Global Market Juice Concentrates
Dublin, June 23, 2022 (GLOBE NEWSWIRE) – “Juice concentrates market by type (fruit and vegetables), application (beverages, soups, sauces, dairy, bakery and desserts), ingredients (single and multi-fruits and vegetables), shape, and region – Global Outlook Report to 2027 added” ResearchAndMarkets.com Show.
The global market for concentrated juice is valued at US$73.7 billion in 2022. It is expected to reach US$93.7 billion by 2027, registering a compound annual growth rate of 4.9% over the forecast period.
The in-app beverage segment has undergone a revolutionary shift towards a healthier profile, and the demand for innovation within the product portfolio has followed an increasing trend. The changing dietary preferences of people have led to a significant increase in the consumption of food foods and juices, which in turn is expected to increase the demand for juice concentrates in the market.
Therefore, manufacturers of fruit juice concentrates worldwide are becoming innovative, market-driven and cost-effective. The market is witnessing a strong demand for the high quality and continuous reliability of juice concentrate supply. The juice concentrate market has developed and become strong globally, resulting in new product launches and investments by major players in improving their research and development facilities.
The juice concentrate market, on the basis of vegetable type, has been divided into carrot, cucumber, tomato, onion, garlic and others.
The choice will benefit from the growing demand for green juice among health-conscious consumers who want to live an active and healthy lifestyle. Cucumber juice concentrates make a refreshing drink and can be a post-workout drink for fitness enthusiasts. On the other hand, the demand for tomato juice concentrates is set to increase.
This increase in demand can be attributed to a number of factors such as the growing desire for clean labels, healthy aura, growing food and beverage business, preference for ready-to-eat foods as a result of a busy lifestyle, and demand for all organic products. Carrot concentrates will also see an increase in demand as they consist of minimal taste and help reduce sugar content; They enhance the nutritional content in the beverage, without compromising the flavor and color of the beverage.
The juice concentrate market, based on the figure, is estimated to be dominated by clear concentrates in 2022.
The clear concentrate can be used as a natural sweetener or as a substitute for food items, which include cakes, smoothies, and chocolate. Pure apple juice concentrate is one of the most widely used products in the food and beverage industry. Factors such as increasing income, expanding production, diversifying population and awareness of a healthy lifestyle contribute to the growth of the pure juice concentrate market.
Manufacturers are turning to vegetables for use in their formulations as the demand for healthy ingredients grows, consumers gravitate toward health and well-being, and as the pandemic accelerates that trend. As a result, the use of pure concentrates has expanded in the vegetable sector as they provide the desired color and flavour. For example, SVZ pure carrot concentrate is suitable for producing a delicious-looking and great-tasting drink.
Europe captured the largest market share during the forecast period.
The juice concentrate market in Europe is going through a high growth phase. The temperature in the European Union varies from country to country, resulting in different types of fruit being produced in different countries. In the European Union, juice concentrates are produced by a limited number of countries, such as Poland, the Netherlands, Italy, Spain and Germany. Germany is among the few countries in Europe that tend to produce juice concentrates. It is a major manufacturer of concentrated apple juice among the member states of the European Union. Germany has a temperate climate suitable for apple production. Germany and Italy are the main producers of concentrated apple juice in the European Union
Main topics covered:
