The global Cold Pressed Juice Market is estimated to be valued at US$ 799.2332 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Cold pressed juice is extracted from fresh fruits and vegetables under low temperature and pressure without heating, pasteurization or additives. This process helps preserve essential vitamins, minerals, antioxidants and enzymes. The demand for cold pressed juices is increasing owing to associated health benefits such as boosting immunity, weight management and hydration.
Market key trends:
One of the key trends driving the growth of the cold pressed juice market is the rising demand for organic and natural products. Consumers are increasingly looking for clean label products made from organic fruits and vegetables without additives or preservatives. This is prompting juice manufacturers to offer organic and natural cold pressed juices. Furthermore, the market is witnessing a rise in demand for convenient and on-the-go juices sold in bottle or cartons due to changing lifestyle and dietary patterns. Product launches in attractive packaging catering to these demands is fueling the growth of the market.
Segment Analysis
The global cold pressed juice market is segmented into organic and conventional. The organic segment dominates the market and accounts for around 60% share due to increasing health consciousness among consumers and various health benefits associated with organic juices such as presence of live enzymes and nutrients.
Key Takeaways
The Global Cold Pressed Juice Market Size is expected to witness high growth, exhibiting CAGR of 8.4% over the forecast period, due to increasing health awareness and preference for chemical-free beverages among consumers.
Regional analysis
North America dominates the cold pressed juice market with over 40% share owing to large health conscious population and wide availability of organic products in the region. Asia Pacific exhibits the fastest growth due to growing western influence and rising disposable income in developing countries like India and China.
Key players
Key players operating in the cold pressed juice market are PepsiCo Inc., Suja Life, LLC, RAW Pressery, Juice Press, Preshafood, Evolution Fresh, Inc., Juice Generation, Liquiteria, Hain Celestial, and Juice Warrior. PepsiCo Inc. leads the global market share of over 15% due to its diverse product portfolio and strong distribution network worldwide.\
Read more: https://www.ukwebwire.com/cold-pressed-juice-market-insights-trends/
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