Boston, MA -- (SBWire) -- 05/24/2016 --Juice Concentrates Market by Type (Fruit, Vegetable), Application (Beverages, Bakery & Confectionery, Soups & Sauces, Dairy), Ingredient, Form, Brand & by Region (North America, Europe, Asia-Pacific, South America) - Global Forecast to 2021
"Juice concentrates market projected to grow at a CAGR of 6.0%"
The juice concentrates market is projected to reach USD 93.94 billion by 2021 at a CAGR of 6.0% from 2016 to 2021. The market is driven by growing consumption of juice concentrates in convenience and packaged food & beverage products. Rising health awareness among consumers, and rising consumption of juice concentrates as a substitute in bakery & confectionery products is likely to drive the demand for jucie concentrates in the near future.
Get More Details on this Report and a Full Table of Contents at Juice Concentrates Market - Global Forecast to 2021
"Single fruit/vegetable concentrate led the market with the largest share in 2015"
Single fruit/vegetable juice concentrates are juices that are derived from a single fruit or a single vegetable. Single fruit concentrates are usually consumed as sugar substitutes in various industries such as bakery, beverage, and food, which is likely to drive its demand in the near future. Apple concentrates, grape concentrates, and pineapple concentrates are some of the commonly used single fruit/vegetable juice concentrates. Single fruit/vegetable concentrates are available in the form of juice, powder, clear, and frozen. There is rising demand for single fruit/vegetable concentrate in the North American and European regions. Increasing health awareness among consumers is likely to drive the demand for single- and multi-fruit/vegetable juice concentartes in both the regions.
"Asia-Pacific to lead the market in terms of growth rate between 2016 and 2021"
The Asia-Pacific region is projected to grow at the highest CAGR during the forecast period. This region has a large market for juice concentrates and is continuously increasing due to economic growth, and high demand for convenience food & beverages.
The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is mentioned as below.
By Company Type: Tier 1 - 40%, Tier 2 - 40%, and Tier 3 - 20%
By Designation: Director level - 20%, C Level - 40%, and Others - 40%
By Region: North America - 25%, Europe - 50%, Asia-Pacific - 25%
AGRANA Investment Corp (Austria), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Sudzucker AG (Germany), and SunOpta, Inc. (Canada) collectively accounted for the largest portion of the juice concentrates market in 2015. Other players such as Diana Naturals (France), SVZ International B.V. (The Netherlands), Skypeople Fruit Juice, Inc. (China), Kanegrade Limited (U.K.), Doehler Group (Germany), and The Ciatti Company (U.S.) also have a strong presence in this market.
Reasons to buy this report:
-To get a comprehensive overview of the global juice concentrates market
-To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
-To gain insights of the major countries/regions in which the juice concentrates market is flourishing
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Beverages research reports at Fast Market Research
You may also be interested in these related reports:
-Global Juice Report 2015 ; Comprehensive Analysis of Trends in the Global Juice Market Including Long-term Forecasts
-Soft Drink Concentrates Market - Global Trends & Forecast to 2019
-MediPoint: Women's Health - Global Analysis and Market Forecasts
-MediPoint: Orthotic and Prosthetic (O&P) Devices - Global Analysis and Market Forecasts
-Laboratory Filtration Market - Global Forecast to 2021
Juice Concentrates Market - Global Forecast to 2021 - New Market Report
Fast Market Research announces the availability of the new Markets and Markets report, "Juice Concentrates Market - Global Forecast to 2021", on their comprehensive research portal