Global Fruit and Vegetable Juice Market

Fruit and Vegetable Juice Market Size, Share, Growth Analysis, By Packaging Type(Bottles and Cans), By Distribution Channel(Offline retail and Online retail), By Flavor(Flavors such as strawberry, pineapple), By Type of Juice(Orange juice, apple juice), By Processing method(Fresh-pressed, pasteurized), By Category(Carbonated and non-carbonated) - Industry Forecast 2024-2031


Report ID: SQMIG30I2129 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 171 | Figures: 79

Fruit and Vegetable Juice Market Insights

Fruit and Vegetable Juice Market size was valued at USD 131.6 billion in 2021 and is poised to grow from USD 142.4 billion in 2022 to USD 228.9 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

The global market is experiencing rapid growth, fueled by various factors such as changes in consumer preferences, adoption of healthier diets, and the popularity of cold-pressed juices. To maintain a healthy body weight and prevent chronic illnesses, consumers are increasingly turning to healthy food options. According to a report by the American Heart Association and the International Food Information Council (IFIC) Foundation, 95% of US consumers seek healthy food choices at least some of the time. This trend toward healthy eating is likely to drive the demand for juices in the future. A recent article from November 2021 revealed that fresh fruits are the most expensive food item in US households, accounting for 36% of the market.

This highlights the growing importance of health concerns among consumers, and the consequent shift in consumption patterns from aerated soda to healthy juices. Compared to soft drinks and other sugar-sweetened beverages, fruit and vegetable juices offer significant nutritional benefits, making them a preferred choice among health-conscious consumers. As a result, the natural juices segment is expected to have multiple growth opportunities. The development and introduction of novel products into the market is likely to be influenced by the rising number of health-conscious consumers and growing understanding of the advantages of organic vegetables and clean-label products. The shift towards healthier diets and lifestyles is expected to continue, which will likely accelerate the growth of the market globally.

US Fruit and Vegetable Juice Market is poised to grow at a sustainable CAGR for the next forecast year.

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Fruit and Vegetable Juice Market size was valued at USD 131.6 billion in 2021 and is poised to grow from USD 142.4 billion in 2022 to USD 228.9 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

The fruit & vegetable juice market is highly competitive with numerous players competing on factors such as price, product quality, and innovation. The market is characterized by the presence of several established players and small to medium-sized players. To remain competitive, players in the market are adopting strategies Like mergers and acquisitions, partnerships, and product launches. The increasing demand for organic and natural products is leading to a focus on product innovation and new product development. Moreover, players are also investing in marketing and advertising campaigns to increase their brand awareness and expand their market presence. 'PepsiCo Inc. (US)', 'The Coca-Cola Company (US)', 'Nestle S.A. (Switzerland)', 'Ocean Spray Cranberries, Inc. (US)', 'Dr Pepper Snapple Group, Inc. (US)', 'Welch's (US)', 'Huiyuan Juice Group Ltd. (China)', 'Del Monte Pacific Limited (Singapore)', 'Tampico Beverages, Inc. (US)', 'Florida's Natural Growers (US)', 'Minute Maid (US)', 'Dole Food Company, Inc. (US)', 'POM Wonderful LLC (US)', 'Welch Foods Inc. (US)', 'BluePrint (US)', 'Evolution Fresh (US)', 'Innocent Drinks (UK)', 'Lassonde Industries Inc. (Canada)', 'Grupo Peñaflor S.A. (Argentina)', 'Odwalla (US)'

An important factor driving the market is the rising popularity of healthy eating and the growing understanding of the advantages of drinking fruit juices for your health. The importance of eating a balanced diet to prevent chronic diseases and maintain a healthy body weight is growing as consumers become more health-conscious. The demand for healthier beverage options, such as natural fruit juices, which have significant nutritional advantages, is rising as a result.

One of the key market trends is the growing demand for organic and natural products. Consumers are becoming more health-conscious, and there is increasing awareness of the potential health benefits associated with consuming natural fruit juices. Manufacturers are focusing on developing organic and natural products to meet the growing demand and differentiate themselves from their competitors. Another trend is the increasing popularity of cold-pressed juices, which are perceived to be healthier and fresher. Additionally, there is a growing interest in exotic fruit juices, which offer unique and interesting flavors to consumers.

North America dominated the market, driven by the increasing trend towards healthy eating and a growing awareness of the health benefits of consuming fruit juices. The rise in obesity rates and chronic diseases in the region has led to a greater emphasis on healthy living and the importance of maintaining a balanced diet. This has created a growing demand for healthier beverage options like natural fruit juices. The increasing popularity of cold-pressed juices has also boosted the market growth in the region.

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Global Fruit and Vegetable Juice Market

Product ID: SQMIG30I2129

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