Packaged Juice Market Size, Trends and Insights By Source (Fruits, Vegetables), By Sales Channel (Supermarkets/Hypermarkets, Retail Stores, Online), By Packaging Type (PET Bottles, Metal Can, Tetra Packs, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Coca-Cola Company
- PepsiCo Inc.
- Nestlé S.A.
- Danone S.A.
- Keurig Dr Pepper Inc.
- Ocean Spray Cranberries Inc.
- Others
Reports Description
Global Packaged Juice Market was valued at USD 130.6 Billion in 2024 and is expected to reach USD 178.7 Billion by 2033, at a CAGR of 4.2% during the forecast period 2024 – 2033.
Fruit or vegetable juices that have been prepared, pasteurised, and packaged for retail sale are referred to as packaged juice. These juices can be purchased as 100% juice or as juice blends with additional components like sugar, preservatives, or flavourings. They are usually offered in a variety of packaging formats, such as plastic bottles, cartons, cans, or pouches.
Packaged Juice Market: Growth Factors
Shifting lifestyles and eating habits
The bottled juice business is mostly driven by shifting eating and lifestyle trends. Customers are looking for handy, on-the-go choices for nutrition and hydration more and more as a result of urbanisation and hectic schedules. Without requiring any preparation, packaged juices provide a rapid and portable dose of vitamins, minerals, and hydration.
The idea that bottled juices are a healthier option than sugar-filled sodas or other beverages, as well as changing dietary tastes towards healthier options, all contribute to the market’s expansion. Furthermore, the growing number of health-conscious customers due to worries about obesity and lifestyle disorders has raised the demand for natural, organic, and functional juices, which in turn has stimulated market innovation and diversity for packaged juices.
Manufacturers are therefore increasing the range of products they provide to evolving consumer preferences, contributing to the overall growth and competitiveness of the packaged juice market.
Innovations in packaging
The packaged juice business is greatly impacted by packaging innovations that cater to customer preferences, sustainability concerns, and convenience needs. Innovations like portion-controlled packaging, resealable closures, and eco-friendly materials improve product freshness, increase shelf life, and cut down on food waste all of which are in line with customer desires for sustainability and simplicity.
Furthermore, packaging innovations that promote trust and brand loyalty include transparent bags and interactive labels, which provide customers with more transparency about the contents, nutritional data, and provenance of products.
Moreover, by satisfying changing consumer demands, functional packaging characteristics including ergonomic designs and easy-to-open seals support consumer convenience and on-the-go consumption preferences and promote market development. If everything is considered, packaging innovations are critical in influencing customer attitudes, influencing consumer choices, and promoting competition and innovation in the packaged juice industry.
For instance, the packaging for Kadoya Citrus Juice focuses on making the ordinary appear spectacular. The bottle, created by Minako Endo, has an orange net covering it. This net serves as both protection for the bottle and an enhancement of the juice’s colour, making the bottle an eye-catching piece of art. The label, which features images of fresh citrus fruits, is simple to read and has a charming vintage.
Packaged Juice Market: Restraints
Rising awareness about high sugar content
The packaged juice sector is facing a big challenge from growing consumer awareness of the high sugar content in bottled juice products. Customers are paying more attention to the nutritional value of the meals and drinks. Because of their high sugar content, which may lead to several health concerns like obesity, diabetes, and dental disorders, packaged juices are sometimes seen as harmful.
As a result, people are choosing healthier beverage options including smoothies, fresh juices, and low- or sugar-free varieties. Concerns among consumers are further heightened by public health initiatives, media attention, and labelling laws emphasising the negative consequences of excessive sugar intake. Because of this, there is pressure on the bottled juice industry to innovate and provide healthier formulas with lower sugar content.
Packaged Juice Market: Opportunities
Growing awareness of sustainable packaging
The rising recognition of environmentally friendly products is driving the packaged juice market through various channels. Customers are looking for environmentally appropriate substitutes as their concerns about the effects of single-use plastics on the environment. Juices packed in recyclable PET bottles, paper-based boxes, and biodegradable pouches are in greater demand.
Furthermore, in response to customer expectations, packaged juice firms are improving their brand image and lowering their carbon footprint by implementing sustainable packaging procedures. Additionally, industry norms and legislative actions supporting environmentally friendly packaging solutions encourage the packaged juice sector to embrace eco-friendly packaging materials.
