The global Reconstituted Juice market is expected to reach a market valuation of US$ 13.6 billion by 2023, recording a CAGR of 5.5% from 2023 to 2033.
Juice that has been reconstituted is juice that has had its water removed and then added back in. Juice is converted into concentrated juice by evaporating the majority of the water content from freshly squeezed juice, leaving behind a more concentrated juice that is simpler to transport and store. Reconstituted juice, which is commonly accessible in supermarkets and grocery stores, is a practical and affordable substitute for freshly squeezed juice. Freshly squeezed juice, however, is preferred by some individuals since it is thought to be more natural and less processed.
| Attributes | Details |
|---|---|
| Reconstituted Juice Market Size (2023E) | US$ 13.6 billion |
| Reconstituted Juice Market Projected Size (2033F) | US$ 23.3 billion |
| Value CAGR (2023 to 2033) | 5.5% |
| Top 3 Countries Marketing Share | 66.5% |
Juice concentrate is combined with water to create reconstituted juice, which is then sweetened and flavored to taste. To assure safety and remove pollutants, the water used in the process might be treated. Juice produced in this way has a taste and nutritional value comparable to freshly squeezed juice, albeit brand and kind can affect whether or not added sugars or preservatives are present.
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| Market Statistics | Details |
|---|---|
| Jan-Jun (H1), 2021 (A) | 5.2% |
| Jul-Dec (H2), 2021 (A) | 5.3% |
| Jan-Jun (H1), 2022 Projected (P) | 5.5% |
| Jan-Jun (H1), 2022 Outlook (O) | 5.3% |
| Jul-Dec (H2), 2022 Projected (P) | 5.6% |
| Jul-Dec (H2), 2022 Outlook (O) | 5.7% |
| Jan-Jun (H1), 2023 Projected (P) | 5.4% |
The primary driving force behind the market expansion is also an increase in end-user disposable income and knowledge of the health advantages of reconstituted juice among millenniums. Also, the market for reconstituted juices around the world is driven by increased demand from the beverage industry and falling transportation and storage costs. Reconstituted juice, which is frequently utilized in the beverage sector, is 3 to 7 times more concentrated than the original juice. In addition, there is an increase in the manufacture of concentrated fruit juices due to the increased production of organic fruit in many nations.
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Consumers today favor foods and beverages that support a sustainable way of life, which implies that beverages should have advantages beyond only good health. While diet should provide supplements to boost digestion and the immune system, the products employed should be natural and highly functional. The demand for beverages with the finest nutritional and functional qualities is increasing as a result of consumers' increased environmental and health concerns. The Japanese beverage market sees demand for RTD coffee drinks, sports drinks, and energy drinks. A preferred category of alcoholic beverages among Japanese consumers is beauty drinks, or alcoholic beverages that support the skin and physical appearance.
As customer demand for quick-to-drink, healthful beverages rises, the market for reconstituted juice in North America has been expanding steadily in recent years. The demand for reconstituted juices in the area has been driven by elements like hectic lives, greater health consciousness, and rising disposable income. The majority of global market income comes from North America. But, the market is also expanding in Canada, propelled by elements including rising health consciousness, shifting food preferences, and an expanding population. In conclusion, the North American reconstituted juice market is anticipated to maintain its upward trend in the years to come, propelled by variables such shifting customer tastes, increased health consciousness, and rising disposable income.
Asia Pacific customers are looking for ready-to-drink beverages that are handy due to their fast-paced lifestyles and growing urbanization. Juices that have been reconstituted are convenient for busy consumers since they are simple to travel, store, and enjoy. Consumers in Asia and the Pacific are more likely to spend extra on upscale and healthful beverages. Juices that have been reconstituted are frequently more expensive than other kinds of packed juice, but they are thought to be healthier.
Also, due to the expansion of contemporary retail channels like supermarkets, hypermarkets, and convenience stores, the distribution of reconstituted juice has substantially improved in recent years. Reconstituted juices are now easier to find for customers in the Asia Pacific region as a result.
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In terms of market revenue in 2021, the sector for fruit juice concentrates commanded the largest market share. Several businesses, including the beverage, bakery & confectionery, food, and alcoholic beverage sectors, use fruit juice concentrates, which explains why. Fruit juice concentrates are used as sugar substitutes when making cakes, biscuits, and pastries in the baking and confectionery industry.
Preparation is much more suitable and accessible due to its simplicity of use and consumption, especially when time is of the essence. Because of this, it is frequently consumed by those who are working and have little to no time to prepare dinner. There are liquid versions of plant extracts, as well as solvents made from fruits and vegetables. This liquid extract can be supplied in end-use industries in powdered form or for a number of uses. Juice concentrate is frequently available in liquid form because it needs the least processing when compared to other forms.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ million for Value and Metric Ton for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; the Middle East and Africa |
| Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | Nature, Ingredient, End Use, Packaging, Distribution Channel, Region |
| Key Companies Profiled | PepsiCo Ltd.; The Daily Juice Company; S.M. Jaleel & Co. Ltd.; Citrus World, Inc.; Citrosuco S.A.; Louis Dreyfus Company B.V.; Lemon Concentrate S.L.; Frunutex Sp. z o.o.; AGRANA Beteiligungs-AG. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Reconstituted Juice Market is valued at US$ 13.6 billion for 2023.
The Reconstituted Juice Market valuation is expected to be US$ 23.3 billion in the year 2023.
The value of CAGR for the Reconstituted Juice Market is estimated to be 5.5%.
The Fruit Juice segment would garner a significant market value share by 2023.
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Reconstituted Juice Market
