The
global juice market is expected to witness exciting growth trajectory
riding on the back of worldwide rising demand for convenience food to
supplement healthy and balanced diet. The inclination toward adding
more vegetable and fruits in the daily diet regime against the
backdrop of dynamically changing food habits of populations around
the globe is supporting the broad expansion of the market. A granular
as comprehensive insight into such trends forms the crux of a
business intelligence study by Transparency Market Research (TMR).
The report bears the title “Juice Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015–2021”.
Download
PDF Brochure @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8761
The
rapid strides being experienced by convenience food lifestyle segment
in emerging economies and the wide popularity of packaged food
segment are trends catalyzing the growth of the juice market.
Health-conscious consumers are displaying increased affinity toward
packaged fruit and vegetable juices with varied taste and flavor in
developing and developed regions. The geographical distribution of
fruits and vegetables in some regions might also act as a robust
factor favoring the growth of the overall juice market.
However,
a growing number of consumers may still be reluctant to shift from
consumption of fresh fruits and vegetables to packaged ones available
in the form of juices. One of the key factors attributing the demand
for whole fruits and vegetables among these consumers is the presence
of adequate fibers. Furthermore, the availability of substitutes such
as carbonated beverages is also crippling the demand for juices in
various parts of the globe.
Nevertheless,
a growing number of consumers are being attracted by innovations in
texture, flavor, and taste continuously brought by food
manufacturers. Moreover, the advent of sugar-free juices and
beverages that are low on sugar and high on nutrients has gathered
some steam in recent years across the globe. Furthermore, numerous
players in the food and beverages sector are also focusing on
offering blended fruits and vegetables incorporating more natural
flavors. These factors are catalyzing the growth of the global
juice market.
Industry
efforts to bring innovation in packaging of fruit and vegetable
juices have also worked in the favor of the market expansion. The
advent of antioxidant-rich fruits and vegetable juices is also a
promising development in the global juice market. In this regard, the
demand for juices made from acai berries is fueling the growth of the
market.
On
the regional front, developed countries and emerging economies are
poised to present vast lucrative prospects to juice manufacturers
over the assessment period. North America and Europe might witness
new, exciting avenues catalyzing the global growth of the market.
A
growing number of players in the global juice market are increasingly
focusing on mass as well as premium consumer segment, in order to
consolidate their shares over the forecast period. Several prominent
players are also investing substantially in research and development
activities in supporting product innovations. Some of the key players
operating in the market are Florida's Natural Growers, Coca-Cola Co.,
Dr. Pepper Snapple Group Inc., Nestle, PepsiCo., Inc., Del Monte, and
Welch’s.
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