Published on : Jul 09, 2018
Albany, New York, July 9, 2018: The consumption of fruit juices is becoming increasingly popular as more is learned about their health benefits. Apple juice is one of the best juices to consider using because of its nutritional content and its flavor. Market Research Hub (MRH) has freshly publicized a market intelligence study to its wide repository, which offers readers a clear picture of the current scenario of the apple juice market. The research study is titled as “Apple Juice Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. For a clear understanding, the report provides data on market size and forecast for major countries in their respective regions.
Apple is one of the most extensively cultivated tree fruits and they 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. According to the findings, the apple juice market will continue to witness sales due to the aforementioned health benefits, over the next eight years. The overall growth of the global apple juice market is estimated to be slow-moving at a CAGR of 2%. By 2018 end, the revenue generated from apple juice sales worldwide will reach around US$ 7,163.8 Mn, which is further predictable to cross a value of US$ 8,300 Mn by the end of 2026.
To elaborate further, the research includes market dynamics that are expected to influence the current challenges and future status of the global apple Juice market over the forecast period. Geographically, regions highlighted in the study include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For the benefit of the readers, the report provides a complete perspective on the market’s growth on the basis of revenue in US$ Mn and CAGR. Besides, the report has covered various key segments to identify scope in the market. Key segments include type, nature, end use and distribution channel.
• Organic and conventional are the two nature of apple juice. Out of these, the organic segment is likely to be the most attractive segment in the forecast period due to the increasing consumer preference towards the consumption of organic products.
• By end-use, household segment is likely to grow at an exponential rate. On the other hand, by type, the filtered segment is estimated to account for a significant revenue share in 2018 and the coming years as well.
• On the basis of region, the market in North America and Europe is expected to lead over the forecast period.
In the end, the research provides vital information about the key players operating in the sector. They are Del Monte Food, Inc., The Kraft Heinz Company, Parle Agro Pvt Ltd, The Coca-Cola Company, Eden Foods Inc., Tree Top Inc., Britvic Plc, PepsiCo. Inc., Manzana Products Co., Solana Gold Organics, White House Company and others.
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