US$ 13.9 Billion worldwide apple juice market exclusive insights and trendsPosted by Hannah Brown on June 13th, 2019 Global Apple Juice Market Analysis, Trends, Insights and Forecast Rising health awareness is one of the key factor that is anticipated to drive growth of the apple juice value globally. Apple concentrate has numerous health benefits that makes it popular among consumers. It controls cholesterol, weight gain, and lower the risk of diabetes. Global Apple juice market size is estimated to be valued over US$ 13,900 million in 2019 and is expected to register a CAGR of 2.3% to create high market opportunity for various players. The average annual per ca-pita consumption stands at 0.7 L in 2019. Majority of the consumption is concentrated to developed countries and South Asia. The industry is characterized by the presence of large number of small-scale players operating locally. Lower operational cost and higher shelf life has created favorable ecosystem for new entrants too. However, the market has become hyper-competitive since last decade. Key Trends and Factors Impacting the Global Apple Juice Market
Global Apple Juice Market Size Analysis and Industry Opportunity: By Region Globally, North America apple juice market was valued over US$ 5,719 million in 2018. The region is second largest producer of apples. It imports large number of apples from China and other countries to meet internal demand. Western Europe stands next to North America. Germany is the lucrative market in the region. As per the estimates, Germany accounted for 41% of Western Europe apple juice market in 2018. Germany accounts for highest per ca-pita consumption of apple juice worldwide in 2018. The trend is likely to continue throughout the forecast period. In Asia Pacific, China accounted for the highest share. The country is not only the leading consumer of apple juice in the region, but also one of the largest exporter worldwide. Over 610 thousand tonnes of apple juice is produced in China each year. For more insights, click here: https://bekryl.com/industry-trends/apple-juice-market-share-analysis Global Apple Juice Market Size and Forecast: Competition Landscape Some key Apple Juice market players are:
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Analyst access with Bekryl Market Analysts Purchasing of Apple Juice market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions. Contact Mr. Alex Werner U.S Office (Sales and PR) 99 Wall Street, Suite 622, New York, U.S Contact: +1 347 464 1068 Email: sales@bekryl.com Like it? Share it!More by this author |