Global Apple Juice Market worth $22.4 billion by 2027 at a growth rate of 5.3% - IndustryARC

High Consumer Demand for Packaged Juices Owing to Hectic Lifestyle is Driving the Global Apple Juice Market.

HYDERABAD, TELANGANA, INDIA, November 30, 2022 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Global Apple Juice Market Size is estimated to reach $22.4 billion by 2027. Furthermore, it is poised to grow at a CAGR of 5.3% over the forecast period of 2022-2027. Apple juice is made by macerating and pressing an apple and has a variety of health benefits. During the manufacturing process, apple juice can be processed with enzymatic and centrifugal clarifying to remove pectin and starch. Polyphenols and main organic acids were determined in apple juices. Apples are one of the most frequently produced tree fruits and the third most traded fruit in the world, behind bananas and grapes. Apples are popular not only for their deliciousness but also for the key elements they offer such as rich antioxidants, vitamins and dietary fiber. Dehydration procedures are used to concentrate the juice. People nowadays drink fewer, higher-quality juices and are willing to spend more for the health benefits they associate with them.

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Key takeaways:

This IndustryARC report on the Apple Juice Market highlights the following areas -

1. Geographically, North America held a dominant market share in the year 2021 to a rise in the demand for global apple Juice in the food & beverage industry.

2. Apple is rich in plant compounds, mainly polyphenols that protect cells from inflammation & oxidative damage and also help in chronic conditions like cancer & heart disease. Manufacturers' increasing awareness of the health benefits of apple juice will help the market's growth during the forecast period of 2022-2027. However, high sugar content & additives present in juice may stymie market expansion throughout the forecast period.

3. A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Global Apple Juice Market Report.

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Segmental Analysis:

Apple Juice Market Segment Analysis - By Product Type : Global Apple Juice Market based on nature can be further segmented into Organic and Conventional. The conventional product segment held a dominant market share in the year 2021.

Apple Juice Market Segment Analysis - By Distribution Channel : Global Apple Juice Market based on type can be further segmented into Unfiltered apple juice and Filtered apple juice. The Filtered apple juice segment held a dominant market share in the year 2021.

Apple Juice Market Segment Analysis - By Geography : The Global Apple Juice Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America and the Rest of the World. North America held a dominant market share of 34% in the year 2021. Owing to the high demand for organic food and its natural taste along with health benefits, North America is currently one of the key markets for the apple juice market.

Competitive Landscape:

The top 5 players in the Apple Juice Industry are -

1. Martinelli's Gold Medal
2. Simply Orange Juice
3. Eden Foods
4. Manzana Products
5. TreeTop

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