Non-Alcoholic
Fruit Beverages Market: Introduction
Non-alcoholic
fruit beverages include beverages containing a higher percentage of
vitamins and minerals especially among non-alcoholic based drinks and
purchased by consumers in form of juices, fruit drinks, nectars,
squashes, and others. Currently in the global market, the demand for
non-alcoholic fruit beverages and fruits based food products is
increasing at robust growth rate owing to increasing demand among
health-conscious consumers, changing lifestyle, urbanization and
increasing population of high income population. Further, rising
demand for fruit based drinks in the global market, companies are
also focusing towards manufacturing fruit based carbonated drinks.
Nowadays, consumers have a higher preference towards fruit based
beverage in compare to carbonated drinks. Companies are paying
greater emphasis towards beverages containing higher juice
concentration. In the global fruit based beverage market,
Asia-Pacific region is expected to grow a higher rate owing to
increasing demand in countries such as China, India, and ASEAN.
Further, the demand for fruit based beverage products is also rising
in Western Europe countries.
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Non-Alcoholic
Fruit Beverages Market: Market Drivers
The
key market drivers which influence the demand for non-alcoholic fruit
beverages market from the side of beverage manufacturers is by
creating its trending demands among the health-conscious consumers as
non-alcoholic fruit beverages contain a higher amount of nutritional
content includes vitamins, minerals, and others. The aversion of
consumers towards juices is due to higher level artificial
ingredients, and side effects of carbonated drinks which causes
health related problems. Further, in the global non-alcoholic fruit
beverages, the demand for organic non-alcoholic fruit beverages is
also increasing among millennials due to their higher emphasis
towards personal health and wellbeing targets. On the other side, the
supply of organic products such as organic drinks, organic dairy
products, organic fruits, and vegetables is pushed due to increase in
organic product offering by supermarket/hypermarket stores. These
factors are expected to support the growth of non-alcoholic fruit
beverages in near future.
Non-Alcoholic
Fruit Beverages Market: Market Segment
On
the basis of market segment, fruit based drinks market is segmented
on the basis of by nature, by fruit type, by end-use, by packaging,
and by distribution channel. By nature, fruit based beverage market
is segmented in organic and conventional. On analyzing the current
market scenario, the demand for organic fruit based drinks is
expected to grow at faster pace in compare to conventional fruit
based drinks. Further, by fruit type, the market is segmented into
berries, citrus fruits, tropical fruits, pomes and drupes, and
others. Another market segment for non-alcoholic fruit beverages is
segmented by end-use segment. By end-use segment, non-alcoholic fruit
beverages include HoReCa and retail segment. Further, by packaging,
the market of non-alcoholic fruit beverages is segmented on the basis
of glass, plastic, can, beverage cartons, and others. Currently, the
demand for beverage carton and plastic packaging of non-alcoholic
fruit beverages is expected to grow at significant rate in the global
non-alcoholic fruit beverages market. In fruits juice based beverages
market, the demand for beverage cartons packaging format is growing
at higher growth owing to ease of convenience, and protection of
original fruit flavors, freshness, natural taste, and nutritional
content of beverage of both fresh as well as products having longer
period of shelf-life. Market segment by distribution channel,
non-alcoholic fruit beverages market is segmented on the basis of
direct sales and indirect sales channel of distribution. Further, the
market for indirect sales channel of distribution is sub-segmented
into hypermarket/supermarket, convenience and departmental stores,
specialty stores, online retail and others.
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Non-Alcoholic
Fruit Beverages Market: Regional Segment
On
the basis of the regional segment, non-alcoholic fruit beverages
market is segmented in seven regions across the globe. It includes
North America, Latin America, Western Europe, Eastern Europe,
Asia-Pacific excluding Japan, Middle East and Africa, and Japan. The
demand for organic non-alcoholic fruit beverages is increasing at
higher growth rate especially among countries U.S., U.K., Germany,
France, Italy, and in many other countries of Western Europe.
Increasing awareness and health benefits of non-alcoholic fruit
beverages are also expected to increase at a higher growth in
Asia-Pacific region.
Non-Alcoholic
Fruit Beverages Market: Key Players
Some
of the key players operating in fruit based beverage market includes
PepsiCo Inc., Evergreen Juices Inc., Dabur, Parle Agro, THE COCA-COLA
COMPANY, James White Drinks, Evolution Fresh, Suja Life, LLC,
Höllinger, Nectar Imports Ltd., ANPELLEGRINO S.P.A, and others.
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