A
new market research report by Transparency Market Research, titled
“Juice Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 – 2021,” provides a thorough
understanding of the juice
market.
The report also analyzes the growth potential of this market and its
prime areas of focus. The report presents a focused evaluation of
both vegetable and fruit juices on the basis of application,
category, type, and geography. The study includes information such as
forecasts, market size, regulations, and trends within the global
fruit juice market. The study also elaborates upon the predicted
innovations and current product developments within the market. The
section on the competitive landscape of the market highlights the
market leaders’ shares, strategies, and product developments.
As
per the report, the global juices market has experienced exponential
growth in recent years owing to the increasing demand for healthy
beverages amongst consumers. In addition, the demand for juices is
also fuelled by new product proliferations in vegetable and fruit
juices. A number of blends and flavors have been introduced in the
market of late, keeping in mind the demand patterns exhibited by
consumers. The increasing demand for orange juice in Western Europe
and a number of other developed countries has created new
opportunities for the manufacturers of juices. The chief trend seen
in the market is the new product innovations for enhancing the health
of consumers. On the other hand, the prime factors inhibiting the
growth of the market include the increasing demand for alternatives.
A number of substitutes such as soft drinks have witnessed high
demand especially amongst young consumers, hence restraining the
growth of the juice market.
Download
Free exclusive Sample of this
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8761
The
report segments the market on the basis of type of vegetables and
fruits utilized for making the juice, concentration level, and
geography. There are a number of fruit juices available in the
market, including grape juice, orange juice, apple juice, tomato
juice, pineapple juice, and others. Amongst these, orange juice held
the largest share in the global juices market in 2015. On the other
hand, other fruit juices such as apple juice, pineapple juice, grape
juice, grapefruit juice, tomato juice, and a number of vegetable
juices are also gaining popularity, as per this study. Furthermore,
juices made from a number of highly nutritious superfoods such as
acai berries have also gained momentum owing to the several health
benefits they provide to the consumer, thus propelling the global
juice market.
According
to the report, on the basis of geography, the global juice market is
segmented into Asia Pacific, North America, the Middle East and
Africa, Europe, and Latin America. The report states that the chief
players dominant in the market are Coca-Cola Co., Citrus World, Dr.
Pepper Snapple Group Inc., Nestle, PepsiCo., Welch’s, and Del
Monte, among others.
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