Press release
Juice Concentrates Market Set to Surge Significantly by 2026
The global juice concentrates market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America and Western Europe accounts for major share in global juice concentrates market. The increasing adoption of healthy convenience food products among consumers is expected to drive the growth of juice concentrates market in the region. The technological advancements in food processing industry and agriculture industry is expected to contribute to the growth of juice concentrates market in these regions. APEJ juice concentrates market is anticipated to project high CAGR during the forecast period. This is attributed to the high population and rapid growth of food industry in the region. The region also accounts for major share in fruit and vegetable cultivation, which is expected to boost the growth of juices concentrates market in the region.The rising demand for beverage and bakery products among consumers is the major driver for the growth of global juice concentrates market. The increasing adoption of vegetable and fruit juices as an alternative to aerated drinks by health conscious consumers is expected to drive the growth of global juice concentrates market. The rapid growth of natural sweeteners market is expected to boost the growth of global juice concentrates market. The increasing demand for juice concentrates in the beverage industry and as the sugar substitute in bakery products industry is anticipated to propel the growth of global juice concentrates market.
However, the increasing awareness regarding ill-effects of excess consumption of fructose in juice concentrates might hamper the growth of global juice concentrates market.
Some of the key players in the global juice concentrates market are as follows:
• Northwest Naturals, LLC.
• SunOpta, Inc.
• KERR CONCENTRATES INC.
• Archer Daniels Midland Company
• Welch Foods Inc.
• Ingredion Incorporated
• DOHLER GmbH
• Sudzucker AG
• FruitSmart
• AGRANA Investment Corp
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
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