Global Juice Concentrate Market to Reach USD 117.89 Billion by 2025, in Terms of Revenue, Boosted by Steady Growth in Asia Pacific and Middle East and Africa

According to a new market report published by Transparency Market Research, Juice Concentrate Market (By Type – Fruit Juice Concentrates and Vegetable Juice Concentrates, By Form – Clear Concentrate, Frozen Concentrate and Powdered Concentrate, By Distribution Channel – Online and Offline, By Offline Distribution Channel – Super Markets & Hyper Markets, Departmental Stores and Others By Application – Beverages, Soups and Sauces, Dairy Products, Bakery Products, Confectionery Products and Others) – Global Industry Analysis Size Share Growth Trends and Forecast, 2017 – 2025was valued in terms of revenue USD 89.56 Bn in 2016 and is anticipated to reach USD 117.89 Bn by 2025, at a CAGR of 3.4% from 2017 to 2025.

Juice concentrates are prepared through the process of concentration, by lowering the content of water. These juice concentrates have longer shelf life and are cost effective as compared to the conventional juices. Augmented demand for juice concentrates in alcoholic and non-alcoholic drinks, ice cream, baby food and yoghurt, among others is projected to enhance the expansion of juice concentrates market over the forecast period. The global juice concentrates market has been segmented by type, application, and by distribution channel. By type, the market has been segmented into fruit juice concentrates and vegetable juice concentrates. Fruit juice concentrates segment has been further divided into orange, apple, and red grape among others. Vegetable juice concentrates segment has been further bifurcated into carrot, cucumber, and tomato among others. The market has been further segmented by distribution channel into online distribution channel and offline distribution channel. By application, the global juice concentrates market has been segmented into beverages, soups and sauces, bakery and confectionery and others.

Rise in the demand for health consciousness among the consumers is a primary driving factor for the growth of juice concentrates market. Growing trend for convenient and low calorie food is push factor for this market. The influx of new low calorie food and beverage products coupled with low intensity sweeteners is fueling the growth of the global juice concentrates market. Lack of consumer awareness pertaining to the healthy foods is likely to restrain the juice concentrates market over the years to come. Asia-Pacific has huge growth potential for the juice concentrates market owing to the rise in the demand from the developing countries such as India and China, among others.

By geography, the juice concentrates market is segmented into North America, Asia-Pacific, Middle East & Africa, Latin America and Europe.

North America accounted for a nominal market share in 2016 and it is expected to grow at a steady pacer over the forecast period. Growing health consciousness among consumers regarding crucial diseases such as Obesity is expected to propel the demand for juice concentrates market over the forecast period. Increasing demand for healthy and convenient snacks is likely to fuel the demand for juice concentrates in this region. U.S. dominated the juice concentrates market in North America at the end of forecast period.

Europe held the majority of the market share for the juice concentrate market in 2016 and it is expected to retain its dominance over the forecast period. Technological advancements in food processing industry is likely to act as a key driving factor for the growth of juice concentrates market in this region. Consumption of juice concentrates in France, Belgium, Germany and U.K. is a push factor for the growth of juice concentrates market in this region.

Asia Pacific is predicted to be the most attractive market for the juice concentrates market owing to the rising number of hotels and restaurants in this region. Changing life style and inclination towards convenience food and beverage products is triggering the growth rate of the Asia Pacific juice concentrates market. Rapid urbanization coupled with rise in the penetration of food industry is likely to drive the juice concentrates market in Asia-Pacific. China held for a significant market share for the juice concentrates market over the forecast period due growth of technology in agriculture.

Browse the full report at:http://www.transparencymarketresearch.com/juice-concentrates-market.html

Unprecedented rise of sugar substitute products for rising health concerns is likely to drive the juice concentrates market in Middle East & Africa. Expansion of online distribution channel is one of the key factors for the growth of juice concentrates market in this region. This is an emerging region for the juice concentrates market and it is expected to grow at an increasing rate over the years to come.

In Latin America, rapid penetration of food & beverages industry is playing a key role for the growth of juice concentrates market. Swift spread of chronic diseases such as obesity and diabetes is likely to drive the juice concentrates market in this region. Brazil held for the significant market share of the juice concentrates market in 2016 and it is likely to retain its dominance over the forecast period.

Some of the leading players in the global juice concentrate market are AGRANA Group, Archer Daniels Midland Co., Ingredion Incorporated, Dohler Company, SkyPeople Fruit Juice Inc., Diana Food, Sunopta Inc., SVZ International B.V., Kanegrade Limited and The Ciatti Company.

The market has been segmented as follows:

Global Juice Concentrate Market by Type

  • Fruit Juice Concentrates
  • Vegetable Juice Concentrates

Global Juice Concentrate Market by Distribution Channel

  • Online Distribution Channel
  • Offline Distribution Channel
    • Super Markets and Hyper Markets
    • Departmental Stores
    • Others

Global Juice Concentrate Market by Form

  • Clear Concentrate
  • Frozen Concentrate
  • Powdered Concentrate

Global Juice Concentrate Market by Application

  • Beverages
  • Soups and Sauces
  • Dairy Products
  • Bakery Products
  • Confectionery Products
  • Others

Global Juice Concentrate Market by Region

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa
    • United Arab Emirates
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America

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