Organic Juices Market Estimated To Experience A

Organic Juices Market Estimated To Experience A Hike In CAGR Growth

Market Analysis

The global organic juices market was valued at USD 53.6
billion in 2018 and is likely to grow at a 4.6% CAGR between 2019- 2024, as per
the recent report by Market Research Future (MRFR). Juice extracted from
vegetables or fruits that are organically grown without pesticides, or chemical
fertilizers is known as organic juice. Vegetables, fruits, and blends are the
different types of organic juices. They are available in bottles, cartons, and
tetra packages. 

Various factors are adding to the organic
juices market growth. According to the new MRFR report, such factors
include the growing trend for organic food products, high nutrient content
present in vegetable and fruit juices, and burgeoning demand for healthy food
and beverages. Besides, the availability of blended juice products and various
product innovations are also adding to the growth of the organic juices
market. 

On the contrary, the accessibility of substitutes such as
soft drinks and fresh juices, may impede the organic juices market growth over
the forecast period. 

COVID-19 Analysis/COVID-19 Impact on Organic Juices Market 

Following the novel coronavirus pandemic, consumers have
become more health-conscious and are focussing more on how the food has been
sourced, manufactured, and delivered. This has led to the growing demand for
food and beverages that are organically sourced. They are also paying close
attention both on the nutrition and diet to augment their immunity. This has
boosted the demand for organic juices that are rich in vitamin C, which helps
to improve the immunity naturally. But issues like unavailability of labor,
shortage of raw materials, and issues such as logistics and supply chain are
likely to hinder the organic juices market growth. Besides, due to stockpiling
retailers are running out of stock. Market players will take some time to fill
the demand-supply gap that can become a game-changer for new & local brands
of organic juices in the global market. 

Key Players

Industry players profiled in the global organic juices
market report include 24 MANTRA ORGANIC (US), 1915 Organic (Canada), Santa Cruz
Organic (US), Uncle Matt's Organic (US), R.W. Knudsen Family (US), Lakewood
Juice Company (US), Evolution Fresh (US), James White Drinks (UK), Purity
Organic (US), Coca-Cola (US), Organic Valley (US), Hain Celestial Group (US),
Parkers Organic Juices PTY LTD (Australia), Suja Life, LLC (US), and Danone
(France). 

Market Segmentation

The MRFR report provides an inclusive segmental analysis of
the global organic juices market report based on distribution channel,
packaging type, and type. 

By type, the global organic juices market is segmented into
vegetables, fruits, and blends. Fruits are again segmented into pineapple,
grapes, orange, apple, and others. Vegetables are again segmented into
beetroot, carrot, and others. 

By packaging type, the global organic juices market is
segmented into cartons, bottles, and others. 

By distribution channel, the global organic juices market is
segmented into non-store-based and store-based. Store-based is again segmented
into convenience stores, hypermarkets and supermarkets, and others. 

Regional Analysis 

Based on the region, the global organic
juices market analysis report covers the growth opportunities and
recent trends across North America, Europe, the Asia Pacific (APAC), and the
Rest of the World (RoW). Among these, North America will lead the market over
the forecast period. Increasing consumer awareness about the benefits of consuming
organic juice and a growing trend for high nutritional and organic products are
adding to the growth of the market in the region. 

The global organic juices market in Europe is predicted to
have the second-largest share over the forecast period. Burgeoning demand for
organic drinks in Scotland, Sweden, France, and Germany is adding to the growth
of the market in the region. 

The global organic juices market in the APAC region is
predicted to grow at a fast pace over the forecast period. Japan, India, &
China are the major contributors in the region. Factors adding market growth in
the region include consumers increasing per capita disposable income,
advancements in e-commerce, and shifting preference to organic drinks. 

The global organic juices market in the RoW is predicted to
have sound growth over the forecast period for the increasing adoption of
organic juices.

NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.