Fruit Juice Market Size, Industry Analysis, Trends, Top Companies, Latest Insights, Business Opportunities and Forecast 2023-2028

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.

Fruit juice represents a non-fermented beverage that is acquired by macerating or mechanically squeezing fruits. It offers various health benefits, such as avocado boosts natural energy in the body, the watermelon keeps the body hydrated and improves metabolism, papaya caters to healthy digestion, lemon fights viral infections, and pineapple reduces cholesterol levels. Fruit juice is extensively available in supermarkets, convenience stores, hypermarkets, specialty food stores, and online retail channels. In addition, the refreshing taste and longer shelf-life of this beverage make it the most widely consumed drink across the globe.   

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Fruit Juice Market Trends:

The launch of several policies by the government bodies to promote the consumption of healthier food and beverage options, owing to the altered dietary patterns and higher obesity rates in individuals, is among the primary factors driving the fruit juice market. Besides this, the escalating product demand, on account of the various health benefits, including boosting energy, improving metabolism, and reducing cholesterol, is further augmenting the market growth. Moreover, the leading manufacturers are introducing several flavors and producing preservative-free and sugar-free fruit juices to expand the customer base, which is also catalyzing the global market. Apart from this, the reduced consumption of soft drinks, such as flavored sodas and colas, as they have artificial coloring, phosphoric acid, high sugar content, artificial sweeteners, and caffeine which can cause adverse effects on the human body, is acting as another significant growth-inducing factor. Furthermore, the elevating requirement for affordable, healthy, and quick sources of nutrition, owing to the changing lifestyles of individuals, is expected to bolster the fruit juice market in the coming years.  

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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