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:
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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:
Breakup by Flavor:
Breakup by Distribution Channel:
Breakup by Region:
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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:
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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.
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