According to IMARC Group’s latest report, titled “
Fruit Juice Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The
global fruit juice market reached a volume of 44.12 billion Liters in 2020.
Fruit juices are non-fermented beverages made by mechanically squeezing or macerating fruits. They are a rich source of vitamins, iron, calcium, etc., and offer several health benefits. For example, avocado juice boosts the body's energy levels, while lemon juice can fight viral infections. Besides this, a fruit juice also has a refreshing taste, rich natural flavor, and extendable shelf life with preservatives, making it one of the most widely consumed beverages across the globe.
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The growing consumer awareness towards the harmful effects associated with the consumption of carbonated beverages is primarily driving the demand for healthier alternatives, such as fruit juices. Moreover, the hectic lifestyles of the consumers are bolstering the need for quick and affordable sources of nutrition like packaged fruit juices. Furthermore, the introduction of a wide range of flavors, along with preservative-free and sugar-free variants, by numerous manufacturers is also contributing to the market growth. Additionally, the growing food and beverage industry and the rising number of organized retail outlets are expected to further bolster the global market for fruit juices over the forecast period. Looking forward, the global fruit juice market is expected to witness stable growth during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- The Coca-Cola Company
- Pepsico, Inc.
- China Huiyuan Juice Group Limited
- WILD Flavors, Inc.
Market Segmentation:
Breakup by Product Type:
- Fruit Juice
- Nectars
- Juice Drinks
- Concentrates
- Powdered Juice
- Others
Breakup by Flavor:
- Orange
- Apple
- Mango
- Mixed Fruit
-
Breakup by Distribution Channel:
- 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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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- 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.
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