About Fruit Cup
Fruit cup is a specialty drink designed to be made into a long drink with the addition of a soft drink such as lemonade or ginger ale. It is a healthy option as it contains vitamins and minerals. These cups are typically marketed for summer months. These cups are served with fruit as a cocktail garnish to the drink and to improve the flavor. The factors such as High Health Benefits of the Fruit Cup and the Increased Number of Health Conscious People are driving the global fruit cup market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Fruit Cup 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.
Conagra Brands, Inc. (United States), Dole Food Company, Inc. (United States), Seneca Foods Corporation (United States), RFG Holdings (South Africa), Heinz (United States), Del Monte Foods, Inc. (United States), Ardo NV (Belgium), CHB Group (Greece), Kangfa Foods (China) and Shandong Wanlilai Food Limited Company (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kronos SA (Greece), Tropical Food Industries Co. Ltd (Thailand) and SunOpta, Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Fruit Cup market by Type (Peaches Cup, Pineapple Cup, Pears Cup, Mixed Cup and Others) and Region.
On the basis of geography, the market of Fruit Cup 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). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Fruit Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavors, the sub-segment i.e. Apple will boost the Fruit Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Disposable Income of the People
Market Growth Drivers:
High Health Benefits of the Fruit Cup and Increased Number of Health Conscious People
Challenges:
Availability of Alternatives in the Market
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the Food and Beverage Industry Worldwide and Robust Increase In the Distribution Channel
Market Leaders and their expansionary development strategies
In December 2022, Mars, Incorporated, a family-owned, global leader in confectionery, snacking, food, and pet care products and services announced that it has signed an agreement to acquire Trü Frü, a high-growth, better-for-you, whole-fruit snacking brand from its founders and management team.
In August 2021, Del Monte Foods, Inc., has launched a new snacking innovation, Del Monte Fruit Infusions, expanding the brand's presence in the produce refrigerated aisle. The new line of products incorporates fruit chunks infused with antioxidants. The snacks aim to offer a smart and convenient snacking solution for those returning to their busy lives, according to the company.
Key Target Audience
Fruit Cup Manufacturers, Raw Material Suppliers, Distributors and End-users
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.