Apple Juice Market Scope
Apple juice is made by the maceration and pressing of an apple. It is considered as a functional food due to its health-promoting properties apart from the basic nutritional characteristics. Apple juice is one of the most common fruit juices in the world, with world production led by China, Poland, the United States, and Germany. Due to its nutritional property and taste, apple juice is the second most widely consumed fruit juice in the world and is popular among adults and children.
According to AMA, the Global Apple Juice market is expected to see growth rate of 12.9%Apple Juice market is a fragmented market due to the presence of various players. The players are focusing on developing manufacturing facilities to enhance production and improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Vendors having a strong hold in the market are Martinelli's Gold Medal, Simply Orange Juice, James White Drinks, and Andre Juice. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Apple Juice market throughout the predicted period.
Martinelli's Gold Medal (United States), Simply Orange Juice (United States), James White Drinks (United Kingdom), Eden Foods (United States), Innocent (United Kingdom), APKON (Poland), Andre Juice (China), Manzana Products (United States), SunRype (Canada) and Minute Maid (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are TreeTop (United States), Maxfrut (Poland), AGRANA Beteiligungs AG (Austria), Mott's LLP (United States) and Santa Cruz (United States).
Segmentation Overview
The study have segmented the market of Global Apple Juice market by Type (Organic (Not from Concentrate) and Conventional (from Concentrate)), by Application (Home Use and Commercial) and Region with country level break-up.
On the basis of geography, the market of Apple Juice 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).
Influencing Trend:
Concentrated and Flavoured Apple Juices owing to Changing Taste Preferences of People
Market Growth Drivers:
Increasing number of benefits owing to beneficial plant compounds such as polyphenolic compounds and anti-atherosclerotic, anti-inflammatory, and neuroprotective effects is a key driving factor for the apple juice market. and Rising Awareness of Health & Dietary Foods among People
Challenges:
Availability of Apples owing to changing climate condition, Shorter Shelf Life of the Apple Juices and Availability of Substitute Product
Restraints:
High in Natural Sugar Fructose and Glucose and High Price of Juice owing to Limited Availability of Apples
Opportunities:
Attractive and Eco-Friendly Packaging of Apple Juices in Cartons, and Bottles and Strong Distribution Channel in Remote Location
Market Leaders and their Expansionary Development Strategies
On April 2, 2019, Martinelli’s, a leading fruit juice company in America, has introduced a new product to its family of gold medal premium sparkling ciders and apple juices, Sparkling Blush. Sparkling Blush is 100% juice made from U.S. grown fresh apples with a splash of raspberry to give it a crisp taste and beautiful pink colour.
In United States, Food & Drug Administration (FDA) has developed a draft CPG on FDA's guidance for enforcement concerning apple juice, apple juice concentrates, and apple juice products that contain patulin. If these products contain patulin at or above 50 parts per billion (ppb) (the action level) and the identity of patulin is confirmed by gas chromatography/mass spectrometry.
Key Target Audience
Apple Juice Vendors, Raw Material Suppliers, Distributors and Food & Beverage Industries
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.