Fruit juices have today become an essential part of human diet and are preferred by all the age groups as they are a good source of instant energy and vital nutrients. Fruit juices can be easily obtained by extracting the pulp of fruits and are generally consumed as a beverage or may be used for flavouring in foods. According to a new report by Expert Market Research, the global market for fruit juice and nectars was worth 47.99 Billion Litres in 2019 and is further expected to reach a volume of 54.36 Billion Litres by 2025.
Competitive Landscape & Supplier Analysis:
1. Coca-Cola Company (The)(KO) (NYSE: KO)
2. PepsiCo (PEP) (NASDAQ: PEP)
3. Tingyi (HKG: 0322)
4. Huiyuan
5. Wild (TSE: WILD)
6. Jugos
7. Eckles
Fruit juice market represents one of the fastest growing sectors and is currently evolving at a fast pace. The global fruit juice market is gaining impetus due to a number of factors. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, increasing disposable incomes, product innovations, premiumisation and growing demand from emerging markets are also inducing the growth of the global market for fruit juices.
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Key findings from the report:
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Expert Market Research has analysed the global fruit juice market according to flavour, type, major regions and top players:
Market breakup by Flavour
1. Orange
2. Apple
3. Mix Fruit
4. Grape
5. Others
Market breakup by Type
1. Frozen
2. Chilly Ready-to-serve
3. Shelf stable
4. Others
Market breakup by Region
1. North America
2. Western Europe
3. Asia-Pacific
4. Eastern Europe
5. Latin America
6. Africa and the Middle East
Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
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