Juice concentrate sales across the globe are valued at US$ 13.29 billion. In-depth market research indicates that the global juice concentrate market will grow quickly, with a CAGR of 6.4%, to reach US$ 24.75 Bn by 2032.
The global Juice Concentrate Market grew at a 5.5% value CAGR between 2017 and 2021. Due to changes in consumer lifestyle and healthy eating practises, there has been an increase in demand for and consumption of products derived from organic and natural fruits.
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Europe and North America are the two most populous and juice concentrate-demanding regions. Demand is being fueled globally by the quick development in consumer knowledge of the numerous health benefits of juice concentrate.
Why is Demand for Juice Concentrate Products Rising?
“Juice Concentrate Suppliers Benefiting from Growing Consumer Preference for Convenient F&B Products”
The global juice concentrate market has grown over the years in response to the growing popularity and demand for simple and convenient food & beverage products. The market is expected to grow due to changing food preferences and the fast-paced lifestyle of the population across regions.
In addition, the fruit-based extract market has grown steadily over the years due to innovative flavors and nutritional ingredients along with increased investments by large international companies. Another key market driver is the increase in the number of nuclear families and working women, which helps drive demand for convenient food and beverages.
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Juice Concentrate Industry Research by Category
Juice Concentrate Market by Type:
- Orange
- Apple
- Apricot
- Grapefruit
- Mango
- Pineapple
- Berries
- Pomegranate
- Nectarine
- Peach
- Tangerine
- Lemon
- Celery
Juice Concentrate Market by Nature:
- Organic Juice Concentrate
- Conventional Juice Concentrate
Juice Concentrate Market by End Use:
Food Industry
- Bakery and Confectionery
- Jams and Spreads
- Dairy and Frozen Desserts
- Others
Beverage Industry
- Alcoholic
- Non-alcoholic
Foodservice
Retail/Household
Juice Concentrate Market by Distribution Channel:
Business to Business
Business to Consumer
- Hypermarkets/Supermarkets
- Specialty Stores
- Convenience Stores
- Online Retail
Juice Concentrate Market by Region:
- North America Juice Concentrate Market
- Latin America Juice Concentrate Market
- Europe Juice Concentrate Market
- Asia Pacific Juice Concentrate Market
- East Asia Juice Concentrate Market
- Middle East Juice Concentrate Market
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FAQ’s:
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