Higher Shelf Life to Boost Demand for Apple Juice Market

Albany, NY -- (SBWire) -- 09/28/2018 --Apple concentrate can be related to the cognitive decline of normal aging, pulmonary function, bone health, and gastrointestinal protection. Some of the polyphenols available in apples that help in fighting diseases are hydroxycinnamic acids, dihydrochalcones, flavan-3-ols, flavonols, and procyanidin B2.

Apple concentrate consists of polyphenols, which helps in protecting the bones during menopause, offers relief from respiratory disorders like asthma and others, helps in preventing Alzheimer's disease, keeps cholesterol levels under control, reduces the risk of various cancers, keep diabetes under control, and helps in weight loss.

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Consumer Choice Manages to Sustain Market Growth

Apple is one of the most widely cultivated tree fruits, and the third-most internationally traded fruit, following banana and grapes. Apples are commonly consumed not only because of their flavor but also because of the important nutrients that they contain, including high levels of antioxidants, vitamins, and dietary fiber. There has been significant growth in the consumption rate of apple flavored juices, sauces, as well as apple juice. The confluence of consumer perception for apple flavored product consumption helps to drive the demand for the product in the global market.

The apple juice market will continue to witness sales due to the aforementioned health benefits, over the next eight years. However, during 2018-2026, the overall growth of the global apple juice market is estimated to be sluggish at a CAGR of 2%. By 2018 end, the revenue generated from apple juice sales worldwide, will possibly reach around US$ 7,163.8 Mn, which is further expected to cross a value of US$ 8,300 Mn by the end of 2026.

Shelf Life Plays a Decisive Role

The shelf life of apple juice concentrate ranges from 1-3 years, and depends on the type of concentrate. Also, finished products made from concentrates will have their own shelf life - six months to years, and this depends on the conditions in which the finished products are stored. Long shelf life not only helps in storing concentrates for longer periods but also eases transportation and use at a later stage. Apart from regular products made from apple concentrate, specialized products are also made for the military and astronauts. Juices made for the military generally have a shelf life of 4-8 years, which is three times the shelf life of juices available for civilians, which is further driving the market growth during the forecast period.

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However, the availability of apple is the biggest challenge these days. Farmers are facing challenges in apple production because of changing climate and natural disasters. The production of apple depends on water availability, climatic conditions, and other factors. Limited availability of apples is creating hurdles in the expansion of business, although the demand for processed apple products is increasing day by day.