Fruit And Vegetable Juice Market - Forecast(2023 - 2028)

Report Code: FBR 82876 Report Format: PDF + Excel

Fruit And Vegetable Juice Market Overview:

The Fruit and Vegetable Juice Market size is projected to reach $231 billion by 2030, growing at a CAGR of 6.4% during the forecast period 2023-2030. The fruit and vegetable juice industry has witnessed significant growth as this is considered a naturally sourced nutritious food with the ability to boost immunity. For example, 240ml of Pomegranate juice contains 22% of the DV of Vitamin K and 12% of the DV of potassium which helps in improving the heart health of older people, helps people combat a variety of health issues and strengthen immunity.

Rising demand for organic food and sugar-free fruit juices and the development of fruit and vegetable blends, flavored nutritional juices and cold-pressed juices are some of the Fruit and Vegetable Juice market trends driving the Fruit and Vegetable Juice Industry. According to food navigator, the sale of natural and organic food & beverages would surpass $300 billion by 2024 and $400 billion by 2030 in the U.S. market. These factors positively influence the Fruit and Vegetable Juice Industry Outlook.

Market Snapshot:


Fruit And Vegetable Juice Market - Report Coverage:

The “Fruit And Vegetable Juice Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Fruit and Vegetable Juice Market.

Attribute

Segment

By Product Type

  • Fruit Juice

  • Vegetable Juice

  • Fruit and Vegetable Blend

  • Nectar

By Category

  • Carbonated

  • Non-Carbonated

By Flavor

  • Fruit Flavor

  • Vegetable Flavor

By Distribution Channel

  • Supermarkets and Hypermarkets

  • Convenience Stores

  • Specialty Stores

  • E-Commerce

  • Hotels

  • Cafes

  • Restaurants

  • Others

By Geography

  • North America (the US, Canada and Mexico)

  • Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

  • The Rest of the World (the Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis: 

  • The outbreak of COVID-19 encouraged consumers to adopt healthy and organic food products, including fruit and vegetable juice, as a part of their diet to boost their immunity. As these nutritional juices provide health benefits and boost immunity, the demand had significantly increased during the pandemic.
  • Russia’s invasion of Ukraine is causing disruption across the markets. On the 28th of February 2022, Ukrainian fruit and vegetable exports came to a halt due to supply chain issues, which are tightening the supplies available on the market. As a result, the fruit and vegetable juice market has seen significant damage.

Key Takeaways:

Dominance of North American Region

Geographically, North America held the largest Fruit and Vegetable Juice market share (34.7%) of the overall market in 2022. Easy product availability due to the presence of large and multiple supermarkets is bolstering this region’s presence in the global Fruit and Vegetable Juice industry.

Vegetable Juice segment to register the highest growth

According to Fruit and Vegetable Juice market forecast, the vegetable juice segment is estimated to grow at the highest CAGR of 7.3% during the forecast period of 2023-2030. The demand for vegetable juice has skyrocketed due to its low calorie, higher mineral content, microelements, sugar content and other health advantages.

Growing E-commerce Distribution Channel

Based on Distribution Channel, the E-commerce segment is estimated to grow at the fastest CAGR of 8.7% during the forecast period 2023-2030. This fast growth can be attributed to the ease of availability of a wide selection of products in various flavors given by all brands at reasonable discounts. Also, they offer benefits such as home delivery, discount and cashback services.

Proliferation of Preservative-free & Sugar-free Beverages

Due to the high incidence of diabetes across the global population, fruit and vegetable juice manufacturers are focusing on producing preservative-free and sugar-free fruit juices, which would drive the market forward during the forecast period. According to IDF, in 2021, approximately 537 million adults (20-79 years) were living with diabetes.

Functional Fruit and Vegetable Juices

The fruit and vegetable juice industry is using functional ingredients such as omega-3 fatty acids, fiber and probiotic bacteria to develop new products. According to LinchpinSEO, 24% of consumers stated that they drink juices containing probiotics which helped fortify their gut health. Vitamin D, vitamin E, vitamin A and vitamin C are just a few of the vitamins found in fruit juices. This contributes to the Fruit and Vegetable juice market growth.

Side Effects of Synthetic Flavors

According to the Fruit and Vegetable Juice Market analysis, the synthetic flavor enhancers used in some of the fruit and vegetable juices cause several harmful side effects such as migraine, fatigue, dehydration, obesity and many more. Obesity is a rising concern among many nations. In the U.S., 36.4% of all adult males are obese. Such harmful effects of synthetic additives are hampering the market growth.

