The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rise of the food and beverage sector is likely to drive innovation in the manufacturing of juices and juice concentrates, propelling the market during the forecast period.

The global juices and juice concentrates market is expected to grow from $37.54 billion in 2022 to $39.83 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The global juice and juice concentrates market size is expected to reach $48.19 billion in 2027 at a CAGR of 4.9%.

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Global Juices And Juice Concentrates Market Segments Include:

• By Type: Juices, Juice Concentrates
• By Concentration: Concentrated, Non-concentrated
• By Distribution Channel: Supermarket Or Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retail, Other Distribution Channels
• By Application: Bakery And Confectionery, Beverages, Dairy Food, Soups And Sauces, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global juices and juice concentrates market in 2021.

Major Market Players in the juices and juice concentrates market include Welch Foods Inc., SVZ International B.V., Sudzucker AG, Ingredion Incorporated, DöhlerGroup, Symrise AG, Kanegrade Limited, ADM, Ocean Spray Cranberries Inc.

Product innovation is a crucial trend that is gaining traction in the juice and juice concentrates markets. Major players in the juices and juice concentrates industry are focusing on producing new products to increase their market position. For example, in October 2022, The EVERY Co., a biotechnology business based in the United States that manufactures proteins and other typically supplied from animals, developed BUILD in collaboration with Pulp Culture+. BUILD is the first protein-boosted hard juice in the world, a hyper-functional Full SpectrumTM beverage enriched with probiotics, adaptogens, source-verified super fruits and superfoods, and animal-free EVERY Protein. There is no need for any masking agents, sugar, or other unneeded ingredients. Cordyceps, ashwagandha, and 5 grammes of protein are among the fashionable ingredients.

The Juices And Juice Concentrates Global Market Report 2023  provides a juices and juice concentrates market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The juices and juice concentrates market forecast analyzes juices and juice concentrates market size, juices and juice concentrates market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Juice is a natural fluid fraction extracted from plants and fruits for drinking. The juice concentrate is a powder manufactured from a water-drained and dried extract of a real fruit (such as an orange or lemon). The powdered form of the juice is known as concentrate.

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