The vegetable juice concentrates market is expected to register a CAGR of 6% during 2023–2031. The increasing demand for organic and clean-label products is likely to be the trend in the vegetable juice concentrates market.
Vegetable Juice Concentrates Market Analysis:
- The vegetable juice concentrates market exhibits steady growth due to rising consumer demand for healthy and convenient beverages. The key driving factors include the healthy lifestyles of consumers, the fast pace of life, and major applications of concentrates in many types of food and beverage.
- Market players are paying attention to product innovation and following the latest trend to introduce some highly natural and organic products to their customer groups. The region of Asia-Pacific will see the highest market share in the forecast period due to the fastest-growing urbanization and upgrading of dietary habits.
Vegetable Juice Concentrates Market Overview
- Vegetable juice concentrates are vegetable juices from which most of the water has been extracted. Depending on the type of vegetable used, it offers essential nutrients like minerals and vitamins.
- The vegetable juice concentrates are highly processed in comparison to the raw juices. The water is extraction in juice concentrates as it helps in reducing bacterial growth. They are generally stored at frozne or room temperature and then diluted in filtered water before being consumed.
- Also, the concentrates are rich in vitamin C and other antioxidants that help promote skin health and slow the effects of skin aging. It is usually consumed by the consumers as a healthy alternative to the freshly squeezed juice.
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Vegetable Juice Concentrates Market: Strategic Insights
Vegetable Juice Concentrates Market
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Growing Application of Vegetable Juice Concentrates
- Strategic Initiatives by Key Players
FUTURE TRENDS
- Increasing Demand for Natural Food Products
OPPORTUNITIES
- Increasing Demand for Organic and Clean Label Products
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Form
- Powder
- Liquid
Category
- Organic
- Conventional
Application
- Bakery and Confectionery; Beverages; Soups
- Sauces
- Condiments; Dairy and Frozen Dessert;
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Vegetable Juice Concentrates Market: Strategic Insights
-
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Growing Application of Vegetable Juice Concentrates
- Strategic Initiatives by Key Players
- Increasing Demand for Natural Food Products
- Increasing Demand for Organic and Clean Label Products
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Powder
- Liquid
- Organic
- Conventional
- Bakery and Confectionery; Beverages; Soups
- Sauces
- Condiments; Dairy and Frozen Dessert;
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Vegetable Juice Concentrates Market Drivers and Opportunities
Growing Application of Vegetable Juice Concentrates
- In the beverage industry, these concentrates are more popular in functional drinks and smoothies, which are appearing as a visible trend in consumer consuming habits in global markets, simply for the benefit of ready-to-use convenient nutrition.
- Food manufacturers are increasingly using concentrates from vegetables as natural additives to boost flavor and color in sauces, soups, crackers, snacks, or other products. Meanwhile, bakers add vegetable concentrates for flavor and color in all sorts of breads and other baked goods since consumers have become more interested in labels with no artificial ingredients.
- Nutraceuticals include vegetable juice concentrates, which are being added to dietary supplements so that consumers can easily consume a high concentration of nutrients. Concentrates are similarly being used in the growth of convenience foods as a way to increase the nutrient profile of ready-to-eat meals for the increasing number of health-conscious consumers who demand packaged products.
Increasing Demand for Natural Food Products
- The escalating demands for natural food products were creating several business opportunities, one of which is vegetable juice concentrates. Consumers were increasingly seeking foods and drinks with clean-label and minimally processed elements, prompting manufacturers to make use of natural ingredients.
- Vegetable juice concentrates can provide a natural alternative to artificial additives, thus bringing additional advantages: consumers are often attracted to natural flavors, colors, and nutrients, while food and beverage companies can deliver the natural products that consumers demand.
Vegetable Juice Concentrates Market Segmentation
The scope of the global vegetable juice concentrates market is segmented based on form, category, and application.
- On the basis of form, the market is segmented into powder and liquid.
- On the basis of category, the market is segmented into organic and conventional.
- Based on application, the vegetable juice concentrates market is classified into bakery and confectionery; beverages; soups, sauces, and condiments; dairy and frozen dessert; and others.
Vegetable Juice Concentrates Market Share Analysis by Geography
- The vegetable juice concentrates market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering vegetable juice concentrates market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter's Five Forces analysis, which involves the study of major factors that influence the vegetable juice concentrates market in these regions.
Vegetable Juice Concentrates Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ XX Million
Market Size by 2031
US$ XX Million
Global CAGR (2023 - 2031)
6%
Historical Data
2021-2023
Forecast period
2024-2031
Segments Covered
By Form - Powder
- Liquid
By Category - Organic
- Conventional
By Application - Bakery and Confectionery; Beverages; Soups
- Sauces
- Condiments; Dairy and Frozen Dessert;
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Ciatti Company Berrifine A/S ADM AGRANA Beteiligungs-AG Dohler Kanegrade CitroGlobe S.r.l. INGREDION SVZ Industrial Fruit and Vegetable Ingredients IPRONA SpA
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 6% |
Historical Data | 2021-2023 |
Forecast period | 2024-2031 |
Segments Covered |
By Form
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Vegetable Juice Concentrates Market News and Recent Developments:
The vegetable juice concentrates market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- Austria Juice showcased its latest organic juice concentrates and compounds at BioFach 2023, including a new pomegranate berry mix and lime guava drink. FoodIngredientsFirst spoke with Kai Oliver Antonius, a member of the board and CSO of added value for Austria Juice. (Source: Newsletter, Article, February 2023)
Vegetable Juice Concentrates Market Report Coverage and Deliverables
The "Vegetable Juice Concentrates Market Size and Forecast (2021 – 2031)" provides a detailed analysis of the market covering below areas:
- Vegetable juice concentrates market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Vegetable juice concentrates market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Vegetable juice concentrates market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the vegetable juice concentrates market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The leading players operating in the vegetable juice concentrates market are Ciatti Company, Berrifine A/S, ADM, AGRANA Beteiligungs-AG, Dohler, Kanegrade, CitroGlobe S.r.l., INGREDION, SVZ Industrial Fruit and Vegetable Ingredients, and IPRONA SpA.
The increasing demand for organic and clean-label products is likely to be the trend in the vegetable juice concentrates market.
The global vegetable juice concentrates market is estimated to grow above 6% during the forecast period 2024-2031.
The growing application of vegetable juice concentrates is one of the major factors driving the vegetable juice concentrates market.
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The List of Companies
1. Agrana Beteiligungs Ag
2. Archer Daniels Midland Company
3. China Haisheng Juice Holdings Co. Ltd.
4. DOHLER GmbH
5. FruitSmart
6. Ingredion Incorporated
7. Kanegrade
8. Northwest Naturals LLC
9. SunOpta Inc.
10. SVZ