Fruit And Vegetable Juice Market: Market Share (%) by region, 2022
Fruit And Vegetable Juice Market
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Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Fruit and Vegetable Juice Market. The top 10 companies in this market include:

  1. Del Monte Foods (Stay Well, Happy Hearts)
  2. PepsiCo, Inc. (Tropicana Caribbean Sunset, Tropicana Pina Colada)
  3. Nestle S.A (Fruita Vitals Apple, Fruita Vitals Chaunsa Mango Nectar)
  4. Welch Foods Inc. (Welch Light Concord Grape, Welch White Grape Peach)
  5. Ocean Spray Cranberries, Inc. (Ocean Spray Cranberry Classic, Ocean Spray White Cranberry)
  6. Dr. Pepper Snapple Group (Sunkist Mixed Fruit, Sunkist Orange)
  7. Tampico Beverages (Tampico Island Punch, Tampico Zero Sugar Citrus Punch)
  8. Dole Packaged Foods (Dole Tropical Fruit Punch, Dole Plus Orange Juice)
  9. The Kraft Heinz Company (Capri Sun 100% Fruit Punch, Capri Sun 100% Berry and Apple)
  10. Suntory Holding Limited (Natchan! Grape Juice, Natchan! Orange Juice)

Scope of Report:

Report Metric

Details

Base year considered

2022

Forecast period

2023–2030

CAGR

Growing at the rate of 6.4%

Market size

231 billion USD

Segments Covered

Product Type, Category, Flavour, Distribution Channel and Region.




Geographies covered

North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).






Key market players

1. Del Monte Foods

2. PepsiCo, Inc.

3. Nestle S.A

4. Welch Foods, Inc.

5. Ocean Spray Cranberries, Inc.

6. Dr. Pepper Snapple Group

7. Tampico Beverages

8. Dole Packaged Foods

9. The Kraft Heinz Company

10. Suntory Holdings Limited.

Frequently Asked Questions

i. What is the growth rate of the Fruit and Vegetable Juice market during the forecast period?
The Fruit and Vegetable Juice is estimated to grow at a CAGR of 6.4% during the forecast period 2023-2030.

ii. What is the predicted growth of the Global Fruit and Vegetable Juice Market size from 2022 to 2030?
The Global Fruit and Vegetable Juice Market size is estimated at US$149 billion in 2022. It is projected to reach US$231 billion by 2030.

iii. What are the leading market players in Fruit and Vegetable Juice Market?
Del Monte Foods, PepsiCo, Inc., Nestle S.A, Welch Foods Inc. and Ocean Spray Cranberries, Inc. are the leading market players in the Fruit and Vegetable Juice Market.

iv. What are the major trends that would shape the future market?
The rising popularity of cold-pressed juice among high-end consumers and the emergence of children-oriented juice products are some of the major Fruit and Vegetable Juice market trends that are expected to shape the future market.

v. What are the driving factors and opportunities in the market?
The trend towards a healthy diet, growing demand for preservative-free, sugar-free fruit juices and high demand for fortified juices are propelling the market growth.

Relevant Reports:

