Juice concentrates are frozen and concentrated versions of fruit, vegetable, or combination juices that have had the water content reduced. When compared to regular juices, it has a longer shelf life and is less expensive. As an alternative to fruits and vegetables, juice concentrates are utilised in a variety of food industry applications such as bread items, confectionary, sauces, and soups.
The "Global Juice Concentrates Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the juice concentrates market with detailed market segmentation by source, form, application, and geography. The report provides key statistics on the market status of the leading juice concentrates market players and offers key trends and opportunities in the market.
- Based on source, the global juice concentrates market is segmented into fruits and vegetables.
- On the basis of form, the market is segmented into powder and liquid.
- Based on application, the market is bifurcated into beverages, soups & sauces, dairy & frozen desserts, bakery & confectionery, others.
- With the increasing health concerns among consumers, the demand for products made from natural and healthy ingredients is on the rise which is driving the global juice concentrates market.
- Increasing popularity of convenience food & beverage products to boost market growth of juice concentrates.
- Substitute for sugar in the bakery & confectionery industry , is driving the market growth.
- Increasing popularity of convenience food & beverage products is also driving the market.
- Growth in Demand for Nfc Juices.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The juice concentrates market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the juice concentrates market in these regions.
IMPACT OF COVID-19 ON JUICE CONCENTRATES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the juice concentrates market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from juice concentrates market are anticipated to lucrative growth opportunities in the future with the rising demand for juice concentrates in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the juice concentrates market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AGRANA Beteiligungs-AG
- Archer Daniels Midland Company
- Ciatti Company
- Diana Group
- Steinhauser Group
- Sudzucker AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.