What is Noni Juice Market Scope?
Noni juice is known as a tropical drink manufactured from the fruit of the Morinda citrifolia tree. This fruit grows among lava flows in Southeast Asia, majorly in Polynesia. Noni is basically a lumpy, mango-sized fruit that is yellow in color. Itís very bitter and has a distinct odor that is as compared to stinky cheese. In Polynesian, it has used as the traditional folk medicine for over 2,000 years. Itís generally used to treat health issues such as constipation, infections, pain, and arthritis. In the current situation, noni is majorly consumed as a juice blend. The manufacturers are heavily investing in the advanced packaged technique with potent antioxidants and may be derived from several health benefits.
The Noni Juice market study is being classified by Type (Natural and Organic), by Application (Food & Beverage, Pharmaceutical and Personal Care) and major geographies with country level break-up.
The manufacturers are operating in this market are exploring their footprint across new geographical regions by adopting various mergers & acquisitions, expansions, investments, new product launches, and many others. Key players are exploring new areas through expansions and acquisitions across the world to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Noni Juice market throughout the predicted period.
Dave's Group of Companies (India), Vitis Industries (Australia), Royal Noni Fiji Ltd (Fiji), Noni Biotech International, LLC (United States), Cook Islands Noni Marketing Ltd. (Australia), Tahitian Gold Co., Inc. (United States), Virgin Noni Juice (United States), Noni Connection Inc. (United States), NewAge (United States) and Herbal Canada (Canada) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kapiva (India), Sharrets Nutritions LLP (India) and Sri Nature Ayur (India).
Analyst at AMA have segmented the market study of Global Noni Juice market by Type, Application and Region.
On the basis of geography, the market of Noni 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).
In May 2019, New Age Beverages Corporation announced the launch of its Noni Collagen Product in China. Through this initiative, the company is enhancing its market share across China. The Company is in the procedure of rolling out the product via their offline distribution network and online in the Country and will be expanding to other provinces as capacity permits.
Influencing Market Trend
- Development in Packaging Technology
- Advancement in E-Commerce Platforms
- Increase Health Conscious Among Consumer
- Growing Demand for the Healthy and Nutritious Products
- Development in Personal Care Industry
- Advancement in Healthcare Sector
- Fluctuation in Prices of Raw Materials
- Disruption in Supply Channels
- Increase Concern Towards its Reactions Such as Liver Damage and Absorptions
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Noni Juice Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Noni Juice market expands?
The Global Noni Juice market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Noni Juice market?
The prominent players of Global Noni Juice market are Dave's Group of Companies (India), Vitis Industries (Australia), Royal Noni Fiji Ltd (Fiji), Noni Biotech International, LLC (United States), Cook Islands Noni Marketing Ltd. (Australia), Tahitian Gold Co., Inc. (United States), Virgin Noni Juice (United States), Noni Connection Inc. (United States), NewAge (United States) and Herbal Canada (Canada), to name a few.
3. What are the top priorities to focus for Noni Juice marketís growth?
In this highly competitive & fast evolving Noni Juice industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.