The Latest Fruit Juice Industry Statistics Explained
The global fruit juice market was valued at $82.31 billion in 2020.
The statistic “The global fruit juice market was valued at $82.31 billion in 2020” represents the total monetary worth of fruit juice products sold worldwide during the year 2020. This value signifies the significant size and economic impact of the fruit juice industry on a global scale, reflecting consumer demand and market growth. It indicates the market’s overall value in terms of revenue generated from the production, distribution, and sale of fruit juice products by various companies and across different regions. This statistic provides an important insight into the market’s importance and potential opportunities for businesses operating within the fruit juice industry.
The fruit juice market will potentially hit the $110.2 billion mark by 2026.
This statistic indicates that the fruit juice market is expected to grow significantly and reach a total value of $110.2 billion by the year 2026. This projection suggests a positive trend in terms of consumer demand and market growth for fruit juices. Factors such as changing consumer preferences towards healthier beverage options, increased urbanization, rising disposable incomes, and growing awareness about the health benefits of fruit juices may contribute to this anticipated market expansion. Companies operating in the fruit juice industry could potentially capitalize on this growth opportunity by introducing new products, expanding distribution channels, and investing in marketing strategies to meet the increasing demand for fruit juices.
Orange juice is the most consumed juice globally, accounting for more than 40% share.
The statistic “Orange juice is the most consumed juice globally, accounting for more than 40% share” indicates that among all the different types of juices available worldwide, orange juice is the most popular and widely consumed choice. With a market share exceeding 40%, orange juice holds a significant portion of the total juice consumption across the globe. This could be due to factors such as its refreshing taste, vitamin C content, widespread availability, and longstanding popularity. The statistic highlights the dominance and preference for orange juice among consumers on a global scale, making it a key player in the juice market.
North America dominated the fruit juice market in 2019, with a revenue of $31.06 billion.
The statistic indicates that in 2019, the North American region had a significant impact on the fruit juice market, generating a total revenue of $31.06 billion. This suggests that North America played a leading role in the fruit juice industry, possibly due to a combination of factors such as consumer demand, market size, competitive pricing, and marketing strategies. The substantial revenue figure highlights the strength and influence of the North American market in driving sales and shaping trends within the fruit juice industry, positioning the region as a key player in the global market landscape for fruit juices.
The Asia-Pacific fruit juice market is expected to exhibit the highest CAGR in the coming years.
This statistic indicates that the Asia-Pacific fruit juice market is forecasted to experience the highest Compound Annual Growth Rate (CAGR) compared to other regions in the upcoming years. A high CAGR suggests significant potential for growth and expansion in the market for fruit juice products across the Asia-Pacific region. Factors contributing to this expected growth may include increasing consumer demand for healthy food and beverages, rising disposable incomes, changing dietary habits, and a growing focus on wellness and well-being. As a result, companies operating in the fruit juice industry may find lucrative opportunities for market penetration, product innovation, and revenue growth within the Asia-Pacific region in the foreseeable future.
Smoothies showed a compound annual growth rate (CAGR) of about 7% from 2016 to 2020.
The statistic indicates that the smoothie industry experienced a compound annual growth rate (CAGR) of approximately 7% from 2016 to 2020. This means that, on average, the smoothie market grew by 7% each year over the specified period. A CAGR takes into account the compounding effect of growth over multiple periods, providing a more accurate representation of the overall growth rate compared to a simple average. The 7% CAGR suggests that the demand for smoothies has been steadily increasing, indicating a positive trend in the market as consumers show continued interest and purchasing power in this product category over the four-year period.
In 2019, the European Union produced approximately 10.7 million tonnes of fruit juice.
The statistic states that in 2019, the European Union collectively produced around 10.7 million tonnes of fruit juice. This figure provides insight into the significant scale of fruit juice production within the EU during that year, highlighting the region’s importance in the global fruit juice market. The volume of fruit juice production also indicates the potential economic impact of this industry within the EU, including job creation, revenue generation, and trade opportunities. Furthermore, this statistic could be used to assess trends in consumer preferences for fruit juice consumption and the sustainability of fruit production practices within the EU.
About 26% of the total fruit juices marketed worldwide are pure fruit juices.
This statistic indicates that approximately one-quarter of all fruit juices that are being sold globally are classified as pure fruit juices, meaning they do not contain any added sugars, preservatives, or other ingredients. This can suggest a consumer preference for more natural and unadulterated fruit juice products, potentially driven by health concerns or a desire for higher quality beverages. Additionally, the popularity of pure fruit juices may also reflect a trend towards clean eating and a focus on authenticity in food and beverage choices. Overall, the 26% figure highlights a significant portion of the market dedicated to pure fruit juices, indicating a demand for products that offer a more authentic fruit juice experience.
Germany is the largest consumer of fruit juice in Europe.
The statistic “Germany is the largest consumer of fruit juice in Europe” indicates that Germany consumes more fruit juice than any other European country. This implies that the per capita consumption of fruit juice in Germany is higher compared to other European nations. The statistic may reflect Germany’s cultural preferences for consuming fruit juice, as well as potentially higher levels of awareness about the health benefits of fruit juice in the country. Additionally, factors such as marketing strategies, availability of different fruit juice varieties, and economic factors may also contribute to Germany’s status as the largest consumer of fruit juice in Europe.
