Global Market for Juice Concentrates Market to Offer Lucrative Growth Prospects for Manufacturers
Juice Concentrates Market: Overview
‘Juice Concentrates market’, has developed a comprehensive report emphasizing every vital aspect of the business vertical. The study has collectively presented refined data characterized by market valuation, market participants, regional segmentation, and revenue forecasts, enabling stakeholders to make logical business decisions.
Juice concentrates are the frozen and concentrated form of fruit or vegetable or mixed juices by reducing the water content. It has improved shelf life and cost effective as compared to normal juices. Juice concentrates are used in wide range of applications in food industry such as bakery products, confectionery, sauces, and soups etc. as an alternative for fruits and vegetables. The juice concentrates impart the natural flavor and color to the food products. The vegetable juice concentrates are used to improve the nutritious value of the food products. It is increasingly used in the production of healthy juice beverages. The fruit juice concentrates are used as natural sweeteners and as natural food color. The beverage segment accounts for major share in global juice concentrates market in terms of consumption. They are used in manufacturing both alcoholic and non-alcoholic drinks.
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Juice Concentrates Market: Drivers and Restraints
The rising demand for beverage and bakery products among consumers is the major driver for the growth of global juice concentrates market. The increasing adoption of vegetable and fruit juices as an alternative to aerated drinks by health conscious consumers is expected to drive the growth of global juice concentrates market. The rapid growth of natural sweeteners market is expected to boost the growth of global juice concentrates market. The increasing demand for juice concentrates in the beverage industry and as the sugar substitute in bakery products industry is anticipated to propel the growth of global juice concentrates market.
However, the increasing awareness regarding ill-effects of excess consumption of fructose in juice concentrates might hamper the growth of global juice concentrates market.
Juice Concentrates Market: Segmentation
On the basis of product type, the global juice concentrates market can be segmented as follows:-
On the basis of application, the global juice concentrates market can be segmented as follows:-
- Bakery Products
- Jams and Spreads
- Sauces and Soups
Juice Concentrates Market: Region Wise Outlook
The global juice concentrates market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America and Western Europe accounts for major share in global juice concentrates market. The increasing adoption of healthy convenience food products among consumers is expected to drive the growth of juice concentrates market in the region. The technological advancements in food processing industry and agriculture industry is expected to contribute to the growth of juice concentrates market in these regions. APEJ juice concentrates market is anticipated to project high CAGR during the forecast period. This is attributed to the high population and rapid growth of food industry in the region. The region also accounts for major share in fruit and vegetable cultivation, which is expected to boost the growth of juices concentrates market in the region.
Juice Concentrates Market: Key Players
Some of the key players in the global juice concentrates market are as follows:
- Northwest Naturals, LLC.
- SunOpta, Inc.
- KERR CONCENTRATES INC.
- Archer Daniels Midland Company
- Welch Foods Inc.
- Ingredion Incorporated
- DOHLER GmbH
- Sudzucker AG
- AGRANA Investment Corp
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Western Europe (EU5 countries, Nordic, BENELUX, Rest of Western Europe)
- Eastern Europe (Poland, Russia, Rest of Eastern Europe)
- APEJ (China, India, ASEAN, Australia & New Zealand)
- MEA (GCC Countries, S. Africa, N. Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint