The Global Juice Concentrates Market size is expected to reach $90.8 billion by 2028, rising at a market growth of 4.7% CAGR during the forecast period.
Fruit or vegetable juice that has had the majority of the water removed is called juice concentrate. It might provide some necessary nutrients, such as vitamins and minerals, depending on the variety. Concentrate, however, has undergone more processing than unpasteurized fruit juice.
Fruit juice concentrate is typically produced from fresh fruit. Fruit pulp that has had the water removed is turned into fruit concentrate. The concentrate product is kept in frozen, aseptic, and non-aseptic storage environments. These techniques have been utilized in the past to streamline its transit throughout the globe. Once it gets to the place where the juice is made, it is reconstituted with the same amount of water that was evaporated from it. Fruit concentrate is more convenient and affordable to store and transport than liquid juice, which makes juice from concentrate popular. Fruit from concentrate is real fruit juice, unlike what the general public believes.
Up to 90% of juice can be made up of water. Juice concentrate, which is created after the majority of this liquid is taken out, is a thick, syrupy substance. Concentration doesn't go bad as quickly as a juice since the water extraction process inhibits bacterial growth. The cost of packing, storage, and transportation is also reduced by this technique. Yet, various processing techniques exist. The majority of concentrates go through filtration, evaporation, and pasteurization, although some could additionally have additives. Juice concentrates are offered for sale either frozen or at room temperature, and they should be diluted with filtered water before consumption.
Juice that is not from concentrate (NFC) differs from concentrate juice in that it does not go through the dehydration and subsequent rehydration (also known as "reconstitution") process. NFC is the juice that has been extracted entirely naturally and pure from the fruit, leaving behind only the inedible bits like seeds, skin, and occasionally pulp. NFC is frequently pasteurized, just like FC juice. Customers can purchase fruit juice products that have been pasteurized and are safe for human consumption.
The COVID-19 pandemic had a significant impact on the expansion of the Fruit Concentrate Market. The volume of Fruit Concentrate produced was impacted because of the temporary closure of the manufacturing facilities due to the severe limitations. The market expansion during this period was affected by the labor scarcity that was seen as a result of the person returning to their homes. Additionally, the supply chain disruption caused a lack of raw materials and hampered the distribution of finished goods. The bank reports that between January 2019 and February 2020, imports of fruits and vegetables decreased as a result of supply chain interruptions and export restrictions. Consequently, the market's reaction to COVID-19 has reduced the amount of fruit available for production.
The demands for commercial beverages are increasing over the world, particularly for ready-to-drink beverages, carbonated water, functional beverages like energy drinks, and beverages made from plants. Production of beverages requires the use of safe raw materials and the maintenance of desirable end-product qualities through safe, economical, and environmentally friendly multistage processing. Over the past few years, the sector has noticed a rising sustainability trend. Sustainable food procurement, which integrates multiple objectives for reducing the environmental impact, includes switching to more local and/or organically grown and raised vegetables in beverage facilities.
Customers now choose foods and drinks that promote a sustainable lifestyle; this suggests that beverages should offer benefits beyond just physical health. While diet should offer remedies to strengthen the immune system and promote digestion, the goods used should be natural and have a high level of functioning. Consumers now have a higher level of environmental and health concerns, which is driving up demand for beverages with the best nutritional and functional characteristics. Demand for energy drinks, sports drinks, and RTD coffee drinks are present in the Japanese beverage market. Beauty drinks, or alcoholic beverages that support the skin and physical appearance, are a popular category of alcoholic beverages among Japanese customers.
Marketing professionals frequently utilize the terms "natural" and "organic" in the food sector to raise consumer demand for natural ingredients. Ingredients with a clean label are generally those that are all-natural and free of chemicals. With increased health consciousness, customers are choosing clean-label goods that are safer to eat since they employ natural ingredients such as natural colors and tastes. They are willing to spend a lot of money on things with little processing. Before purchasing a product, consumers have been seen to carefully read the label since they prefer clean-label products.
