Fruit and Vegetable Juice Market by Product Type, By Distribution Channel and By Region – Global Opportunities & Forecast, 2020-2027
Fruit and Vegetable Juice Market by Product Type (Fruit Juice, Vegetable Juice, and Nectar), By Distribution Channel (Specialized Stores, Supermarkets/Hypermarkets, Online, and Others) and By Region – Global Opportunities & Forecast, 2020-2027
Fruit and Vegetable Juice Market was valued at USD 162 Billion in 2019 and anticipated to grow at 5.6% CAGR over the forecast period.
Fruit and Vegetable Juice Market Overview
Fruit and vegetable juice refer to the natural liquid that is extracted from fruit or vegetable tissues. It is commonly consumed as a beverage or drink among consumers. The fruit and vegetable juice is prepared by mechanically squeezing fruit or vegetable and then adding artificial flavors into the extracted juice. Fruit juice is a good source of vitamin A, vitamin C, vitamin D, vitamin E, and other nutrients. Vegetable juice is considered as a rich source of calcium, potassium, vitamins, and acts as an antioxidant. They provide exceptional health benefits and have enhanced taste.
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Major Fruit and Vegetable Juice Market Drivers
The inclination of consumers towards healthy products and the increasing disposable income of individuals are the significant factors propelling the demand of the global fruit and vegetable juice market. The growing consumer awareness regarding the nutritional benefits offered by fruit and vegetable juices will increase the consumption of fruit and vegetable juice in the market. Moreover, the growing health-conscious among consumers and the increasing popularity of cold-pressed juices as it provides minerals, vitamins, and enzymes, which will further boost the demand of the global fruit and vegetable juice market. Fruit and vegetable juice comprises of health benefits, such as improves digestive health and immune system, increases energy level, protect against cancer and cardiovascular disease, and maintains the appearance of the young population. In addition to this, the rapid change in the consumer’s taste and preference has made fruit and vegetable juice an important part of their daily diet. On the other edge, the easy availability of substitutes such as carbonated drinks and increasing consumption of fresh fruits may hinder the global fruit and vegetable juice market.
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Based on the product type, the fruit juice segment is projected to grow at a higher CAGR during the forecast period owing to the strong demand for fortified juices among consumers. The fruit juice is a rich source of vitamins such as vitamin D, vitamin C, vitamin A, and vitamin E. The fruit juice is further segmented into orange juice, apple juice, lemon juice, guava juice, and others. The orange juice type is expected to grow at a higher CAGR during the forecast period attributed to its remarkable benefits, such as rich in nutrients and vitamins. Moreover, the various initiatives implemented by governments are increasing the consumption of fortified food and beverages in the emerging economies.
Based on the distribution channel, the Supermarkets/Hypermarkets channel is anticipated to dominate the market over the forecast period. These stores offer a large variety of brands and products and other attractive discount offers. Moreover, the easy availability of greater variety with quality will further increase the demand of global fruit and vegetable juice in the market. The online are expected to grow at a higher CAGR due to the hectic lifestyle of consumers and the high availability of products at a better price. Also, major players are coming up with new product launches through various distribution channels will further enhance the market growth during the forecast period.
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Regional – Segment Analysis
Based on the region, the Rest of World region is expected to dominate the global fruit and vegetable juice market attributed to the significant shift in the consumer’s preference towards healthy diet patterns. In addition to this, the growing consumer awareness regarding the nutritional benefits of healthier juices will boost the fruit and vegetable juice market in this region. The Asia-Pacific region is anticipated to grow at a higher CAGR due to the increasing disposable income and the growing demand for healthy and nutrition-rich products among consumers.
Top Market Players
Various notable players operating in the market, include PepsiCo Inc, The Coca-Cola Company, Del Monte Foods, Inc., Nestlé S.A, Citrus World, Inc., Eckes-Granini Group, Welch Foods Inc., Ocean Spray Cranberries, Inc., Mott’s LLP, Dhler Group, and The Kraft Heinz Company, among others.
Key Developments:
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- In 2019, Nestlé S.A launched a new line of fruit veggie juices under the Orchard’s brand to encourage consumers to buy more local foods.
- In 2019, The Coca-Cola Company expanded its fruit-based products and introduced three new products under the Minute Maid brand to increase its focus on health and wellness categories in India.
- In 2019, Nestlé S.A launched a Nutri-Go energy shake, a new line of fruit and vegetable juices to satisfy the consumer taste.
- In 2018, PepsiCo Inc. introduced new fruit juice drinks under the Slice brand that helps to boost the fruit sales in India.
Segments covered in the Report:
The global fruit and vegetable juice market has been segmented on the basis of product type, distribution channel, and region. Based on product type, the market is segmented into fruit juice, vegetable and nectar. Based on fruit juice, the market is further segmented into orange juice, apple juice, lemon juice, guava juice and others. Based on distribution channel, the market is segmented into specialized stores, supermarkets/hypermarkets, online and others.
