Global Juice Concentrate Market 2024-2028
The juice concentrate market is forecasted to grow by USD 17726.3 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the juice concentrate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in health consciousness among consumers, increasing product launches, and growth of organized retailing.
Technavio's juice concentrate market is segmented as below:
- By Application
- Beverages
- Bakery/confectionery and dairy
- Soups and sauces
- Others
- By Product Type
- Fruit juice
- Vegetable juice
- By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the wider accessibility to juices through online retailing as one of the prime reasons driving the juice concentrate market growth during the next few years. Also, increasing popularity of organic juice concentrates and innovations in various flavors of juice concentrates will lead to sizable demand in the market.
The report on the juice concentrate market covers the following areas:
- Juice concentrate market sizing
- Juice concentrate market forecast
- Juice concentrate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading juice concentrate market vendors that include Archer Daniels Midland Co., BMT Commodity Corp., Ciatti Co., Citrus Systems Inc., Cooperatie Koninklijke Cosun UA, Dohler GmbH, Eden Foods Inc., Encore Fruit Marketing Inc., Iprona Spa, Jain Irrigation Systems Ltd., Kanegrade Ltd., Kerr by Ingredion, Kerry Group Plc, Milne, Northwest Naturals LLC, Sudzucker AG, SunOpta Inc., Symrise AG, Tricom Fruit Products Ltd, and Ventura Coastal LLC. Also, the juice concentrate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.