The Juices Market is being driven by Benefits of cold-pressed juice over traditional juice
The Juices Market is expected to grow at a CAGR of 8.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 125.4 billion. In the dynamic beverage industry, private-label fruit juices have emerged as a significant revenue generator for retailers worldwide. Major retailers are expanding their private-label offerings by introducing various types of fruit and vegetable juices under their brands. This trend is driving the growth of the global juices market, with an increasing number of retailers capitalizing on the rising consumer demand for juices. Notably, retail giants like Target Corp. have successfully entered this sector with their private label brands, such as Simply Balanced, offering organic fruit juices, including Organic Apple Juice, to cater to health-conscious consumers. The private-label product segment has experienced substantial growth in the last decade, with retailers focusing on offering high-quality, differentiated juice products to attract and retain customers.
Get more information on Juices Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
229 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.9% |
Market growth 2025-2029 |
USD 125.4 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
7.9 |
Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, Rest of World (ROW), US, Germany, China, France, UK, India, Italy, Canada, Japan, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The juice market encompasses various processes such as juice processing, cold-pressed extraction, and high-pressure processing (HPP). These techniques ensure high-quality products through methods like aseptic packaging, juice blending, and flavoring technologies. Natural colorants and nutrient fortification extend shelf-life and enhance health benefits. Microbial control, quality assurance, and adherence to food safety standards ensure product safety. Transparency in sustainable agriculture, organic and fair trade certifications, and ingredient sourcing are essential. Consumer behavior research, target audience identification, and brand positioning are key marketing strategies. Innovation pipeline, price elasticity, and market penetration are crucial for business growth. Product positioning, brand awareness, and customer loyalty are essential for long-term success. Packaging design, bottle recycling, and supply chain transparency further contribute to the industry's sustainability.
The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase shelf life. According to Technavio, the market's size is determined by the consolidated revenue of the participating companies. This market scope excludes equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages, including juices, except for those labeled as minimally processed, such as fruit juices and vegetable juices, which are rich sources of essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. The market's growth is influenced by the health benefits associated with consuming minimally processed foods.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted