Global Apple Juice Concentrate Market Research Report—Forecast till 2025
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Global Apple Juice Concentrate Market Research Report—Forecast till 2025 Summary
Global Apple Juice Concentrate Market: Information by Type (Cloudy, De-Ionized and Clarified), Application (Dairy & Frozen Desserts, Bakery & Confectionery, Beverages, Sauces, Dips & Spreads, and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025
Key Players:
Market Research Future recognizes Ingredion Incorporated (US), H&H Products Company (US), Welch’s (US), Ve.Ba. Cooperativa Ortofrutticola S.C. (Italy), Döhler (Germany), Louis Dreyfus Holding B.V. (Netherlands), Sonnländer (Germany), Tree Top, Inc. (US), and LemonConcentrate S.L. (Spain) as the Key Players active in the Global Apple Juice Concentrate Market.
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Global Apple Juice Concentrate Market Research Report—Forecast till 2025 Market Overview
Global Apple Juice Concentrate Market has witnessed continued growth over the last few years and is projected to grow by USD 2,139.1 Million from 2018 to 2025 at a CAGR of 4.3%. With the increasing health concerns among consumers, the demand for products made from natural and healthy ingredients is on the rise. Apple is a rich source of antioxidants, flavonoids, and dietary fiber, which help in reducing the risk of developing cancer, hypertension, diabetes, and heart disease. Being natural and healthy, apple juice concentrate is used as a suitable substitute for various synthetic ingredients in food & beverage applications. Several producers of food products and beverages are shifting toward natural nutrient-rich ingredients that offer several health benefits. The use of botanicals including apple juice concentrate has increased in the manufacturing of beverages. The growing adoption of flexitarian and vegan diets has led manufacturers of plant-based beverages to expand their product offerings. Besides, most of the population across the world, especially in Europe and North America, are shifting their preferences toward plant-based beverages. Thus, the rising demand for natural plant-based ingredients in various food & beverage applications is driving the growth of the global market for apple juice concentrate.
Regional Analysis
Geographically, the global apple juice concentrate market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Europe dominated the market, accounting for the largest market share of nearly 35% in 2018. However, the Asia-Pacific apple juice concentrate market is expected to register the highest CAGR of 5.1% during the assessment period, 2019 to 2025.
Segmentation Global Apple Juice Concentrate Market has been segmented based on Type, Application, and Region. By type, the global market has been divided into cloudy, de-ionized, and clarified. In terms of revenue, the clarified segment dominated the global apple juice concentrate market in 2018. Based on application, the global apple juice concentrate market has been classified as dairy & frozen desserts, bakery & confectionery, beverages, sauces, dips & spreads, and others. In 2018, the beverages segment constituted the largest revenue share of the market as Apple juice concentrate is widely used in a broad range of beverages such as smoothies, refrigerated juices, shelf-stable juices, beers, ciders & wines, and coffee & tea.
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Copyright Š 2017 Market Research Future.
Global Apple Juice Concentrate Market Research Report—Forecast till 2025
Intended Audience • • • •
Apple juice concentrate manufacturers Food & beverage manufacturers Research institutes and organizations Traders, importers, and exporters
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Copyright © 2017 Market Research Future.
Global Apple Juice Concentrate Market Research Report—Forecast till 2025
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Copyright Š 2017 Market Research Future.