According to the latest
report published by Variant Market Research, the global
Concentrated Fruit Juice market size was valued at $54.3 billion in 2016, and is estimated to reach $88 billion by 2024. In this
report, the global concentrated fruit juice market forecast says that the
global market is growing at a CAGR of 6.2% from 2016 to 2024.
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Huge
demand for high scale of volume in the beverages industry fuels the
concentrated fruit juice market
The global concentrated fruit juice
market trend includes reduced logistical and storage costs, surging demand for
high scale of volume in the beverages industry, and growing acceptance of
convenience foods. Besides, awareness of the adverse effects of excess fructose
consumption may hamper the market growth. Furthermore, advancement in the food
processing industry, and improved disposable income are the factors which are
expected to generated new growth avenues for the market in the forthcoming
years.
Market
Segmentation
Major segments considered in the global
market is given as product type, application, and geography. On the basis of
product type, the segmentation includes alcohol stable, carbonate stable, and
clarified. Furthermore, confectionary, bakery, dairy, beverages, and others are
the global concentrated fruit juice application.
Geographically,
the market has been bifurcated into North America, Europe, Asia-Pacific, and
RoW. North America (U.S.,
Mexico, and Canada), Europe (Spain, Germany, Italy, UK, France, and Rest of
Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific) and RoW
(Middle East, South America, and Africa) are the key geographical regions
included in this market.
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Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/food-beverages/concentrated-fruit-juice-market/toc
Clarified, by product type segment accounted for
the major concentrated fruit juice market share in 2016
Clarified dominated the product type
segment with largest market share in 2016, and is likely to continue its trend
during the forecast period 2016 – 2024. Th high growth is attributed due to increasing
health awareness among consumers and increasing use of these juices in many
food recipes.
Beverage contributed for the highest market share
in the application segment
In
2016, beverage
accounted for the principal market share in 2016, in the application segment,
and is anticipated to endure its dominance over the forecast period 2016 –
2024. The growth is credited to large-scale applications of concentrated fruit
juice in foods and increasing demand for fruit juice based beverages.
Europe
occupied the foremost market share in the global market in 2016
Europe generated the highest revenue in
the global market accounting for 37% of the total market share in 2016, and is
likely to continue its trend throughout the forecast period. The high growth is
seen due to the technological developments in the food processing industry, and
presence of some of the prominent concentrated fruit juice manufacturers in the
region.
Apart from this, Australia in
Asia-Pacific region is also witnessing a significant demand in the market due
to availability of large number of fruits in the country.
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the complete report, visit at https://www.variantmarketresearch.com/report-categories/food-beverages/concentrated-fruit-juice-market
Competitive Landscape
Key players profiled in the report include AGRANA Beteiligungs-AG,
Archer Daniels Midland Company, Döhler, Ingredion Incorporated, Future FinTech
Group Inc., Diana Group, SunOpta, Ciatti Company, SVZ Industrial Fruit &
Vegetable Ingredients, Sudzucker AG, among others.
Scope of the Global Concentrated Fruit Juice Market
Product Type segments
- Carbonate
Stable
- Clarified
- Alcohol
Stable
Application Segments
- Bakery
- Beverage
- Dairy
- Confectionary
- Other
Applications
Geographical Segments
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest
of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest
of Asia-Pacific
- RoW
- South
America
- Middle
East
- Africa
About Variant Market Research
Variant Market
Research offers syndicated and customized reports to fulfill clients'
objectives. We also provide customized data pack proposing market sizing in an
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several industry domains, namely Semiconductor & Electronics, Consumer
Electronics, Information and Communication Technology, Automotive, Consumer
Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals,
Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy
& Power, Defense & Aerospace and Banking, Financial services and
Insurance (BFSI). Our expertise are data triangulation, competitor
benchmarking, parent market benchmarking, estimating market size and forecast
of the market from 2016 to 2024.
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John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com
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