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Asia-Pacific Fruits & Vegetable Juice Market Outlook, 2028

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    Report

  • 88 Pages
  • May 2023
  • Region: Asia Pacific
  • Bonafide Research
  • ID: 5821406
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Traditional medicine and remedies are deeply rooted in many Asian cultures. Consumers in the region often seek fruit and vegetable juices based on their perceived health benefits and alignment with traditional medicinal practices. Certain ingredients, such as ginger, turmeric, aloe vera, and ginseng, are highly valued for their healing properties and are incorporated into juices. Many cultures in the Asia Pacific region have a long-standing preference for natural and organic products. Consumers prioritize juices made from fresh fruits and vegetables without artificial additives, preservatives, or synthetic ingredients. This emphasis on natural and organic aligns with the growing global trend towards healthier and sustainable food choices. In the Asia Pacific region, the growth in the fruit and vegetable market is driven by the Heightened demand for healthy food from an increasingly health conscious base. In addition, the advancing retail sector in the region has increased the accessibility of consumer to a wide range of products being introduced in the market, which is supplementing the growth rate. As people become more health-conscious, there is a growing demand for natural and nutritious beverages. Fruit and vegetable juices are perceived as healthy alternatives to carbonated drinks, and consumers are actively seeking products that offer nutritional benefits. Cultural rituals and wellness practices are an integral part of Asian lifestyles. Fruit and vegetable juices are often incorporated into these rituals, such as morning detox routines, religious ceremonies, or as offerings to deities. These practices reinforce the cultural significance of juices and their association with health, purity, and spiritual well-being.

According to the research report Asia Pacific Fruit & Vegetable Juice Market Outlook, 2028, the market is expected to grow at 7.15% CAGR by 2023-28. Urbanization, globalization, and Western influences have led to changes in dietary patterns in the Asia Pacific region. There is a shift towards a more diverse and inclusive diet that includes a greater consumption of fruits and vegetables. Fruit and vegetable juices offer a convenient way to incorporate these essential nutrients into daily routines. The beverage industry as a whole is expanding in the Asia Pacific region, driven by factors such as changing consumer preferences, urbanization, and the availability of a wide range of beverage options. Fruit and vegetable juices are part of this growth trajectory, benefiting from the overall expansion of the beverage market. Based on the types consider in this report are Fruit Juice, Vegetable Juice, Fruit & Vegetable Blends and Nectar. In Asia pacific region the Fruit juice is hold the highest market shares, many societies in the Asia Pacific district have a well-established custom of consuming organic product based drinks. Fruits have cultural significance in a variety of festivals, rituals, and ceremonies. Fruit juices are therefore deeply ingrained in the regional culinary practices and daily routines. Traditional medicine practices in the Asia Pacific region often emphasize the health benefits of specific fruits. Certain fruits are believed to possess medicinal properties and are incorporated into traditional remedies. This cultural association reinforces the consumption of fruit juices for their perceived health-enhancing properties. Mango juice is a widely enjoyed fruit juice in the region. It can be diluted with water or blended with milk to create a refreshing beverage. As well as the Orange juice is another popular choice, especially during breakfast. It can be mixed with water or combined with milk for a creamy variation.

There are several Government Initiative regarding the Fruit & Vegetable Juice market, Governments in the Asia Pacific region generally have regulations in place to ensure the safety and quality of food products, including fruit and vegetable juices. These regulations may cover aspects such as hygiene standards, labeling requirements, and permissible additives. Many countries have established quality standards for fruit and vegetable juices to protect consumers and promote fair trade. These standards may specify parameters such as minimum fruit content, permissible additives, and maximum levels of contaminants. Governments often implement certification programs and conduct inspections to ensure compliance with food safety and quality standards. This may involve regular inspections of juice manufacturing facilities, testing of products, and granting certifications to businesses that meet the prescribed criteria. Governments may have specific regulations pertaining to the import and export of fruit and vegetable juices. These regulations may include requirements for documentation, labeling, and compliance with sanitary and phytosanitary measures. Governments often have import and export regulations that apply to fruit and vegetable juices. These regulations may include requirements for documentation, labeling, and compliance with sanitary and phytosanitary measures. They aim to ensure that imported and exported juices meet the necessary quality and safety standards.

Based on the countries cover in this report are China, japan, India, Australia and South Korea, in Asia Pacific region the China is leading the Fruit & Vegetable juice market in 2022. China has the largest population in the world after India, which creates a massive consumer base for the fruit and vegetable juice market. The sheer size of the population presents significant market opportunities and drives demand for a wide range of products, including juices. China's rising middle class has experienced increased purchasing power and improved living standards. This has led to higher consumer spending on healthier and premium products, including fruit and vegetable juices. The growing middle class is a key driver of the market's expansion. The Chinese government has implemented various policies and initiatives to support the agricultural and food processing sectors. These efforts include subsidies, infrastructure development, and promotional campaigns to boost the consumption of locally produced fruits and vegetables, including their processed forms like juices.

Based on the Distribution channel includes the Hypermarket/supermarket, Online, Convenience Stores and Others (Cafes, Clubs, Restaurant’s, Etc.). In the Asia Pacific region the hypermarket/supermarket is having the highest market share in this region. There are several hypermarket and supermarket that offer the Fruit juice and vegetable juice with the many variety of juice, there are several Hypermarket/supermarket that offer the fruit and vegetable juice, are the Carrefour, Tesco, Walmart and Aeon. These large-format stores typically have a vast selection of products, including fruits, vegetables juice, household items, and more. They offer a wider variety of brands, flavors, and options compared to smaller stores, giving consumers more choices. Supermarkets and hypermarkets require significant infrastructure and logistics capabilities to operate efficiently. As the Asia Pacific region experiences economic growth and urbanization, there has been an expansion of infrastructure, including improved transportation networks and logistics systems, making it easier to establish and manage large-format retail stores.

