About Fruit Drinks
Fruit drinks are extracted from fruits and preserved as drinks in such a way to increase its shelf life. Amid changing lifestyle, these beverages are gaining traction as they provide various nutritional benefits. Growing demand puts the onus on manufacturers to launch innovative products to stay competitive in the market. Also, increasing focus towards healthy life coupled with rising disposable income is expected to propel the very market in foretasted year.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Fruit Drinks market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Fruit Drinks market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fruit Drinks 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.
Coca-Cola [United States], Dole [United States], Lotte [South Korea], Tropicana [United States], Nestle [Switzerland], Tang [United States], Huiyuan [China], Coconutpalm [China], Uni-president [Taiwan] and Nongfuspring [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 Jeper SA [Peru], Beijing Huiyuan Beverage and Food Group Co., Ltd. [China], Birdseye Dairy, Inc. [United States], Campbell Soup Company [United States], Del Monte Foods, Inc. [United States], Dr Pepper Snapple Group, Inc. [United States], Mott's LLP [United States] and Dhler Group [Germany].
Segmentation Overview
AMA Research has segmented the market of Global Fruit Drinks market by Type (Nectars, Juice drinks, Concentrates, Powdered Juice and Others), Application (Commercial consumption, Household consumption and Other) and Region.
On the basis of geography, the market of Fruit Drinks 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. Hyper/Supermarket will boost the Fruit Drinks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavor Type, the sub-segment i.e. Oranges will boost the Fruit Drinks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Focus on Green Packaging and Growing Demand for Innovative and Varying Flavors
Market Growth Drivers:
Growing Health Awareness Among Consumers and Increasing Consumption Among Children and Medically Ill Patient
Challenges:
Chances of Counterfeit Products and Stringent Regulatory Guidelines
Restraints:
Presence of High Sugar Content and Artificial Substances and Premium pricing of Some Fruit Drinks
Opportunities:
Rising Disposable Income of People in Emerging Countries and Versatility in Terms of Products Innovation
Market Leaders and their expansionary development strategies
In July 2018, Keurig Dr Pepper announced the successful completion of the merger between Keurig Green Mountain and Dr Pepper Snapple Group. The merger is expected to expand the product portfolio and distribution capabilities.
In August 2022, Award-winning plant-based drinks brand Plenish launched the latest addition to its smash hit range of cold-pressed juices and cleanses Rise. Packed with 100% organic fruit and vegetables, Rise combines the natural deliciousness of juicy pineapple and pear with spinach, cucumber and a zing of lime for a perfectly sweet and uplifting taste.
Fruit drinks products are subjected to provide labeling which must include nutritional value. As per FDA (Food and Drug Administration) guidelines mentioned in section 403(a)(1) of the FD&C Act (21 U.S.C. 343(a)(1), a food or beverage is misbranded if its labeling is false or misleading. Additionally, Beverages and liquid dietary supplements may bear health claims, which characterize the relationship between a substance (food or food component) and a disease or health-related condition.
Key Target Audience
Fruit Drinks Producers, Suppliers/Distributors, Potential Investors, Government Agencies, Research Institutes 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.