Concentrated Fruit Juice Market Size, Share, 2021 Global Industry New Updates, Trends, Opportunities, Challenges Forecast by 2030

In a recent published report, Kenneth Research has updated the market report for Concentrated Fruit Juice Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Concentrated Fruit Juice Market products.

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“Final Report will add the analysis of the impact of COVID-19 on this industry.”

As per the latest report published by Variant Market Research, Global concentrated fruit juice market is estimated to reach $88 billion by 2024; growing at a CAGR of 6.2% from 2016 to 2024. Concentrated fruit juice is made by removing all the excess water from fruits, remaining juice is highly concentrated than original. Concentrated fruit juice is as healthy as freshly prepared fruit juice and provide all the nutrients and vitamins. This is used as an alternative to sugar and used as a natural sweetener in many food recipes. The increasing demand of concentrated fruit juice in various end use industries such as beverage, bakery, confectionary, dairy coupled with low storage and logistics cost is supporting the growth of the market.

Major factors driving the global concentrated fruit juice market are strong inclination of R&D investments in food & beverages industries, low logistics & storage cost, high demand as an alternate for sugar in the bakery division, and changing food preferences & consumer trends. However, side effects of excess fructose intake may hamper the market growth. Furthermore, growing food & beverage industry ensuing in the rising health food trends would unfold with numerous growth opportunities in the forecasted years.
Major segments of the global concentrated fruit juice market are product type, application, and geography. The product type segment comprises clarified, carbonate stable, and alcohol stable. Moreover, by application, the market is categorized as beverage, bakery, confectionary, dairy, and other applications.

Geographically, the global concentrated fruit juice market is categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consists of Germany, UK, Italy, France, Spain, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, and Rest of Asia-Pacific, while RoW is bifurcated into South America, Middle East, and Africa.

The major players competing in the market are AGRANA Beteiligungs-AG, Future FinTech Group Inc., Archer Daniels Midland Company, Dohler, Diana Group, Sudzucker AG, SVZ Industrial Fruit & Vegetable Ingredients, Ingredion Incorporated, Ciatti Company, and SunOpta, among others.

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The key takeaways from the report
The report will provide detailed analysis of Global Concentrated Fruit Juice Market with respect to major segments such as product type, and application

The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Concentrated Fruit Juice Market has been included in the report

Profile of the key players in the Global Concentrated Fruit Juice Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Concentrated Fruit Juice Market
Product Type segments

Carbonate Stable
Alcohol Stable
Application Segments

Other Applications
Geographical Segments

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North America
Rest of Europe
Rest of Asia-Pacific
South America
Middle East

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