Considered in this report

  • Geography: Asia Pacific
  • Historic year: 2017
  • Base year: 2022
  • Estimated year: 2023
  • Forecast year: 2028

Aspects covered in this report

  • Asia Pacific Fruit & Vegetable Juice market with its value and forecast along with its segments
  • Country-wise Fruit & Vegetable Juice market analysis
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

Countries covered in the report:

  • China
  • Japan
  • India
  • Australia
  • South Korea

By Type

  • Fruit Juice
  • Vegetable Juice
  • Fruit & Vegetable blend
  • Nectar

By Distribution Channel

  • Supermarket/hypermarket
  • Convenience Stores
  • Online
  • Others (Cafes, Clubs, Restaurant’s, Etc.)

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Artificial Lawn industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

1. Executive Summary
2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Global Fruit & Vegetable Juice Market Outlook
5.1. Market Size By Value
5.2. Market Share By Region
5.3. Market Size and Forecast, By Geography
5.4. Market Size and Forecast, By Products Types
5.5. Market Size and Forecast, By Distribution Channel
6. Asia-Pacific Fruit & Vegetable Juice Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Products Types
6.4. Market Size and Forecast, By Distribution Channel
7. Market Dynamics
7.1. Market Drivers & Opportunities
7.2. Market Restraints & Challenges
7.3. Market Trends
7.4. Covid-19 Effect
7.5. Supply chain Analysis
7.6. Policy & Regulatory Framework
7.7. Industry Experts Views
7.8. China Fruit & Vegetable Juice Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Size and Forecast By Products Types
7.8.3. Market Size and Forecast By Distribution Channel
7.9. Japan Fruit & Vegetable Juice Market Outlook
7.9.1. Market Size By Value
7.9.2. Market Size and Forecast By Products Types
7.9.3. Market Size and Forecast By Distribution Channel
7.10. India Fruit & Vegetable Juice Market Outlook
7.10.1. Market Size By Value
7.10.2. Market Size and Forecast By Products Types
7.10.3. Market Size and Forecast By Distribution Channel
7.11. Australia Fruit & Vegetable Juice Market Outlook
7.11.1. Market Size By Value
7.11.2. Market Size and Forecast By Products Types
7.11.3. Market Size and Forecast By Distribution Channel
7.12. South Korea Fruit & Vegetable Juice Market Outlook
7.12.1. Market Size By Value
7.12.2. Market Size and Forecast By Products Types
7.12.3. Market Size and Forecast By Distribution Channel
8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Business Strategies Adopted by Key Players
8.3. Key Players Market Share Insights and Analysis, 2022
8.4. Key Players Market Positioning Matrix
8.5. Porter's Five Forces
8.6. Company Profile
8.6.1. The Coca-Cola Company
8.6.1.1. Company Snapshot
8.6.1.2. Company Overview
8.6.1.3. Financial Highlights
8.6.1.4. Geographic Insights
8.6.1.5. Business Segment & Performance
8.6.1.6. Product Portfolio
8.6.1.7. Key Executives
8.6.1.8. Strategic Moves & Developments
8.6.2. PepsiCo, Inc.
8.6.3. Nestle S.A.
8.6.4. Keurig Dr Pepper Inc.
8.6.5. Ocean Spray Cranberries, Inc.
8.6.6. Dabur India Limited
8.6.7. The Kraft Heinz Company
8.6.8. Ito En, Ltd.
8.6.9. Archer-Daniels-Midland Company
8.6.10. Del Monte Pacific Limited
8.6.11. Refresco Group N.V.
8.6.12. Driscoll’s, Inc.
8.6.13. ITC Limited
9. Strategic Recommendations
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
List of Figure
Figure 1: Global Fruit & Vegetable Juice Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Fruit & Vegetable Juice Market Share By Region (2022)
Figure 6: Asia-Pacific Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Asia-Pacific Fruit & Vegetable Juice Market Share By Country (2022)
Figure 8: China Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: Japan Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: India Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Australia Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: South Korea Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2022
Figure 14: Porter's Five Forces of Global Fruit & Vegetable Juice Market
List of Table
Table 1: Global Fruit & Vegetable Juice Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Economic Snapshot of Other Prominent Countries 2020
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Fruit & Vegetable Juice Market Size and Forecast, By Products Types (2017 to 2028F) (In USD Billion)
Table 6: Global Fruit & Vegetable Juice Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 7: Asia-Pacific Fruit & Vegetable Juice Market Size and Forecast, By Products Types (2017 to 2028F) (In USD Billion)
Table 8: Asia-Pacific Fruit & Vegetable Juice Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 9: Influencing Factors for Global Fruit & Vegetable Juice Market, 2022
Table 10: China Fruit & Vegetable Juice Market Size and Forecast By Products Types (2017 to 2028F) (In USD Billion)
Table 11: China Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 12: Japan Fruit & Vegetable Juice Market Size and Forecast By Products Types (2017 to 2028F) (In USD Billion)
Table 13: Japan Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 14: India Fruit & Vegetable Juice Market Size and Forecast By Products Types (2017 to 2028F) (In USD Billion)
Table 15: India Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 16: Australia Fruit & Vegetable Juice Market Size and Forecast By Products Types (2017 to 2028F) (In USD Billion)
Table 17: Australia Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 18: South Korea Fruit & Vegetable Juice Market Size and Forecast By Products Types (2017 to 2028F) (In USD Billion)
Table 19: South Korea Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)