing fruits and vegetables. It is also referred to the liquids which are flavored with biological food products. Juice concentrate is staple item which is usually found at homes. During the projected period, the global market for juice concentrates is expected to develop at a high rate. Several reasons are propelling the market forward, including rising demand for natural plant-based ingredients, increased awareness and popularity of convenience foods and beverages, and increased use of fruit juice concentrates as a sugar substitute in baking and confectionery. The increased awareness of health issues among the general public is paving the way for Juice Concentrate market players to expand and grow. However, the market is restrained by increased demand for not from concentrates (NFC) and cold-pressed juices. The demand for items manufactured from natural and healthy ingredients is increasing as consumers’ health worries grow. Fruits, vegetables, or a combination of each are used to make juice concentrates. Consumers are consuming food products and drinks made from fruits and vegetables, as well as their processed forms such as puree, concentrates, juice, and others, due to their nutritional profile. As a result, rising health awareness is predicted to raise demand for juice concentrates, providing attractive prospects for worldwide market participants over the assessment period. Over the projection period, rising health concerns and demand for functional beverage products in the regions are expected to enhance demand for juice concentrate. Manufacturers of juice concentrates find Asia-Pacific to be a lucrative market.

Juice Concentrate Market

MARKET SUMMARY
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4.7% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 7%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Juice Concentrate Market

  • The report on global Juice Concentrate Market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, form, application, distribution channel and geography.
  • Juice Concentrate Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Archer Daniels Midland Company (U.S.)
  • Ingredion Incorporated (U.S.)
  • Asiros (Denmark)
  • Sudzucker AG (Germany)
  • SunOpta, Inc. (Canada)
Dynamics

Juice Concentrate Market

An increase in the adoption of a healthier lifestyle is driving the growth of the market. The long-lasting shelf-life of the product is adding scope for the growth of the market. The lesser cost of the product, when compared with that of the freshly squeezed juices, is anticipated to drive the growth of the market. The easy storage and transportation of the product is boosting the growth of the market. Juice concentrates are gaining popularity due to its antioxidant property. However, the presence other alternative natural products are likely to hamper the growth of the market over the forecast period.


North-America got significant share

Juice Concentrate Market

Geographically, the global juice concentrate market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe juice concentrate market are holding the largest revenue share when compared with that of the other regional markets. The growing demand for ready-to-use products is the key factor in boosting the growth of the market in these regions. Asia Pacific is expected to be an attractive market over the forecast period owing to its urbanization and change in lifestyle is likely to add fuel for the growth of the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenari0

Juice Concentrate Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Archer Daniels Midland Company (U.S.)
  • Ingredion Incorporated (U.S.)
  • Asiros (Denmark)
  • Sudzucker AG (Germany)
  • SunOpta, Inc. (Canada)
  • AGRANA Investment Corp (Austria)
  • The Ciatti Company (U.S)

Description

Juice Concentrate Market is expected to reach USD 63417 million by 2027 growing at a CAGR of 4.7% during the forecast period 2021 to 2027. The juice is the beverage obtained by the extraction of natural liquid containing fruits and vegetables. It is also referred to the liquids which are flavored with biological food products. Juice concentrate is staple item which is usually found at homes. During the projected period, the global market for juice concentrates is expected to develop at a high rate. Several reasons are propelling the market forward, including rising demand for natural plant-based ingredients, increased awareness and popularity of convenience foods and beverages, and increased use of fruit juice concentrates as a sugar substitute in baking and confectionery. The increased awareness of health issues among the general public is paving the way for Juice Concentrate market players to expand and grow. However, the market is restrained by increased demand for not from concentrates (NFC) and cold-pressed juices. The demand for items manufactured from natural and healthy ingredients is increasing as consumers’ health worries grow. Fruits, vegetables, or a combination of each are used to make juice concentrates. Consumers are consuming food products and drinks made from fruits and vegetables, as well as their processed forms such as puree, concentrates, juice, and others, due to their nutritional profile. As a result, rising health awareness is predicted to raise demand for juice concentrates, providing attractive prospects for worldwide market participants over the assessment period. Over the projection period, rising health concerns and demand for functional beverage products in the regions are expected to enhance demand for juice concentrate. Manufacturers of juice concentrates find Asia-Pacific to be a lucrative market.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX