About Fruit Beverages
This industry witness some challenges such as the coronavirus pandemic is expected to have a marginal impact on the food beverages market. The rapid increase in consumer health consciousness has condensed demand for commercial foods with synthetic beverages. Though, growth in consumption of convenience foods is expected to produce growth opportunities, particularly for natural beverages.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The manufacturers are exploring the market in new geographical regions by adopting various market growth strategies such as mergers & acquisitions, expansions, investments in research and developments, new product launches, and collaborations as their strategies. The market key players are exploring market growth opportunities through expansions and acquisitions across the globe to gain market competitive advantage through combined initiatives. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fruit Beverages market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tropicana (United States), PepsiCo (United States), Coca Cola (United States), Campbell Soup (United States), Langer Juice (United States), Ceres Fruit Juices (South Africa), Lassonde Industries (Canada), Del Monte Foods (United States), Parle Agro Private (India) and Nestle (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ocean Spray Cranberries (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fruit Beverages market by and Region.
On the basis of geography, the market of Fruit Beverages has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Nature, the sub-segment i.e. Organic will boost the Fruit Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Hypermarket/Supermarket will boost the Fruit Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Canned & Fresh will boost the Fruit Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sugar Content, the sub-segment i.e. High Sugar Content will boost the Fruit Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for the Yellow Citrus and Exotic Fruits Beverages and High Adoption of Sugar-Free Beverages
Market Growth Drivers:
Increase in Demand for Non-Alcoholic Fruit Beverages and The Rise in Awareness Towards Healthy Beverages
Challenges:
Fluctuation in Price of Raw Materials and High Cost Required to Enter in this Market
Restraints:
Disruption in Supply Chain Because of COVID-19 Pandemic
Opportunities:
Increase in Market Competencies and Development in Packaging Technology
Market Leaders and their expansionary development strategies
In July 2023, Doehler Group has acquired SVZ, a producer and supplier of liquid fruit and vegetable ingredients for the food and beverage industry. The company is known for its sustainably sourced vegetables and red berries.
In Feb 2021, IFF announced the merger with DuPont’s Nutrition & Biosciences. Through this combination, they will create high-value ingredients and solutions for the Food & Beverage. Through this initiative, they become more competitive in the market.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Atrial Fibrillation Surgery Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.