Press release
Global Cold Pressed Juice Market || uja Life, LLC, PepsiCo, Inc., The Cold Press Corp., Hain BluePrint, Inc., Liquiteria, Inc., Bolthouse Farms Canada, Inc., Hain Celestial Group.
Cold-pressed juice refers to juice that are extracted from fruits and vegetables by the help of a hydraulic press, and not by methods such as centrifugal or single auger. Without pasteurization or high-pressure processing (HPP), cold-pressed juices can be stored in a refrigerator for up to 3-5 days, depending on the acidity of the juice and other factors as well. This type of juice is being commercially produced for decades, but has gained public popularity since 2013. In general, these juices are more expensive than other types of juices, as they are made from 100% fruit and vegetables without any added ingredients.There are some of the key factors like growing consumer base spending on lifestyle products, heightened sense of health awareness, maximum, rising disposable income of people, and an expanding population base. The factors are contributing toward the growth of the global cold pressed juice market globally. However, high sugar and preservative content in packaged juice products are other factors expected to hamper demand and restrain growth of the global cold pressed juice market over the forecast period. The dominance of a belief that organic fruit juices prevent the occurrence of cancer, eliminate toxins, and minimize the intake of artificial food components will further increase the global cold pressed juice market expansion.
The global cold pressed juice market has been segmented to on the basis of nature, type, distribution channel and region. Based on nature, the target market can be organic or conventional. Based on type segment, the global cold pressed juice market consists of vegetable, fruits, and blends. Among these, blends segment is projected to dominate the market over the forecast period. On the basis of distribution channel, target market is segmented into non-store based and store based. Non-store based segment dominates the global market and expected to witness significant growth over the forecast period.
On the basis of region, the global cold pressed juice market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market in North America is currently accounting highest share in the global market in terms of revenue, due to changing lifestyle and high consumption of juices in countries in the region. The market in Europe accounts for second-highest revenue share in the global market, due to increasing awareness about benefits of fresh fruit juices, followed by Asia Pacific, Latin America, and Middle East & Africa respectively.
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The market in Asia Pacific is projected to witness fastest growth in terms of revenue over the forecast period. Rising disposable income, coupled with increasing population are some of the factors expected to bolster demand for cold pressed juices and drive growth of the Asia Pacific cold pressed juice market. Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period.
Key players contributing to the global cold pressed juice are Suja Life, LLC, PepsiCo, Inc., The Cold Press Corp., Hain BluePrint, Inc., Liquiteria, Inc., Bolthouse Farms Canada, Inc., Hain Celestial Group, Greenhouse Juice Co., Raw Pressery Pvt. Ltd.
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