Fruit Juice Market Size, Analysis, Key Players, Latest Insights, Opportunity and Forecast 2023-2028

PRESS RELEASE
Published February 8, 2023

According to IMARC Group’s latest report, titled “Fruit Juice Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global fruit juice market size reached US$ 147.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 189.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.52% during 2023-2028.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

Fruit Juice Market Overview:

Fruit juice is a refreshing and healthy alternative to sugary drinks made by extracting juice from fresh or processed fruits. It is a great source of vitamin C and minerals, and is high in antioxidants and potassium, which help boost the immune system and protect against diseases. It is also rich in fiber, which further helps regulate digestion and promote a healthy gut. Regular consumption of fruit juice improves heart health, minimizes the risk of chronic diseases, and reduces inflammation in the body. Currently, there are umpteen product variants available in the market, including apple juice, orange juice, cranberry juice, and grape juice.

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Fruit Juice Market Trends:

The increasing consumer awareness regarding the importance of healthy eating has considerably surged the demand for healthier beverage options, such as fruit juice, which represents one of the primary factors creating a positive outlook for the market. Additionally, key market players are introducing natural, organic, and non-GMO product variants in convenient packagings, such as single-serving bottles and cartons, to increase their consumer base, which is propelling the market growth. Moreover, the inflating demand for functional beverages with added health benefits, easy product availability in online retail stores, and inflating consumer expenditure power are boosting the market growth.

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Fruit Juice Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the fruit juice market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • The Coca-Cola Company
  • Pepsico, Inc.
  • China Huiyuan Juice Group Limited
  • WILD Flavors, Inc.

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Key Market Segmentation:

The report has segmented the fruit juice market on the basis of breakup by product type, flavor, distribution channel and region.

Breakup by Product Type:

  • 100% Fruit Juice
  • Nectars
  • Juice Drinks
  • Concentrates
  • Powdered Juice
  • Others

Breakup by Flavor:

  • Orange
  • Apple
  • Mango
  • Mixed Fruit
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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