” the market will be driven by the consumers’ increasing prevalence towards plant based nutritive products.
Americas hold the Largest Market Share in the Cold Pressed Juice Market
The Americas region holds the largest market share and growth in the Cold Pressed Juice Market. The downpour of investments has made the market a hotspot and this is driving the market. The key product types in the region include orange, pineapple and grapes among others.
Selected Impact Analysis Done in the Full Report:
The top flavors of cold-pressed Juices are pineapple, orange, mango, strawberry, berry and apple.
Some of the recent trends in the Cold Pressed Juice Market include Labeling Changes and Product Packaging Changes among others.
Apart from the retail marketing, juice vendors are able to sell their products effectively through various sponsored programs, which is a healthy and progressive trend
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Excerpts on Market Growth Factors:
Cold-pressed juices extracted from mixed fruits & vegetables will continue to account for major chunk of global revenues, procuring nearly half a billion dollars by the end of 2023.
Berry, cabbage, and ginger exhibited most growth while strawberry and apple showed least.
The retail sector has nevertheless augmented the market to the fore.
With online shopping becoming more popular and easy, now-a-days, these cold-pressed juices are becoming more and more obtainable. This factor also is expected to drive the future market during the forecast period.
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Key players of Cold Pressed Juice Market:
The millennials are steering the market as the largest segment of consumers.
Coming to the key players of the market, Coca-Cola, Pepsico, Starbucks, Evolution Fresh (U.S.), Hain BluePrint Inc. (U.S.), The Cold Press Juicery (The Netherlands), Suja Life, LLC (U.S.)are considered as linchpins.
New product launches and partnerships are considered as game changers in the market. For example, Coca-Cola Co. invested around USD 90 million to buy 30% stake in Suja Life, an organic and cold-pressed juice maker. The company is trying to enter fast-growing niche segment of organic juice market by acquiring a minority stake in Suja Life LLC.
Browse Related Reports:
Juice Market: By Type (Fruit, Vegetable, Blends); By Concentration (100% juice, Juice drinks, Flavored juice, Nectars); By Distribution Channel (Supermarkets/Hypermarkets, Convenience stores, Specialty food stores, Online) & By Geography - Forecast (2017-2022)
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