Juice Concentrators Market increasing at a phenomenal pace to reach USD 17.41 Billion By 2032

04-Sep-2024 | Zion Market Research

According to the report, the global Juice Concentrators market size was valued at approximately USD 8.75 billion in 2023 and is predicted to reach around USD 17.41 billion by the end of 2032, expanding at a CAGR of around 7.1% from 2024 to 2032.

Several factors are propelling the market forward, including rising demand for natural plant-based ingredients, increased awareness and popularity of convenience foods and beverages, and increased use of fruit juice concentrate as a sugar substitute in bakery and confectionery.

The rising consumer demand for beverage and bakery products is compelling the global juice concentrates market forward. The global juice concentrates market is expected to grow due to the growing popularity of vegetable and fruit juices as a healthier alternative to aerated drinks among health-conscious consumers. The global juice concentrates market is expected to benefit from the rapid growth of the natural sweeteners market. The global juice concentrates market is expected to grow due to rising demand for juice concentrates in the beverage industry and as a sugar substitute in bakery products.

The presence of big players in the region supports North American dominance

The global market for fruit concentrates is primarily driven by North America, which has the largest market share and is experiencing steady growth. In the fruit concentrates market, Europe is a close second in terms of market share, followed by the rest of the world. In both developed and developing regions, the market is expected to continue to grow. The market for fruit concentrates is driven by rising demand for natural foods, as well as health and nutritional concerns about processed foods.

Several factors have contributed to the growth of the European juice concentrates market. Over the forecast period, rising health concerns and demand for functional beverage products in the regions are expected to boost demand for juice concentrate.

Some of key players juice concentrators market include Ingredion Incorporated (US), Archer Daniels Midland Company (US), Sudzucker AG (Germany), Louis Dreyfus Company (Netherlands), Doehler Group (Germany), SVZ International BV (The Netherlands), The Ciatti Company (US), Diana Naturals (US), Kanegrade Limited (UK), and Lemon Concentrate SL (Spain), among others. These players are set to bolster the development of the global juice concentrators market.

Browse the full “Juice Concentrators Market By Type (Fruit Juice Concentrates and Vegetable Juice Concentrates), By Application (Beverage, Dairy, Soup, Bakery and confectionery, and Dessert), By Form (Clear Concentrate, Powdered Concentrate, and Frozen Concentrate), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/juice-concentrates-market

The global juice concentrators market is segmented as follows:

By Type

  • Fruit Juice Concentrates
  • Vegetable Juice Concentrates

By Application

  • Beverage
  • Dairy
  • Soup
  • Bakery and confectionery
  • Dessert

By Form

  • Clear Concentrate
  • Powdered Concentrate
  • Frozen Concentrate

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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