On the basis of Type, the Juice Concentrates market is segmented into Fruit Juice Concentrates and Vegetables Juice Concentrates. The Fruit Juice Concentrates segment acquired the highest revenue share in the juice concentrates market in 2021. It is because fruit juice concentrates are employed in several sectors, including the beverage, bakery & confectionery, food, and alcoholic beverage industries. In the baking and confectionery sector, fruit juice concentrates are used as sugar alternatives in the creation of cakes, biscuits, and pastries.
Based on the Application, the Juice Concentrates market is divided into Beverage, Soups & Sauces, Dairy, Bakery & Confectionery, and Others. The bakery & confectionery segment registered a significant revenue share in the juice concentrates market in 2021. Juices are made from fresh fruits and boiled down to produce a thick liquid with a higher sugar content than typical juice. Concentrates may contain chemicals to improve flavor or sweetness and are frequently pasteurized to extend their shelf life. Fruit concentrates including apple, orange, and grape juice are frequently found in the frozen food section of supermarkets.
By Ingredient, the Juice Concentrates market is bifurcated into Single Fruit/Vegetable Concentrates and Multi-Fruit/Vegetable Concentrates. The single Fruit/Vegetable Concentrates segment procured the largest revenue share in the juice concentrates market in 2021. It is because most people prefer single fruit or vegetable concentrates as it provides the complete health benefits of the individual fruit or vegetable. With the availability of multiple flavor single juice concentrate consumers can easily pick their favorite flavored concentrates.
On the basis of form, the Juice Concentrates market is classified into Clear Concentrate, Powdered Concentrate, and Frozen Concentrate. The powdered concentrate segment recorded a significant revenue share in the juice concentrates market in 2021. Juice concentrates are dehydrated into powder form using techniques including freeze- and spray-drying. This makes these products smaller by removing all of the water content. Although it is a normal biological reaction, persistent inflammation has been related to numerous illnesses, including diabetes and cancer.
| Report Attribute | Details |
|---|---|
| Market size value in 2021 | USD 66.4 Billion |
| Market size forecast in 2028 | USD 90.8 Billion |
| Base Year | 2021 |
| Historical Period | 2018 to 2020 |
| Forecast Period | 2022 to 2028 |
| Revenue Growth Rate | CAGR of 4.7% from 2022 to 2028 |
| Number of Pages | 300 |
| Number of Tables | 550 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Type, Application, Ingredient, Form, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Region wise, the Juice Concentrates market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia pacific region garnered a promising revenue share in the juice concentrates market in 2021. The market for juice concentrates is expected to grow at the fastest rate, with the greatest CAGR, in Asia-Pacific. China, India, Japan, Australia, and New Zealand are the primary nations making a substantial contribution to the expansion of the region. The Asia-Pacific region's young population and quickly expanding fast-food industry have increased convenience food consumption, which is anticipated to further boost the market for juice concentrates.
Free Valuable Insights: Global Juice Concentrates Market size to reach USD 90.8 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Südzucker AG, Ingredion, Incorporated, SunOpta, Inc, Kerry Group PLC, Sensient Technologies Corporation, Symrise AG, Döhler GmbH, IPRONA SPA, and Kanegrade Limited.
By Type
By Application
By Ingredient
By Form
By Geography
The global Juice Concentrates Market size is expected to reach $90.8 billion by 2028.
Sustainability Of Juice Concentrates are driving the market in coming years, however, Consumer Demand For Items With Clean Labels restraints the growth of the market.
Archer Daniels Midland Company, Südzucker AG, Ingredion, Incorporated, SunOpta, Inc, Kerry Group PLC, Sensient Technologies Corporation, Symrise AG, Döhler GmbH, IPRONA SPA, and Kanegrade Limited.
The Clear Concentrate segment acquired maximum revenue share in the Global Juice Concentrates Market by Form in 2021 thereby, achieving a market value of $42.6 billion by 2028.
The Beverage segment is leading the Global Juice Concentrates Market by Application in 2021 thereby, achieving a market value of $33.3 billion by 2028.
The Europe market dominated the Global Juice Concentrates Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $28.7 billion by 2028.
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