In general, the confluence of business initiatives, customer demand, and regulatory restrictions is driving the sector’s transition to more environmentally friendly packaging. For instance, the packaging for the beverage drink Wise Wolf by Banrock Station, created by Denomination, is a notable illustration of how sustainability and transparency may be combined.
The company uses 100% recycled plastic for the closures, recycled paper for the labels, and post-consumer recyclable glass for the bottles. 95.1% of the packaging is composed entirely of recycled materials and is intended to be recycled once more.
Packaged Juice Market: Segmentation Analysis
Global Packaged Juice market is segmented by source, sales channel, packaging type and region. Based on product type, the market is classified into fruits and vegetables. Coated dominated the market in 2023 with a market share of 85.2% and is expected to keep its dominance during the forecast period 2024-2033.
Fruits’ natural attractiveness, nutritional value, and adaptable flavour profiles drive a large portion of the bottled juice business. Fruit-based bottled juices satisfy the growing need of consumers for convenient and healthful beverage alternatives.
Fruit juices naturally include vitamins, minerals, and antioxidants that are easy to ingest. Furthermore, a broad range of product offers and flavour combinations are made possible by the abundance of fruits, catering to a wide range of consumer tastes.
Fruit juices’ growing appeal is also fuelled by the belief that they are better alternatives to carbonated and sugary drinks. Juices in packages are convenient because of their extended shelf life and portability, which makes them ideal for busy lives and fuels continued demand and market expansion in the packaged juice segment.
Based on sales channel, the market is classified into supermarkets/hypermarkets, retail stores and online. Supermarkets/hypermarkets dominated the market in 2023 with a market share of 58.7% and are expected to keep their dominance during the forecast period 2024-2033.
Through a variety of strategies, supermarkets and hypermarkets significantly influence the bottled juice business. Its vast shelf space and broad distribution network provide exposure and accessibility to a variety of packaged juice items, drawing in customers and making purchases easier. Supermarkets also frequently use in-store displays, bulk discounts, and other promotional tactics to advertise bottled juices, which increases sales volume.
Additionally, because these stores focus on convenience and provide one-stop shopping, it’s easy for customers to buy bottled juices in addition to other groceries. Supermarkets and hypermarkets also fund consumer education programmes that emphasise the convenience and nutritional advantages of packaged juices, which change customer preferences and propel market expansion.
Based on packaging type, the market is classified into PET bottles, metal cans, tetra packs and others. PET bottles dominated the market in 2023 with a market share of 42.5% and is expected to keep their dominance during the forecast period 2024-2033.
PET bottles are perfect for packing juices because of their many benefits, including resistance to breaking, portability, longevity, and transparency. Their adaptability enables a range of sizes and forms, satisfying the needs and tastes of customers.
Furthermore, PET bottles are economical to make, ship, and recycle, which adds to the juice packaging process’ overall affordability and sustainability. Additionally, PET bottles have superior barrier qualities that prolong the shelf life of juices while maintaining their flavour and freshness.
Moreover, by labelling and customizing products, PET packaging offers branding options that improve product visibility and customer appeal on shop shelves. PET bottles are widely used in the packaged juice industry due to their ease of use, affordability, sustainability, and preservation capabilities, all of which promote market expansion.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 130.6 Billion |
Projected Market Size in 2033 | USD 178.7 Billion |
Market Size in 2023 | USD 128.3 Billion |
CAGR Growth Rate | 4.2% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Source, Sales Channel, Packaging Type and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Packaged Juice Market: Regional Analysis
By region, Packaged Juice market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the global Packaged Juice market in 2023 with a market share of 42.5% and is expected to keep its dominance during the forecast period 2024-2033.
Convenient and healthful beverage alternatives are preferred by the broad customer base in North America. A greater emphasis on health and wellbeing as well as hectic lifestyles are contributing factors to this demand.
Furthermore, North America has a highly established retail infrastructure and distribution network, which makes packaged juices widely accessible and available at supermarkets, convenience shops, and via the Internet.
In addition, cutting-edge product lines including cold-pressed juices, organic selections, and functional drinks support changing customer tastes and encourage industry expansion.
Furthermore, strong marketing and advertising efforts by prominent regional players support customer awareness and brand loyalty. Generally, the packaged juice industry in North America is driven ahead by a confluence of factors including customer demand, distribution channels, product innovation, and marketing initiatives.
Packaged Juice Market: Recent Developments
- In August 2022, Dabur introduced a low-calorie juice range under its name Real Activ in open paperboard with wood fiber wrapping to give an organic appearance.
