Organic Juices Market is Projected to reach USD 53.6 Billion During Forecast Period 2020 to 2024

Market Overview

Organic juices which are grown naturally without using any chemicals, offer extra micronutrients which includes antioxidants and different vitamins. Organic juices involve the process of adding micronutrients to juices which are generally consumed by consumers of different age. Organic juices offer diverse range of products, enriched with various nutrients. Organic juices are either 100% certified organic juices or 95% certified organic juices.

Competitive Analysis

The Major Key Players in Organic Juices Market are Hain Celestial Group (U.S.), Suja Life, LLC (U.S.), Organic Valley (U.S.), Coca Cola (U.S.), Parkers Organic Juices PTY LTD (Australia), Group Danone (France) and Purity Organic (U.S.)

The demand for organic juices has pushed manufacturers to innovate and develop new product line which are better in taste and offers various health benefits.

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Market Forecast

The growing incidence of diseases and increasing consumer health awareness as well as their aesthetic consciousness are the various trends which have led to the adoption of healthy and natural vegetable juices, which is one of the main variants organic juices come in. Moreover, a healthy diet trend due to the increasing prevalence of various health issues, will play a key role to grow organic juices market at CAGR of 4.6 % during the forecast period.

Downstream Market Analysis

However, fruit juices segment will dominate the organic juices market during the forecast period of 2020-2024. Additionally, mineral-rich varieties are also expected to gain popularity due to mineral deficiency in the contemporary population owing to unhealthy and hectic lifestyles which result in daily unmet mineral needs.

Regional Analysis

Global Organic Juices Market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among this, North American region has major market share followed by Europe. Rising number of health cognizant people and the growing demand for healthy food especially in Netherlands and France will be the crucial factor underlining the market growth.

Segments

  • On the basis of certification, in this market there is either 100% certified organic juices or 95% certified organic juices.
  • On the basis of distribution channel, this market is segmented into store based such as supermarket, hypermarket, convenience stores, specialist retailers and others, and non-store based such as online stores.

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