QY Research has published another report in the domain of foods & beverages tilted, “Global Organic Apple Juice Market Report, History and Forecast 2014-2025,” which provides a detailed analysis of the apple juice market in the foods and beverages sector. The report also provides the latest updates about mergers and acquisitions, trends, and innovative products in the market.
As per the report, the global organic apple juice market is likely to reach US$ 249.3 bn by the end of 2025 from US$ 101.9 bn in the year 2018. The market is expected to register a CAGR of 13.6% during the forecast period.
Global Organic Apple Juice Market: Drivers and Restraints
The growth of the global market is being driven by the increasing demand for healthy diet juices as awareness towards health and fitness gains momentum. To meet the requirement of the consumer, manufacturers are focusing on the introduction of different varieties and flavors of juices. Innovative packaging and development of a new product are also receiving attention. Apples are not only consumed because of their flavor but also because of its nutritional value. The demand for apple flavored products is expected to drive the growth of the market during the forecast period. Moreover, the juice made for astronauts and military mainly has a shelf life of 4-8 years, which is further creating a positive impact on the growth of the global market.
However, the limited availability of apples is hampering the growth of the global market as farmers are facing challenges due to natural disasters and changing climatic conditions.
Global Organic Apple Juice Market: Forecast by Segmentation
The global market is segmented into application and product type. On the basis of product type, the market is segmented into juice concentrate and 100% pure juice. Based on the application, the market is segmented into man and woman.
Global Organic Apple Juice Market: Geographical Analysis
Europe and North America are expected to be the largest consumption region in the years to come. Asia Pacific is likely to grab a remarkable market share over the projected period.
Global Organic Apple Juice Market: Key Manufacturers
Some of the top players that are functioning in the market are 24 Mantra, Voelkel, Eden Foods, Tianshui Greatwall Fruit Juice & Beverage, Manzana Products, Martinelli's Gold Medal, Bioschaefer, TreeTop, Apple & Eve, Mott's, Profruit, North Coast Organic, Raikastamo, Sonnländer, Uncle Matts, Big B's, Egge Gård, James White Drinks, and Old Orchard Brands.
Global Organic Apple Juice Market: Competitive Landscape
One of the key players, Apple & Eve has launched its new product named Cool Waters, as urban population focusses on low-sugar drinks. The new drink is aimed at children and adults alike as focus shifts on healthy lifestyles. Product diversification will be a key strategy used by companies to increase profitability through targeted sales.
Full Report Overview@ https://www.qyresearch.com/index/detail/1006454/global-organic-apple-juice-market