Europe Juice Concentrates Market, By Type, 2018 - 2026 (USD Million)
Synopsis
The above chart is Europe Juice Concentrates Market, By Type, 2018 - 2026 (USD Million)
Market Dynamics
europe, being one of the largest producers and consumers of fruit juice, is one of the key regions in the global juice concentrates market. the increasing demand for natural and healthy beverages among consumers has led to the popularity of juice concentrates in the region. when it comes to juice concentrates, europe offers a wide range of options, including both fruit and vegetable-based concentrates. moreover, the market is witnessing a shift towards organic and non-gmo juice concentrates due to the growing health consciousness among consumers.
the type segment of the europe juice concentrates market is divided into fruit concentrates and vegetable concentrates. fruit concentrates are further categorized into orange, apple, pineapple, grape, and others such as lemon, mango, and strawberry. similarly, vegetable concentrates are further segmented into carrot, beet, tomato, and others. each of these segments holds a significant share in the market, and the demand for these concentrates is expected to increase in the coming years.
one of the key drivers for the growth of the europe juice concentrates market is the availability of a diverse range of fruit and vegetable concentrates. with the growing popularity of sugar-free and natural products, the demand for fruit and vegetable juice concentrates is increasing among consumers. moreover, the presence of various packaging options, such as cans, bottles, and tetra packs, is also contributing to the growth of the market.
in addition to this, the ease of transportation and longer shelf life of juice concentrates make them a preferable option for consumers. this is especially beneficial for developed countries in europe, where the demand for convenient and healthy beverages is considerably high. furthermore, the rising trend of using juice concentrates in cocktails and mocktails is also expected to drive the market growth.
from a regional perspective, germany holds the largest share in the europe juice concentrates market, followed by france and the uk. this can be attributed to the high consumption of fruit juice in these countries, as well as the increasing demand for natural and organic products. however, other countries such as spain, italy, and poland are also anticipated to witness significant growth in the coming years.
the europe juice concentrates market is highly competitive, with the presence of both local and international players. some of the leading players operating in the market are ingredion incorporated, coca cola european partners ltd., döhler group, and svz industrial fruit & vegetable ingredients. these players are focusing on product innovation and expanding their product portfolios to cater to the changing consumer preferences. overall, the europe juice concentrates market is expected to witness steady growth in the forecast period, driven by factors such as increasing health consciousness, availability of diverse concentrates, and rising demand for natural and organic products.