The Juices And Juice Concentrates Global Market Report 2023, provides comprehensive information on the juices and juice concentrates market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Juices And Juice Concentrates Market’s Growth:
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As per The Business Research Company’s Juices And Juice Concentrates Global Market Report 2023, the market size is expected to grow from $37.54 billion in 2022 to $39.83 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global juice and juice concentrates market size is expected to reach $48.19 billion in 2027 at a CAGR of 4.9%.
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Product innovation is the key trend gaining popularity in the juices and the juice concentrates market. Major companies operating in the juices and juice concentrates market are focused on developing new products to strengthen their position in the market. For instance, in October 2022, The EVERY Co., a US-based biotechnology company that develops proteins and other products traditionally sourced from animals, launched BUILD in partnership with Pulp Culture+. BUILD is the world’s first protein-boosted hard juice, a hyper-functional Full SpectrumTM beverage infused with probiotics, adaptogens, source-verified super fruits, superfoods, and animal-free EVERY Protein. This requires no masking agents, sugar, or other unnecessary additives. It includes trendy ingredients such as cordyceps, ashwagandha, and 5 grams of Protein.
The juices and juice concentrates market is segmented:
1) By Type: Juices, Juice Concentrates
2) By Concentration: Concentrated, Non-concentrated
3) By Distribution Channel: Supermarket Or Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retail, Other Distribution Channels
4) By Application: Bakery And Confectionery, Beverages, Dairy Food, Soups And Sauces, Other Applications
Asia-Pacific was the largest region in the juices and juice concentrates market in 2022.
The table of contents in TBRC’s juices and juice concentrates market report includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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