The juice concentrates market in Europe is in the high growth stage. For example, the SVZ clear carrot concentrate is suitable for producing a flavorful beverage that looks and taste great.Įurope accounted for the largest market share during the forecast period. As a result, the usage of clear concentrates in the vegetable segment has expanded since they provide the desired color and flavor. Manufacturers are turning to vegetables for use in their formulations as demand for healthier components grows, as consumers gravitate toward health and wellbeing, and as the pandemic accelerates this trend. Factors, such as increasing income, production expansion, diverse population, and awareness regarding a healthy lifestyle are contributing to the growth of the clear juice concentrates market. Clear apple juice concentrates are form of the most used products in the food & beverage industry. The juice concentrates market, based on form, is estimated to be dominated by clear concentrates in 2022.Ĭlear concentrates can be used as a natural sweetener or as a substitute for food items, which include cakes, juices, and chocolates. Carrot concentrates will also witness an increase in demand as it consist of minimal taste and help reduce the sugar content they boost the nutritional content in the beverages, without compromising on the flavor and the color of the beverage. This increase in demand can be attributed to a number of factors like the rising desire for clean labels, health halo, a growing food and beverage business, a preference for ready-to-eat foods as a result of a busy lifestyle, and a demand for all organic products. The demand for tomato juice concentrates on the other hand is set to increase. Cucumber juice concentrates form a refreshing beverage and can be a post-workout drink for fitness enthusiasts. The juice concentrates market, based on vegetable type, has been segmented into carrot, cucumber, tomato, onion and garlic and others.Ĭucumber will profit from the rising demand for green juice among health-conscious consumers who wish to live an active, healthy lifestyle. The juice concentrates market has developed and become strong globally, which has resulted in new product launches and investments made by the big players in improving their R&D facilities. The market is witnessing strong demand for consistently high quality and reliability of supply of juice concentrates. Therefore, manufacturers of fruit juice concentrates around the world are becoming innovative, market-driven, and cost-efficient. The changing dietary preferences of the people have led to a significant rise in the consumption of nutritional foods and juices, which in turn is expected to increase the demand for juice concentrates in the market. The beverage sector within the application has witnessed a revolutionary shift toward a healthier profile, and the demand for innovation within the product portfolio followed an increasing trend. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. The global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. Dublin, J(GLOBE NEWSWIRE) - The "Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027" report has been added to 's offering.
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