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Global Packaged Fruit Juice Market– Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Packaged Fruit Juice Market, By Type (100% Fruit Juice, Nectars, Juice Drinks, Concentrates, Powdered Juice, Others), Flavours (Orange, Apple, Mango, Mixed Fruit, Others), Distribution Channel (Supermarkets, Hypermarkets) – Industry Trends and Forecast to 2029.

Packaged Fruit Juice Market

Packaged Fruit Juice Market Analysis and Size

Carbonated drinks and energy drinks are replaced by packaged fruit juice. Consumers are health-conscious, and they prefer fruit juice over any other type of drink on the market. Fruit juice has become a part of many people's daily diets as their lifestyles have changed. Juice manufacturers are focusing on adding extra vitamins and minerals in response to changing consumer taste, preference, and demand.

Data Bridge Market Research analyses that the packaged fruit juice market was valued at USD 120.9 billion in 2021 and is expected to reach the value of USD 165.46 billion by 2029, at a CAGR of 4.00% during the forecast period of 2022-2029.

Market Definition

Fruit juice is a non-fermented beverage made by mechanically squeezing or macerating fruits. The health benefits of various types of fruit juice vary. This, combined with the refreshing taste and longer shelf-life of fruit juice, makes it one of the most popular beverages worldwide.

Packaged Fruit Juice Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (100% Fruit Juice, Nectars, Juice Drinks, Concentrates, Powdered Juice, Others), Flavors (Orange, Apple, Mango, Mixed Fruit, Others), Distribution Channel (Supermarkets, Hypermarkets)

Countries Covered

U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America

Market Players Covered

SUJA LIFE (US), PepsiCo (US), CEDAR Juice (Canada), Evolution Fresh (US), Liquiteria Inc. (US), Bolthouse Farms (US), Hain Celestial (US), Greenhouse Juice Co (Canada), Juice Press (US), Preshafood (Australia), Juice Warrior (US), Juice Generation (US),  Rakyan Beverages (India) and Starbucks Coffee Company (US)

Opportunities

  • Rising research and development expenditures, particularly in developed and developing economies
  • The low and minimal investment required has resulted in an increase in the number of vendors on the roads on a daily basis

Packaged Fruit Juice Market Dynamics

Drivers

  • The changing lifestyle and eating habits of the consumer

Consumers' changing lifestyles and eating habits have resulted in an increased intake of affordable, healthy, and quick sources of nutrition such as packaged fruit juices, catalysing market growth. To broaden the consumer base, manufacturers are introducing a variety of flavours as well as preservative-free and sugar-free fruit juices. Furthermore, growth in the food and beverage industry is increasing global demand for fruit juices.

  • The growing packaging and product innovations to attract consumers

The convenience packaging for all consumers is the key factor in attracting consumers to purchase fruit juice and vegetable juice. Companies are concentrating on product innovation in order to influence consumers through various marketing strategies such as advertisements and effective distribution, among others. Customers prefer natural fruit juice concentrates or juices that are 100 percent fruit (concentrated juice).

Opportunity

Rising research and development expenditures, particularly in developed and developing economies, will create even more lucrative market growth opportunities. The research and development capabilities being used to study the effects of juices on the immune system are also boosting market growth rates. The low and minimal investment required has resulted in an increase in the number of vendors on the roads on a daily basis. This is yet another important determinant of market growth.

Restraints

The fibre content of packaged juices is very low, while the fructose content is very high, which can lead to an increase in the body's insulin levels. Fitness enthusiasts and health-conscious people, on the other hand, prefer freshly squeezed juices to packed juices because they do not want to overload their bodies with sugar while leading a healthy lifestyle. This factor is increasing demand for freshly packaged juices while slowing the growth of the packaged fruit juice market.

This packaged fruit juice market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the packaged fruit juice market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Packaged Fruit Juice Market

People's awareness of the COVID-19 outbreak has grown, as has the demand for immunity boosters in the form of ready-to-drink juices. With increased awareness, the protein, vitamin, and other essential ingredients in fruit juices are expected to grow significantly in the coming years. As a result, the impact of the pandemic has been neutral for the packed fruit juice industry worldwide, and a stable growth can be expected in the coming years, with many opportunities for new product development for manufacturers.

Recent Development

  • In February 2019, Amul, one of India's leading dairy market players, announced its entry into the packaged juice market with the launch of its new brand, "Tru." Amul intends to launch a line of juices in the flavours of litchi, mango, apple, and orange. These items are sold in PET bottles with a capacity of 200 ml. The company intends to compete with major Indian brands such as Real Fruit Juice, B Natural, and Tropicana with the launch of this product.
  • Nutricane Beverages, the owner of the brand OMG! and an innovator in the beverage sector in India, announced the launch of new products under its OMG! Product line in June 2019. OMG! Mango Sugarcane Juice and OMG! Guava Sugarcane Juice were the first products to be released. These newly launched products were created by combining fruit juices and sugarcane juices to provide a more premium taste to consumers looking for new and unique products. The company used a proprietary technology called Fresh Fusion, which is patent pending, to extend the shelf life of sugarcane juice.

Global Packaged Fruit Juice Market Scope

The packaged fruit juice market is segmented on the basis of type, flavours and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • 100% Fruit Juice
  • Nectars
  • Juice Drinks
  • Concentrates
  • Powdered Juice
  • Others

Flavours

  • Orange
  • Apple
  • Mango
  • Mixed Fruit
  • Others

Distribution channel

  • Supermarkets
  • Hypermarkets

Packaged Fruit Juice Market Regional Analysis/Insights

The packaged fruit juice market is analysed and market size insights and trends are provided by country, of type, flavours and distribution channel as referenced above.

The countries covered in the packaged fruit juice market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.

North American region is expected to hold a significant market share over the forecast period because consumers are becoming more health conscious and self-aware, they are switching to juices rather than aerated drinks. The Asia Pacific region has significant growth prospects. This is due to the fact that various globally popular market players, such as Tropicana, are launching a new variety of products. Furthermore, brands such as RAW pressery are attempting to popularise cold-pressed juices in countries such as India in order to cater to the population seeking no sugar and healthy juices.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Packaged Fruit Juice Market Share Analysis

The packaged fruit juice market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to packaged fruit juice market.

Some of the major players operating in the packaged fruit juice market are:

  • SUJA LIFE (US)
  • PepsiCo (US)
  • CEDAR Juice (Canada)
  • Evolution Fresh (US)
  • Liquiteria Inc. (US)
  • Bolthouse Farms (US)
  • Hain Celestial (US)
  • Greenhouse Juice Co (Canada)
  • Juice Press (US)
  • Preshafood (Australia)
  • Juice Warrior (US)
  • Juice Generation (US)
  • Rakyan Beverages (India)
  • Starbucks Coffee Company (US)  

Research Methodology: Global Packaged Fruit Juice Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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Frequently Asked Questions

The Packaged Fruit Juice Market value is expected USD 165.46 billion by 2029.
The Packaged Fruit Juice Market is expected to grow at a rate of market is 4.00% during the forecast period of 2022 to 2029.
The major players operating in the Packaged Fruit Juice Market are SUJA LIFE (US), PepsiCo (US), CEDAR Juice (Canada), Evolution Fresh (US), Liquiteria Inc. (US), Bolthouse Farms (US), Hain Celestial (US), Greenhouse Juice Co (Canada), Juice Press (US), Preshafood (Australia), Juice Warrior (US), Juice Generation (US), Rakyan Beverages (India) and Starbucks Coffee Company (US).
The major countries covered in the Packaged Fruit Juice Market are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.