Juice
Concentrates Market – Application Recommendations By Experts 2027
Global juice concentrates market is set to
witness a substantial CAGR in the forecast period of 2019- 2026. The report
contains data of the base year 2018 and historic year 2017. Increasing
disposable income and rising popularity of non- alcoholic drinks are the factor
for the market growth.
Global Juice Concentrates Market By Type (Fruit Juice
Concentrates, Vegetable Juice Concentrates), Application (Beverages, Bakery
Products, Confectionary, Jams & Spreads, Beverages, Dairy, Sauces &
Soups), Ingredients (Single Fruit/Vegetable Concentrates, Multi-Fruit/Vegetable
Concentrates), Form (Clear Concentrates, Powdered Concentrate, Frozen
Concentrate), Geography (North America, Europe, Asia-Pacific, South America,
Middle East and Africa) – Industry Trends and Forecast to 2026
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Market
Definition: Global Juice Concentrates Market
Juice
concentrates are fruit and vegetable juice from which most of the water has
been removed. They are more affordable as compared to the normal juices.
Removing water reduces bacterial growth which increases the shelf life of the
product. To concentrate juice, whole fruit is thoroughly washed, rinsed, and
squashed or mixed to make a pulp. Then the water is evaporated and extracted.
They are very beneficial as they are rich in nutrients, and enhance skin
health.
Market
Drivers:
· Growing demand for convenience food
& beverage products will drive the market growth
· Increasing health consciousness among
population will accelerate the market
· Changing consumer preference in food
habits will also enhance the market growth
· Rising popularity of natural sweeteners
will also contribute as a factor for the market growth
Market
Restraints:
· Rising demand for NFC juices will
restrain the market growth
· Juice concentrates contain fructose
which can cause harmful effects to the body; this factor will also hamper the
market growth
Key Developments in the Market:
·
In April 2019, ITC Limited announced the launch
of their three new variants of B Natural juice. These new variants consist of
Himalayan Mixed Fruit, Dakshin Pink Guava, and Ratnagiri Alphonso. This launch will
help them to increase their share in the juices and fruit beverages segment and
will strengthen their position
·
In April 2017, ITC Limited announced the launch
of their B Natural range of fruit beverages B Natural 100% Pomegranate Juice.
This new juice is produced directly from the pulp and contains no added sugar
and preservatives. This launch will help the company to provide customer with
healthy and nutritious products
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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, other data models include vendor positioning grid, market time line
analysis, market overview and guide, company positioning grid, company market
share analysis, standards of measurement, top to bottom analysis and vendor
share analysis. To know more about the research methodology, drop in an inquiry
to speak to our industry experts.
Global juice concentrates market is highly fragmented and
the major players have used various strategies such as new product launches,
expansions, agreements, joint ventures, partnerships, acquisitions, and others
to increase their footprints in this market. The report includes market shares
of juice concentrates market for Global, Europe, North America, Asia-Pacific,
South America and Middle East & Africa.
Key Insights in the report:
·
Competitive analysis of key competitors involved
in the market
·
Complete analysis of market segmentation and
which segments are set to flourish in the forecast period of 2019 to 2026
·
Market drivers and restraints analysis along
with the analysis of the market structure
Few of the major competitors currently working in the global
juice concentrates market are Archer Daniels Midland Company; Ingredion
Incorporated; AGRANA Beteiligungs-AG; SunOpta; Diana Group; Döhler; SVZ
Industrial Fruit & Vegetable Ingredients; Kanegrade Ltd.; Northwest
Naturals.; Welch’s; Shimlahills.; LemonConcentrate S.L.; NAM VIET F&B; Iprona
AG; Sunmet Juice Company; California Concentrate; W. KÜNDIG & CIE AG; Jns
Commodities & Specialities Private Limited.; NationalRaisin Company;
Himalayan Food Park.; among others.
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