Apple Concentrates Market : Analysis by Product Types, Application, Region and Country, Trends and F

Author : aavika shinde | Published On : 05 Apr 2024

When it comes to developing long-term and lucrative business plans, valuable and applicable market insights are crucial. A business study on the Apple Concentrates Market is very helpful when planning production, new product launches, pricing, inventories, acquisitions, and marketing tactics. Categorization by companies, region, type, and end-use industry is provided in this market analysis. This market research report holds the key to better decision-making, increased income generation, and profitable business ventures. Every stage of the industrial process lifecycle, including engagement, acquisition, retention, and monetization, is measured and optimized with the aid of this report. Many facets of the Apple Concentrates Market market are covered in a reliable research report.

Explore Further Details about This Research Apple Concentrates Market Report https://www.databridgemarketresearch.com/reports/global-apple-concentrates-market

In the beverage industry, carbonated apple juice is a new trend. Despite traditional apple juice products' dominance, carbonated juices and other carbonated apple products are expected to gain significant traction in the future. Juice manufacturers are focusing on adding extra vitamins and minerals in response to changing consumer taste, preference, and demand.

Apple concentrates market was valued at USD 15.45 billion in 2021 and is expected to reach the value of USD 24.26 billion by 2029, at a CAGR of 5.80% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Market Definition

Apple concentrate comes in various forms such as puree, clear, squeezed, powdered, or solidified concentrate. It is a key ingredient in juices and other beverages. The medical benefits of apple concentrate have increased customer demand in the market. Apple concentrate is present in varying percentages in consumer healthcare products, juice, squash, and dairy items. Apple concentrate is preferred over natural product juice as an ingredient.

Drivers

Growing demand for on the go nutritional products

Consumers' changing lifestyles and eating habits have resulted in an increased intake of affordable, healthy, and quick sources of nutrition such as packaged fruit juices, flourishing market growth. To broaden the consumer base, manufacturers are introducing a variety of flavours as well as preservative-free and sugar-free fruit juices. Furthermore, growth in the food and beverage industry is increasing global demand for apple concentrates market.

Use of apple concentrates in various end user industry

Apple concentrate is used as sugar or as an alternative to corn syrup and sugar in food and beverage products such as soda pops, soft drinks, beverages, and juices. Furthermore, it is an ingredient that is finding use in cosmetics and the pharmaceutical industry. Increasing use of apple concentrate due to various medical benefits and longer product usability are expected to support the apple concentrate market during the forecast period.

Recent Development

In February 2019, Amul, one of India's leading dairy market players, announced its entry into the packaged juice market with the launch of its new brand, "Tru." Amul intends to launch a line of juices in the flavours of litchi, mango, apple, and orange. These items are sold in PET bottles with a capacity of 200 ml. The company intends to compete with major Indian brands such as Real Fruit Juice, B Natural, and Tropicana with the launch of this product.
In June 2019, Nutricane Beverages, the owner of the brand OMG! and an innovator in the beverage sector in India, announced the launch of new products under its OMG! Product line. OMG! Mango Sugarcane Juice and OMG! Guava Sugarcane Juice were the first products to be released. These newly launched products were created by combining fruit juices and sugarcane juices to provide a more premium taste to consumers looking for new and unique products. The company used a proprietary technology called Fresh Fusion, which is patent pending, to extend the shelf life of sugarcane juice.

Global Apple Concentrates Market Scope

The apple concentrates market is segmented on the basis of type, nature, application and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Puree Concentrates
Clear Concentrate
Juice Concentrate
Powdered Concentrate
Frozen Concentrate
Filtered and Unfiltered

Nature

Organic
Conventional

Application

Juice
Soft Drinks
Squash
Flavours
Drinks and Frozen Products
Others

End use

Commercial
Household

Some of the major players operating in the apple concentrates market are:

SUJA LIFE (US)
PepsiCo (US)
CEDAR Juice (Canada)
Evolution Fresh (US)
Liquiteria Inc. (US)
Bolthouse Farms (US)
Hain Celestial (US)
Greenhouse Juice Co (Canada)
Juice Press (US)
Preshafood (Australia)
Juice Warrior (US)
Juice Generation (US),
Rakyan Beverages (India)
Starbucks Coffee Company (US)

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Apple Concentrates MarketSize, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations