Press release
Juice Concentrates Market Perceive Robust Expansion by 2025
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.
Juice Concentrates Market: Region Wise Outlook
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.
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Juice Concentrates Market: Key Players
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
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