South Korea Cold Pressed Juice Market Report and Forecast 2024-2032

South Korea Cold Pressed Juice Market Outlook

The South Korea Cold Pressed Juice Market is expected to grow at a CAGR of about 3.1% in the forecast period of 2024-2032. The growing consumer awareness regarding the health benefits of consuming cold-pressed juices and the popularity of online distribution channels are expected to drive the growth of the South Korea Cold Pressed Juice Market during the given forecast period.

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The South Korea Cold Pressed Juice Market is Expected to be Driven by the Health Benefits Offered by the Product

There is a huge shift towards healthy products due to the increasing consumer awareness. Especially after the pandemic, consumers are actively adopting the healthy eating habits to boost their immunity. The beverage industry has developed and introduced functional drinks with added nutritional elements and health-promoting effects as a result of lifestyle changes and increasing awareness among health-conscious customers. Additionally, a shift in customer tastes for unprocessed beverages may be seen in the rapidly expanding demand for freshly squeezed, unpasteurized fruit and vegetable juices. As a result, several beverage producers have begun offering freshly squeezed, unpasteurized, cold-pressed juices as they are healthier and can be kept for longer periods than standard centrifugal juices.

Cold pressed juices are low on calories and high in nutrients  like vitamins, minerals and antioxidants. Some types of juices lower blood pressure help in weight management reduce the chances of developing cardiovascular diseases and helps in the prevention and management of chronic diseases like cancer.

Customers are now much more inclined towards natural and organic products that are free of synthetic colours, flavouring compounds, preservatives and pesticides which is increasing the demand for cold-pressed juices. 

Market Segmentation:

Cold-pressed juices  are extracted by crushing the fruits and vegetables via a hydraulic press under a certain cooling temperature to get the maximum amount of juice with a high nutrient value.

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By product type, the cold pressed market of South Korea can be segmented into:

• Vegetable

• Fruits

• Mixed

By packaging material, South Korea Cold Pressed Juice Market can be divided into:

• Glass

• Plastic

• Others

By distribution, South Korea Cold Pressed Juice Market can be bifurcated into:

• Supermarket and hypermarket

• Convenience stores

• Online stores

• Others

Increased Popularity of Ready-To-Drink Juices Due to Hectic Lifestyle is Driving the Growth of Cold Pressed Juice

Customers who purchase packaged beverages can enjoy a healthy lifestyle without having to spend a lot of time preparing them. The growing trend of people skipping breakfast and their search for a nutritious on-the-go alternative are reasons that are boosting consumer interest in cold-pressed juice. Effective juice packaging draws customers' attention in addition to protecting and preserving the juice. Glass bottles, aluminium cans, paper-plastic composite materials, and paper carton packages are some of the most common types of packaging that are used in the cold-pressed juice packaging industry. With increased awareness regarding recycling and waste management, people are now more inclined towards the glass and paper-based packaging. Such sustainable packaging options attract environmentally conscious people and aid the cold-pressed juice market in South Korea.

Consumers prefer to buy from supermarkets and hypermarkets due to the wide range of product availability. The products’ packaging and health-related information given attract the customers to purchase them. Also, the popularity of online channels is steadily increasing due to doorstep delivery and higher discounts availability while buying from the comfort of their homes. Moreover, a lot of time, energy and fuel is saved which is also contributing to the increased consumption of cold pressed juice in the country. 

Increasing consumer demand for healthy products, busy lifestyles, rising disposable incomes, changing dietary habits, and rising standards of living are currently driving the market. The market is also driven by the increased concern about sugar consumption brought on by the rising diabetes and obesity rate. Drinking cold-pressed juice improves cognitive health,  protects the body against free radicals, it helps to meet the recommended daily requirements of various nutrients like vitamin A, B, C, K and more. Consuming cold-pressed juice before a workout session gives energy and stamina to achieve fitness goals. These factors make cold-pressed juices a preferred option among fitness enthusiasts and diet-conscious people, thereby proliferating the growth of South Korea Cold Pressed Juice Market.

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Key Players in the South Korea Cold Pressed Juice Market

The report gives a detailed analysis of the following key players in the South Korea Cold Pressed Juice Market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Integrity Group Co., Ltd (Mercy Juice)

• Next Kitchen Co., Ltd. (Colin’s Green)

• Organica Co.Ltd

• Suja Life, LLC

• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report