Global Packaged Juice Market size was valued at USD 130.6 Billion in 2024 and is expected to reach USD 178.7 Billion by 2033, at a CAGR of 4.2% during the forecast period 2024 – 2033.
Packaged Juice Market: Overview
Fruit or vegetable juices that have been processed, packed, and marketed in cans, bottles, or cartons are referred to as packaged juice. These juices are readily accessible in supermarkets and convenience stores, and they are frequently pasteurized or treated to improve shelf life.
Increased interest in cold-pressed, organic, and low-sugar juice alternatives is a result of the global demand for healthier and more natural juice options.
Additionally, consumers are looking for functional drinks that are enhanced with antioxidants, vitamins, and other components that improve health. Furthermore, because people are seeking out unusual tastes and sensations, premium and exotic fruit juices are becoming more and more popular.
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Additionally, the need for sustainable and environmentally friendly packaging has grown, pushing businesses to look into recyclable materials and alternatives to single-use plastics. With the rise of single-serve and portable packaging alternatives, there is also a tendency towards convenience and on-the-go designs.
E-commerce and digitalization are changing distribution methods. More customers are ordering packaged juice online for pickup or delivery to their homes, which reflects changing consumer buying habits in the digital era.
By source, the fruits segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Fruit-packaged juice trends include rising interest in organic and natural juices, creative flavor combos, more vitamins or antioxidants for extra benefits, and environmentally friendly packaging alternatives.
By sale channels, the supermarkets/hypermarkets segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The packaged juice industry is driven by supermarkets and hypermarkets because of their wide customer base, competitive pricing, wide range of products, easy shopping, and efficient marketing techniques.
CMI has comprehensively analyzed the Global Packaged Juice market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Packaged Juice industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Packaged Juice Market:
- Coca-Cola Company
- PepsiCo Inc.
- Nestlé S.A.
- Danone S.A.
- Keurig Dr Pepper Inc.
- Ocean Spray Cranberries Inc.
- Del Monte Foods Inc.
- Campbell Soup Company
- Welch Foods Inc.
- Lassonde Industries Inc.
- The Kraft Heinz Company
- Tropicana Products Inc.
- Sunny Delight Beverages Company
- The Hain Celestial Group Inc.
- Döhler GmbH
- Refresco Group N.V.
- The Simply Good Foods Company
- Suntory Holdings Limited
- TreeHouse Foods Inc.
- Old Orchard Brands LLC
- Others
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