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Fruit and Vegetable Juice Market

Fruit and Vegetable Juice Market Size, Share and Segmentation by Product Type (Fruit Juice, Vegetable Juice, and Nectar), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Stores, and Other Distribution Channels), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1701 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Fruit and Vegetable Juice Market Size was valued at USD 127.62 billion in 2021 and is expected to reach USD 203.59 billion by 2028, and grow at a CAGR of 6.9% over the forecast period 2022-2028.

The Fruit and Vegetable Juice market hold a significant piece of the Global drink industry. The Fruit and vegetable juice market is requesting a section of the refreshment industry because of the rising mindfulness and inclination of customers for solid items. The market is supposed to fill in the emerging nations. The products of the soil juice market are fragmented by sort of the significant natural product/vegetable fixing utilized, a grouping of the juices, classification served by the juice, and geology. The market relies upon the geological dissemination and accessibility of the organic product/vegetable and the wellbeing contemplations.

Fruit and Vegetable Juice Market Revenue Graph

The Global Fruit and Vegetable juice industry is the most cutthroat section of the drink industry. The market is driven by the shopper’s interest in solid items. The interest is likewise determined by the pervasive customer pattern and the tendency for a juice. Item advancement and mixes are presented in the market according to the buyer’s interest. The significant danger or limit in the market is assorted squeezes and flavor inclinations among the buyers. Understanding the buyer’s necessity and amazing open doors in the market against the difficulties is a significant technique to support on the lookout.

Organic product juice and vegetable juice are the swaps for carbonated beverages and caffeinated drinks. Shoppers are well-being cognizant and lean toward natural product juice more than some other kind of drink accessible on market. Purchasers changing way of life has made natural product juice as the piece of their day-to-day diet. Juice-making organizations are zeroing in on adding additional nutrients and minerals as per purchasers changing tastes and inclinations and requests.

Market Dynamics:

Driving Factors:

  • The rising interest for sound refreshments from an inexorably wellbeing cognizant buyer base.

  • The developing notoriety of cold-squeezed juices.

Restraining Factors:

  • Various squeeze and flavor inclinations among the purchasers.

Opportunities:

  • Regard for one's well-being and wellness has turned into an imperative viewpoint.

  • There has been a dormant change in the utilization of solid juices from circulated air through pop.

Challenges:

  • High sugar content in bundled juices, combined with the expansion in medical issues like diabetes and weight.

Impact of Covid-19:

During the continuous COVID-19 pandemic, products of the soil juices utilization have expanded around the world by its medical advantages. This was a result of the way that buyers became mindful of their well-being. There was an adjustment in purchasing conduct of the customers. Because of the terminations of specific retail locations, the online business sites were significantly liked by the customers, as the shoppers were amassing the juice of the leafy food for in-home utilization. The Coca-Cola Company, which is a central part of this section, reported that during the pandemic, the organic product drink Maaza had a larger number of deals than the carbonated beverages. As indicated by the organization, this fast change was because of the customers changing inclinations toward the beverages.

Market Estimations:

Product type:

Based on items, the worldwide market has been additionally isolated into organic product juices, organic product and vegetable mixes, and vegetable juices. The portion is supposed to keep up with its strength in any event, during the conjecture time frame. Natural product juices are accessible in a wide assortment going from citrus organic products to tropical natural products. The rising inclination for high nutrient and mineral substance refreshments is supposed to fuel the portion development over the figure period. These are normally mixes that comprise a combination of vegetable and natural product juices giving wholesome characteristics to both.

Distribution Channel:

The stores/hypermarkets fragment drove the market and represented the biggest income share. Grocery stores assist brands with remaining customer-centered by offering items that shoppers need. The accessibility of a wide scope of items with different rebate offers makes them one of the most favored conveyance channels by shoppers. The web-based dispersion channel fragment is expected to enroll the quickest CAGR. Amazon saw an emotional expansion popular on various fronts, including staple things, all through 2020.

Key Market Segmentation:

By Product Type: 

  • Fruit Juice

  • Vegetable Juice

  • Fruits and Vegetable Blends

  • Nectar

By Distribution Channel: 

  • Supermarkets and Hypermarkets,

  • Convenience Stores

  • Specialty Stores

  • E-Commerce

  • Others

Fruit and Vegetable Juice Market Segment Chart

Regional Analysis:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of the Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

North America represented the biggest offer. The district has been seeing high item interest. Expanding utilization of juices as a staple breakfast item is supposed to support the market in the locale throughout the next few years. Significant market players in the U.S. are presenting new items focused on the well-being and cognizant customers. The natural product juices fragment is one of the famous sections in Asian nations; hence, makers are quick to catch this market by sending off new items in this classification. The new items are particularly designated for customers looking for better options in contrast to carbonated refreshments.

Key Players:

The Coca-Cola Company, PepsiCo Inc., Fresh Del Monte Produce Inc., Dr. Pepper Snapple Group, Hershey, Grimmway Farms, Welch Food Inc., Ocean Spray, Golden Circle, Dole Packaged Foods, LLC.

Fruit and Vegetable Juice Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 127.62 Billion
Market Size by 2028 US$ 203.59 Billion
CAGR CAGR 6.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Product Type (Fruit Juice, Vegetable Juice, and Nectar)
• by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Stores, and Other Distribution Channels)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles The Coca-Cola Company, PepsiCo Inc., Fresh Del Monte Produce Inc., Dr. Pepper Snapple Group, Hershey, Grimmway Farms, Welch Food Inc., Ocean Spray, Golden Circle, Dole Packaged Foods, LLC.
Key Drivers •The rising interest for sound refreshments from an inexorably wellbeing cognizant buyer base.
•The developing notoriety of cold-squeezed juices.
Market Opportunities •Regard for one's well-being and wellness has turned into an imperative viewpoint.
•There has been a dormant change in the utilization of solid juices from circulated air through pop.


Frequently Asked Questions (FAQ) :


Table of Contents:

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 Covid 19 Impact Analysis

4.2 Impact of the Ukraine and Russia war

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7.  PEST analysis

 

8. Global Fruit and Vegetable Juice market segmentation, by Product Type

8.1 Fruit Juice

8.2 Vegetable Juice

8.3 Fruits and Vegetable Blends

8.4 Nectar

 

9. Global Fruit and Vegetable Juice market segmentation, by Distribution channel

9.1 Supermarkets and Hypermarkets,

9.2 Convenience Stores

9.3 Specialty Stores

9.4 E-Commerce

9.5 Others.

 

10. Global Fruit And Vegetable Juice market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company profiles

11.1 The Coca-Cola Company

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 PepsiCo Inc.

11.3 Fresh Del Monte Produce Inc.

11.4 Dr. Pepper Snapple Group

11.5 Hershey

11.6 Grimmway Farms

11.7 Welch Food Inc.

11.8 Ocean Spray

11.9 Golden Circle

11.11 Dole Packaged Foods, LLC.

 

12. Competitive Landscape

12.1 Competitive Bench Marking

12.2 Market Share Analysis

12.3 Recent Developments

 

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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