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Cold Pressed Juices Market Analysis: Projected Growth and Trends 2023-2027

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Ratul Sarkar
Cold Pressed Juices Market Analysis: Projected Growth and Trends 2023-2027

Originally Published on Technavio | Cold Pressed Juices Market by Product, Type and Geography - Forecast and Analysis 2023-2027

 

The Cold Pressed Juices Market is anticipated to witness substantial growth, with a projected increase of USD 385.22 million and an estimated Compound Annual Growth Rate (CAGR) of 7.22% from 2022 to 2027.

 

Market Dynamics:

This report on the cold-pressed juices market provides a detailed analysis of market segmentation by product (conventional and organic), type (fruit and vegetable blend juices, fruit juices, and vegetable juices), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). It draws insights from historical data spanning 2017 to 2021 and assesses the current market scenario.

 

Market Growth Drivers:

Organized retailing of cold-pressed juices emerges as a significant catalyst for market growth. The proliferation of hypermarkets, supermarkets, specialty stores, and similar retail channels has led to increased accessibility and demand for healthy drinks, including cold-pressed juices. The report highlights the positive impact of changing consumer lifestyles and the role of organized retailing in boosting the global cold-pressed juices market during the forecast period.

 

Market Overview:

The Cold Pressed Juices Market is characterized by an accelerated CAGR during the forecast period. The report offers an in-depth exploration of emerging trends, including the increasing partnerships between market vendors and food delivery service providers. Collaborations between companies and food delivery services are facilitating market expansion by tapping into a wider customer base.

 

Challenges:

Fluctuations in raw material prices pose a significant challenge to market growth. Fruits and vegetables, essential raw materials for cold-pressed juices, constitute a substantial share of operating expenditures. Volatility in raw material prices, influenced by factors like seasonal fluctuations and supply chain disruptions, can impact production costs and profitability for manufacturers.

 

Segmentation Insights:

- Type: Cold-pressed fruit and vegetable blend juices are anticipated to witness increased demand due to the amalgamation of vital nutrients. The report emphasizes the growing preference for juices made from superfruits, contributing to the market growth in the US.

- Product: The conventional segment, valued at USD 400.19 million in 2017, is expected to experience significant growth due to lower production costs. However, consumer health awareness may lead to a shift towards the organic segment over the forecast period.

 

Regional Analysis:

North America is estimated to contribute 41% to global market growth, with a focus on the US and Canada. The report highlights trends such as the rising popularity of cold-pressed juices among millennials, driven by health consciousness and a preference for organic and raw food products.

 

Company Landscape:

Key players in the market are adopting various strategies, including alliances, mergers, and product launches, to strengthen their market presence. The report provides insights into 20 market companies, including Campbell Soup Co., Garden Bar, Greenhouse Juice Co., Kuka Juice LLC, PepsiCo Inc., and Starbucks Corp.

 

Segment Overview:

The report forecasts market growth by revenue globally, regionally, and at the country level, offering insights into trends and growth opportunities from 2017 to 2027.

 

Product Outlook:

- Conventional

- Organic

 

Type Outlook:

- Fruit and vegetable blend juices

- Fruit juices

- Vegetable juices

 

Region Outlook:

- North America (The U.S., Canada)

- South America (Brazil, Chile, Argentina)

- Europe (The U.K., Germany, France, Rest of Europe)

- APAC (China, India)

- Middle East & Africa (Saudi Arabia, South Africa, Rest of MEA)

 

To Learn deeper into this report , View Sample PDF

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