Apple Juice Market Set to Soar Past USD 4.15 Billion by 2030
The global Apple Juice market size is expected to reach USD 4.15 billion by 2030 and exhibit a CAGR of 5.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing consumer awareness about health and wellness, growing preference for natural and organic beverages, rising demand for convenient and ready-to-drink options, expanding distribution channels and retail infrastructure, innovation in product flavours and packaging, the growing popularity of apple-based beverages for hydration and refreshment are fueling the Market’s growth.
Westford USA, Aug. 23, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Apple Juice market, rising demand for organic and cold-pressed apple juices, the growing popularity of flavored and blended apple juice products, increasing preference for sustainable and eco-friendly packaging, the surge in online sales and direct-to-consumer models, expansion of apple juice product lines to include functional and fortified varieties are the trends that aid in the market’s growth.
Browse in-depth TOC on “Apple Juice Market”
- Pages – 157
- Tables – 146
- Figures – 78
Apple juice is a transparent, colourless light yellow liquid made from the pressed juice of apples. It is a good source of vitamins A and C and contains potassium, pectin, and other antioxidants.
Prominent Players in Apple Juice Market
- Mott’s
- Simply
- Eden Foods
- Tree Top
- Honest Tea
- Odwalla
- Lakewood
- Welch’s
- Martinelli’s
- Grimmway Farms
- Dole
- Jumex
- Minute Maid
- Freshly Squeezed
- Evolution Fresh
- Harmless Harvest
- Naked Juice
- Bolthouse Farms
- Simply Orange
- Ocean Spray
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Cloudy Apple Juice Demand to Grow Substantially in the Forecast Period
Cloudy apple juice dominated the global market owing to its authenticity. It also retains more of the natural pulp and fibre, providing consumers with a more wholesome and natural experience. The preference for cloudy apple juice has increased as consumers seek less processed and more natural beverages.
Retail is the Leading Application Segment
In terms of application, retail is the leading segment due to the consumer demand. In addition, retail outlets often stock various apple juice products, including different types, flavors, and packaging options. This allows consumers to choose from diverse options based on their preferences, dietary requirements, and budget.
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Asia Pacific is the leading Market Due to the Apple cultivation
Region-wise, Asia Pacific is one of the largest growing markets with a huge emphasis on Apple cultivation. The region has a well-developed market infrastructure for apple juice. It encompasses a comprehensive supply chain that includes farmers, processors, distributors, and retailers. The infrastructure ensures efficient production, distribution, and availability of apple juice products to meet the demand of consumers across the country. This well-established market infrastructure enables the dominance of North America in the apple juice market.
A recent report thoroughly analyzes the major players operating within the Apple Juice market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Apple Juice.
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Key Developments in Apple Juice Market
- Coca-Cola India announced the debut of a new variation of its effervescent orange-flavored drink Fanta—Apple Delit.
Key Questions Answered in Apple Juice Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market’s future growth?
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