growth of organized retailing of cold-pressed juices is driving the Cold Pressed Juices Market
Technavio analyzes that the Cold Pressed Juices Market is expected to grow at a CAGR of 7.88% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 455.4 million.There are various factors that contribute to the growth of the market. The organized retailing sector for cold-pressed juices has witnessed significant growth in recent years. Consumers are increasingly seeking healthier beverage options, leading to a surge in demand for these fresh and nutrient-dense beverages. Cold-pressed juices, which are extracted using a hydraulic press without the use of heat or centrifugation, retain more nutrients and have a longer shelf life compared to conventional juicing methods. This, coupled with the convenience of purchasing these juices from organized retail outlets, has contributed to the market's expansion. Additionally, the rise of e-commerce platforms and the growing trend of home delivery services have further boosted the market's growth. Overall, the organized retailing of cold-pressed juices is poised for continued expansion as consumers prioritize health and convenience.
The conventional cold-pressed juices sector, characterized by products derived from non-organically grown fruits and vegetables, experiences significant demand due to their relatively lower cost compared to their organic counterparts. This segment's growth is primarily driven by the abundance and affordability of conventionally produced fruits and vegetables, which have traditionally been utilized in juice manufacturing. However, consumer health consciousness is a potential limiting factor for this segment, as concerns regarding pesticide and insecticide residues in non-organic produce may deter sales. Key offerings within this sector include coconut water, vegetable blends, and various fruit flavors such as blueberry-lime and elderberry ginger. These beverages are readily available in convenience stores and online platforms. The production process for cold-pressed juices involves the use of a hydraulic press to extract juice from the produce, ensuring minimal oxidation and preserving the natural nutrients. Dietitians often recommend cold-pressed juices as a convenient and nutrient-dense option for individuals with busy lifestyles. Despite the benefits, it is crucial to note that added sugars may be present in some conventional cold-pressed juices, which should be considered when making purchasing decisions.
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Cold Pressed Juices Market Segmentation
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Cold pressed juices, made from fresh fruits and vegetables, are gaining popularity among health-conscious consumers due to their natural vitamins and minerals. Slow pressure juicers, using hydraulic press or similar methods, extract juice without adding chemical additives. Supermarkets, hypermarkets, convenience stores, and online stores stock these juices in PET bottles. Detoxification and veganism are driving factors. However, high sugar content in fruit juices can lead to obesity, kidney illness, and cardiovascular disease. Vegetable juices and blends are alternatives. Dietitians recommend high-pressure processing techniques for preserving nutrients while minimizing added sugar. Some manufacturers offer sugar-free or low-sugar options.
The Cold Pressed Juices market represents a segment of the broader Healthy Foods and Beverages industry, catering to health-conscious consumers seeking natural, nutrient-dense alternatives. Unlike mass-produced juices with chemical additives, cold pressed juices are extracted using slow pressure juicers, preserving the fruits and vegetables' vitamins, minerals, and enzymes. This market growth is fueled by the increasing trend towards detoxification, veganism, and a desire for clean eating. Manufacturers prioritize the use of fresh produce to meet consumer demand for minimally processed, additive-free products. The market's size is determined by the combined revenue generated by these fruit juice manufacturers. Cold pressed juices offer significant health benefits, including increased intake of essential vitamins, minerals, and dietary fiber, making them an attractive option for consumers seeking to maintain optimal wellness.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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