Packaged Juice Market is expected to grow with a CAGR 3.6% from 2022 to 2028
As stated in our extensive report; by providing insights on Segments (Source, Pressing Method, Content, Product Type, Packaging Method, Distribution Channel and Region), Key Driving Factors and Key Restraints; the Global Packaged Juice Market accounted for USD 16.2 Billion in the year 2021.
Fruit juice refers to a non-fermented beverage this is acquired with the aid of using robotically squeezing or macerating fruits. This, coupled with the clean flavor and longer shelf lifestyle of fruit juice, makes it one of the maxima extensively eaten-up liquids throughout the globe. They are to be had to clients in numerous flavors.
The worldwide fashion for converting existence and changing the ingesting styles of the clients has ended in an improved consumption of affordable, healthy, and short assets of vitamins like packaged fruit juices, thereby catalyzing the boom of the market. To enlarge the patron base, producers are introducing a big selection of flavors and generating preservative-loose and sugar-loose fruit juices. In addition to this, the boom in the meals and beverage enterprise is boosting the general call for fruit juices worldwide.
Due to the unfolding of the coronavirus disease (COVID-19), there may be an upward thrust inside the intake of immunity-boosting merchandise, which includes fruit liquids. However, disturbances in delivery chains are hampering the market boom.
“Key Factors Likely to Drive Growth of Packaged Juice Market”
The major key drivers are that several producers are supplying preservative- and sugar-loose and revolutionary product variants, which can be appearing in a great fashion within the market. The intake of gentle liquids, which includes colas and flavored sodas, is decreasing globally as they have got excessive sugar content, synthetic coloring, phosphoric acid, synthetic sweeteners, and caffeine that could purpose terrible consequences for human body. Owing to this, many clients are moving from carbonated liquids to herbal fruit juices.
Changing existence and changing consumption styles of the consumers have ended in an improved consumption of affordable, healthy, and short assets of vitamins like packaged fruit juices, thereby catalyzing the boom of the market.
To enlarge the patron base, producers are introducing a big selection of flavors and generating preservative-loose and sugar-loose fruit juices. In addition to this, the boom with inside the meals and beverage enterprise is boosting the general call for fruit juices worldwide.
Earlier, numerous gamers have been hesitant to promote their merchandise in rising nations because of the shortage of infrastructure and garage facilities. Nonetheless, with an upward thrust with inside the quantity of prepared retail outlets, numerous gamers at the moment are inclined to put money into those markets which can be anticipated to strengthen the boom of the fruit juice enterprise.
North America held the largest share Packaged Juice in the market and is expected to continue this trend in the forecast period. The market has been segmented into Europe, North America, Asia Pacific, Latin America, the Middle East, and Africa.
Some of the key players in the Global Packaged Juice Market include Tropicana Products Inc., Dabur India Limited, Sunkist Growers Inc, ITC B Natural, The Coca-Cola Company, Izze, Snapple Beverage Corp, Rakyan Beverages, Dole Packaged Foods LLC, Hector Beverages Private Limited and others.
Browse the full Report - Packaged Juice Market Size, Share & Trends Analysis Report by Source (Fruit Juice, Vegetable Juice), by Pressing Method (Hydraulic Press (Cold Pressed Juice), Centrifugal (Normal Juice)), by Content (Sugar, Sugar-free, With Pulp, Without Pulp), by Product Type (Normal, Sparkling), by Packaging Method (Glass Bottle, Cans, Tetra Pak), by Distribution Channel (Online, Offline, Hypermarkets, Convenience Stores), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)