Global concentrated fruit juice market report published by Accurize Market Research forecast that the global market is expected to reach $90 billion by 2025; growing at a CAGR of 6.2% from 2017 to 2025. By geography, the Asia Pacific and RoW are expected to grow at a CAGR of 7.2% and 6.4%, respectively, during the forecast period.

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Rising demand for the high scale of volume in the beverage industry across the globe to drive the growth of the market

Rising demand for the high scale of volume in the beverage industry and reduced logistical & storage cost fuel the demand for the global concentrated fruit juice market. Moreover, from the bakery sector and altering food preferences, as a substitute for sugar also boosts the growth of the market.

Market Segmentation

The global concentrated fruit juice market has been bifurcated on the basis of product type, application, and geography. By product type, it is segmented into carbonate stable, clarified, and alcohol stable. The application can be segmented into bakery, beverage, dairy, confectionery, and other applications.

By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico wherein Europe covers the UK, Germany, France, Italy, Spain, and Rest of Europe. China, Japan, India, and Rest of Asia-Pacific are covered under the Asia-Pacific. Rest of the World (RoW) includes South America, the Middle East, and Africa.

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“Clarified accounted for the largest market share in the product type segment", says Accurize

By product type, clarified accounted for the largest market share in 2017, in the product type segment, and is expected to continue its dominance during the forecast period 2017 – 2025, owing to increasing health awareness among consumers and increasing the use of these juices in many food recipes.

“Beverage accounted for the largest market share in the application segment", says Accurize

By application, beverage accounted for the largest market share in 2017, in the application segment, and is expected to continue its dominance during the forecast period 2017 – 2025. The growth is seen due to large-scale applications of concentrated fruit juice in foods and increasing demand for fruit juice-based beverages.

“Europe dominated the global market with the highest market share over the forecast period", says Accurize

In 2017, Europe dominated the global market with the largest market share of 37% and expected to continue its dominance during the forecasted period, owing to technological developments in the food processing industry in this region.

Top players in the market

The key market players include Global Concentrated fruit juice includeArcher Daniels Midland Company, SVZ Industrial Fruit & Vegetable Ingredients, Ingredion Incorporated, Future FinTech Group Inc., SunOpta, Diana Group, Sudzucker AG, AGRANA Beteiligungs-AG, Döhler, and Ciatti Company, among others.