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1. Fruit And Vegetable Juice Market - Overview
    1.1 Definitions and Scope
2. Fruit And Vegetable Juice Market - Executive Summary
3. Fruit And Vegetable Juice Market - Comparative Analysis
    3.1 Company Benchmarking - Key Companies
    3.2 Global Financial Analysis - Key Companies
    3.3 Market Share Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4 Fruit And Vegetable Juice Market - Start-up Companies Scenario (Premium)
    4.1 Key Start-up Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Fruit And Vegetable Juice Market – Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Fruit And Vegetable Juice Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porter's Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Fruit And Vegetable Juice Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Fruit And Vegetable Juice Market – by Product Type (Market Size – $Million/$Billion) 
    8.1 Fruit Juice
        8.1.1 Mango
        8.1.2 Apple
        8.1.3 Guava
        8.1.4 Pomegranate
        8.1.5 Grape
        8.1.6 Orange
        8.1.7 Lemon
        8.1.8 Others
    8.2 Vegetable Juice
        8.2.1 Carrot
        8.2.2 Beetroot
        8.2.3 Tomato
        8.2.4 Pumpkin
        8.2.5 Others
    8.3 Fruit And Vegetable Blend
    8.4 Nectar
9. Fruit And Vegetable Juice Market – by Category (Market Size – $Million/$Billion) 
    9.1 Carbonated
    9.2 Non-Carbonated
10. Fruit And Vegetable Juice Market – by Flavor (Market Size – $Million/$Billion) 
    10.1 Fruit flavor
    10.2 Vegetable flavor
11. Fruit And Vegetable Juice Market – by Distribution Channel (Market Size – $Million/$Billion
    11.1 Supermarkets and Hypermarkets
    11.2 Convenience Stores
    11.3 Specialty Stores
    11.4 E-commerce
    11.5 Hotels
    11.6 Cafes
    11.7 Restaurants
    11.8 Others
12. Fruit And Vegetable Juice Market – by Geography (Market Size – $Million/$Billion) 
    12.1 North America
        12.1.1 The U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 The UK
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 The Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 The Rest of Asia-Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 The Rest of South America
    12.5 The Rest of the World
        12.5.1 The Middle East
        12.5.2 Africa
13. Fruit And Vegetable Juice Market – Entropy
14. Fruit And Vegetable Juice Market – Industry/Segment Competition Landscape Premium 
    14.1 Market Share Analysis
        14.1.1 Market Share by Product Type – Key Companies
        14.1.2 Market Share by Region – Key Companies
        14.1.3 Market Share by Country – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Fruit And Vegetable Juice Market – Key Company List by Country Premium Premium 
16. Fruit And Vegetable Juice Market - Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
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LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Product Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Fruit Juice Market 2019-2024 ($M)
1.1.2 Vegetable Juices Market 2019-2024 ($M)
1.1.3 Nectar Market 2019-2024 ($M)
1.2 By Distribution Channel Market 2019-2024 ($M) - Global Industry Research
1.2.1 Supermarkets/Hypermarkets Market 2019-2024 ($M)
1.2.2 Specialty Stores Market 2019-2024 ($M)
1.2.3 Convenience Stores Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Product Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Fruit Juice Market 2019-2024 (Volume/Units)
3.1.2 Vegetable Juices Market 2019-2024 (Volume/Units)
3.1.3 Nectar Market 2019-2024 (Volume/Units)
3.2 By Distribution Channel Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Supermarkets/Hypermarkets Market 2019-2024 (Volume/Units)
3.2.2 Specialty Stores Market 2019-2024 (Volume/Units)
3.2.3 Convenience Stores Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Fruit Juice Market 2019-2024 ($M)
5.1.2 Vegetable Juices Market 2019-2024 ($M)
5.1.3 Nectar Market 2019-2024 ($M)
5.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Supermarkets/Hypermarkets Market 2019-2024 ($M)
5.2.2 Specialty Stores Market 2019-2024 ($M)
5.2.3 Convenience Stores Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Fruit Juice Market 2019-2024 ($M)
7.1.2 Vegetable Juices Market 2019-2024 ($M)
7.1.3 Nectar Market 2019-2024 ($M)
7.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Supermarkets/Hypermarkets Market 2019-2024 ($M)
7.2.2 Specialty Stores Market 2019-2024 ($M)
7.2.3 Convenience Stores Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Fruit Juice Market 2019-2024 ($M)
9.1.2 Vegetable Juices Market 2019-2024 ($M)
9.1.3 Nectar Market 2019-2024 ($M)
9.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Supermarkets/Hypermarkets Market 2019-2024 ($M)
9.2.2 Specialty Stores Market 2019-2024 ($M)
9.2.3 Convenience Stores Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Fruit Juice Market 2019-2024 ($M)
11.1.2 Vegetable Juices Market 2019-2024 ($M)
11.1.3 Nectar Market 2019-2024 ($M)
11.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Supermarkets/Hypermarkets Market 2019-2024 ($M)
11.2.2 Specialty Stores Market 2019-2024 ($M)
11.2.3 Convenience Stores Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Fruit Juice Market 2019-2024 ($M)
13.1.2 Vegetable Juices Market 2019-2024 ($M)
13.1.3 Nectar Market 2019-2024 ($M)
13.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Supermarkets/Hypermarkets Market 2019-2024 ($M)
13.2.2 Specialty Stores Market 2019-2024 ($M)
13.2.3 Convenience Stores Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
2.Canada Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
3.Mexico Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
4.Brazil Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
5.Argentina Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
6.Peru Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
7.Colombia Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
8.Chile Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
9.Rest of South America Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
10.UK Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
11.Germany Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
12.France Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
13.Italy Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
14.Spain Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
16.China Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
17.India Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
18.Japan Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
19.South Korea Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
20.South Africa Fruit And Vegetable Juice Market Revenue, 2019-2024 ($M)
21.North America Fruit And Vegetable Juice By Application
22.South America Fruit And Vegetable Juice By Application
23.Europe Fruit And Vegetable Juice By Application
24.APAC Fruit And Vegetable Juice By Application
25.MENA Fruit And Vegetable Juice By Application