While juice continued to expand in retail volume terms in 2023, growth was down substantially on 2022 and also lower than the CAGR for the entire review period. This was partly explained by increasing maturity, but mainly attributable to rising prices and falling purchasing power among consumers as Kenya continued to experience high inflation due to factors related to the global recovery from the pandemic and Russia’s invasion of Ukraine. Upward pressure on unit prices was further exacerbated by...
Euromonitor International's Juice in Kenya report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: 100% Juice, Coconut and Other Plant Waters, Juice Drinks (up to 24% Juice), Nectars (25-99% Juice).
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Juice market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Juice in Kenya
Euromonitor International
February 2024
List Of Contents And Tables
JUICE IN KENYA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Retail demand slows as high inflation drives up prices and erodes purchasing power
Innovation helps Kevian Kenya Ltd to consolidate its leadership
Coca-Cola makes its Minute Maid brand available in new Tetra Pak carton
PROSPECTS AND OPPORTUNITIES
Retail demand for 100% juice set to decline consistently
Nectars (25-99% juice) expected to post strongest growth in off-trade volume sales
Health and wellness trend will continue to shape new product development activity
CATEGORY DATA
Table 1 Off-trade Sales of Juice by Category: Volume 2018-2023
Table 2 Off-trade Sales of Juice by Category: Value 2018-2023
Table 3 Off-trade Sales of Juice by Category: % Volume Growth 2018-2023
Table 4 Off-trade Sales of Juice by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Off-trade Juice: % Volume 2019-2023