Fruit Juice Market Projected to grow at a CAGR of 3.4% by 2024

Posted on 2018-11-27 by Goldstein Research in Food & Beverage // 0 Comments

New York, USA, 2018-Nov-27 — /EPR Network/ —According to Goldstein Research, global fruit juice market size is expected to reach USD 38.9 billion by 2024, from a market size of 82.4 billion in 2015, expanding at a CAGR of 3.4% over the forecast period 2016-2024. The rising health concerns & increasing preference for organic & natural beverages is fuelling the demand for fruit juice across the globe. Moreover, the swelling personal disposable income & innovations in fruit juice quality & taste are further driving the growth of global fruit juice market. Geographically, global fruit juice industry is dominated by Europe with estimated annual consumption reaching to 9.6 billion liters annually in 2015. Europe is closely followed by North America fruit juice market. Whereas, Asia Pacific region is witnessed to be growing at fastest CAGR during the forecast period and thus it accounted for nearly 22.0% revenue share in 2016.

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Market Segmentation

Global Fruit Juice Market can be studied under the following segments:

By Product Type

Carbonated Juices
Naturally Sweetened (No Artificial Sweetener)
Health Juice
Pre-Biotic And Pro-Biotic
Others

By Concentration Type

Concentrated
Non-Concentrated

By Packaging Type

PET/Plastic
Metal can
Tetrapaks
Glass
Other (Dispense etc.)

By Distribution Channel

Online
Offline (Super market, hyper market etc.)

By Region

North America Fruit Juice Market Analysis, 2016-2024
Europe Fruit Juice Market Analysis, 2016-2024
Middle East and Africa Fruit Juice Market Analysis, 2016-2024
Latin America Fruit Juice Market Analysis, 2016-2024
Asia Pacific Fruit Juice Market Analysis, 2016-2024
Rest of the World Fruit Juice Market Analysis, 2016-2024

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“Global Fruit Juice Market Outlook 2024” includes comprehensive overview of the global fruit juice market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, concentration type, packaging type, distribution channel and geography.

The Global Fruit Juice Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities andinvestments. The comprehensive analysis of fruit juice market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global fruit juice market analyzed in the report are: Coca Cola Company, PepsiCo, Del Monte Foods, Döhler Group, Nestle SA, Hershey, True Organic, Ocean Spray, Dr Pepper Snapple, Welch Foods and Mott, Odwalla Inc.,etc.

Further, Global Fruit Juice Market Report encompasses the key factors driving the growth of market, opportunities in the market and the factors posing threats & challenges to the market. The Fruit Juice Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

Global fruit juice market is further bifurcated in various segments with separate market analysis mentioned below:

Australia Fruit Juice Market

Australians have widely accepted the fruit juices over the traditional flavored juices such as apple or orange flavored; those had the major market coverage before the entry of fruit juices in the market. Australia fruit juice market size is set to reach USD 1.3 billion by 2025, growing at a CAGR of 2.1% over the forecast period.

India Fruit Juice Market

Fruit juice market in india is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. The market is anticipated to reach USD 4.9 billion at a CAGR of 17.1% over the forecast period backed by the significant adoption of health drinks by young consumers in India.

Aloe Vera Juice Market

Aloe Vera juices have gained popularity worldwide during the last few years. Aloe Vera has been a traditional remedy for burns and cuts for ages, and has regained traction in recent times. The global market for aloe vera juice was valued at USD 0.84 billion in 2016. Aloe vera juice market is expected to grow at a CAGR of about 11% over the forecast period and reach a size of USD 2.15 billion by 2024.

Mango Juice Market

The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024.

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