About Functional Juices and Fruit Bowls
Functional juices and fruit bowls play an important role to maintain good health and energize yourself. The inadequate consumption of fruits and vegetables has increased the dietary concern across the globe. The increasing number of the working population and busy lifestyle has led people to adopt functional fruit juices to maintain health and reduce the risk of chronic diseases. However, key manufacturers are launching fruit juices with less to no sugar content and fruit bowls to meet the consumers' demand. The covid-19 pandemic led more people towards a healthy lifestyle and increased focus on the health benefits of ingredients of any product will further boost the market.
|Value (USD Million)
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product 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 Functional Juices and Fruit Bowls 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.
Dole plc (United States), Austria Juice (Austria), Nékter Juice Bar (United States), Fresh Del Monte (United States), B.fresh (United Kingdom), Tetra Pak (Sweden), Juice It Up! (SJB Brands, LLC) (United States) and B Natural (ITC Limited) (India) are some of the key players that are part of study coverage.
AMA Research has segmented the market of Global Functional Juices and Fruit Bowls market by Type (Citrus, Berries, Tropical & Exotic, Melons and Apples & Pears) and Region.
On the basis of geography, the market of Functional Juices and Fruit Bowls has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 Sales Channel, the sub-segment i.e. Online will boost the Functional Juices and Fruit Bowls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The Launch of New Fruit-based Functional Juices in the Market
Market Growth Drivers:
Surging Demand of Functional Juices and Fruit Bowls Due to Growing Awareness about Health Benefits and Increasing Health Conscious Population Across the Globe
Presence of Artificial Flavors and Preservatives
Lack of Fiber and High Sugar Content in the Functional Juices May Hamper the Growth
Growing Popularity of Citrus Fruit Juices To Boost Immunity
Market Leaders and their expansionary development strategies
In July 2021, In its next actionable step towards achieving the goals outlined in The Dole Promise, part of which commits to eliminating added sugar in all its products by 2025,Dole Packaged Foods today announced two new product lines: DOLE FRUITIFY and DOLE Essentials.
In July 2021, Dole Foods introduced a new functional line featuring tropical juices and fruit bowls to its UD portfolio. The Dole Fruitify functional juices come in three flavors including Glow, Energize, and Replenish. While Dole Essentials fruit bowls come in three varieties including mandarin oranges with turmeric, mixed fruit with green tea extract, and pineapple chunks with cucumber and mint natural flavors. With the launch of new products, the main aim of Dole Foods is to eliminate added sugar in all of its products and deliver enhanced nutrition.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Functional Juices and Fruit Bowls Manufacturers, Suppliers and Distributors of Functional Juices and Fruit Bowls, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About ApproachTo 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.