- In March 2021, Amul launched ‘Tru’ packaged juice in collaboration with Almond Branding for end-to-end brand building, packaging layout and graphic design.
- In February 2021, PepsiCo launched Frutly a mix of mineral water and juice made from fruits packaged in 12oz (35cl) bottles. Every bottle has 60 calories and no sugar.
List of the prominent players in the Packaged Juice Market:
- Coca-Cola Company
- PepsiCo Inc.
- Nestlé S.A.
- Danone S.A.
- Keurig Dr Pepper Inc.
- Ocean Spray Cranberries Inc.
- Del Monte Foods Inc.
- Campbell Soup Company
- Welch Foods Inc.
- Lassonde Industries Inc.
- The Kraft Heinz Company
- Tropicana Products Inc.
- Sunny Delight Beverages Company
- The Hain Celestial Group Inc.
- Döhler GmbH
- Refresco Group N.V.
- The Simply Good Foods Company
- Suntory Holdings Limited
- TreeHouse Foods Inc.
- Old Orchard Brands LLC
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Packaged Juice Market is segmented as follows:
By Source
- Fruits
- Vegetables
By Sales Channel
- Supermarkets/Hypermarkets
- Retail Stores
- Online
By Packaging Type
- PET Bottles
- Metal Can
- Tetra Packs
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Packaged Juice Market, (2024 – 2033) (USD Billion)
- 2.2 Global Packaged Juice Market: snapshot
- Chapter 3. Global Packaged Juice Market – Industry Analysis
- 3.1 Packaged Juice Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Shifting lifestyles and eating habits
- 3.2.2 Innovations in Packaging
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Source
- 3.7.2 Market Attractiveness Analysis By Sales Channel
- 3.7.3 Market Attractiveness Analysis By Packaging Type
- Chapter 4. Global Packaged Juice Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Packaged Juice Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Packaged Juice Market – Source Analysis
- 5.1 Global Packaged Juice Market Overview: By Source
- 5.1.1 Global Packaged Juice Market Share, By Source, 2023 and 2033
- 5.2 Fruits
- 5.2.1 Global Packaged Juice Market by Fruits, 2024 – 2033 (USD Billion)
- 5.3 Vegetables
- 5.3.1 Global Packaged Juice Market by Vegetables, 2024 – 2033 (USD Billion)
- 5.1 Global Packaged Juice Market Overview: By Source
- Chapter 6. Global Packaged Juice Market – Sales Channel Analysis
- 6.1 Global Packaged Juice Market Overview: By Sales Channel
- 6.1.1 Global Packaged Juice Market Share, By Sales Channel, 2023 and 2033
- 6.2 Supermarkets/Hypermarkets
- 6.2.1 Global Packaged Juice Market by Supermarkets/Hypermarkets, 2024 – 2033 (USD Billion)
- 6.3 Retail Stores
- 6.3.1 Global Packaged Juice Market by Retail Stores, 2024 – 2033 (USD Billion)
- 6.4 Retail Online
- 6.4.1 Global Packaged Juice Market by Retail Online, 2024 – 2033 (USD Billion)
- 6.1 Global Packaged Juice Market Overview: By Sales Channel
- Chapter 7. Global Packaged Juice Market – Packaging Type Analysis
- 7.1 Global Packaged Juice Market Overview: By Packaging Type
- 7.1.1 Global Packaged Juice Market Share, By Packaging Type, 2023 and 2033
- 7.2 PET Bottles
- 7.2.1 Global Packaged Juice Market by PET Bottles, 2024 – 2033 (USD Billion)
- 7.3 Metal Can
- 7.3.1 Global Packaged Juice Market by Metal Can, 2024 – 2033 (USD Billion)
- 7.4 Tetra Packs
- 7.4.1 Global Packaged Juice Market by Tetra Packs, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global Packaged Juice Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Packaged Juice Market Overview: By Packaging Type
- Chapter 8. Packaged Juice Market – Regional Analysis
- 8.1 Global Packaged Juice Market Regional Overview
- 8.2 Global Packaged Juice Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Packaged Juice Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.4 North America Packaged Juice Market, by Source, 2024 – 2033
- 8.4.1 North America Packaged Juice Market, by Source, 2024 – 2033 (USD Billion)
- 8.5 North America Packaged Juice Market, by Sales Channel, 2024 – 2033
- 8.5.1 North America Packaged Juice Market, by Sales Channel, 2024 – 2033 (USD Billion)
- 8.6 North America Packaged Juice Market, by Packaging Type, 2024 – 2033
- 8.6.1 North America Packaged Juice Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Packaged Juice Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Packaged Juice Market, by Source, 2024 – 2033
- 8.8.1 Europe Packaged Juice Market, by Source, 2024 – 2033 (USD Billion)
- 8.9 Europe Packaged Juice Market, by Sales Channel, 2024 – 2033
- 8.9.1 Europe Packaged Juice Market, by Sales Channel, 2024 – 2033 (USD Billion)
- 8.10 Europe Packaged Juice Market, by Packaging Type, 2024 – 2033
- 8.10.1 Europe Packaged Juice Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Packaged Juice Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Packaged Juice Market, by Source, 2024 – 2033
