Concentrated Juice Market

Global Concentrated Juice Market Size (2024 to 2032)

The Global Concentrated Juice Market was valued at USD 84.80 billion in 2023, and the global market size is anticipated to reach USD 143.27 billion by 2032 from USD 89.89 billion in 2024. The market's promising CAGR for the predicted period is 6.0%.

MARKET OVERVIEW

Concentrated juices are the frozen, condensed form of fruit or vegetable juice that are blended by reducing the water content. It has an improved and cost-effective shelf life compared to regular juices. They are used in a wide range of applications in the food industry such as Soups, sauces, confectionery, and bakery products, etc., as an alternative to fruits and vegetables. Juice concentrates impart natural flavour and colour to food products. Vegetable juice concentrates are used to enhance the nutritional value of food products. It is increasingly used in the production of healthy juices. Fruit juice concentrates are used as natural sweeteners and as natural food colouring. The beverage segment represents a significant share of the global juice concentrates market in terms of consumption. They are used in the production of alcoholic and non-alcoholic beverages.

The growing popularity of soft drinks and fruit products among consumers for their taste and nutritional benefits is driving the growth of the global concentrated juice market. Juice concentrates are rich in nutrients and the market has seen an increase in demand. There is a growing demand from the beverage and bakery industry as they are used as an alternative to sugar, which is driving the growth of the global concentrated juice market. However, concentrated juices contain fructose, and excessive consumption of fructose has harmful effects on the body, making it difficult for the market to grow. Additionally, juices are healthy alternatives to carbonated beverages, which in turn will help the market for juice concentrates grow for years to come. Juice concentrates turn out to be a healthy option as they are fortified with some of the most essential minerals and nutrients that the human body needs. Due to the fast-paced working-class lifestyle and consumer lifestyle changes, the human body is lacking in nutrients and antioxidants that help to deal with various hair, skin, heart, and other problems other associated health problems.

REPORT COVERAGE: 

SEGMENTAL ANALYSIS

Concentrated Juice Market Analysis By Type:

• Fruit Concentrates
• Vegetable Concentrates

The fruit concentrates segment is subdivided into apple, orange, berry, banana, pear, pineapple, red grape, mango and other citrus fruits. The vegetable concentrates segment is subdivided into carrots, tomatoes, spinach, ginger, cucumber, beets, onion and garlic. According to the application, the market is classified into beverages, dairy products, baby food, sweet and Savory snacks, soups and sauces, bakery and confectionery and desserts.

Concentrated Juice Market Analysis By Ingredients:

• Multiple Fruit/Vegetable Concentrate
• Single Vegetable/Fruit Concentrate

Concentrated Juice Market Analysis By Applications:

• Bakery
• Confectionery
• Dairy
• Soups  
• Sauces
• Beverages
• Others

REGIONAL ANALYSIS

Globally, North America is expected to dominate the market for juice concentrates due to the growing awareness of the importance of fruit and vegetable intake in their daily diets. Since cooking is a tedious process due to a busy work schedule, it becomes difficult to consume vegetables, resulting in a lack of nutrients in the body. However, it is easy and convenient to consume vegetables in juice form. In Europe, the popularity of natural and healthy ingredients is increasing, which in turn contributes to the growth of the market. The main market players are launching a variety of products with different combinations of fruits, vegetables and other ingredients, increasing the sales of concentrated juices in the region. 

KEY PLAYERS IN CONCENTRATED JUICE MARKET

Key Players In Concentrated Juice Market are Kanegrade Limited, Ingredion Incorporated, The Ciatti Company, Sunopta Inc, SVZ International B.V, Agrana Group, Diana Food, Dohler Company, Archer Daniels Midland Co, SkyPeople Fruit Juice Inc.

RECENT HAPPENINGS IN THE MARKET

• In July 2020, Vie-Del Company, the oldest family-owned grape processor and supplier of
• Spirits, wine, brandy, concentrates, bulk juice, and based in Fresno, California, will come into a conclusive agreement with Constellation Brands US Operations, Inc., a wholly-owned subsidiary of Constellation Brands, Inc. to acquire CBUSO's high-colour concentrates and grape concentrates business.
• In a ruthless brand war, the diverse ITC NSE 1.20% group challenged rivals PepsiCo and Dabur NSE -0.31% to make their juices 'free concentrates' through prominent billboards in the markets, even when one of their rivals did so-called a trap.
• SDIC Zhonglu Fruit Juice Co., Ltd. has contracted a complete agreement to acquire Poland Appol Group. This is the company's first acquisition under the China Belt and Road initiatives, linking the European and Chinese markets by investing in Poland.

DETAILED SEGMENTATION OF GLOBAL CONCENTRATED JUICE MARKET INCLUDED IN THIS REPORT      

This research report on the Global Concentrated Juice Market has been segmented and sub-segmented based on Type, Application, Ingredient & Region.  

By Type:

• Fruit Concentrates
• Vegetable Concentrates

By Ingredients:

• Multiple Fruit/Vegetable Concentrate
• Single Vegetable/Fruit Concentrate

By Applications:

• Bakery
• Confectionery
• Dairy
• Soups  
• Sauces
• Beverages
• Others

By Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa