Global Fortified Juices Market, By Type (Fruit Juices, Vegetable Juices, Blended/Mixed Juices), Fortifying Ingredient (Vitamins, Minerals, Probiotics, Others), Distribution Channel (Store-Based, Non-Store-Based), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Fortified Juices Market
The fortified juices market is expected to be growing at a growth rate of 6.50% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of Fortified Juices Market. The growth of fortified juices market can be attributed to the growing demand for functional beverages.
Fortified Juices are the type of juices which are rich in minerals, probiotics, vitamins, prebiotics, and other ingredients to improve the nutritive value of the juice and offer a functional property to the juice. Different types of fortified juices are available in the market under different labels, and most of them are prepared from fruits, vegetables, or a mixture of both.
The rise in the awareness regarding the health benefits of consuming fortified juices is a major factor expected to the boost the growth of the fortified juices market in the forecast period of 2021 to 2028. Furthermore, the increasing demand for enhanced beverage products, high demand of demand for innovative products, increasing presence in the rapidly growing DTC channel as well as the shifting inclination of consumers towards ready to drink,” “on the go,” drinks are also expected to fuel the expansion of fortified juices market in the above mentioned forecast period.
However, the rise in the food safety concerns and fluctuating prices and region-specific availability of raw materials are expected to hamper the expansion of the fortified juices market.
- In addition, the rise in the product innovation, and increase in focus on R&D activities to launch juices with innovative flavors and different fortifying ingredients will create ample opportunities for fortified juices market in the forecast period of 2021 to 2028.
This fortified juices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fortified juices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fortified Juices Market Scope and Market Size
The fortified juices market is segmented on the basis of type, fortifying ingredient, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the fortified juices market has been segmented into fruit juices, vegetable juices, and blended/mixed juices.
- On the basis of Fortifying Ingredient, the fortified juices market is segmented into vitamins, minerals, probiotics, and others.
- On the basis of Distribution Channel, the fortified juices market is segmented into store-based and non-store-based. Store-based is further segmented into supermarkets and hypermarkets, convenience stores, and others.
Fortified Juices Market Country Level Analysis
This analyzed and market size insights and trends are provided by country, type, fortifying ingredient, distribution channel as referenced above.
The countries covered in the fortified juices market report are Country U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa.
North America region dominate the fortified juices market owing to the rise in the awareness regarding the benefits of consuming fortified functional juices. Asia-Pacific will register the highest growth rate for the forecast period of 2021 to 2028 owing to the growing consumer preference for functional beverages, including fortified juices.
The country section of the fortified juices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fortified Juices Market Share Analysis
The fortified juices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fortified juices market.
The major players operating in the fortified juices market report are Red Bull, PepsiCo, Inc., Nestlé, Kraft Foods, General Mills, Campbell Soup Co., Monster Beverage Corporation, The Coca-Cola Company, ADM, DuPont, LycoRed Ltd., Fortitech, Inc., BASF SE, Nutratech, Inc., Maxinutrition, Glanbia, Clif Bar & Company, Universal Nutrition, SunOpta, Inc., Dr Pepper Snapple Group Inc., Groupe Danone, Tata Tea, GSK, RushNet, Jivita LLC, Old Orchard Brands, Cadbury Schweppes, Taut, and Hain Celestial among others.
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