LONDON--(BUSINESS WIRE)--The global cold pressed juices market size is expected to grow by USD 237.77 million during 2020-2024, progressing at a CAGR of about 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of the Market Impact of COVID-19.
The high nutritional value of cold-pressed juices is one of the key factors driving the cold pressed juices market growth. Cold-pressed juices have a higher nutritional value than other types of juices, as the former is not subjected to heat during preparation. Cold-pressed juices contain nutrients that fight toxins, detox the body, and boost immunity and health. They are richer in vitamins, minerals, and other nutrients than conventional juices. Cold-pressed juices are also consumed for their body cleansing attributes as cells absorb liquid nutrients from the raw ingredients faster.
Report Highlights
- In 2019, the major cold pressed juices market share came from the conventional cold pressed juices segment, and it is expected to witness the fastest growth during the next five years. The growth of this segment will primarily be driven by the low cost of raw materials.
- North America was the largest cold pressed juices market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as convenience, health benefits, and easy availability of a wide range of cold-pressed juice variants.
- The global cold pressed juices market is fragmented. CEDAR Juice, Evergreen Juices Inc., MOJU Ltd., Organic Press Juices Co LLC, PepsiCo Inc., Pressed Juicery Inc., Rakyan Beverages Pvt. Ltd., Starbucks Corp., The Coca Cola Co., and The Hain Celestial Group Inc. are some of the major market participants. To help clients improve their market position, this cold pressed juices market forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the global cold pressed juices market 2020-2024 is expected to have positive & superior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.
Read the full report here: www.technavio.com/report/cold-pressed-juices-market-industry-analysis?
Growing Preference for Clean-Labeled Cold-Pressed Juices will be a Key Market Trend
The demand for clean-labeled products is increasing at a rapid pace as it ensures that the products are free from artificial ingredients and preservatives and are produced using nutritious ingredients. As a result, many producers have started to focus on the clean label trend to increase the sales of their products and enhance their market presence. Various organizations offer clean label certification, based on different verification processes laid down by them. For instance, Go Clean Label, offers the clean label certification seal for retail and food service products. The increasing demand for clean labeled cold-pressed juices will help in the growth of the global cold-pressed juices market during the forecast period.
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Cold Pressed Juices Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist cold pressed juices market growth during the next five years
- Estimation of the cold pressed juices market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the cold pressed juices market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cold pressed juices market vendors
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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Coronavirus Business and Industry Impact Analysis for Global Cold Pressed Juices Market 2020-2024 | Market to See a 6% Annual Growth through 2024 | Technavio - Business Wire
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