About Grape Juice Concentrate
The grape juice concentrate is high-quality grape juice concentrate. Typically Sicilian grape varieties are used widely in preparing grape concentrate. The Grape Juice Concentrate is a frozen, concentrated form of fruit extract which is made available in various possible ways. The grape juice has some of the medicinal benefits such as prevention of heart disorders, diabetic treatments, obesity control, and cancer prevention. The grapes are significantly rich in antioxidants properties. Fruit juices are always at the top in a healthy diet intake. Red and white wines both are always in demand because of changing climatic conditions and changes in lifestyle wines are in demand. Manufacturers are very well aware of the fruit concentrations emerging market and its increasing worldwide demand for red and white grape juice concentrate.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Grape Juice Concentrate 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.
Milne Fruit Products (United States), Kerr Concentrates Inc (United States), Dohler (Germany), Welch’s(United States), Patagonia Wines & Spirits (Argentina), Ciatti Company (United States), AGRANA Beteiligungs-AG (Austria), Juiceworks Limited (United Kingdom) and WILD Flavors and Specialty Ingredients (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Keller juices s.r.l. (Italy) and Naturalia Ingredients s.r.l (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Grape Juice Concentrate market by Type (Liquid Concentrate [Juice Concentrate, Puree/Sauce Concentrate, Others (Vinegar, Oil, etc.)], Solid Concentrate and Powder Concentrate), Application (Food [Dairy and Frozen Products, Bakery and Confectionary, Others (fast food, sizzler, etc.), Beverages [Juice, Soft Drinks, Squash, Cider, Others (mocktails, etc.)], Cosmetics, Pharmaceutical, Flavours and Others) and Region.
On the basis of geography, the market of Grape Juice Concentrate 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. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Pakaging Type, the sub-segment i.e. Drums will boost the Grape Juice Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Chanel, the sub-segment i.e. Online will boost the Grape Juice Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High adoption due to people are becoming more health-conscious and Innovative packaging by manufacturers coupled with the promotion of the product
Market Growth Drivers:
Increasing demand for organic food in the market and Crucial use of red and white grape concentrate is in the manufacturing of wine
Challenges:
Stringent government regulation regarding food product
Restraints:
The con concern related to changing climatic conditions for the production of grapes
Opportunities:
The high potential in the untapped market and Introduction of new upcoming technologies for extracting, storing, and preserving
Market Leaders and their expansionary development strategies
In January 2021, Vie-Del Company, the oldest family-owned grape processor and supplier of bulk juices, concentrates, brandy, wine and spirits in California, announced the completion on December 29, 2020 of the acquisition of the Canandaigua Concentrate High-Color Concentrate (HCC) and standard grape concentrate business lines from Constellation Brands U.S. Operations, Inc. (CBUSO), a wholly-owned subsidiary of Constellation Brands, Inc. (Constellation).
In February 2021, The Welch’s Concord grape juice brand is world-renowned and has been a staple of breakfast tables in millions of American households for more than a century. Now, in an exciting new diversification, Welch’s ingredients division has commercially launched a new de-characterized grape juice ingredient for New York State winemakers.
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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.