- 8.12.1 Asia Pacific Packaged Juice Market, by Source, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Packaged Juice Market, by Sales Channel, 2024 – 2033
- 8.13.1 Asia Pacific Packaged Juice Market, by Sales Channel, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Packaged Juice Market, by Packaging Type, 2024 – 2033
- 8.14.1 Asia Pacific Packaged Juice Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Packaged Juice Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Packaged Juice Market, by Source, 2024 – 2033
- 8.16.1 Latin America Packaged Juice Market, by Source, 2024 – 2033 (USD Billion)
- 8.17 Latin America Packaged Juice Market, by Sales Channel, 2024 – 2033
- 8.17.1 Latin America Packaged Juice Market, by Sales Channel, 2024 – 2033 (USD Billion)
- 8.18 Latin America Packaged Juice Market, by Packaging Type, 2024 – 2033
- 8.18.1 Latin America Packaged Juice Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Packaged Juice Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Packaged Juice Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Packaged Juice Market, by Source, 2024 – 2033
- 8.20.1 The Middle-East and Africa Packaged Juice Market, by Source, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Packaged Juice Market, by Sales Channel, 2024 – 2033
- 8.21.1 The Middle-East and Africa Packaged Juice Market, by Sales Channel, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Packaged Juice Market, by Packaging Type, 2024 – 2033
- 8.22.1 The Middle-East and Africa Packaged Juice Market, by Packaging Type, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Coca-Cola Company
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 PepsiCo Inc.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Nestlé S.A.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Danone S.A.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Keurig Dr Pepper Inc.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Ocean Spray Cranberries Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Del Monte Foods Inc.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Campbell Soup Company
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Welch Foods Inc.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Lassonde Industries Inc.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 The Kraft Heinz Company
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Tropicana Products Inc.
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Sunny Delight Beverages Company
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 The Hain Celestial Group Inc.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Döhler GmbH
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Refresco Group N.V.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 The Simply Good Foods Company
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Suntory Holdings Limited
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 TreeHouse Foods Inc.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Old Orchard Brands LLC
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Coca-Cola Company
List Of Figures
Figures No 1 to 25
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Coca-Cola Company
- PepsiCo Inc.
- Nestlé S.A.
- Danone S.A.
- Keurig Dr Pepper Inc.
- Ocean Spray Cranberries Inc.
- Del Monte Foods Inc.
- Campbell Soup Company
- Welch Foods Inc.
- Lassonde Industries Inc.
- The Kraft Heinz Company
- Tropicana Products Inc.
- Sunny Delight Beverages Company
- The Hain Celestial Group Inc.
- Döhler GmbH
- Refresco Group N.V.
- The Simply Good Foods Company
- Suntory Holdings Limited
- TreeHouse Foods Inc.
- Old Orchard Brands LLC
- Others
FAQs
The major driver for the Packaged Juice market is shifting lifestyles and eating habits and innovations in packaging.
The “Fruits” category dominated the market in 2023.
The key players in the market are Coca-Cola Company, PepsiCo Inc., Nestlé S.A., Danone S.A., Keurig Dr Pepper Inc., Ocean Spray Cranberries Inc., Del Monte Foods Inc., Campbell Soup Company, Welch Foods Inc., Lassonde Industries Inc., The Kraft Heinz Company, Tropicana Products Inc. , Sunny Delight Beverages Company, The Hain Celestial Group Inc., Döhler GmbH, Refresco Group N.V., The Simply Good Foods Company, Suntory Holdings Limited, TreeHouse Foods Inc., Old Orchard Brands LLC, Others.
“North America” had the largest share in the Packaged Juice Market.
The global market is projected to grow at a CAGR of 4.2% during the forecast period, 2024-2033.
The Packaged Juice Market size was valued at USD 130.6 Billion in 2024.