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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Fruit Juice Market Size
The global fruit juice market size reached a value of about USD 150.52 billion in 2023. It is assessed to grow at a CAGR of 5.2% in the forecast period of 2024-2032 to reach a value of around USD 237.54 billion.
Key Takeaways
| Information | Data |
| Global average daily cost of a healthy diet (2021) | USD 3.66 |
| High cost of a healthy diet in upper-middle-income countries (2021) | USD 3.91 |
| Most widely consumed fruit juice in the world | Orange juice |
| Orange juice record high price (November 2023) | $4.17/lb on the Intercontinental Exchange (ICE) |
| Reason for orange juice price increase | Limited production forecasts in the US, Brazil, and Mexico |
Fruit juice refers to the liquid content found in the tissues of fruits. The product is prepared by either mechanically squeezing the fruit or macerating the flesh of the fruit. The process is usually carried out without the application of heat or solvents. Freshly squeezed fruit juice is widely consumed worldwide owing to its taste and nutritional benefits. It is a rich source of vitamins (such as vitamin C, in oranges), minerals, and antioxidants, although the nutritional content can vary significantly between different types of juice and production methods.
The rising health awareness among consumers and their changing lifestyles play a crucial role in propelling the global fruit juice market growth. Customers around the world are increasingly focusing on health and wellness, which has significantly surged the global expenditure on healthy food products. Another major factor aiding the market is the increasing demand for organic fruit juices, propelling the development of products that are free from artificial additives, preservatives, and sweeteners.
Fruit Juice Market Report Snapshots
Fruit Juice Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 150.52 billion.
The market is estimated to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness healthy growth during the forecast period to reach around USD 237.54 billion by 2032.
The growth of the market is propelled by the increasing focus on sustainability and ethical sourcing and the expanding e-commerce businesses.
The key trends aiding the market expansion include growing health awareness, improving food production capabilities, and growing demand for natural products.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different products in the market report include 100% fruit juice, nectars, concentrates, and powdered juice, among others.
The major players in the market are Del Monte Food, Inc., Parle Agro Private Limited, Ocean Spray Cranberries, Inc., Apple & Eve, LLC, Langer Juice Company, Pioneer Foods (Pty) Ltd, Campbell Soup Company, The Coca-Cola Company, Tropicana Products, Inc., Prodalim B.V, Citrofrut, The Archer-Daniels-Midland Company, Döhler GmbH, Ventura Coastal, LLC, Rauch Fruchtsäfte GmbH & Co OG, Eckes-Granini Group GmbH, and Dabur Ltd, among others.
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