Over the course of the forecast period, the category of mixed fruits and vegetables is anticipated to maintain its dominance in the worldwide Cold pressed juice market. Over the projection period, the segment is anticipated to increase at a CAGR of 7.2%. In the global cold pressed juice market during the forecast period, the mixed fruits and vegetables segment is anticipated to register relatively high CAGR and gain significant market share by 2024 end.
Due to rising concerns over a number of health issues as well as the advantages of consuming these juices, demand for cold-pressed juice made from mixed fruits and vegetables has been steadily rising. Utilizing a hydraulic press to obtain 100% juice from fruits and vegetables is part of the manufacturing process for cold-pressed juices.
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Consumers’ preferences for safer, more practical, healthful, and refreshing beverages that are devoid of calories, caffeine, and artificial ingredients are gradually changing. As a result, the mixed fruits and vegetables segment of the global cold pressed juice market is experiencing strong growth. During the predicted period, a rise in demand for green beverages is also anticipated.
In order to meet the steadily rising market demand for healthy and natural juices, manufacturers are also introducing more and more flavors, such as green juice with coconut water, cucumber, leafy greens, and splash pineapples.
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In 2016, the North America cold pressed juice market accounted for a value share of a little over 35% in the global cold pressed juice market. Europe followed closely with a market value share of nearly 31%. The North America cold pressed juice market is projected to register a relatively high CAGR of 7.4% in terms of value, followed by the Europe cold pressed juice market, which is slated to grow at a CAGR of 7.0% in terms of revenue.
The North American region is anticipated to be a relatively appealing market for cold-pressed juices by 2024’s end. By the end of the forecast period, the following segments are expected to hold the majority of the North American cold-pressed juice market share: Organic (by Nature) – with a high revenue share and high CAGR;
Mixed Fruits and Vegetables (by Type) – with a high CAGR; and Retail/Grocery Stores (by Distribution Channel) – with a relatively high value share. The cold pressed juice market in the United States is anticipated to account for a relatively high revenue share and grow at a relatively high value CAGR over the course of the forecast period within the North America region.
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Global Cold pressed Juice Market segmentation
Cold pressed Juice Market By Nature
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- Organic
- Conventional
Cold pressed Juice Market By Type
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- Fruits
- Vegetables
- Mixed Fruits and Vegetables
Cold pressed Juice Market By Distribution Channel
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- Retail/Grocery Stores
- Convenience Stores
- Internet Selling
- Hyper/Super Market
Cold pressed Juice Market By Region
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- North America
- Latin America
- Europe
- APAC
- MEA
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