Apple juice concentrate helps in curing various health issues and maintaining overall wellness. It is commonly used for juices, soft drinks, baked goods and various other food and beverage products owing to its nutritional advantages and rich taste. Apple juice concentrate supports cardiovascular health, improves digestion and provides antioxidants which help in fighting cancer and other chronic diseases.
The global Apple Juice Concentrate Market is estimated to be valued at US$ 3.5 Billion in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing health awareness among consumers has been a major driving factor for the growth of apple juice concentrate market. Consumers are increasingly choosing apple juice concentrate as it provides nutrients and health benefits compared to carbonated sodas and artificial fruit drinks. Awareness about risks of chronic diseases like diabetes, obesity and cardiovascular issues has encouraged consumers to switch to healthy drinks made from apple juice concentrate. Manufacturers are focusing on introducing more functional apple juice concentrates targeted towards specific health needs which is further attracting health conscious consumers and propelling the market growth.
Segment Analysis
The global apple juice concentrate market is dominated by the single-strength segment. This is because single-strength apple juice concentrate contains lesser sugar content as compared to double-strength or triple-strength concentrates. It retains most of the natural apple flavors and provides nutrition of fresh apples with moderate levels of preservatives and sugar added. As consumer demand for healthy beverage options rises, the single-strength segment is expected to continue dominating the market over the forecast period.
Key Takeaways
The Global Apple Juice Concentrate Market Demand is expected to witness high over the forecast period of 2023 to 2030. The global Apple Juice Concentrate Market is estimated to be valued at US$ 3.5 Billion in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030.
Regional analysis comprises:
North America holds the largest share in the global apple juice concentrate market currently. This is owing to high consumption of apple juice and juice blends in the region. The U.S. is the largest producer and consumer market for apple juice globally. However, Asia Pacific is expected to emerge as the fastest growing regional market. Increasing health-consciousness and rising disposable incomes are driving demand for nutritious and healthy beverage options like apple juice in countries like China and India.
Key players related content comprises:
Key players operating in the apple juice concentrate market are Northwest Naturals LLC, Saipro Biotech Private Limited, Kerr Concentrates Inc., Welch's, Tree Top Inc., Dohler, Apple & Eve, Louis Dreyfus Company, Naturalia Ingredients SRL.
Get more insights on this topic: https://www.trendingwebwire.com/apple-juice-concentrate-market-size-and-share-analysis-growth-trends-and-forecasts/
Explore more information on this topic, Please visit:
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the apple juice concentrate market include Ingredion Incorporated, Welch’s, H Products Company, Ve.Ba.
Cooperativa Ortofrutticola S.C., Louis Dreyfus Holding B.V., Döhler, Sonnländer, LemonConcentrate S.L., and Tree Top, Inc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Apple Juice Concentrate Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/apple-juice-concentrate-market/download-sampleMarket DynamicsThe factors pushing the global apple juice concentrate market are rise in demand for products that are natural and plant-based, the convenience of use, and its growing popularity as a healthy replacement for carbonated soft drinks and as a substitute to refined sugar in bakery and confectionary items.
Increasing awareness about the health risk of consuming added sugar has fueled the demand for fruit-extracted sugar, which is also identified as de-ionized fruit juice concentrate, for instance, apple juice concentrate.
However, an insufficient supply of raw materials, increasing preference for cold-pressed as well as Not From Concentrate (NFC) juices may hamper the apple juice concentrate market to some extent.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
