This market report comprehensively covers the market by product type, flavor, packaging type, distribution channel, and region. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, and market share by companies, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Iraq Fruit Juice market witnessed moderate growth during the period 2017-2020 underpinned by improving lifestyle, economic growth and rising health concerns in the country, along with rising demand for healthy food and beverages from Iraq population. The rising per capita income of the country is one of the major factors driving the growth of the fruit juice market in Iraq owing to the increasing disposable income. However, the outbreak of the COVID-19 pandemic resulted in a slow down in 2020 owing to the social distancing norms and strict lockdown imposed in the country which pushed the retail sector to a shutdown. Recovery is expected in 2021 owing to the gradual opening of retail sector and restart of the business operations which would improve the economic conditions of the country resulting in an increased purchasing power of the consumers.
According to the report, the Iraq fruit juice market is projected to grow at a CAGR of 5.8% during 2021-2027F. The major demand for fruit juices is generated by the general public for refreshments. Rising health concerns have also pushed the population to adopt a healthy lifestyle. The COVID-19 crisis led to the shutdown of the retail sector resulting in the decline of fruit juice sales in the country. The increasing demand for fitness centers and gyms would further propel the demand for fruit juices for refreshment. The rising imports of fruits and juices would accelerate the local production of fruit juices in the country. Offline distribution channel held the majority share in the Iraq fruit juice market as a result of the ease of shopping in the retail stores and the high availability of fruit juices in small shops to large supermarkets. The instant consumption of fruit juices bought through retail stores is one of the major factor for the dominance of offline distribution channel.
Juice drinks led the fruit juice market on account of its high availability across the retail stores and its low price compared to the other counterparts. In the forecast period, juice drinks are expected to retain their dominancy in the fruit juice market owing to its high water content and the ability to quench thirst in hot summers. Additionally, Nectars, Juice drinks, and concentrates are the other key product categories in the Iraq fruit juice market.
Offline distribution channel dominated the fruit juice market in 2020, owing to the convenience provided by retail sectors and the high availability of fruit juices in small shops to large supermarkets. The instant consumption of fruit juices bought through retail stores is one of the major factor for the dominance of offline distribution channels.
Iraq Fruit Juice Market Synopsis
Iraq Fruit Juice market witnessed moderate growth during the period 2017-2020 underpinned by improving lifestyle, economic growth and rising health concerns in the country, along with rising demand for healthy food and beverages from Iraq population. The rising per capita income of the country is one of the major factors driving the growth of the fruit juice market in Iraq owing to the increasing disposable income. However, the outbreak of the COVID-19 pandemic resulted in a slow down in 2020 owing to the social distancing norms and strict lockdown imposed in the country which pushed the retail sector to a shutdown. Recovery is expected in 2021 owing to the gradual opening of retail sector and restart of the business operations which would improve the economic conditions of the country resulting in an increased purchasing power of the consumers.
According to the report, the Iraq fruit juice market is projected to grow at a CAGR of 5.8% during 2021-2027F. The major demand for fruit juices is generated by the general public for refreshments. Rising health concerns have also pushed the population to adopt a healthy lifestyle. The COVID-19 crisis led to the shutdown of the retail sector resulting in the decline of fruit juice sales in the country. The increasing demand for fitness centers and gyms would further propel the demand for fruit juices for refreshment. The rising imports of fruits and juices would accelerate the local production of fruit juices in the country. Offline distribution channel held the majority share in the Iraq fruit juice market as a result of the ease of shopping in the retail stores and the high availability of fruit juices in small shops to large supermarkets. The instant consumption of fruit juices bought through retail stores is one of the major factor for the dominance of offline distribution channel.
Market by Product Type
Juice drinks led the fruit juice market on account of its high availability across the retail stores and its low price compared to the other counterparts. In the forecast period, juice drinks are expected to retain their dominancy in the fruit juice market owing to its high water content and the ability to quench thirst in hot summers. Additionally, Nectars, Juice drinks, and concentrates are the other key product categories in the Iraq fruit juice market.
Market by Distribution Channel
Offline distribution channel dominated the fruit juice market in 2020, owing to the convenience provided by retail sectors and the high availability of fruit juices in small shops to large supermarkets. The instant consumption of fruit juices bought through retail stores is one of the major factor for the dominance of offline distribution channels.
Key Attractiveness of the Report
- COVID-19 Impact on the Market
- 10 Years Market Numbers
- Historical Data Starting from 2017 to 2020
- Base Year: 2020
- Forecast Data until 2027
- Key Performance Indicators Impacting the Market
- Major Upcoming Developments and Projects
Key Highlights of the Report
- Iraq Fruit Juices Market Outlook
- Market Size of Iraq Fruit Juices Market, 2020
- Forecast of Iraq Fruit Juices Market, 2027
- Historical Data and Forecast of Iraq Fruit Juices Revenues & Volume for the Period 2017-2027
- Iraq Fruit Juices Market Trend Evolution
- Iraq Fruit Juices Market Drivers and Challenges
- Iraq Fruit Juices Price Trends
- Iraq Fruit Juices Porter's Five Forces
- Iraq Fruit Juices Industry Life Cycle
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Product Type for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Carbonated Juices for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Naturally Sweetened for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Health Juice for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Fruit Juice for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Pre-Biotic and Pro-Biotic for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Others for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Concentration Type for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Concentrated for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Non-Concentrated for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By By Packaging Type for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By PET/Plastic for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Metal can for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Tetrapaks for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Glass for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Other for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Distribution Channel for the Period 2017- 2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Online for the Period 2017-2027
- Historical Data and Forecast of Iraq Fruit Juices Market Revenues & Volume By Offline for the Period 2017-2027
- Iraq Fruit Juices Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Concentration Type
- Market Opportunity Assessment By Distribution Channel
- Iraq Fruit Juices Top Companies Market Share
- Iraq Fruit Juices Competitive Benchmarking By Technical and Operational Parameters
- Iraq Fruit Juices Company Profiles
- Iraq Fruit Juices Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
- By Product Type
- 100% Fruit Juice
- Nectars
- Juice Drinks
- Concentrates
- Others
- By Flavor
- Orange Juice
- Mango Juice
- Apple Juice
- Pomegranate
- Mixed Fruits
- Others
- By Packaging Type
- PET / Plastic
- Metal Cans
- Tera Packs
- Others
- By Distribution Channel
- Online
- Offline
Table of Contents
1 Executive Summary5 Iraq Fruit Juices Market Trends8 Iraq Fruit Juices Market Key Performance Indicators11 Company Profiles12 Recommendations
2 Introduction
3 Iraq Fruit Juices Market Overview
4 Iraq Fruit Juices Market Dynamics
6 Iraq Fruit Juices Market, by Types
7 Iraq Fruit Juices Market Import-Export Trade Statistics
9 Iraq Fruit Juices Market - Opportunity Assessment
10 Iraq Fruit Juices Market - Competitive Landscape
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