According to Cognitive Market Research, The Global juice concentrate market size is USD 73.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030.
The demand for juice concentrates is rising due to rising demand for convenient food and drink items, higher disposable incomes, a greater understanding of the importance of healthy eating among consumers in developing nations, and advancements in food processing technologies.
Demand for fruit remains higher because Juice concentrates from fruits are a concentrated form of the fruits' natural nutrients, including vitamins, minerals, and antioxidants. A person's overall health and wellness depend on the nutrients' functions.
The organic juice concentrate category held the highest market revenue share in 2023.
The Asia-Pacific juice concentrate market will continue to lead, whereas the Middle East and Africa juice concentrate markets will experience the most substantial growth until 2030.
