Global Fruit and Vegetable Juice Market and Forecast Report, 2020-2027

by Oliver Smith Sr. SEO Executive

The GMI Research speculates an increasing demand in the Fruit and Vegetable Juice Market over the forecast period. This is mainly because of the surging awareness among consumers, availability of extensive variation of products, rising consumption of soft drinks, and the increasing drift towards a healthy lifestyle.

Introduction of the Fruit and Vegetable Juice Market

Fruit and vegetable juice is the natural liquid extricated from fruit or vegetable tissues. It is normally consumed in the form of a beverage or drink among consumers. The juice is prepared by impulsively squeezing fruit or vegetable and adding artificial flavours into the procured juice.

Key Players of Market:

Citrus World, Inc.
PepsiCo Inc.
Del Monte Foods, Inc.
The Coca-Cola Company
Ocean Spray Cranberries, Inc.
Nestlé S.A
Eckes-Granini Group
Welch Foods Inc.
Dhler Group
Mott’s LLP
The Kraft Heinz Company

Fruit and Vegetable Juice Market Dynamics

The intensifying preference of consumers towards nutriment products and the increasing disposable income of individuals are the significant factors propelling the demand of the global fruit and vegetable juice market. Moreover, the aggravating health consciousness among consumers and the increasing popularity of cold-pressed juices as it provides minerals, vitamins, and enzymes, which will further boost the demand of the global fruit and vegetable juice market. Fruit and vegetable juice comprises of health benefits, such as improves digestive health and immune system, increases energy level, protects against cancer and cardiovascular disease, and maintains the appearance of the young population. In addition to this, the swift variation in the consumer's taste and choice has made fruit and vegetable juice an important part of their daily diet. However, the easy accessibility of counterfeit products such as carbonated drinks and increasing demand of fresh fruits may hinder the fruit and vegetable juice market opportunities.

Product Type Segment Drivers

Based on the product type, the fruit juice segment is projected to grow at a higher CAGR over the coming years. This is due to the strong demand for fortified juices among consumers. Fruit juice has adequate amount of vitamins such as vitamin D, C, A, and E. The fruit juice is further bifurcated into apple, lemon, guava, orange juice, and others. Amongst which, the orange juice type will proliferate at a faster rate attributed to its remarkable benefits, such as being rich in nutrients and vitamins. Moreover, the various initiatives implemented by governments are increasing the consumption of fortified food and beverages in emerging economies.

Distribution Channel Segment Drivers

As per the distribution channel, the Supermarkets/Hypermarkets channel is predicted to capture the highest market share over the forecast years. These stores provide an extensive range of brands and products and other temping discount offers. In addition, the easy accessibility of a huge variety with quality will further bolster the fruit and vegetable juice market size. Besides this, the online is contemplated to boost at a faster rate owing to the busy lifestyle of consumers and the massive accessibility of products at a superior price. Also, the increasing innovation by a leading market player through different distribution channels will raise the market share.

Fruit and Vegetable Juice Market Segment Analysis:

Segmentation by Product Type

· Fruit Juice

o Orange Juice

o Apple Juice

o Lemon Juice

o Guava Juice

o Others

· Vegetable Juice

· Nectar

Segmentation by Distribution Channel

· Specialized Stores

· Supermarkets/Hypermarkets

· Online

· Others

Segmentation by Region:

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· North America

o United States of America

o Canada

· RoW

o UAE

o Brazil

o South Africa

o Saudi Arabia

About GMI Research

Aimed to provide business information and market research reports to various small, medium, and large scale companies, GMI is a research and consulting enterprise. The team of seasoned experts collect all the appropriate information using both internal and external databases. The concentration of our organization is to penetrate our clients with the approaching opportunities and challenges. The team further helps to perceive the influence of share, drivers, size, growth opportunities, and other market aspects.