Juices Market Highlights the Impact of COVID-19 2020-2024 | New Product Launches to Boost Market Growth | Technavio
August 07 2020 - 8:15PM
Business Wire
Technavio has been monitoring the juices market and it is poised
to grow by USD 66.13 billion during 2020-2024, progressing at a
CAGR of almost 7% during the forecast period. The report offers an
up-to-date analysis regarding the current market scenario, latest
trends and drivers, and the overall market environment.
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Technavio has announced its latest market
research report titled Global Juices Market 2020-2024 (Graphic:
Business Wire)
Although the COVID-19 pandemic continues to transform the growth
of various industries, the immediate impact of the outbreak is
varied. While a few industries will register a drop in demand,
numerous others will continue to remain unscathed and show
promising growth opportunities. Technavio’s in-depth research has
all your needs covered as our research reports include all
foreseeable market scenarios, including pre- & post-COVID-19
analysis. Download a Free Sample Report on COVID-19
Impacts
Frequently Asked Questions-
- Which is the leading segment based on product in the
market?
- The fruit juices segment is expected to be the leading segment
based on product during the forecast period.
- What is the major trend for market?
- Benefits of cold-pressed juice over traditional juices is a
major growth factor for the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of almost 7%, the incremental growth of the
market is anticipated to be USD 66.13 billion.
- Who are the top players in the market?
- Citrus World Inc., Del Monte Pacific Ltd., Eckes-Granini Group
GmbH, Keurig Dr Pepper Inc., Nestle SA, Ocean Spray Cranberries
Inc., PepsiCo Inc., Suntory Holdings Ltd., The Coca-Cola Co., and
Welch Foods Inc. are some of the major market participants.
- What are the key market drivers and challenges?
- New product launches and benefits of cold-pressed juice over
traditional juices are the major factors driving the market.
However, the fluctuating prices of raw materials will restrain
market growth.
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. Citrus World Inc., Del Monte
Pacific Ltd., Eckes-Granini Group GmbH, Keurig Dr Pepper Inc.,
Nestle SA, Ocean Spray Cranberries Inc., PepsiCo Inc., Suntory
Holdings Ltd., The Coca-Cola Co., and Welch Foods Inc. are some of
the major market participants. The launch of new products will
offer immense growth opportunities. To make the most of the
opportunities, market vendors should focus more on the growth
prospects in fast-growing segments, while maintaining their
position in the slow-growing segments.
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Technavio's custom research reports offer detailed insights
on the impact of COVID-19 at an industry level, a regional level,
and subsequent supply chain operations. This customized report will
also help clients keep up with new product launches in direct &
indirect COVID-19 related markets, upcoming vaccines and pipeline
analysis, and significant developments in vendor operations and
government regulations.
Juices Market 2020-2024: Segmentation
Juices Market is segmented as below:
- Product
- Fruit Juices
- Vegetable Juices
- Others
- Geography
- Europe
- North America
- APAC
- South America
- MEA
- Distribution channel
To learn more about the global trends impacting the future of
market research, download a free sample:
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Juices Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way
of study, synthesis, and summation of data from multiple sources.
The juices market report covers the following areas:
- Juices Market Size
- Juices Market Trends
- Juices Market Analysis
This study identifies benefits of cold-pressed juice from
traditional juice as one of the prime reasons driving the juices
market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic,
probable, and pessimistic) considering the impact of COVID-19.
Technavio’s in-depth research has direct and indirect COVID-19
impacted market research reports.
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Juices Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist juices market
growth during the next five years
- Estimation of the juices market size and its contribution to
the parent market
- Predictions on upcoming trends and changes in consumer
behavior
- The growth of the juices market
- Analysis of the market’s competitive landscape and detailed
information on vendors
- Comprehensive details of factors that will challenge the growth
of juices market, vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Fruit juices - Market size and forecast 2019-2024
- Vegetable juices - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2019-2024
- Online - Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Impact of COVID-19 pandemic on the market
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Citrus World Inc.
- Del Monte Pacific Ltd.
- Eckes-Granini Group GmbH
- Keurig Dr Pepper Inc.
- Nestle SA
- Ocean Spray Cranberries Inc.
- PepsiCo Inc.
- Suntory Holdings Ltd.
- The Coca-Cola Co.
- Welch Foods Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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version on businesswire.com: https://www.businesswire.com/news/home/20200807005364/en/
Technavio Research Jesse Maida Media & Marketing Executive
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