According to Stratistics MRC, the Global Fruit and Vegetable juices market is estimated to grow at a CAGR of 4.2% during the forecast period 2015 to 2022. The increasing demand for healthy products, inclination for a juice and prevalent consumer trend are the factors favoring the market growth. Consumer juice and flavor preference is the restraint for fruit and vegetable juices market. The fruit and vegetable juices market is mainly depended on brand value, flavor preference and consumer taste. The fruit and vegetable juices market is likely to increase the market share in developing countries.
The major market share is captured by orange juices segment. Consumers are moving away from classic products such as orange juice due to rapidly changing consumption patterns. The consumers are looking towards new juices with wildly increasing new and innovative flavors. The fruit and vegetable juices market is dominated by large players namely Nestles SA, Coca Cola Company, Pepsico Inc etc. U.S., U.K., China and Japan are the leading markets for fruit and vegetable juices.
Some of the key players in the global market include Nestles SA (Juicy Juice) Switzerland, The Coca Cola Company (Minute Maid), WINN-Bill-DANN Foods Russia, Hangzhou Wahaha Group Co Ltd, DR Pepper Snapple Group, Schweppers Austria Pty Ltd, Suntory Holdings Ltd, Pepsico Inc (Tropicana), Mott’s Llp, Skypeople Fruit Juice, Inc., Ocean Spray Cranberries Inc., Del Monte Corporation, Maspex Czech Sro (Relax), Tampico Beverages, Sunkist Growers Inc., Ito En Ltd Japan , Loblaws Inc (President’s Choice), Odwalla Inc, and Welch Foods Inc.
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Fruit and Vegetable Juices Category Covered:
Pre-biotic and Pro-biotic
Naturally Sweetened(no Artificial Sweetner)
Single Fruit Flavour
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o Non Concentrate
Fruit Drinks (UPTO 24%)
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