What is Apple Juice Concentrate?
The increasing awareness in the customers pertaining to added sugar in food has raised the need for natural sugars will help to boost the global Apple Juice Concentrate market in the forecasted period. Apple Juice Concentrate is a versatile ingredient with its neutral color and flavor. Use as a sweetener, or to enhance other fruit characteristics in candies, frozen novelties, fruit snacks, jams, jellies, sauces, and beverages.
The market study is broken down by Type (Cloudy Apple Juice Concentrate, De-ionized Apple Juice Concentrate and Clarified), by Application (Dairy & Frozen Desserts, Bakery & Confectionery, Beverages, Sauces, Dips & Spreads and Others) and major geographies with country level break-up. According to AMA, the Global Apple Juice Concentrate market is expected to see growth rate of 5.4%
Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Apple Juice Concentrate 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.
Ingredion Incorporated (United States), H&H Products Company (United States), Welch’s (United States), Ve.Ba. Cooperativa Ortofrutticola S.C. (Italy), Döhler (Germany), Louis Dreyfus Holding B.V. (Netherlands), Sonnländer (Germany), Tree Top, Inc. (United States) and LemonConcentrate S.L. (Spain) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Apple Juice Concentrate market by Type, Application and Region.
On the basis of geography, the market of Apple Juice Concentrate 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). Europe region held largest market share in the year 2020. If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Apple Juice Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 11th November 2020, Ingredion Incorporated, a leading global provider of ingredient solutions to the food and beverage manufacturing industry, announced that it signed an agreement with James Cameron and Suzy Amis Cameron to acquire the remaining portion of ownership in Verdient Foods Inc. that the Company did not already own. The acquisition is expected to close this month. The transaction was funded from the company's available liquidity. No other terms of the transaction were disclosed.
On 26 September 2019, Louis Dreyfus Company (LDC) and Luckin Coffee (Luckin) have signed an agreement to establish a joint venture (JV) to develop a co-branded Luckin Juice business in China. The signing ceremony in Singapore was attended by Zhengyao Lu, Chairman of Luckin Coffee, Margarita Louis-Dreyfus, Chairperson of Louis Dreyfus Holding B.V., Ian McIntosh, CEO of LDC, and other members of senior management from the two companies.
- The increasing consciousness is expected to create immense growth
- The growing popularity of convenience food & beverage
- The growing awareness amongst consumers pertaining to added sugar in food
- The increasing demand for natural plant-based ingredients
- The increasing investments in R&D has led to the introduction of new product lines of cold-pressed juices
- The introduction of new varieties in terms of flavor, packaging, and specialty ingredients,
- The increasing demand for not from concentrate (NFC) and cold-pressed juices
- The stringent government regulations
Key Target AudienceGovernment Research Technology, Research Organization, Private Research Organizations 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 Ingredion Incorporated (United States), H&H Products Company (United States), Welch’s (United States), Ve.Ba. Cooperativa Ortofrutticola S.C. (Italy), Döhler (Germany), Louis Dreyfus Holding B.V. (Netherlands), Sonnländer (Germany), Tree Top, Inc. (United States) and LemonConcentrate S.L. (Spain) etc.
2. Can we have customized study for Apple Juice Concentrate 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 Apple Juice Concentrate Market by 2026?
Analysts at AMA estimates Apple Juice Concentrate Market to reach USD Million by 2026.