What is Lime Juice?
Lime juice is a staple that is used to make limeade or as an ingredient while preparing food or in alcoholic or non-alcoholic beverages. Lime juice is typically used to give lime flavor or taste to most beverages items and also can be used as a sour mix in food dishes like ceviche or poke. However, the availability of antioxidants and vitamin C in lime juice can help to boost immunity reduce heart disease risk factors, prevent kidney stones, aid iron absorption, etc. It is also used in cosmetics to provide glow and gloss to the skin.
The market study is broken down, by Application (Limeade, Cooking, Beverages, Cosmetics and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Lime Juice market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lasky Herbal (India), Malabar Food Products (India), Manak Citrus Products (India), Lemon Concentrate (Spain), PepsiCo (United States), Ingrilli Citrus, Inc. (United States), Nielsen Citrus Products Company, Inc. (United States), Sun Orchard (United States), PerriconeFarms (United States), Minute Maid (United States) and DÖHLER (Germany) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Lime Juice market by Type, Application and Region.
On the basis of geography, the market of Lime Juice has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Natural will boost the Lime Juice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Residential will boost the Lime Juice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Lime Juice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In July 2019, PepsiCo, the US food & beverage giant acquired Pioneer Foods to expand the business and become the global leader in convenient foods and beverages by ‘winning with purpose’. The company Pioneer Foods has strong positions in cereals, juices, and other African nutritional food staples. The acquisition will help PepsiCo for business expansion in South Africa and Sub-Saharan Africa as well by operating new unit. Further, it is also expected to enable PepsiCo to expand its sustainable farming program in Africa and work with local farmers and suppliers to help boost yields, improve livelihoods and preserve precious natural resources.
In September 2020, Bundy Juice launched a new product with its freshly squeezed range of Lime Juice and Lemon Juice with the aim of expanding business in the hospitality industry to be used both in cooking and as additions to drinks. According to the company, the new product is made from 100 percent fresh juice and comes in a two-liter bottle that is ideal for commercial purposes.
- Growing Trend of Lime Flavored Carbonated & Uncarbonated Beverages
- Increasing Awareness About Health & Skin Benefits of Lime Juice
- Growing Need to Enhance the Flavors in Food Dishes and Mix in Alcoholic and Non-Alcoholic Beverages
- Increased Use of Juices that Contains Vitamin C to Improve Immunity in the Coronavirus Crises
- Allergies Related to Citrus Fruits or Products
- High Adoption of Homemade Lime Juice
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Lime Juice Manufacturers, Suppliers and Distributors of Lime Juice, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Lasky Herbal (India), Malabar Food Products (India), Manak Citrus Products (India), Lemon Concentrate (Spain), PepsiCo (United States), Ingrilli Citrus, Inc. (United States), Nielsen Citrus Products Company, Inc. (United States), Sun Orchard (United States), PerriconeFarms (United States), Minute Maid (United States) and DÖHLER (Germany) etc.
2. Can we have customized study for Lime Juice Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Lime Juice Market by 2026?
Analysts at AMA estimates Lime Juice Market to reach USD Million by 2026.