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Key questions answered in this research report:
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- At what pace is global Fruit and Vegetable Juice Market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in Fruit and Vegetable Juice Market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Fruit and Vegetable Juice Market?
- Which Product Type generated maximum revenues in 2019 and identify the most promising Product Type during the forecast period?
- What are the various Distribution Channels of global Fruit and Vegetable Juice Market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues (2019) |
USD 162 Billion |
Base Year & Forecast Units |
Value (USD Million) |
Market Segment | By Product Type, By Distribution Channel, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | PepsiCo Inc, The Coca-Cola Company, Del Monte Foods, Inc., Nestlé S.A, Citrus World, Inc., Eckes-Granini Group, Welch Foods Inc., Ocean Spray Cranberries, Inc., Mott’s LLP, Dhler Group, and The Kraft Heinz Company, among others; a total of 11 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation:
Global Fruit and Vegetable Juice Market by Product Type
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- Fruit Juice
- Orange Juice
- Apple Juice
- Lemon Juice
- Guava Juice
- Others
- Vegetable Juice
- Nectar
- Fruit Juice
Global Fruit and Vegetable Juice Market by Distribution Channel
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- Specialized Stores
- Supermarkets/Hypermarkets
- Online
- Others
Global Fruit and Vegetable Juice Market by Region
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North America Fruit and Vegetable Juice Market (Option 1: As a part of the free 25% customization)
- North America Fruit and Vegetable Juice Market by Product Type
- North America Fruit and Vegetable Juice Market by Distribution Channel
- United States of America (US) Fruit and Vegetable Juice Market All-Up
- Canada Fruit and Vegetable Juice Market All-Up
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Europe Fruit and Vegetable Juice Market (Option 2: As a part of the free 25% customization)
- Europe Fruit and Vegetable Juice Market by Product Type
- Europe Fruit and Vegetable Juice Market by Distribution Channel
- United Kingdom (UK) Fruit and Vegetable Juice Market All-Up
- Germany All-Up Fruit and Vegetable Juice Market All-Up
- France Fruit and Vegetable Juice Market All-Up
- Spain Fruit and Vegetable Juice Market All-Up
- Rest of Europe Fruit and Vegetable Juice Market All-Up
-
Asia-Pacific Fruit and Vegetable Juice Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Fruit and Vegetable Juice Market by Product Type
- Asia-Pacific Fruit and Vegetable Juice Market by Distribution Channel
- China Fruit and Vegetable Juice Market All-Up
- India Fruit and Vegetable Juice Market All-Up
- Japan Fruit and Vegetable Juice Market All-Up
- Rest of APAC Fruit and Vegetable Juice Market All-Up
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RoW Fruit and Vegetable Juice Market (Option 4: As a part of the free 25% customization)
- RoW Fruit and Vegetable Juice Market by Product Type
- RoW Fruit and Vegetable Juice Market by Distribution Channel
- Brazil Fruit and Vegetable Juice Market All-Up
- South Africa Fruit and Vegetable Juice Market All-Up
- Saudi Arabia Fruit and Vegetable Juice Market All-Up
- UAE Fruit and Vegetable Juice Market All-Up
- Rest of world (remaining countries of the LAMEA region) Fruit and Vegetable Juice Market All-Up
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Major Players Operating the Fruit and Vegetable Juice (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- PepsiCo Inc.
- The Coca-Cola Company
- Del Monte Foods, Inc.
- Nestlé S.A
- Citrus World, Inc.
- Eckes-Granini Group
- Welch Foods Inc.
- Ocean Spray Cranberries, Inc.
- Mott’s LLP
- Dhler Group
- The Kraft Heinz Company
Frequently Asked Question About This Report
Fruit and Vegetable Juice Market [UP625A-00-0620]
The Supermarkets/Hypermarkets channel is anticipated to dominate the market over the forecast period. These stores offer a large variety of brands and products, and other attractive discount offers.
The leading players operating in the market, include PepsiCo Inc, The Coca-Cola Company, Del Monte Foods, Inc., Nestlé S.A, Citrus World, Inc., Eckes-Granini Group, Welch Foods Inc., Ocean Spray Cranberries, Inc., Mott’s LLP, Dhler Group, and The Kraft Heinz Company, among others.
The inclination of consumers towards healthy products and the increasing disposable income of individuals are the significant factors propelling the demand of the fruit and vegetable juice market.
Fruit and Vegetable Juice Market is anticipated to grow at 5.6% CAGR during the forecast period.
- Published Date: Jun-2020
- Report Format: Excel/PPT
- Report Code: UP625A-00-0620
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Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Fruit and Vegetable Juice Market by Product Type, By Distribution Channel and By Region – Global Opportunities & Forecast, 2020-2027
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