Fortified Juices are the juices that are rich in minerals, vitamins, probiotics, prebiotics, and other ingredients to enhance the nutritive value of the juice and provide a functional property to the juice. Different types of fortified juices are available in the market under different labels, and most of them are prepared from vegetables, fruits, or a mixture of both.
MARKET DYNAMICS
Emerging consciousness regarding the health benefits of consuming fortified juices amongst consumers is a significant factor that is boosting its demand globally. It can also be attributed to the surging demand for functional beverages. Different variables like an increase in disposable income, evolving dietary habits, an increase in demand for ready to drink beverages are foreseen to thrive in the global market for fortified juices. Moreover, the market is witnessing some obstructions in its growth due to the region-specific availability of raw material and fluctuating prices. More market players are entering in this market and focusing on their research and development activities to launch juices with different fortifying ingredients and innovative flavors to obtain a more extensive customer base. For an efficient distribution network, vendors are entering into agreements and partnerships.
MARKET SCOPE
The "Global Fortified juice Market Analysis to 2028? is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fortified juice market with detailed market segmentation by type, distribution channel, fortifying ingredient and geography. The global fortified juice market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fortified juice market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fortified juice market is segmented on the basis of type, distribution channel, and fortifying ingredient. On the basis of type the global fortified juice market is segmented into fruit juices, vegetable juices, and blended/ mixed juices. By distribution channel the fortified juice market is classified into hypermarkets and supermarkets, conveinence stores, online and others. Based on fortifying ingredient the global fortified juice market is segmented into vitamins, minerals, probiotics and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fortified juice market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fortified juice market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fortified juice market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fortified juice market in these regions.
MARKET PLAYERS
The reports cover key developments in the fortified juice market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fortified juice market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the fortified juice market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fortified juice market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Diana Naturals
- PepsiCo Inc.
- Evolution Fresh
- Doehler Group
- SunOpta Inc.
- Hain BluePrint Inc.
- Sudzucker AG
- MARIGOLD
- Welch Foods Inc.
- The Coca-Cola Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.