2 Research Methodology
3 Executive Summary
4 distinct visions
4.1 Attractive opportunities in the concentrated juice market
4.2 Juice Concentrates Market: Major regional sub-markets
4.3 Asia-Pacific Concentrates Market, by Main Application and Country
4.4 Juice Concentrates Market by Model
4.5 market juice concentrates by ingredients
4.6 Juice Concentrates Market by Type
5 Market Overview
5.2 Market dynamics
18.104.22.168 Sustainability is key to increasing demand for juice concentrates
22.214.171.124 Increasing the popularity of convenient food and beverage products
126.96.36.199 The escalation of the anti-sugar movement that limits sales of soft drinks
188.8.131.52 Sugar substitute in the bakery and confectionery industry
184.108.40.206 The growing demand for NFC juices
220.127.116.11 Slow product innovation cycles compared to rapid shift in consumer behavior
18.104.22.168 Value-added products are gaining momentum
22.214.171.124 Growth in investment opportunities to develop new food and beverage processing technologies
126.96.36.199 High demand from developing countries such as China and India
188.8.131.52 Consumer demand for clean label products
184.108.40.206 Infrastructure challenges in developing countries
6 industry trends
6.2 Value chain analysis
6.3 Market Ecosystem and Supply Chain
6.3.1 Research and development
6.3.4 Logistics and Distribution
6.3.5 Marketing and Sales
6.3.6 End User Industry
6.4 Technology Analysis
6.5 Trends / Disruptions Affecting Clients’ Business
6.6 Trade Analysis
6.7 Patent Analysis
6.8 Porter’s Five Forces Analysis
6.8.1 Threat of new entrants
6.8.2 Threat of Alternatives
6.8.3 Suppliers’ Bargaining Power
6.8.4 Bargaining power of buyers
6.8.5 Intensity of competitive rivalry
6.9 average selling price trend
6.9.1 Average Selling Price Trend / Indicative Price Analysis
6.9.2 Average Selling Prices of Major Players by Application
6.10 Tariff regulatory landscape
6.11 Key stakeholders and procurement criteria
6.11.1 Key stakeholders in the procurement process
6.11.2 Purchase criteria
6.12 Major Conferences and Events, 2022-2023
7 Market Juice Concentrates By Type
7.2 Fruit juice concentrates
220.127.116.11 Orange will have the highest compound annual growth rate during the forecast period in terms of value
18.104.22.168 It is widely used as a sweetener, often in place of sugar or corn syrup
22.214.171.124 Pineapple juice concentrates are gaining in popularity due to their health benefits
7.2.4 Red grapes
126.96.36.199 The demand for red grapes in wine production is increasing
188.8.131.52 Mulberry is expected to grow at a compound annual growth rate of 4.8 percent.
7.2.6 Other citrus fruit juice concentrates
7.2.7 Other fruit juice concentrates
7.3 Vegetable juice concentrates
184.108.40.206 Carrots are a popular vegetable among American consumers
220.127.116.11 The freshness of cucumber and its use in green juices increases the demand for it
18.104.22.168 Tomato concentrate offers versatility in end use and is expected to maintain stable demand
7.3.4 Onions and garlic
22.214.171.124 Powder concentrates will see more demand for onion and garlic piece
7.3.5 Other vegetable juice concentrates
8 market juice concentrates by ingredients
8.2 Single fruit/vegetable concentrates
8.2.1 Single fruit/vegetable juice concentrates to see increased demand from food and beverage manufacturers
8.3 Multi Fruit/Vegetable Concentrate
8.3.1 Increased customer interest in new flavors and additional nutritional benefits will lead the industry
9 Juice Concentrates Market by Model
9.2 Clear focus
9.2.1 During the forecast period, clear concentrates have the largest share
9.3 concentrate powder
9.3.1 Powder concentrates will see higher demand as the food and beverage industry expands
9.4 Frozen concentrate
9.4.1 During the forecast period, frozen concentrates will have the highest compound annual growth rate
10 Juice Concentrates Market by Application
10.2.1.1 Low Sugar or Sugar Free and Artificial Growth Stimulators
10.2.2 Fruit juice
10.2.2.1 Manufacturers will take advantage of healthy trends to increase sales.
10.2.3 juice powder
10.2.3.1 Fortification will improve consumer interest in powdered juice
10.3 Soups and sauces
10.3.1 Ready-to-eat culture will drive growth.
10.4 Dairy Products
10.4.1 Development of the dairy industry to promote the growth of juice concentrates
10.5 Bakery and sweets
10.5.1 Powder concentrates will see greater demand in the bakery market for applications such as flavoring agents
10.6 Other apps
11 Market Juice Concentrates By Region
12 competitive scenes
12.2 Market Share Analysis, 2021
12.3 Key Player Strategies
12.4 Analysis of segmental revenue of the major players
12.5 quarter company valuation (key players)
12.5.2 Emerging Leaders
12.5.3 Players Widespread
12.5.5 Product effect
12.6 Juice Concentrate Industry Market, Startup/SME/SME Evaluation Quarter, 2021
12.6.1 progressive companies
12.6.2 Starting blocks
12.6.3 Responsive Companies
12.6.4 Dynamic Companies
12.7 Product launches, deals and other developments
12.7.1 Product launch
13 Company Profiles
13.2 The main players
13.2.1 Archer Daniels Midland Company
13.2.2 Sudzucker Ag
13.2.3 Ingridion Incorporated
13.2.5 Kerry Group plc
13.2.6 Ibruna Spa
13.2.7 Simries Ag
13.2.8 Dohler Group C
13.2.9 Svz International Bv
13.2.10 Kanegrade Ltd.
13.2.11 Sensient Technologies Corporation
13.3 Other Players (SMEs / Startups)
13.3.1 Prodalim Resources Ltd (Prodalim BV)
13.3.2 Baor . Product Range
13.3.3 Keller Juices Srl.
13.3.4 TM . Juice Concentrates
13.3.5 Raji Agro Food
13.3.6 Australian pure fruits
13.3.7 Sun Impex
13.3.8 Offers Shimla Hills Pvt. Ltd.
13.3.9 Al-Ghasya Fruits Company
13.3.10 Western Hill Foods Ltd.
13.3.11 Nile Trading Company
13.3.12 Mukhtaroglu Group
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