Cold Pressed Juice Market: Demand Analysis and Growth Forecast:
The ready to drink perishable beverages and clean label technologies are found often in supermarkets that continue to grow the shelf life. The premium fresh beverages are fabricated with high-pressure processing that uses a hydraulic press. According to National Public Radio, cold pressed juice generates global total sales of $500 million each year. United States food has had the HPP technology for a decade, and most of the beverage manufacturers use it. Cold pressed juice market helps to avoid the amount of food that is wasted while producing natural juice from fruits and vegetables. Since the demand for freshly processed beverages has grown, the supermarkets and hypermarkets have been flouring their shelves with these packaged juices. The replacement of sugar-containing beverages are the new juice cleanses for controlling diet.
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The global Cold Pressed Juice Market size was $6.0 to $6.3 billion in 2018, and the analyst estimates that it will grow with a CAGR of 9.5% to 10.5% during the forecast period of 2019 to 2025. This report covers Cold Pressed Juice market Size by Product and applications, Cold Pressed Juice market share by top 5 companies and also the market share by start-ups during the forecast period.
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Cold Pressed Juice Market: Leading Segment
The consumption of cold pressed juice is more in North America, and the region holds dominance with a cold pressed juice market share of 35% to 37% due to the growing mixed fruit and vegetables market. Furthermore, the application CAGR in the mixed fruits and vegetables segment of the cold pressed juice market will be nearly 11.20% to 11.75% during the forecast period of 2019 to 2025. The use of cold pressed juice is limitless. North America is considered as one of the most health booster and a detoxifying drink to be consumed. The more the cold pressed juice market is growing, it is stroking the packaging machinery market also.
Cold Pressed Juice Market: Market Trends
According to AIJN European Fruit Juice Association, in 2018, the companies were committed to having 15% of their volume sourced sustainably, and it will rise to 30% in 2020, 75% in 2025, and to 100% volume sourced sustainably in 2030. From the environmental point of view, the production and processing of juices concentrates on sustainable development. The organic food and beverage market has chiefly supported the cold pressed juice market worldwide. Most of the population have become diet conscious due to which the major players and startup have started investing in the dietary and detox beverages.
The use of HPP amongst the producers and the retailers have drastically gone high, which is the most preferred technology for better food quality and shelf life. The longer the shelf life the lesser is the food wastage. The cold pressed juice market is also driven by consumption of fruits and vegetable juices at the time of illness. There are sugar-free juices and low-carbohydrate juices that doesn’t bolster the sugar level in blood if consumed in a limited quantity and has low carbohydrate content.
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Cold Pressed Juice Market: Competitive Landscape
Some of the key companies identified in the report that are currently holding majority shares in the global cold pressed juice market are PepsiCo, Inc., HainBluePrint, Inc., Liquiteria Inc., The Coca-Cola Company, Pressed Juicery, Kuka Juice, Greenhouse Juice Co., and Drink Daily Greens LLC.
South America Juice Market
North America Juice Market
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