Market Analysis

The global juice concentrates market is growing with heaps and bounds with increasing awareness about healthy lifestyles and enhancing overall health fruitfully. Also, the scarcity of time has also emphasized the juice concentrates market to initiate healthy drink products for health maintenance. Juice concentrates are high in nutrition which is a concentrated form of fruits and vegetables by reducing the water content from these. These are mainly available in bakeries and confectionaries. The increase is the usage of juice concentrates eventually enhanced the growth of the global juice concentrates market with considerable valuation.

Factors Driving Market Growth

In the detailed reports by Market Research Future (MRFR), it has presented some significant factors that are driving the juice concentrates industry growth substantially. The factor of low-cost investment in storage and high demand for fruit drinks, dairy, and frozen desserts are leading investors in the growth of the global juice concentrates market. These are also healthy alternatives to carbonated drinks which altogether cater to health in positive ways, which at the same time, boosts the market growth.

Concerning with health, now many manufacturers and companies are coming up with more juice concentrated products to cater to the need of people. They offer juice concentrates products in a broad portfolio which are customized right from the taste, color to the mouthfeel. Juice concentrates impart color, taste, flavors, aromas and improves health by offering multi-nutritional ingredients.

On the other hand, the increasing popularity of non-alcoholic drinks has made a shift towards fruit-based products among consumers. Based on taste and nutritional benefits, the global juice concentrates market is getting a better boost. Also, juice concentrates are a popular healthy option as these are enhanced with the essential minerals and nutrients fulfilling the body requirements. Owing to the change in lifestyle, hectic days, working class, the human body tends to lack nutritional elements which deal with various health issues like skin, heart and others which are prevented in better ways with intake of juice concentrate products.

Overall, the demand for juice concentrate is expected to increase exponentially in the foreseen years, especially in developed countries where juice concentrate is becoming an essential intake of regular diet.

Market Segment Analysis

The global lemon juice concentrates market has been segmented based on type, form, and process.

By type, the global juice concentrates market has segments such as fruit, vegetable and blended.

By form, the market has segments as frozen and liquid. Of these, the liquid form is a popular one so that it can be quickly consumed and conveniently suits every consumers' requirement.

By process, the market has been divided into beverages, bakery confectionary, soups, sauces, and frozen desserts and more.

Regional Outlook

The popular juice concentrates market has been seen in regions like North America, Europe, Asia-Pacific, and the rest of the world.

Among these, Asia Pacific has witnessed a high growth potential for juice concentrates. As China and India are one of the emerging countries in the Asia Pacific, these have considerable land to grow crops. Hence, cultivation of fruits is best resulting in more production of juice concentrates along with higher technological methods. China is popular exporters of juice concentrates in the Asia Pacific which results in upsurge the juice concentrates market growth. 

Key Market Holders

The key players profiled in juice concentrate market are AGRANA Investment Corp (Austria), Archer Daniels Midland Company (US), Ingredion Incorporated (US), Sudzucker AG (Germany), SunOpta, Inc. (Canada), Diana Naturals (France), SVZ International BV (the Netherlands), and Doehler Group (Germany) among many others.

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competitive analysis

With more and more technological advancements and industry expansions, the market players are investing economy to expand the business. Whereas, consumers stay ready to experience new products, primarily in developed countries that help in establishing new brands.

Sep 2017 : Sysco Corporation SYY launched seven new products like cheesecakes, juice concentrates, organic chicken and shrimp among others. These products are designed to suit the health and wellness of consumers.

Aug 2017 : Prodalim Group, one of the leading suppliers of juices, concentrates and multiunit blends, has agreed to acquire the Louis Dreyfus Company (LDC) juice facility in Winter Garden, Florida.

Therefore, with the help of latest technology, high-end RD, innovative product line, improvement in the packaging technology followed by key manufacturers are predicted to drive the juice concentrates market growth likely in foreseen years.

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