Global
Juice Market: Overview
Changes
in lifestyles and awareness regarding the consumption of a healthy
and balanced diet have steered the growth of the global juice market.
As a result of the growing consumption of vegetable and fruit juice,
the global market for juice is likely to witness strong growth over
the forthcoming years. However, the growth of the global juice market
is entirely dependent on the geographical distribution and
availability of vegetables and fruits. In the beverage industry,
juices constitute the most competitive segment.
Download
exclusive Sample of this
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8761
The
research report provides a thorough description of the dynamics that
are likely to restrain or drive the growth of the global juice market
over the next couple of years. It further offers a detailed analysis
of the key segments of the market along with information on the
penetration of juice products in regional markets and the share of
various regions in the global juice market. The study evaluates the
key elements at play in the market and the prevalent trends. In order
to present a clear picture of the market, the report presents an
in-depth analysis of the leading companies along with their share in
the market and key strategies, and product description. It also
assesses the competitive landscape of the global juice market through
the Porter’s five forces analysis. The study also provides
information on the degree of entry and exit barriers and growth
opportunities arising for juice manufacturers in the upcoming years.
Global
Juice Market: Trends and Opportunities
The
global juice market is likely to be driven by the mounting consumer
inclination towards juice. The demand for healthy food products from
diet and fitness conscious consumers is one of the leading drivers of
the global juice market. To meet the requirements of consumers,
manufacturers of juice products are focusing on introducing different
varieties and flavors of juices along with innovative packaging, and
product development. As dietary and health concerns are rising among
consumers, the demand for vegetables and fruit juices is also rising.
Manufacturers
of juice are striving to capitalize on the opportunities arising from
the advent of new products such as blended vegetable and fruit juice.
At present, the demand for orange juice is significantly high owing
to its easy availability and health benefits of the fruit. However,
single and mixed juice of vegetables and fruits such as grapefruit,
tomato, pineapple, grape, and apple are likely to gain popularity
over the next couple of years. Juices that contain antioxidants made
from fruits such as acai berries are also expected to gain prominence
by 2021. The advent of diet juice and no-sweetener juice is
anticipated to provide manufacturers with lucrative growth
opportunities. However, the prime factor that is likely to inhibit
the growth of the global market is the availability of substitutes
such as carbonated soft drinks.
Global
Juice Market: Regional Outlook
Regionally,
the global
juice market is segmented into Latin America, the Middle East and
Africa, Europe, Asia Pacific, and North America. Manufacturers of
juice are likely to gain lucrative growth opportunities from the
growing consumption of orange juice in developed countries. The
leading markets for juice in these regions are the U.S., Japan, and
Europe.
Companies
Mentioned in the Report
To maintain a strong hold in the market, leading companies are increasing investments in research and development activities and are focusing on enhancing their brand image. The leading players in the global juice market are Welch’s, Del Monte, Nestle, PepsiCo., Dr. Pepper Snapple Group Inc., Coca-Cola Co., and Citrus World among others.
No comments:
Post a Comment