Global Fruit Juice Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global fruit juice market is projected to grow at a CAGR of 5.2% between 2024 and 2032. Aided by the escalating inclination towards healthier beverage alternatives and the diverse array of fruit juice varieties, the market is expected to grow significantly by 2032.
Fruit juice, nature's liquid bounty, finds its roots in the age-old practice of extracting the natural fluids from fruits. These juices are not only a reservoir of vital nutrients, vitamins, and minerals but also a delightful source of refreshment. Modern consumer markets witness an expansive range of fruit juice types, from singular fruit varieties like apple, mango, and cranberry to blends that fuse multiple fruits' flavours.
Driving the global fruit juice market growth is the rising consumer penchant for beverages rich in vitamins and minerals. The augmented cognizance of the health advantages linked with regular fruit intake, such as enhanced immunity, better digestive health, and rejuvenating skin vitality, fuels the surge in fruit juice consumption. Additionally, as health and wellness trends permeate the consumer landscape, there's a discernible drift away from sugary sodas and artificially flavoured drinks towards natural and organic fruit juices.
The fruit juice sector is not just limited to quenching thirst. The versatility of fruit juices across various industries is further augmenting the global fruit juice market outlook. In the culinary arts, fruit juices serve as foundational elements for an array of sauces, marinades, and gastronomic delights. The burgeoning cocktail culture further underscores fruit juice's pivotal role, where it adds depth, zest, and natural sweetness to a myriad of alcoholic concoctions.
Furthermore, the perpetual wave of product innovation in the fruit juice domain is worth noting. Leading brands continuously strive to present consumers with novel flavours, textures, and health benefits. This fervour for innovation has begotten products like cold-pressed juices, functional juices fortified with herbs and vitamins, and exotic blends featuring superfruits like blueberries, acai, and goji berries.
Moreover, the rising demand for vegan and natural products in the food and beverage industry has boosted the global fruit juice market demand. As veganism gains ground and plant-based diets earn accolades for their health and environmental benefits, fruit juices, especially those devoid of any artificial additives or preservatives, are projected to ride the crest of this wave.
Market Segmentation
The market can be divided based on product, flavour, packaging, distribution channel, and region.
Market Breakup by Product
- 100% Fruit Juice
- Nectars
- Concentrates
- Powdered Juice
- Others
Market Breakup by Flavour
- Orange
- Apple
- Grape
- Pineapple
- Mango
- Mixed Fruit
- Others
Market Breakup by Packaging
- Bottle
- Cans
- Paper Carton
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Food Stores
- Online
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global fruit juice market. Some of the major players explored in the report by Expert Market Research are as follows:
- Del Monte Food, Inc.
- Parle Agro Private Limited
- Ocean Spray Cranberries, Inc.
- Apple & Eve, LLC
- Langer Juice Company
- Pioneer Foods (Pty) Ltd
- Campbell Soup Company
- The Coca-Cola Company
- Tropicana Products, Inc.
- Prodalim B.V
- Citrofrut
- The Archer-Daniels-Midland Company
- Döhler GmbH
- Ventura Coastal, LLC
- Rauch Fruchtsäfte GmbH & Co OG
- Eckes-Granini Group GmbH
- Dabur Ltd
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.