USD 2.45 billion
Apple Juice Market Size, Share, Growth Analysis, By Nature(Organic, Conventional), By End-Use(Food Industry, Dietary supplements, Household (Retail), Others), By Type(Filtered, Unfiltered), By Form(Powder, Tablets, Capsules, Liquid), By Distribution Channel(Online Store, Convenience Stores, Specialty Stores, Retail Stores), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30I2358 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
146
|Figures:
78
Apple Juice Market Insights
Apple Juice Market size was valued at USD 2.45 billion in 2019 and is poised to grow from USD 2.59 billion in 2023 to USD 4.15 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).
Apple is a tropical fruit that is abundant in minerals and vitamins and is frequently taken due to its potential health benefits. Apple juice is a type of fruit juice that is prepared by pressing and softening an apple. Apple juice is high in dietary fibre and includes several minerals. It provides essential nutrients such vitamins and minerals, as well as antioxidants.
The rapidly increasing consumption of apple juice throughout the world due to its multiple health advantages is a significant driving force in the apple juice market. The quick increase in demand and growth in the consumption rate of apple flavoured sauces, juices, and apple juice is the primary driver driving demand for apple juices. Furthermore, the convergence of customer perception for apple-flavored products is increasing the total demand for apple juices market from 2022 to 2028.
Furthermore, the shifting predisposition of consumers toward beverage and convenience food consumption, as well as the expanding worldwide population and high need for nutritious and health-beneficial products, acts as a primary driver for increasing demand for apple juices on a global scale. Furthermore, rising disposable income, an ageing population, and rising living standards in emerging markets are all contributing to the market expansion.
US Apple Juice Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
End-Use
Fastest Growth
End-Use
Growth Rate
5.8% CAGR
Global Apple Juice Market ($ Bn)
Company Share for Region (%)
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Apple Juice Market Segmental Analysis
Global Apple Juice Market is segmented based on the nature, end-use, type, form and distribution channel, and region. Based on nature, the market is segmented organic and conventional. Based end-use, the market is segmented into food industry, dietary supplements, household (retail), and others. Based on type, the Apple Juice Market is categorized into filtered and unfiltered. Based on form, the Apple Juice Market is segmented into powder, tablets, capsules, and liquid. By distribution channel, the Apple Juice Market is segmented into online store, convenience stores, specialty stores, retail stores, and supermarkets/ hypermarkets. By region, the Apple Juice Market is segmented into Europe, North America, Asia Pacific, Latin America, and MEA.
Apple Juice Market Analysis by Nature
In 2021, the conventional product sector accounted for more than 88% of the category segment. Traditional products are becoming more popular due to their antibacterial, anti-cancer, anti-fungal, and anti-viral capabilities. Conventional goods aid in raising immunity and improving intestinal health. Furthermore, the product's potential to prevent intestinal health issues may aid to sustain the segment's expansion in the coming years.
Apple Juice Market Analysis by Distribution Channel
The supermarket/hypermarket and internet businesses are propelling the apple juice sector forward. Rising sales through these channels can be attributable to the increased working-class segment's purchasing power. Furthermore, the growing desire for organic beverages among health-conscious customers is boosting the apple juice industry. The widespread availability of apple juice in an increasing number of supermarkets/hypermarkets is driving market expansion. The rise of e-commerce and other online platforms is also hastening the development of the apple juice sector. The increasing use of marketing methods by branded industry players to advertise their quality apple juices is fueling global apple juice market expansion.
Global Apple Juice Market By Application
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Apple Juice Market Regional Insights
With the presence of a demographic segment that prefers healthy and organic drinks, North America is likely to lead the global apple juice market over the forecast period. Furthermore, one of the factors fueling the market is client desire for fresh fruit juice.
In Europe, there is a growing awareness of disease-preventive food and beverage products, as well as an increase in the number of healthy beverage options. Manufacturers are likely to play an important role in increasing demand for apple juice.
Asia Pacific is expected to be one of the most profitable geographic marketplaces. Asia Pacific is predicted to account for a sizable market share in the global apple juice market as a result of rising product recognition and adoption in emerging economies. The expansion is mostly due to increasing public knowledge of the health advantages of eating organic foods.
Global Apple Juice Market By Region
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Apple Juice Market Dynamics
Apple Juice Market Driver
Rising Demand for Apple Juice in Food & Beverage Sector
- The increased demand for apple juice from the food and beverage sector to enhance the flavour of various food products such as drinks, confectionary, and soups is likely to fuel market growth.
- Additionally, there is a growing need for nutritional supplements such as pectin, which is used as medication and recommended by doctors. As a result, the rising dietary supplement demand is likely to drive the global apple juice market forward.
Apple Juice Market Restraint
Limited Access to Raw Materials
- Limited access to raw materials due to apple availability is a major difficulty, and farmers are experiencing several obstacles in apple farming due to climatic instability and occurrences of natural catastrophes.
- Furthermore, apple cultivation requires large amount of water, which is a major source of concern among farmers. As a result, distribution complexity is posing significant hurdles to the cultivation.
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Apple Juice Market Competitive Landscape
Due to the rising population, apple juice producers are partnering with other market participants to improve production capacity. Manufacturers are developing cutting-edge technology to boost apple juice manufacturing capacity.
Apple Juice Market Top Player's Company Profiles
- PepsiCo Inc.
- Coca-Cola Co.
- Nestle SA
- Dr Pepper Snapple Group Inc.
- Ocean Spray Cranberries Inc.
- Welch Foods Inc.
- Mott's LLP
- Tree Top Inc.
- Martinelli & Co.
- Knudsen & Sons Inc.
- Simply Orange Juice Company
- Tropicana Products Inc.
- Minute Maid Company
- Lassonde Industries Inc.
- Gerber Products Company
- White House Foods
- Big Tree Farms
- Pressed Juicery
- Suja Juice Co.
- Pepsi-Lipton International
Apple Juice Market Recent Developments
- In March 2022, Coca-Cola India announced the debut of a new variation of its effervescent orange-flavored drink Fanta—Apple Delit.
- On the backdrop of growing obesity at a global scale, The Journal of Oleo Science claims that apple juice can be a saviour to reduce belly fat in just a matter of weeks
Apple Juice Key Market Trends
- Emergence of new brands: At a global scale, various brands have emerged to offer new variants of apple juice with exciting flavors. Therefore, emergence of new brands with variations is expected to create more demand for apple juice.
- Growing Demand from Health-conscious Consumers: Rise in demand from health consciousness consumers has led in a shift away from carbonated beverages and toward natural and healthier beverages. Furthermore, consumers' hectic work schedules and sedentary lifestyles are fuelling demand for bottled apple juice as a fast source of nourishment.
Apple Juice Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Apple Juice Market, health advantages of apple juice, such as its capacity to prevent chronic diseases including cancer, cardiovascular disease, and neurological problems, are propelling the sector forward. The broad availability and diversity of beneficial components in apples, such as phytochemicals, vitamin C, and fibres, is hastening the expansion of the apple juice sector. Furthermore, severe government laws mandating pasteurised apple juices to be removed of hazardous germs is playing an important role in market development.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.45 billion |
| Market size value in 2031 | USD 4.15 billion |
| Growth Rate | 5.8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Apple Juice Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Apple Juice Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Apple Juice Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Apple Juice Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Apple Juice Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Apple Juice Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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