The number of fruit juice manufacturers in the United States is more than 1,000.
The statistic that the number of fruit juice manufacturers in the United States is more than 1,000 suggests that there is a significant presence of companies producing fruit juices in the country. This data point indicates a diverse market landscape with a large number of players competing in the industry. The high number of manufacturers highlights the popularity and demand for fruit juices in the United States, driving competition and potentially offering consumers a wide range of choices in terms of brands, flavors, and prices. Additionally, it implies a robust and dynamic market environment that may lead to innovation and product development within the fruit juice sector.
Refrigerated orange juice sales in the US reached about $2.29 billion in 2019.
The statistic “Refrigerated orange juice sales in the US reached about $2.29 billion in 2019” indicates the total revenue generated from the sales of refrigerated orange juice products in the United States during the year 2019. This figure represents the collective value of all transactions involving refrigerated orange juice, suggesting a significant market demand and consumer preference for this product category. The substantial sales revenue highlights the economic importance and scale of the orange juice industry within the US market, reflecting both the consumption patterns of individuals and the strategic decisions made by producers and retailers in response to market dynamics.
About 63% of the total fruit juices marketed worldwide are fruit drinks.
This statistic indicates that most of the fruit juices available in the global market are actually fruit drinks rather than pure fruit juices. Fruit drinks typically contain a mixture of fruit juice, water, sweeteners, and other additives, whereas pure fruit juices are made solely from the juice extracted from fruits without any additional ingredients. The fact that about 63% of the total fruit juices marketed worldwide are fruit drinks suggests that consumers may be more inclined towards these blended beverages, possibly due to factors such as taste preferences, convenience, or pricing. This statistic highlights the significant presence of fruit drinks within the fruit juice market and offers insight into consumer choices and industry trends.
In 2018, the world’s top fruit juice companies had a combined net sales of more than $128 billion.
The statistic “In 2018, the world’s top fruit juice companies had a combined net sales of more than $128 billion” indicates the significant economic impact and scale of the global fruit juice industry. This figure highlights the substantial revenue generated by the leading companies in the market, showcasing the widespread consumption and demand for fruit juices worldwide. The high net sales signify the popularity and market dominance of these top fruit juice companies, demonstrating the lucrative nature of the industry. Furthermore, the $128 billion figure exemplifies the competitiveness and profitability of the fruit juice sector, with consumers continuing to purchase and consume these products at a substantial level.
Convenience stores accounted for approximately 65% of all frozen juice sales in the US in 2017.
This statistic indicates that in the United States in 2017, convenience stores were responsible for approximately 65% of all sales of frozen juice products. This implies that convenience stores played a significant role in the frozen juice market, capturing a majority share of the sales volume compared to other types of stores or distribution channels. The high percentage suggests that consumers preferred buying frozen juice products from convenience stores due to factors such as convenience, accessibility, variety of options, or competitive pricing offered by these retail outlets. As a result, convenience stores emerged as a crucial player in the frozen juice industry and likely implemented successful marketing strategies to attract and retain customers looking to purchase these products.
Fruit juice and juice drinks consumption in the UK fell to 2.2 billion liters in 2019.
The statistic “Fruit juice and juice drinks consumption in the UK fell to 2.2 billion liters in 2019” indicates that there was a decrease in the total volume of fruit juice and juice drinks consumed in the UK in the specified year. This reduction can be interpreted as a shift in consumer preferences, health concerns related to high sugar content in many juice drinks, or changing market dynamics. The decline in consumption may also reflect broader trends in the beverage industry, such as the growing popularity of alternative drinks like flavored water or plant-based beverages. Further analysis and research would be needed to fully understand the factors driving this decrease in fruit juice and juice drinks consumption in the UK.
Children aged 2 to 19 in the US get about 3.1% of their daily calories from 100% fruit juices.
The statistic indicates that children in the United States between the ages of 2 to 19 derive approximately 3.1% of their total daily caloric intake from 100% fruit juices. This suggests that fruit juices play a minor role in their overall diet. While fruit juices can provide essential vitamins and minerals, they are also a significant source of added sugars, which can contribute to health issues such as obesity and dental problems. It is important for parents and caregivers to be mindful of the amount of fruit juice consumed by children and to focus on offering a balanced diet that includes a variety of whole fruits and vegetables to ensure optimal nutrition and health outcomes.
About 74% of people believe that drinking fruit juices is beneficial for a person’s health.
The statistic states that approximately 74% of individuals believe that consuming fruit juices is advantageous for one’s health. This indicates a strong majority opinion among the population surveyed, suggesting that the perception of the health benefits of fruit juices is widespread. While this statistic reflects public opinion rather than objective scientific evidence, it highlights the prevailing societal notion regarding the positive effects of fruit juice consumption on health. It could be influenced by factors such as cultural beliefs, marketing campaigns, and personal experiences, and may vary across different demographics and regions. Understanding such perceptions can be valuable for health-related interventions and communication strategies aimed at promoting healthy behaviors among the public.
References
0. – https://www.www.ibisworld.com
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3. – https://www.www.mordorintelligence.com
4. – https://www.www.cdc.gov
5. – https://www.www.prnewswire.com
6. – https://www.www.fortunebusinessinsights.com
7. – https://www.ec.europa.eu
8. – https://www.www.foodingredientsfirst.com
