Global Apple Juice Market

Apple Juice Market Size, Share, Growth Analysis, By Nature(Organic, Conventional), By End-Use(Food Industry, Dietary supplements, Household (Retail), Others), By Type(Filtered, Unfiltered), By Form(Powder, Tablets, Capsules, Liquid), By Distribution Channel(Online Store, Convenience Stores, Specialty Stores, Retail Stores), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30I2358 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 146 | Figures: 78

Apple Juice Market Dynamics

Apple Juice Market Driver

Rising Demand for Apple Juice in Food & Beverage Sector

  • The increased demand for apple juice from the food and beverage sector to enhance the flavour of various food products such as drinks, confectionary, and soups is likely to fuel market growth. 
  • Additionally, there is a growing need for nutritional supplements such as pectin, which is used as medication and recommended by doctors. As a result, the rising dietary supplement demand is likely to drive the global apple juice market forward.

Apple Juice Market Restraint

Limited Access to Raw Materials

  • Limited access to raw materials due to apple availability is a major difficulty,  and farmers are experiencing several obstacles in apple farming due to climatic instability and occurrences of natural catastrophes. 
  • Furthermore, apple cultivation requires large amount of water, which is a major source of concern among farmers. As a result, distribution complexity is posing significant hurdles to the cultivation. 
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FAQs

Apple Juice Market size was valued at USD 2.45 billion in 2019 and is poised to grow from USD 2.59 billion in 2023 to USD 4.15 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

Due to the rising population, apple juice producers are partnering with other market participants to improve production capacity. Manufacturers are developing cutting-edge technology to boost apple juice manufacturing capacity. 'PepsiCo Inc.', 'Coca-Cola Co.', 'Nestle SA', 'Dr Pepper Snapple Group Inc.', 'Ocean Spray Cranberries Inc.', 'Welch Foods Inc.', 'Mott's LLP', 'Tree Top Inc.', 'Martinelli & Co.', 'Knudsen & Sons Inc.', 'Simply Orange Juice Company', 'Tropicana Products Inc.', 'Minute Maid Company', 'Lassonde Industries Inc.', 'Gerber Products Company', 'White House Foods', 'Big Tree Farms', 'Pressed Juicery', 'Suja Juice Co.', 'Pepsi-Lipton International'

The increased demand for apple juice from the food and beverage sector to enhance the flavour of various food products such as drinks, confectionary, and soups is likely to fuel market growth. 

Emergence of new brands: At a scale, various brands have emerged to offer new variants of apple juice with exciting flavors. Therefore, emergence of new brands with variations is expected to create more demand for apple juice.

With the presence of a demographic segment that prefers healthy and organic drinks, North America is likely to lead the apple juice market over the forecast period. Furthermore, one of the factors fueling the market is client desire for fresh fruit juice.In Europe, there is a growing awareness of disease-preventive food and beverage products, as well as an increase in the number of healthy beverage options. Manufacturers are likely to play an important role in increasing demand for apple juice.Asia Pacific is expected to be one of the most profitable geographic marketplaces. Asia Pacific is predicted to account for a sizable market share in the apple juice market as a result of rising product recognition and adoption in emerging economies. The expansion is mostly due to increasing public knowledge of the health advantages of eating organic foods.

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Global Apple Juice Market

Product ID: SQMIG30I2358

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