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Global juice concentrate market was valued at US$ XX Mn in 2017 and expected to grow at 6.5% Compound Annual Growth Rate

Global juice concentrate market was valued at US$ XX Mn in 2017 and expected to grow at 6.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024

Global Juice Concentrate Market: By Product Type (Fruit Juice Concentrate and Vegetable Juice Concentrate), By Form (Clear Concentrate, Powdered Concentrate, and Frozen Concentrate), By Application (Confectionery, Beverages, and Dairy), By Distribution Channel (Super Markets & Hyper Markets, Departmental Stores, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global juice concentrate market was valued at US$ XX Mn in 2017 and expected to grow at 6.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Juice Concentrate Market
Juice is the beverage obtained by the extraction of natural liquid containing fruits and vegetables. It is also referred to the liquids which are flavored with biological food products. Juice concentrate is staple item which is usually found at homes.
Market Dynamics: Juice Concentrate Market
Increase in the adoption of the healthier lifestyle is driving the growth of the juice concentrate market. The long-lasting shelf-life of the product is adding scope for the growth of the market. The lesser cost of the product when compared with that of the freshly squeezed juices is anticipated to drive the growth of the juice concentrate market. The easy storage and transportation of the product is boosting the growth of the juice concentrate market. Juice concentrates are gaining popularity due to its antioxidant property. However, the presence other alternative natural products are likely to hamper the growth of the market over the forecast period.
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Market Scope: Juice Concentrate Market
Juice concentrate market is segmented based on the product type, form, application and distribution channel
Based on the product type, the market is segmented into the following:
• Fruit Juice Concentrate
• Vegetable Juice Concentrate
Based on the form, the market is segmented into the following:
• Clear Concentrate
• Powdered Concentrate
• Frozen Concentrate
Based on the application, the market is segmented into the following:
• Confectionery
• Beverages
• Dairy
• Bakery
• Others
Based on the distribution channel, the market is segmented into the following:
• Super Markets & Hyper Markets,
• Departmental Stores
• Others

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Regional Analysis: Juice Concentrate Market
Geographically, global juice concentrate market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America and Europe juice concentrate market are holding the largest revenue share when compared with that of the other regional markets. The growing demand for the ready-to-use products is the key factor boosting the growth of the market in these regions. Asia Pacific is expected to be the attractive market over the forecast period owing to its urbanization and change in lifestyle is likely to add fuel for the growth of the juice concentrate market.
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Competition Assessment: Juice Concentrate Market
Some of the players in the global juice concentrate market include:
• Archer Daniels Midland Company (U.S.)
• Ingredion Incorporated (U.S.)
• Asiros (Denmark)
• Sudzucker AG (Germany)
• SunOpta, Inc. (Canada)
• AGRANA Investment Corp (Austria)
• The Ciatti Company (U.S)
Notable Market Developments: Juice Concentrate Market
 In July 2016, Asiros has acquired a fruit and berry concentrate and extract processing facility from the Swedish Nordic Food Group AB


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Precision Business Insights is one of the leading market research and business consulting firm, which follow holistic to solve needs of the clients.