Welcome to our blog post about the juice industry. We’re here to provide you with some interesting statistics about the juice industry, including the size of the market, the top players, and the most popular types of juice.
Juice Industry: The Most Important Statistics
In 2020, Coca-Cola held the largest volume share of the juice and juice drinks market in the U.S. with 24.7%, followed by PepsiCo and Nestle with 18.6% and 8.9%, respectively.
Worldwide revenue from orange juice is expected to increase from $16.3 billion in 2019 to $22.97 billion in 2023, with North America and Asia being the largest and fastest-growing markets, respectively.
Juice Industry: Statistics Overview
In 2020, retail sales of juices and juice drinks in the United States totaled 20.8 billion U.S. dollars, with fruit juices accounting for the majority of sales at 13.5 billion U.S. dollars.
This provides an overview of the size of the juice market in the United States and the relative importance of different types of juice. This information can be used to inform decisions about product development, marketing, and pricing.
In 2020, Coca-Cola held the largest volume share of the juice and juice drinks market in the U.S. with 24.7%, followed by PepsiCo and Nestle with 18.6% and 8.9%, respectively.
This shows the dominance of Coca-Cola in the U.S. juice and juice drinks market, and it also shows the market share of the top ten companies in the industry. This information is important for companies to understand the competitive landscape of the industry and to make informed decisions about their strategies.
The juice market in Europe is expected to grow from 43.2 billion U.S. dollars in 2021 to 50.9 billion U.S. dollars in 2025, with a CAGR of 3.8%.
This shows the potential for growth in the juice market in Europe, which can help inform business decisions for companies in the juice industry.
There were 3,543 companies operating in the fruit and vegetable juice manufacturing sector in the European Union as of 2018, with the largest numbers in Poland, Italy, and Spain.
This provides a snapshot of the number of companies operating in the sector in the European Union, and the countries with the highest numbers of juice manufacturing companies.
This information can be used to inform decisions about where to invest in the juice industry, as well as to identify potential markets for expansion.
The market value of the fruit juice segment of the soft drinks market in the UK was 2.5 billion British pounds in 2020 and is expected to grow at a CAGR of 2.2% from 2020 to 2025.
This provides insight into the size of the market and its projected growth. It also highlights the most popular types of fruit juice in the UK, which can help companies in the industry to better understand consumer preferences and make informed decisions about product development and marketing strategies.
The volume of the juice market in the United Kingdom is expected to reach 2.2 billion liters by 2025, with an annual growth rate of 1.6% from 2021 to 2025, and orange and apple juice remaining the most popular types.
This provides an outlook of the current and future size of the juice market in the UK, as well as the expected growth rate and the most popular types of juice. This information can be used by industry players to plan their strategies and investments accordingly.
Worldwide revenue from orange juice is expected to increase from $16.3 billion in 2019 to $22.97 billion in 2023, with North America and Asia being the largest and fastest-growing markets, respectively.
This provides insight into the current and future market trends. It shows that the demand for orange juice is increasing, and that North America and Asia are the two major markets for orange juice.
This information can be used to inform strategies for marketing and production, as well as to identify potential areas for growth.
Brazil is the world’s leading orange juice producer, accounting for 28% of global production in 2019/2020.
This provides insight into the market share of the top three orange juice producers in the world. It also indicates the potential for growth in the industry, as well as the potential for competition between the top producers.
The juice market revenue in the United Kingdom is projected to reach 4.1 billion U.S. dollars by 2025, an increase of more than double the 2021 estimated revenue of 1.9 billion U.S. dollars.
The juice market in the United Kingdom is growing steadily and is expected to continue to do so in the coming years.
This information can be used to inform business decisions and investments in the juice industry.
The average revenue per user (ARPU) for juices in Europe is expected to increase from US$20.10 in 2020 to US$52.84 in 2021.
This provides an indication of the overall health of the juice industry in Europe, as well as the potential for future growth. It also provides insight into how much juice companies can expect to earn from each customer, which can be used to inform marketing and pricing strategies.
Conclusion
In conclusion, the juice industry is an ever-growing and dynamic market with a variety of products and consumers. The industry is expected to grow in the coming years, driven by the health and wellness trend and the increasing demand for healthy beverages.
The industry is also witnessing a shift in consumer preferences towards natural and organic juices, as well as the emergence of new product categories such as cold-pressed juices. With the right strategies and investments, the juice industry is poised to continue its growth trajectory in the years to come.
References
1 – https://www.statista.com/statistics/504914/us-retail-sales-of-juices-and-juice-drinks/
2 – https://www.statista.com/statistics/505624/us-market-share-of-juices-and-juice-drinks-based-on-volume-sales/
3 – https://www.statista.com/forecasts/1339555/juices-market-revenue-europe
4 – https://www.statista.com/statistics/421666/companies-in-the-fruit-and-vegetable-juices-manufacturing-sector-eu/
5 – https://www.statista.com/statistics/283981/soft-drinks-market-value-of-fruit-juice-in-the-united-kingdom-uk/
6 – https://www.statista.com/forecasts/1284805/juice-market-volume-in-the-united-kingdom
7 – https://www.statista.com/forecasts/1281656/orange-juice-revenue-worldwide
8 – https://www.statista.com/statistics/1044896/world-orange-juice-major-producers/
9 – https://www.statista.com/forecasts/1284786/juice-market-revenue-in-the-united-kingdom
10 – https://www.statista.com/forecasts/1339559/juices-market-average-revenue-per-user-europe
