Juice Concentrates Market worth $93.7 Billion by 2027 | Key Players are Archer Daniels Midland Company, Südzucker AG, Ingredion Incorporated, Sunopta Inc, Kerry Group PLC

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The global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period.

According to a research report „Markt für Saftkonzentrate by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single-, and Multi-Fruit and Vegetable), Form, and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. As a part of adopting a clean and healthy lifestyle, there is a rise in consumption of fruit and vegetable juice concentrates by consumers across the globe. The global market has also witnessed a rising demand for juice concentrates across different industries including food and beverages, bakery, dairy, and others. With this rising demand, the manufacturing players have come up with various innovations and products to support the rising need.

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Orangen werden während des Vorhersagezeitraums wertmäßig die höchste CAGR aufweisen

The ever-increasing demand for fruit juices in every corner of the world is the key factor driving the global growth of orange concentrate goods. Orange juice concentrates are rich in vitamin C. Immunity-boosting, cognitive-boosting, and mood-boosting beverages are in high demand, and consumers want these advantages in their beloved fruit juices as well. To emphasize functional component combinations, orange will be blended with various berry, botanical, and citrus elements. Rising demand for convenience products in developed regions of North America and Europe is leading to an increasing demand for orange concentrates.

Pulverförmige Konzentrate werden auf dem Bäckereimarkt für Anwendungen wie Aromastoffe stärker nachgefragt werden

Saftkonzentrate werden in der Bäckerei- und Konditoreiindustrie in Form von Süß- und Farbstoffen verwendet. Sie werden auch als Zuckerguss zur Dekoration von Backwaren wie Kuchen und Muffins verwendet. Die Verwendung von Saftkonzentraten bietet einen ausgewogenen und natürlichen Geschmack im Vergleich zu reinem Wasser. Die Hersteller betrachten Saftkonzentrate als geeigneten Ersatz für Zucker bei der Herstellung von Backwaren, und die Nachfrage nach Gesundheitsprodukten hat die Hersteller dazu veranlasst, innovative und neue Produkte für Verbraucher herzustellen, die bereit sind, für den Verzehr gesunder Backwaren einen höheren Betrag zu zahlen.

Bakery and confectionary manufacturers are incorporating fruit and vegetable components into their products to increase the nutritional content of the product, thereby attracting health-conscious consumers as well as a segment of consumers who want to indulge in these products but in a more mindful manner.

Es wird erwartet, dass das Getränkesegment den Markt für Saftkonzentrate dominieren wird

The beverage industry is one of the most flourishing industries in the world and is influencing the juice concentrates market globally. Manufacturers are introducing new and innovative products to the market to suit the demand of the people who prefer fruit flavors in their drinks. Moreover, the health-conscious public has a high demand for health and energy drinks which has further driven the juice concentrates market as juice concentrates provide the required nutrition in these drinks. There is a high demand for flavored milk in developed regions such as Europe, which has led to the demand for fruit concentrates in milk to satisfy the consumers taste buds.

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North America is projected to be the second largest market in juice concentrate industry.

The North American juice concentrates market has an important share in the markets of fruits such as cranberry, lime, and lemon. The markets within North America studied for this report are the US, Canada, and Mexico. The U.S. contributes to two-thirds of the global cranberry production, and hence, the number of manufacturers of cranberry concentrates in this country is high. The juice concentrate market in Canada faces competitive pressure and unfavorable consumer trends. The manufacturers are most strongly affected by the change in per capita income, health trends, prices of substitutes, and weather conditions. This is due to the geographic location of the country. The increased demand for convenience food products offers growth opportunities to juice concentrate manufacturers. Major players in the juice concentrate market in the region are also innovating their product offerings to improve their product portfolios.

The key players in this market include Archer Daniels Midland Company (US), Südzucker AG (Germany), Ingredion Incorporated (US), SunOpta, Inc (Canada), Kerry Group PLC (Ireland), IPRONA SPA (Italy), Symrise AG (Germany), Döhler Group SE (Germany), SVZ International B.V (Netherlands), and Kanegrade Limited (UK).

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