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Juice Concentrates Market To Grow At A CAGR of 6.0% By 2021 while Single fruit/vegetable concentrate to lead the market


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The global juice concentrates market has grown exponentially in the last few years. The market size is projected to reach USD 93.94 Billion by 2021, at a CAGR of around 6.0% from 2016 to 2021. Emerging countries such as India and China are the primary targets of this industry. Increasing demand for convenience food & beverages, health consciousness of people in the developing regions, and the use of juice concentrates as a substitute for sweets in the bakery & confectionery industry are some of the major driving factors for this market.

The juice concentrates market based on type is segmented into fruit concentrates and vegetable concentrates. Fruit concentrates accounted for a larger market share in 2015, and it is also projected to have a larger share during the forecast period due to the demand for healthy beverages that has led to the need for higher yield for fruit juice concentrates. Fruit juice concentrates, such as apple concentrates and pear concentrates, are used as sugar substitutes in the bakery & confectionery industry, in the production of cakes, cookies, and pastries.

The juice concentrates market, based on application, is segmented into beverages, soups & sauces, dairy, bakery & confectionery, and others. The others segment consists of baby food, dessert, and sweet & savory snacks. Beverages accounted for the largest share of the juice concentrates market in 2015. Beverages have several applications, such as in energy drinks, juices, tea, and smoothies, and are available in different forms such as frozen, crystallized, or liquid. The beverage industry is growing globally and therefore the demand for fruits and vegetables for the production of new and innovative beverages is increasing.

In the ingredient segment, the market is segmented on the basis of single fruit/vegetable concentrate & multi-fruit/vegetable concentrate. The multi-fruit/vegetable concentrate segment accounted for a larger share in 2015. Consumers’ desire to live an active and healthy lifestyle is one of the major drivers for the growth of the market. Regions, such as North America and Europe, have favorable markets for multi-fruit/vegetable concentrates.

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Juice Concentrates Market To Grow At A CAGR of 6.0% By 2021 while Single fruit/vegetable concentrate to lead the market

  1. 1. Juice Concentrates Market by Type (Fruit, Vegetable), Application (Beverages, Bakery & Confectionery, Soups & Sauces, Dairy), Ingredient, Form, Brand & by Region (North America, Europe, Asia- Pacific, South America) - Global Forecast to 2021 By MarketsandMarkets Browse more reports on Food & Beverage @ . © ; ; +1 888 391 5441
  2. 2. Juice Concentrates Market Global Trends and Forecast to 2021 “Juice concentrates market projected to grow at a CAGR of 6.0%” The juice concentrates market is projected to reach USD 93.94 billion by 2021 at a CAGR of 6.0% from 2016 to 2021. The market is driven by growing consumption of juice concentrates inconvenience and packaged food & beverage products. Rising health awareness among consumers, and rising consumption of juice concentrates as a substitute in bakery& confectionery products is likely to drive the demand for juice concentrates in the near future. Complete report on Juice Concentrates Market spread across 249 pages with 160 tables and 111 figures Profiling 12 Companies is now available at application-beverages-bakery-confectionery-soups-sauces-dairy-ingredient-form-brand-by- region-north-america-europe-asia-pacific-south-america-st-to-2021-market-report.html © ; ; +1 888 391 5441
  3. 3. “Single fruit/vegetable concentrate led the market with the largest share in 2015” Single fruit/vegetable juice concentrates are juices that are derived from a single fruit or a single vegetable. Single fruit concentrates are usually consumed as sugar substitutes in various industries such as bakery, beverage, and food, which is likely to drive its demand in the near future. Apple concentrates, grape concentrates, and pineapple concentrates are some of the commonly used single fruit/vegetable juice concentrates. Single fruit/vegetable concentrates are available in the form of juice, powder, clear, and frozen. There is rising demand for single fruit/vegetable concentrate in the North American and European regions. Increasing health awareness among consumers is likely to drive the demand for single- and multi-fruit/vegetable juice concentartes in both the regions. “Asia-Pacific to lead the market in terms of growth rate between 2016 and 2021” The Asia-Pacific region is projected to grow at the highest CAGR during the forecast period. This region has a large market for juice concentrates and is continuously increasing due to economic growth, and high demand for convenience food & beverages. © ; ; +1 888 391 5441 Juice Concentrates Market Global Trends and Forecast to 2021
  4. 4. The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is mentioned as below. By Company Type: Tier 1 – 40%, Tier 2 – 40%, and Tier 3 – 20% By Designation: Director level – 20%, C Level – 40%, and Others – 40% By Region: North America – 25%, Europe – 50%, Asia-Pacific – 25% AGRANA Investment Corp (Austria), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Sudzucker AG (Germany), and SunOpta, Inc. (Canada) collectively accounted for the largest portion of the juice concentrates market in 2015. Other players such as Diana Naturals(France), SVZ International B.V. (The Netherlands), Sky people Fruit Juice, Inc. (China), Kanegrade Limited (U.K.),Doehler Group (Germany), and The Ciatti Company (U.S.) also have a strong presence in this market. Get Sample Pages Of This Report Now at sample?rname=541427 © ; ; +1 888 391 5441 Juice Concentrates Market Global Trends and Forecast to 2021
  5. 5. Reasons to buy this report: To get a comprehensive overview of the global juice concentrates market To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them To gain insights of the major countries/regions in which the juice concentrates market is flourishing This Report is beneficial for Fruit beverage manufacturers and suppliers, Research and Development Institutes, Intermediary suppliers, Wholesalers, Technology providers The Companies profiled in this report are Geographic Revenue Mix, Archer Daniels Midland Company, Sudzucker AG, Ingredion Incorporated, Agrana Investment Corp, Sunopta, Inc., Skypeople Fruit Juice, Inc., Diana Naturals, Doehler Group, SVZ International B.V., Kanegrade Limited, the Ciatti Company Explore more reports on Food & Beverage market at © ; ; +1 888 391 5441 Juice Concentrates Market Global Trends and Forecast to 2021
  6. 6. Related Market Report Fruit & Vegetable Ingredients Market by Type (Concentrates, Pastes & Purees, NFC Juices, Pieces & Powders), Application (Beverages, Confectioneries, R.T.E, Bakery, Soups & Sauces, Dairy products), & by Region - Global Trend & Forecast to 2020 This research report is now available with Companies profiled in this report are Agrana Group, Archer Daniels Midland Company, Kerry Group PLC, Sensient Technologies Corporation, Olam International Limited, Sunopta, Inc., Diana S.A.S., Doehler Group, Sensoryeffects Ingredient Solutions and Svz International B.V. is now available at paste-puree-nfc-piece-powder-by-application-beverage-confectionery-r-t-e-bakery-soup- sauce-dairy-region-global-trend-f-market-report.html © ; ; +1 888 391 5441 Juice Concentrates Market Global Trends and Forecast to 2021
  7. 7. For more details contact Mr. Ritesh Tiwari.: / +18883915441 © ; ; +1 888 391 5441 RnR Market Research, an online repository of market research reports, offers in-depth analysis of over 5000 market segments. RnR Market Research library has syndicated reports by leading market research publishers across the globe. Juice Concentrates Market Global Trends and Forecast to 2021