Fruit Beverages Market Size Worth $51.66 Billion By 2025
The
global Fruit Beverages Market size is expected to reach
USD 51.66 billion by 2025 registering a CAGR of 6.2%, according to a new report
by Grand View Research, Inc. Rising importance of maintaining a healthy
lifestyle and demand for fruit beverages as nutritional supplements are expected
to remain key growth-driving factors for the global market. Furthermore, rising
demand for Ready-To-Drink (RTD) beverages due to hectic work schedules will
augment the market growth over the forecast period.
Further key findings from the study suggest:
North
America is expected to lead the global market over the forecast period. Strong
brand presence of key industry participants including PepsiCo and Coca-Cola
through their well-established distribution networks in U.S. is projected to
remain a favorable factor for the market growth. Asia Pacific is expected to
register the fastest CAGR from 2019 to 2025. This growth is attributed to the
increasing demand for fruit beverages in emerging countries including China and
India. The canned and fresh juices packaging segment is expected to generate
the maximum market share by 2025.
Browse
Details of Report @ https://www.grandviewresearch.com/industry-analysis/fruit-beverages-market
Further key findings from the study suggest:
- Canned and fresh juice
packaging is projected to be the fastest-growing segment while frozen
juices segment is projected to expand at the fastest CAGR of 7.1% from
2019 to 2025
- Asia Pacific is projected
to be the fastest-growing regional market over the forecast period while
North America is projected to account for the largest revenue share
- Major manufacturers in the
market are Tropicana Products, Inc.; The Coca Cola Company; The Campbell
Soup Company; Langer Juice Company, Inc.; Ceres Fruit Juices Pty Ltd.;
Lassonde Industries, Inc.; Ocean Spray Cranberries, Inc.; Del Monte Foods,
Inc.; and Parle Agro Private Ltd.
- Most of these companies
focus on product innovation, M&A, and capacity expansion to gain a
greater market share
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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