Juice Concentrates Market: Trends and Future Growth Insights

Meticulous Research®, a prominent global market intelligence firm, has published its latest report, “Juice Concentrates Market Size, Share, Forecast, & Trends Analysis by Type (Fruit {Citrus, Apple, Grapes} Vegetable {Carrot, Tomato, Beetroot}), Ingredient, Form (Clear Concentrate), Nature (Organic), Application (Food & Beverage) – Global Forecast to 2031.”

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The juice concentrates market is expected to reach $115.50 billion by 2031, with a CAGR of 6.1% over the 2024–2031 forecast period, according to Meticulous Research®. This growth is primarily driven by rising demand for convenience foods, a heightened focus on health and wellness, and innovations in juice concentrate products. However, increasing consumer preference for Not From Concentrate (NFC) juices may limit market expansion.

Additional market drivers include the growing demand for natural and organic foods and a rising interest in plant-based and functional ingredients, which present new growth opportunities. Additionally, the increasing demand for premium and artisanal juice concentrates is a notable trend within the industry.

Key Players
Major players in the juice concentrates market include Archer-Daniels-Midland Company (U.S.), Ingredion Incorporated (U.S.), Kerry Group plc (Ireland), Südzucker Group (Germany), Döhler Group (Germany), Symrise AG (Germany), Tree Top, Inc. (U.S.), FruitSmart, Inc. (U.S.), Kanegrade Limited (U.K.), LEMONCONCENTRATE SLU (Spain), Sunnysyrup Food Co, Ltd. (Taiwan), CHB Group (Greece), and Prodalim B.V. (Netherlands).

The report segments the market by type (fruit juice concentrate {citrus fruit, apple, pineapple, grape, berry, other fruits} and vegetable juice concentrate {carrot, cucumber, tomato, onion, beetroot, and others}), ingredient (single-ingredient vs. multi-ingredient), form (clear concentrate, powder, and others), nature (non-organic vs. organic), application (food and beverage {beverages like nectar, fruit juice, dairy, bakery & confectionery, soups & sauces} and other uses), and geography (North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa). It also evaluates market competitors and analyzes trends at the country level.

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By Type, the market is divided into fruit and vegetable juice concentrates. In 2024, the fruit juice concentrate segment is anticipated to account for 69.8% of the market share due to increased demand for convenience foods, natural product popularity, and fruity flavors. Within fruit concentrates, citrus fruit is expected to lead with a 35.8% share.

By Ingredient, single- and multi-ingredient juice concentrates are assessed, with the multi-ingredient segment expected to grow faster. This is driven by innovations that create unique, nutrient-dense juice blends, enabling manufacturers to meet consumer demand for diverse flavors and functional benefits.

By Form, the market includes clear, powder, and other concentrates, with clear concentrates expected to hold the largest share in 2024. Their popularity is attributed to the demand for natural beverages with long shelf life and a clean flavor profile.

By Nature, the organic segment is anticipated to grow at a higher rate due to increasing health awareness, rising incomes, and a growing interest in sustainability.

By Application, the food & beverage sector is projected to capture 96.0% of the market share in 2024, driven by the expansive soft drinks industry and demand for juice concentrates in dairy and baby foods. The segment is expected to grow at a CAGR of 6.1%, reflecting consumers’ shift toward natural and functional ingredients.

Geographically, Asia-Pacific is set to lead with the highest CAGR of 7.3% through 2031. Factors driving growth include a preference for natural and health-oriented products, urbanization, rising fruit juice demand, increasing health awareness, evolving consumer lifestyles, and technological advancements in the food and beverage industry.

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Key Questions Answered in the Report:

• What are the historical market sizes and growth rates of the juice concentrates market?
• At what rate is the juice concentrates demand projected to grow over the next 5–7 years?
• What are the major factors impacting market growth at the regional and country levels? What are the opportunities for existing players and new entrants in the market?
• Which segments, in terms of type, ingredient, form, nature, and application, are expected to create traction for the manufacturers in this market during the forecast period 2024–2031?
• What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the players operating in the juice concentrates market during the forecast period 2024–2031?
• Who are the major players in the juice concentrates market? What are their specific product offerings in this market?
• What are the recent strategic developments in the juice concentrates market? What are the impacts of these strategic developments on the market?