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Global Concentrated Fruit Juice Market: Rising Demand for High Scale of Volume in the Beverages Production Noticed by Variant Market Research



According to the latest report published by Variant Market Research, the global concentrated fruit juice market size is estimated to reach $88 Billion by 2024 from $54.3 billion in 2016, at a CAGR of 6.2% from 2016 to 2024.
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Increasing adoption of convenience foods to drive the global concentrated fruit juice market
The global concentrated fruit juice market trend includes rising demand for high scale of volume in the beverages production, increasing adoption of convenience foods, and longer shelf life & cost effectiveness of juice concentrates against fresh juices. Concentrated fruit juice manufacturers offer variety of products in the market, which is expected to boost the concentrated fruit juice market share. Though, growing knowledge about adverse effects of excess fructose consumption may hamper the market growth. In counties like Australia, awareness about side effects of excess fructose consumption is increasing due to strict rules and regulations. Furthermore, growing disposable income in developing markets and the rising food and beverages industry would provide an opportunity for market players of this market.
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Market Segmentations
The global concentrated fruit juice market is classified into product type, application, and geography. Product type segment includes clarified, carbonate stable, and alcohol stable. Dairy, beverages, bakery, confectionary, and other applications are covered under the concentrated fruit juice application sub segment. North America (U.S., Mexico, and Canada), Europe (France, Germany, UK, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.
Clarified, by product type, is estimated to dominated the global market in 2016
Clarified held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to growing health awareness among consumers and high usage of these juices in different food recipes.
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Beverage, by application, is estimated to dominated the global market in 2016
Beverage held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to high-scale applications of concentrated fruit juice in foods and high adoption of fruit juice based beverages.
Europe is estimated to dominated the global market in 2016
Europe held for the highest market share of 37% in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to technological progress in the food processing industry in this region.
Competitive Landscape
The key market players of the market are Archer Daniels Midland Company, Diana Group, Future FinTech Group Inc., Sudzucker AG, SVZ Industrial Fruit & Vegetable Ingredients, Ingredion Incorporated, AGRANA Beteiligungs-AG, Döhler, and SunOpta, Ciatti Company, among others.
Scope of the Global Concentrated Fruit Juice Market
Product Type segments
• Carbonate Stable
• Clarified
• Alcohol Stable
Application Segments
• Bakery
• Beverage
• Dairy
• Confectionary
• Other Applications
Geographical Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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News Release: Global Concentrated Fruit Juice Market: Rising Demand for High Scale of Volume in the Beverages Production Noticed by Variant Market Research
Submitted on: January 16, 2018 08:09:57 AM
Submitted by: sneha
On behalf of: https://www.variantmarketresearch.com/report-categories/food-beverages/concentrated-fruit-juice-market
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