Juice Concentrate Market: Trend of Adopting Healthy Lifestyle for Upkeep of Good Health Drives Sales
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Various trends and growth factors to have an impact over the demand for this market has been considered within this report. Competitive profiling of manufacturers that are present within this market along with various strategic overview has been covered here in this report. In addition to this, the drivers, challenges along with opportunities are profiled here within this report further giving a detailed review regarding the scope of this market in present and future. Market attractiveness of various segments and sub-segments both globally and region wise has also been covered here.
Rise in popularity of convenience and beverage products have been a key driver for this market. Changes in eating patterns coupled with busy lifestyles have resulted in the growth of global juice concentrates market. Additionally, it is the innovation in flavors and nutritional content along with growing investment by different multinational companies especially in the beverage sector have also resulted in boosting the demand for this market. Besides this, it is the Increasing consciousness about health in developed and developing countries have further pushed the market in demand in a positive way. There has been and increasing consciousness about proper health in addressing lifestyle risks that has impacted this market as well. Considering these drivers that has positively driven this market, it is the lack of awareness regarding benefits of juice concentrates among consumers that has negatively impacted this market. Furthermore, since most of the diabetic population is susceptible to adverse health issues, there has also been certain amount of mind blockage associated with consumption of sweetened food items that has also negatively impacted this market. It is expected that the demand for juice concentrates will grow as a result of demand for more healthy products especially for the developing countries.
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The global juice concentrate market based on type has been segmented into fruit juice concentrate and vegetable juice concentrate. This market has been segmented further into form that includes clear concentrate, frozen concentrate and powdered concentrate. Based on distribution channel, this market has also been classified into online distribution channel and offline distribution channel. The offline distribution channel then has been segmented into super markets & hyper markets, departmental stores and others. Furthermore, on the basis of applications this market comprises of beverages, soups & sauces, dairy products, bakery products, confectionery products and others. Geographically, regions that are considered within this report comprises of Asia Pacific, North America, Europe, Latin America and Middle East & Africa. This market has been tracked on the basis of revenue where data is provided in USD billion along with the respective CAGR both on global as well as regional basis for the forecast period of 2017-2025.
Some of the leading players in the global Juice Concentrate market are Archer Daniels Midland Co. (U.S.), Ingredion Incorporated (U.S.), Dohler Company (Germany), SkyPeople Fruit Juice Inc. (China), AGRANA Group (Austria), Diana Food (France), Sunopta Inc. (Canda), SVZ International B.V. (Netherlands), Kanegrade Limited (UK) and The Ciatti Company (U.S.) among others.
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