Fruit juice is a non-fermented liquid extract obtained by squeezing the fresh fruit. Fruit nectar is defined as a thick fruit juice, which is highly viscous in nature. Fruit juice is categorized based on juice content, such as, juice (which contains of 99% juice content), nectar (which contains 25-99% juice content) and juice drinks (which contains up to 25% juice content). Fruit juice is as healthy as the fresh fruits. Low-cost involved in logistics and storage, and high demand for fruit drinks and frozen desserts are primarily driving the global fruit juice and nectar market.
Market Forecast
Furthermore, changing preferences of population for fruit juices instead of carbonated drink is driving the demand for fruit juices and fruit drinks, which, in turn, driving the growth of the global fruit juices and nectars market. All these factors expected to contribute to the estimated CAGR of 5.0% of the global fruit juices and nectars market during the forecast period 2017-2023
Downstream Analysis
Fruit juices and nectars market is segmented on the basis of applications, which consists of beverages, dairy and food, bakery, confectionary, and others. The beverage industry dominates the market owing to increasing popularity of fruit juices and fruit drinks in the population as an alternative for natural fruit.
Competitive Analysis
The major players in the fruit juices and nectars market
Regional Analysis
The global fruit juices and nectars market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe region is dominating the fruit juices and nectars market followed by North America. In Europe, Germany and France are the major consumers of fruit juices and nectars. High consumption of fruit drinks and fruit juices within the population has led the growth of the fruit juices and nectars market in this region.
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