Overview
The cold pressed juice market analysis is predicted to register a CAGR of 9.50% during the 2018 to 2023 forecast period. A market research report predicts a US$3.50 billion valuation of the market by 2023. The growth is anticipated to be supported by escalating health consciousness. Based on the report, the increasing demand for "clean-label and natural" beverages will drive growth in the market in the coming years till 2023. However, complex processing & high cost will negatively affect the cold pressed juice market’s growth. The escalated costs associated with the manufacturing of cold pressed juices are anticipated to be another factor which could turn out to be a threat to companies during 2018 to 2023. The market report based on primary and secondary data reveals that type, distribution channel, and category segments will witness a healthy growth till 2023. While product customizations and enhanced functionality will support the market during the forecast period and rising demand for "on-the-go" beverages will also help the market globally, the growth could be affected by limited widespread availability which could hinder business activities. Growing concerns regarding the cost is also expected to be responsible for stalled market growth till 2023.
Competitive Landscape
Cold pressed juice based companies have been studied and profiled in the market research report. The cold pressed juice market size along with its segments and key players has been studied. Cold pressed juice business analysis is done to identify competitors and their strategies. The global cold pressed juice market analysis research report covers core values, strengths and other key factors about cold pressed juice related companies. Competitors to help comprehend their mission, vision, core values, niche market, strengths, and weaknesses. The increased demand for on-the-go beverages is set to help the market during the forecast period 2018 to 2023. The market is anticipated to reach a higher valuation of US$3.50 billion with a CAGR of 9.50%. However, the lack of awareness will prove to be affecting the cold pressed juice market size.
The major players of the Cold Pressed Juice Market are mentioned below: -
· Suja Life, LLC,
· CEDAR Juices,
· Bolthouse Farms Canada Inc.,
· Greenhouse Juice Co
· PepsiCo Inc.,
· Liquiteria Inc.,
· Hain Celestial Group,
· Evolution Fresh,
Access Report @ https://www.marketresearchfuture.com/reports/cold-pressed-juice-market-2020
Market Segmentation
The cold pressed juice market analysis is categorized into smaller segments such as type, distribution channel, and category in order to analyze the market. The type, distribution channel, and category segments are then categorized further. The type segment is categorized into fruits, vegetables, and blends. Analysts have studied these sub segments. Based on the distribution channel, the global market is further segmented into store-based and non-store based. Based on the study of these segments, analysts have shared market forecasts. On the basis of category, the market is segmented into smaller segments including conventional and organic.
The accessibility to product options will drive growth in the market during the forecast period 2018 to 2023. Across all the segments including type, distribution channel, and category, the global market for cold pressed juice will witness a healthy growth. However, factors such as the lack of awareness could become a threat to the market’s growth. Economic activities surrounding the cold pressed juice sector will also get benefitted from the consumer base's fast-paced lifestyle. Businesses across cold pressed juice have been thoroughly studied and analyzed by cold pressed juice industry’s expert researchers. Findings have been published in the cold pressed juice market research report with forecasts till 2023.
Regional Overview
The cold pressed juice market share, apart from the product and service related segments, is spread across the world. The regional markets of cold pressed juice covered in the report are North America, Europe, Asia-Pacific, the Middle East and Africa as well as the rest of the world. The increased call for clean label products is set to be a key growth factor for businesses active in the cold pressed juice space. The market across North America is segmented into the United States, Mexico, Canada, and others. Regional markets in the cold pressed juice sector across the European market are segmented into Germany, Italy, the United Kingdom, and France. The market in the APAC region is segmented into India, China, Japan, and others. cold pressed juice based businesses across the world will be supported by increased functionality benefits during the forecast period 2018 to 2023. However, the growth could be hindered by the availability of alternative solutions. The market is also segmented into the Middle East and Africa regions among others.
Industry News
Slater went on to co-found Pressed Juicery, a cold-pressed juice business with a sales forecast of over $75 million for fiscal year 2019. It also offers smoothies, bottled juices, and soft-serve frozen strawberries. In 2017, the demand for cold-pressed juice was reported to be worth $4.3 billion. It is predicted to cross $8 billion by 2024. Despite the popularity of Pressed Juicery in that market, CEO Hayden Slater has had his share of losses, including a job 180, a health department closure, and two FDA run-ins.
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