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Global Apple Juice Concentrate Market Research Report—Forecast till 2025
Global Apple Juice Concentrate Market is expected to grow by USD 2,139.1 Million from 2018 to 2025 at a CAGR of 4.3%. The apple juice concentrate is a processed form of apple juice to remove a defined amount of the natural water content found in the apple and a concentrated product is composed which is smaller in volume. Based on the type of apple, where the apple is grown and how much sunshine the apple is exposed to, the acidity level of the processed product will vary. Choosing either a low, medium, or high acidity apple product will affect how it complements other ingredients and the flavor profile of the end product. The apple juice concentrate is a majorly used ingredient in several applications such as bakery & confectionery, beverages, dips & spreads sauces, frozen desserts, dairy products, and vinegar because of its neutral color and flavor. The apple juice concentrate has a high amount of nutrients and releases less rapidly into the bloodstream.
The apple juice concentrate market is ready to witness continued growth over the last few years owing to rising demand for natural plant-based ingredients, the increasing popularity of convenience food & beverage, and its expanding use as a substitute for sugar in bakery products across the world. However, the rising requirement for Not From Concentrate (NFC) and cold-pressed juices are expected to be major restraining the growth of the global apple juice concentrate market during the review period. Furthermore, the rising awareness belonging to natural food products is fueling the demand for NFC juices and this trend is expected to continue during the research period.
Market Segmentation
Global Apple Juice Concentrate Market has been categorized based on Type, Application, and Region.
By type segment, the market has been segmented into cloudy, de-ionized, and clarified. In 2018, the clarified segment contributed the largest share of the market with a share of approximately 40%.
Based on application, the market has been divided into dairy & frozen desserts, bakery & confectionery, beverages, sauces, dips & spreads, and others. The bakery & confectionery category is expected to reach the highest CAGR of 5.1% during the assessment period of 2019 to 2025.
Regional Analysis
Geographically, the global apple juice concentrate market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Europe was accounted for the largest global apple juice concentrate market in 2018 and is expected to grow by USD 660.2 million from 2018 to 2025. Germany is likely to drive the regional market, owing to the growth of the European apple juice concentrate markets. The market in Asia-Pacific is anticipated to register the highest CAGR during the review period owing to the increasing demand for fruit-based beverages and food products in the region.
Major Players
The Key Players in the Global Apple Juice Concentrate Market include Ingredion Incorporated (US), H&H Products Company (US), Welch’s (US), Ve.Ba. Cooperativa Ortofrutticola S.C. (Italy), Döhler (Germany), Louis Dreyfus Holding B.V. (Netherlands), Sonnländer (Germany), Tree Top, Inc. (US), and LemonConcentrate S.L. (Spain).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations and many other useful insights.
Market Overview
Global Apple Juice Concentrate Market is expected to grow by USD 2,139.1 Million from 2018 to 2025 at a CAGR of 4.3%. The apple juice concentrate is a processed form of apple juice to remove a defined amount of the natural water content found in the apple and a concentrated product is composed which is smaller in volume. Based on the type of apple, where the apple is grown and how much sunshine the apple is exposed to, the acidity level of the processed product will vary. Choosing either a low, medium, or high acidity apple product will affect how it complements other ingredients and the flavor profile of the end product. The apple juice concentrate is a majorly used ingredient in several applications such as bakery & confectionery, beverages, dips & spreads sauces, frozen desserts, dairy products, and vinegar because of its neutral color and flavor. The apple juice concentrate has a high amount of nutrients and releases less rapidly into the bloodstream.
The apple juice concentrate market is ready to witness continued growth over the last few years owing to rising demand for natural plant-based ingredients, the increasing popularity of convenience food & beverage, and its expanding use as a substitute for sugar in bakery products across the world. However, the rising requirement for Not From Concentrate (NFC) and cold-pressed juices are expected to be major restraining the growth of the global apple juice concentrate market during the review period. Furthermore, the rising awareness belonging to natural food products is fueling the demand for NFC juices and this trend is expected to continue during the research period.
Market Segmentation
Global Apple Juice Concentrate Market has been categorized based on Type, Application, and Region.
By type segment, the market has been segmented into cloudy, de-ionized, and clarified. In 2018, the clarified segment contributed the largest share of the market with a share of approximately 40%.
Based on application, the market has been divided into dairy & frozen desserts, bakery & confectionery, beverages, sauces, dips & spreads, and others. The bakery & confectionery category is expected to reach the highest CAGR of 5.1% during the assessment period of 2019 to 2025.
Regional Analysis
Geographically, the global apple juice concentrate market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Europe was accounted for the largest global apple juice concentrate market in 2018 and is expected to grow by USD 660.2 million from 2018 to 2025. Germany is likely to drive the regional market, owing to the growth of the European apple juice concentrate markets. The market in Asia-Pacific is anticipated to register the highest CAGR during the review period owing to the increasing demand for fruit-based beverages and food products in the region.
Major Players
The Key Players in the Global Apple Juice Concentrate Market include Ingredion Incorporated (US), H&H Products Company (US), Welch’s (US), Ve.Ba. Cooperativa Ortofrutticola S.C. (Italy), Döhler (Germany), Louis Dreyfus Holding B.V. (Netherlands), Sonnländer (Germany), Tree Top, Inc. (US), and LemonConcentrate S.L. (Spain).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations and many other useful insights.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
