The cold-pressed juices market share will post an incremental growth of USD 283.1 million, progressing at a CAGR of 6.82% during the forecast period. The high nutritional value of cold-pressed juices will offer immense growth opportunities to market vendors. The cold-pressed juices market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Cold Pressed Juices Market by Product, Type, and Geography - Forecast and Analysis 2021-2025” provides a detailed market analysis of the prevalent market forces, trends, and challenges that are likely to impact the market in focus.
The cold-pressed juices market is segmented by product (conventional and organic), type (fruit and vegetable blend juices, fruit juices, and vegetable juices), and geography (North America, Europe, APAC, South America, and MEA).
The growth of the cold-pressed juices market in the conventional segment will be significant during the forecast period. 46% of the market's growth will originate from North America during the forecast period. The US is the key market. Factors such as the rising consumption of organic and cold-pressed fruit and vegetable juices, healthy eating, and consumption of raw and organic food products will drive market growth in North America over the forecast period.
The high nutritional value of cold-pressed juices will directly influence sales of cold-pressed juices. In addition, the growing demand for cold-pressed juice shots is one of the major cold-pressed juices market trends that will positively impact the market growth. However, factors such as the short shelf life of cold-pressed juices will hamper the cold-pressed juices market growth.
Some of the major cold-pressed juices market vendors are CEDAR Juice, MOJU Ltd., Native Cold Pressed, Organic Press Juices Co LLC, PepsiCo Inc., Pressed Juicery Inc., Rakyan Beverages Pvt. Ltd., Starbucks Corp., The Cold Pressed Juicery, and The Hain Celestial Group Inc.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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What are the key data covered in the Cold Pressed Juices Market report?
Precise market size estimation during the forecast period 2021-2025.
CAGR of the cold-pressed juices market forecast during 2021-2025.
Market-level data on units, average selling prices, and values of the cold-pressed juices market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the cold-pressed juices market.
Cold Pressed Juices industry growth across North America, Europe, APAC, South America, and MEA.