18-Jun-2021 | Zion Market Research
Some of key players juice concentrators market include Ingredion Incorporated (US), Archer Daniels Midland Company (US), Sudzucker AG (Germany), Louis Dreyfus Company (Netherlands), Doehler Group (Germany), SVZ International BV (The Netherlands), The Ciatti Company (US), Diana Naturals (US), Kanegrade Limited (UK), and Lemon Concentrate SL (Spain), among others.These players are set to bolster the development of global juice concentrators market.
According to analysts at Zion Market Research, the global juice concentrators market accounted for USD 94.24 Billion in 2020 and is expected to reach USD 139.96 Billion by 2028, growing at a CAGR of 7.1% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Juice Concentrators Market by Type (Fruit Juice Concentrates, Vegetable Juice Concentrates), Application (Beverage, Dairy, Soup, Bakery and confectionery, Dessert), Form (Clear Concentrate, Powdered Concentrate, Frozen Concentrate): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Health awareness amongst the consumers driving the juice concentrators market
Several factors are propelling the market forward, including rising demand for natural plant-based ingredients, increased awareness and popularity of convenience foods and beverages, and increased use of fruit juice concentrates as a sugar substitute in bakery and confectionery.
The rising consumer demand for beverage and bakery products is compelling the global juice concentrates market forward. The global juice concentrates market is expected to grow due to the growing popularity of vegetable and fruit juices as a healthier alternative to aerated drinks among health-conscious consumers. The global juice concentrates market is expected to benefit from the rapid growth of the natural sweeteners market. The global juice concentrates market is expected to grow due to rising demand for juice concentrates in the beverage industry and as a sugar substitute in bakery products.
Presence of big players in the region support North American dominance
The global market for fruit concentrates is primarily driven by North America, which has the largest market share and is experiencing steady growth. In the fruit concentrates market, Europe is a close second in terms of market share, followed by the rest of the world. In both developed and developing regions, the market is expected to continue to grow. The market for fruit concentrates is driven by rising demand for natural foods, as well as health and nutritional concerns about processed foods. Several factors have contributed to the growth of the European juice concentrates market. Over the forecast period, rising health concerns and demand for functional beverage products in the regions are expected to boost demand for juice concentrate.
Browse the full “Juice Concentrators Market by Type (Fruit Juice Concentrates, Vegetable Juice Concentrates), Application (Beverage, Dairy, Soup, Bakery and confectionery, Dessert), Form (Clear Concentrate, Powdered Concentrate, Frozen Concentrate): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028???????.” Report at https://www.zionmarketresearch.com/report/juice-concentrates-market
The global juice concentrators market is segmented as follows:
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