Apple Concentrate - Liquid Concentrate Segment Anticipated to Register the Highest CAGR
Though the apple concentrate market in the U.S is expected to drop in value during the assessment period 2016 – 2026, the North America region is expected to remain dominant in terms of revenue contribution. According to a new analysis by Persistence Market Research, North America consumes almost all the locally produced apple concentrate and exports few thousand tons because of trade relations. The apple concentrate production in the region is estimated to be more than 140 thousand tons by 2016 end. In 2016, the market in the region was valued more than US$ 500 Mn and is expected to expand at a CAGR of 3.4% during 2016-2016 to reach a valuation of more than US$ 800 Mn by the end of 2026.
Growth in the production of apple concentrate in North America is expected to be primarily driven by various application segments, where apple concentrate is largely consumed in the juice and cider industry. According to the report by Persistence Market Research, the North America apple concentrate market is flat but new innovation breaking into the market can shift the growth trend upwards.
Get an exclusive sample of this report @
Limited availability of raw material expected to hamper the growth of the apple concentrate market in North America
Availability of apples is the biggest challenge these days in North America. Farmers are facing challenges in apple production because of changing climate and natural disasters. Production of apple depends on water availability and favorable climatic conditions. Limited availability of apples is creating hurdles in expansion of business in North America. In North America region, apple is consumed in both raw and processed form. However, most of the population prefers to consume apple in raw form, which limits the supply of apples for processing industries. Another factor creating negative impact on the global apple concentrate market is a change in the currency values. It has became a major concern that is shifting the export and import patterns of major concentrate producers throughout the globe.
The report indicates that the currency appreciation of Latin American countries in 2016 reduced the export of apple concentrates to other countries, especially the countries in North America region. Being the leading region in the consumption of apple concentrate, North America will certainly suffer due to continuous fluctuation in the currency. This particular factor is anticipated to restrain market growth.
Obtain Report Details @
Juice Concentrate segment is expected to dominate the North America apple concentrate market during the forecast period
Among the three liquid concentrate sub-segments, the largest is juice concentrate, which is estimated to represent more than 90% of the market in 2016, and is expected to remain the same through 2026. Although juice concentrate is not the fastest growing segment, it is estimated to grow more than US$ 20 Mn annually over the course of the forecast period in North America and this absolute growth is larger than the other liquid concentrate segments, although it registers a lower CAGR in the North America region. Apart from juice concentrate, the new application of powder concentrate will flourish the solid concentrate market growth during the projected period in the North America region.
Tree Top is bringing out new product varieties to cater to the U.S. market
Major players are consistently launching new innovative products in the market and also strengthening their market share by pitching their existing line of products due to increase in demand. For instance, Tree Top is bringing out new product varieties to cater to the U.S. market, including low-calorie and reduced-sugar selections, flavored applesauce, blended juices, bagged fresh apple slices, and fruit snacks. Welch Foods is focusing on launching a new juice powder variety that can replace liquid concentrates. This company is also looking for expansion of its soda range in the next year aiming at a higher demand for the product, which has exponentially increased since its launch. Tree Top focuses on apple concentrate and cider sale in the U.S. owing to decent market share of the company in the U.S. apple concentrate market.
Persistence Market Research (PMR) is a third-platform research firm. Ourresearch model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance
U.S. Sales Office
305 Broadway,7th Floor
New York City, NY 10007
Tollfree: +1 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Apple Concentrate - Liquid Concentrate Segment Anticipated to Register the Highest CAGR here
News-ID: 760524 • Views: 238
More Releases from PMR
Online Apparel Market Gain Impetus due to the Growing Demand over 2016 - 2026
The ecommerce sector have observed extraordinary growth over the past few years. The growth was primarily driven by prompt adoption of technology led by inclining use of devices such as tablets and smartphones as well as access to internet through 3G and broadband which ultimately resulted in inclination in the online consumer base. The growth showcased by some of the players such as snapdeal and flipkart exhibited immense potential of
Passenger Car Accessories Market Likely to Emerge over a Period of 2016 - 2026
The global passenger car accessories market enables unlock the potential for the companies which are striving in car accessories market. Continuous up gradation of models along with advanced features in car accessories enables fascinated most of people towards car accessories. The advanced car accessories offers a trendy look to car as well as comfort. The interior accessories such as MP3 players, LED screens, speakers and stereo devices offers entertainment while
Motorcycle Accessories Market Prophesied to Grow at a Faster Pace by 2016 - 2026
Improved economic outlook across the globe resulted into substantial increase in purchasing power of consumers over the past few years. Consequently, several industry verticals reported an increase in overall demand for respective products, and automotive industry is no different. However, different trends in sales reported across sub-segments within the automotive sector, but motorcycle sales has always remained impressive, particularly in high potential markets. Growth in global motorcycle market ascertained the
Natural Food Beverage Foaming Agent Market Detailed Analytical Overview by 2016 …
Introduction A foaming agent is a surfactant, which when present in small amounts, facilitates the formation of a foam, or enhances its stability by inhibiting the coalescence of bubbles. Natural Food & Beverage foaming agent are food additives which are used maintain the uniform dispersion of gases in aerated foods. Foam is produced with the help of trapping the gas bubbles and it is offered either in form of solid or
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on