Fruits and Vegetable Juices Market: Global Industry Analysis and Forecast (2023-2029) by Product, Distribution Channel, and Region

Fruits and Vegetable Juices Market size was valued at US$ 114.83 Bn. in 2022. Fruit Juices, one of the segments reviewed in MMR report dominated the Global Fruit and Vegetable Juices market.
Fruits and Vegetable Juices Market Overview:
Juice is a drink made by squeezing or extracting the natural liquids found in fruits and vegetables. Fruits and vegetables are considered health foods made from natural resources that can boost the immune system. Properly extracted juices are very similar to fruits and vegetables in that they contain most of the substances found in the original ripe fruits and ripe vegetables from which the juice is made. To know about the Research Methodology :- Request Free Sample Report

2022 is considered as a base year to forecast the market from 2023 to 2027. 2022's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.
Fruits and Vegetable Juices Market Dynamics:
Fruit and vegetable juices are an alternative to carbonated and energy drinks. Consumers are health conscious and prefer fruit juice to all other beverages on the market. Due to changes in consumer lifestyles, fruit juice has become a part of our daily diet. Juice makers focus on adding vitamins and minerals to their tastes. These are major factors driving the fruit and vegetable juices market.

Convenient packaging is an important factor for all consumers to get them to buy fruit and vegetable juices. Companies focus on product innovation that impacts consumers through a variety of marketing strategies such as advertising and effective sales.

Beverages are not nutritious, in contrast to the fruit and vegetable juices available on the market. High sugar, fructose corn syrup, phosphoric acid, artificial sweeteners, and caffeine are the main components of beverages that lead to various diseases. These factors are driving the demand for fruit and vegetable juices.

Fruit juice is supplemented with vitamins to improve its nutritional profile. Vitamin D, Vitamin E, Vitamin A, and Vitamin C are just a few of the vitamins commonly found in fruit juices to support market development. This is a major market driver for fruit and vegetable juices.

Vegetable juice is driven by the fact that they contain less amount of sugar compared with some fruit juices and does not raise insulin levels to the same level as some fruit juices do. Strict rules and regulations for adding chemical preservatives to fruit and vegetable juices worldwide are a growing market for fruit and vegetable juices.

Market trends and challenges are analyzed and compiled in the report. The data of 2022 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2018 to 2022 with market forecast until 2029.
Fruits and Vegetable Juices Market Segment Analysis:
By Product, the Fruit segment dominated the market with a 51 % share in 2022. Fruit juices come in many variations, from citrus to tropical fruits. They provide dietary supplements and are preferred by the majority of the population. Fruit juice is often used as part of a daily breakfast routine because it provides daily amounts of minerals and vitamins in a single intake. Consumers around the world are following the trend towards healthier lifestyles, the demand for fruit juices increased significantly and manufacturers began to develop new varieties. These factors are driving the demand of the segment in the market.The fruit and Vegetable blend is expected to grow at a CAGR of 7.2 % through the forecast period. It is a new variety in the juice industry and is becoming more and more important due to growing health consciousness. These are usually blends that are a mixture of fruit and vegetable juices that provide nutritional value from both. They are becoming more and more popular because they allow you to easily incorporate additional minerals and vitamins into your diet. These factors are expected to drive the segment growth in the market through the forecast period.

By Distribution Channel, the Offline segment dominated the market with a 95 % share in 2022. Consumers prefer fresh juice as they consume daily and juices are more effective when they are fresh. Consumers prefer to buy juices daily from their nearby stores as fresh stock arrives every morning. These are the factors are driving the market growth through the forecast period.

The offline segment is expected to grow at a CAGR of 3 % through the forecast period. E-commerce has a wide range of products of all brands and flavors readily available at reasonable discounts on the sales channel. Increasing smartphone and internet users are the industry's most important growth drivers. These companies offer cashback and courier services to help the market grow. Customers often buy beverages such as carbonated juices and vegetable mixes from online websites to save time for an increasingly busy lifestyle. These factors are expected to drive the market growth through the forecast period.
Fruits and Vegetable Juices Market Regional Insights:
North America dominated the market with a 34 % share in 2022. High juice consumption and increasing demand for healthier alternatives such as cold-pressed juices and fruit and vegetable mixes. The presence of conscious consumers and the adoption of healthy eating habits are important factors in the growth of the fruit and vegetable juice market in the region.

The Asia Pacific and Middle East & Africa are expected to grow at a CAGR of 5 % and 6 % through the forecast period. Population growth and increased consumer awareness in countries such as India and China are expected to drive market growth in the Asia-Pacific region. Preference for smaller individual PET bottles, which are offered at lower prices than larger bottles. Demand for mango, apple, pineapple, and orange juice is found primarily in these countries and is driving the market growth.

In the Middle East and Africa, the level of education plays an important role in determining the health of consumers in the region. The region is shifting to healthier fruit and vegetable juices rather than carbonated energy drinks. One of the reasons this market is growing in South Africa is a government awareness campaign aimed at helping consumers focus on a healthier diet. These are the factors expected to drive the market growth through the forecast period.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Fruits and Vegetable Juices market dynamics, structure by analyzing the market segments and projecting the Fruits and Vegetable Juices market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Fruits and Vegetable Juices market make the report investor’s guide.
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Fruits and Vegetable Juices Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 114.83 Bn.


Forecast Period 2023 to 2029 CAGR:
6 %
Market Size in 2029:
US $ 172.66 Bn.


 Segments Covered:
by Product
Fruits
Vegetable
Fruits and Vegetable Blend


by Distribution Channel
Online
Offline



Fruits and Vegetable Juices Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Fruits and Vegetable Juices Market Key Players
1. The Kraft Heinz Company
2. PepsiCo Inc.
3. The Coca-Cola Company
4. Keurig Dr. Pepper, Inc.
5. Del Monte Fresh.
6. CSC BRANDS, L.P.
7. Ocean Spray
8. Citrus World, Inc.
9. ECKES GRANINI GROUP
10.Welch's
11.Birdseye Dairy
12.Dohler Group
13.Florida’s Natural Growers
14.Harvest Hill
15.Kanegrade
16.Lassonde Ind.
17.Loblaw Companies
18.Odwalla Inc.
19.Tampico Beverages
20.The Minute Maid

FAQ:

1] What segments are covered in the Fruits and Vegetable Juices Market report?
Ans. The segments covered in the Fruits and Vegetable Juices Market report are based on the Product and Distribution Channel.

2] Which region is expected to hold the highest share in the Fruits and Vegetable Juices Market?
Ans. Asia Pacific Region is expected to hold the highest share in the Fruits and Vegetable Juices Market.

3] What is the market size of the Fruits and Vegetable Juices Market by 2029?
Ans. The market size of the Fruits and Vegetable Juices Market by 2029 is US $ 172.66 Bn.

4] Who are the top key players in the Fruits and Vegetable Juices Market?
Ans. The Kraft Heinz Company, PepsiCo Inc., The Coca-Cola Company, Keurig Dr. Pepper, Inc., Del Monte Fresh., CSC BRANDS, L.P., Ocean Spray, Citrus World, Inc., ECKES GRANINI GROUP, Welch's, Birdseye Dairy, Dohler Group, Florida's Natural Growers, Harvest Hill, Kanegrade, Lassonde Ind., Loblaw Companies, Odwalla Inc., Tampico Beverages, The Minute Maid.

5] What was the market size of the Fruits and Vegetable Juices Market in 2022?
Ans. The market size of the Fruits and Vegetable Juices Market in 2022 was US $ 114.83 Bn.