A new research report by IMARC Group, titled “Fruit Juice Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global fruit juice market reached a volume of more than 45 Billion Liters in 2018, registering a CAGR of around 2% during 2011-2018. Fruit juice refers to a commercially prepared non-fermented beverage which is derived from fruits by mechanically squeezing or macerating them. Also used as an ingredient or flavoring agent in several foods, fruit juice is characterized by a refreshing taste and is a rich source of instant energy and nutrients. In addition to this, it is extremely beneficial for health as regular consumption of fruit juice boosts the immune system, improves metabolism, removes toxins from the body, lessens the risk of cancer, reduces cholesterol levels, aids in digestion and helps in weight loss. Due to rapid urbanization, hectic lifestyles, inflating disposable incomes, changing dietary patterns and improving standards of living, the consumption of fruit juice has increased across the globe.
Get 10% FREE Customization on this Report Study
Market Trends:
Growing awareness about personal health and fitness among consumers has led them to shift from carbonated or fizzy drinks to healthy and sugar-free beverages like fruit juices. Moreover, due to multi-layered tetra-packaging, fruit juices have a longer shelf-life which makes them a preferable choice when compared to fresh fruits. Additionally, manufacturers are producing fruit juice variants with innovative flavors and high-quality packaging in order to attract a larger consumer base. Apart from this, cold-pressed fruit juices have gained popularity among consumers as the manufacturing process does not reduce their nutritional value. Furthermore, the introduction of cheaper variants of cold-pressed juices is anticipated to provide a thrust to their sales in the coming years. Due to these factors, the market is projected to reach a volume of around 51 Billion Liters by 2024.
Browse full report with TOC: https://www.imarcgroup.com/fruit-juice-manufacturing-plant
Global Fruit Juice Market Summary:
Market by Type
1. 100% Fruit Juice2. Nectars3. Juice Drinks4. Concentrates5. Powdered Juice6. Others
Based on types, the market has been divided into 100% fruit juice, nectars, juice drinks, concentrates, powdered juice and others. Amongst these, juice drinks represent the most popular product type.
Market by Flavour
1. Orange2. Apple3. Mango4. Mixed Fruit5. Others
On the basis of flavors, the market has been categorized into orange, apple, mango, mixed fruit and others. Currently, orange represents the largest segment, accounting for the majority of the market share.
Request For Free Sample Pdf Copy
Market by Distribution Channel
1. Supermarkets and Hypermarkets2. Convenience Stores3. Specialty Food Stores4. Online Retail5. Others
Based on distribution channels, supermarkets and hypermarkets hold the dominant share. Other major distribution channels include convenience stores, specialty food stores and online retail.
Performance of Key Regions
1. Europe2. North America3. Asia Pacific4. Latin America5. Middle East and Africa
Region-wise, Europe is the leading market for fruit juice, holding the majority of the total market share. Other major regions include North America, Asia Pacific, Latin America, and Middle East and Africa.
Competitive Landscape
The competitive landscape of the market has been analyzed with the detailed profiles of the key players operating in the industry.
Browse similar reports by IMARC Group
GCC Fruit Juice Market Report: https://www.imarcgroup.com/gcc-fruit-juice-market
Thailand Coffee and Tea Capsules Market Report: https://www.imarcgroup.com/thailand-coffee-tea-capsules-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media ContactCompany Name: IMARC GroupContact Person: Richard LewisEmail: Send EmailPhone: +1-631-791-1145Country: United StatesWebsite: https://www.imarcgroup.com/