Global Packaged Fruit Juice Market, By Type (100% Fruit Juice, Nectars, Juice Drinks, Concentrates, Powdered Juice, Others), Flavours (Orange, Apple, Mango, Mixed Fruit, Others), Distribution Channel (Supermarkets, Hypermarkets) - Industry Trends and Forecast to 2023 to 2030.
Packaged Fruit Juice Market Analysis and Size
The essential factors contributing to the growth of the global packaged fruit juice market in the forecast period of 2023 to 2020 include consumers' changing lifestyles and eating habits and growing packaging innovation of fruit juices.
Data Bridge Market Research analyses that the global packaged fruit juice market, which was USD 124.89 billion in 2022, is expected to reach USD 169.51 billion by 2030, growing at a CAGR of 4.0% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Packaged Fruit Juice Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (100% Fruit Juice, Nectars, Juice Drinks, Concentrates, Powdered Juice, Others), Flavors (Orange, Apple, Mango, Mixed Fruit, Others), Distribution Channel (Supermarkets, Hypermarkets)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific , Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America
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Market Players Covered
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SUJA LIFE (U.S.), PepsiCo (U.S.), CEDAR Juice (Canada), Evolution Fresh (U.S.), Liquiteria Inc. (U.S.), Bolthouse Farms (U.S.), Hain Celestial (U.S.), Greenhouse Juice Co (Canada), Juice Press (U.S.), Preshafood (Australia), Juice Warrior (US), Juice Generation (U.S.), Rakyan Beverages (India) and Starbucks Coffee Company (U.S.)
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Market Opportunities
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Market Definition
Fruit juice is a non-fermented beverage made by mechanically squeezing or macerating fruits. The health benefits of various types of fruit juice vary. This, combined with the refreshing taste and longer shelf-life of fruit juice, makes it one of the most popular beverages worldwide.
Packaged Fruit Juice Market Dynamics
Drivers
- The Changing Lifestyle and Eating Habits of the Consumer
Consumers' changing lifestyles and eating habits have resulted in an increased intake of affordable, healthy, and quick sources of nutrition, such as packaged fruit juices, catalyzing market growth. To broaden the consumer base, manufacturers are introducing a variety of flavors and preservative-free and sugar-free fruit juices. Furthermore, growth in the food and beverage industry is increasing global demand for fruit juices.
- The Growing Packaging and Product Innovations to Attract Consumers
Convenience packaging for all consumers is the key factor in attracting consumers to purchase fruit and vegetable juice. Companies are concentrating on product innovation to influence consumers through various marketing strategies such as advertisements and effective distribution, among others. Customers prefer natural fruit juice concentrates or 100 percent fruit (concentrated juice) juices.
Opportunities
- Rising Investments in R&D
Rising research and development expenditures will create even more lucrative market growth opportunities, particularly in developed and developing economies. The research and development capabilities used to study juices' effects on the immune system are also boosting market growth rates. The low and minimal investment required has resulted in an increase in the number of vendors on the roads on a daily basis. This is yet another important determinant of market growth.
Restraints/Challenges
- Rising awareness regarding high sugar content in packaged fruit juices
The fiber content of packaged juices is very low, while the fructose content is very high, which can increase the body's insulin levels. On the other hand, fitness enthusiasts and health-conscious people prefer freshly squeezed juices to packed juices because they do not want to overload their bodies with sugar while leading a healthy lifestyle. This factor is increasing demand for freshly packaged juices while slowing the growth of the packaged fruit juice market.
This packaged fruit juice 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 the packaged fruit juice market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In February 2019, Amul, one of India's leading dairy market players, announced its entry into the packaged juice market with the launch of its new brand, "Tru." Amul intends to launch a line of juices in the flavors of litchi, mango, apple, and orange. These items are sold in PET bottles with a capacity of 200 ml. The company intends to compete with major Indian brands such as Real Fruit Juice, B Natural, and Tropicana with the launch of this product
Packaged Fruit Juice Market Scope
The global packaged fruit juice market is segmented on the basis of type, flavours, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- 100% Fruit Juice
- Nectars
- Juice Drinks
- Concentrates
- Powdered Juice
- Others
Flavours
- Orange
- Apple
- Mango
- Mixed Fruit
- Others
Distribution Channel
- Supermarkets
- Hypermarkets
Packaged Fruit Juice Market Regional Analysis/Insights
The packaged fruit juice market is analysed, and market size insights and trends are provided by country, type, flavours, and distribution channel as referenced above.
The countries covered in the Global packaged fruit juice market report areU.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific , Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
North American region is expected to hold a significant market share over the forecast period because consumers are becoming more health-conscious and self-aware. They are switching to juices rather than aerated drinks.
The Asia Pacific region has significant growth prospects due to the fact that various globally popular market players, such as Tropicana, are launching a new variety of products. Furthermore, brands such as raw pressure are attempting to popularise cold-pressed juices in countries such as India to cater to the population seeking no sugar and healthy juices.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Packaged Fruit Juice Market Share Analysis
The global packaged fruit juice 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 market.
Some of the major players operating in the global packaged fruit juice market are:
- SUJA LIFE (U.S.)
- PepsiCo (U.S.)
- CEDAR Juice (Canada)
- Evolution Fresh (U.S.)
- Liquiteria Inc. (U.S.)
- Bolthouse Farms (U.S.)
- Hain Celestial (U.S.)
- Greenhouse Juice Co (Canada)
- Juice Press (U.S.)
- Preshafood (AU.S.tralia)
- Juice Warrior (U.S.)
- Juice Generation (U.S.)
- Rakyan Beverages (India)
- Starbucks Coffee Company (U.S.)
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