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Lemon Juice Concentrate Market Outlook from (2023 to 2033)

The global Lemon Juice Concentrate market is expected to reach a market valuation of US$ 12.5 billion by 2023, recording a CAGR of 4.4% from 2023 to 2033.

Lemon juice that has thickened and become viscous while becoming sourer than freshly squeezed lemon juice is concentrated by removing the water. It includes vitamins A, C, calcium, potassium, and sodium, among other minerals. It also contains trace amounts of other nutrients like vitamin E, zinc, and iron. Concentrated lemon juice is kept at a very low temperature to maintain its nutritional benefits for a longer time. Squash, jams, juices, jellies, drinks, snacks, and baking & confectionery products are all prepared with it. Many health advantages of concentrated lemon juice include its ability to treat urinary tract infections, aid in weight loss, enhance digestion, lower blood pressure, purify the blood, promote skin lightning, and remove toxins from the body.

Lemon Juice Concentrate Market Size (2023E)

US$ 12.5 billion

Lemon Juice Concentrate Market Projected Size (2033F)

US$ 19.4 million

Value CAGR (2023 to 2033)

4.4%

Top 3 Countries Marketing Share

68.8%

Consumers are gravitating toward foods and beverages that are convenient to consume and are packed with nutrients as a result of their busy lifestyles and growing health consciousness. Thus, the market for lemon juice concentrate may experience significant expansion as a result of these factors. Vitamins and minerals found in lemon juice concentrate are essential for general nutrition. The market for lemon juice concentrate also has excellent growth prospects as a result of this factor.

In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Lemon Juice Concentrate.

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How Has the Market Progressed So Far in 2022?

Market Statistics

Details

Jan–Jun (H1), 2021 (A)

4.3%

Jul–Dec (H2), 2021 (A)

4.5%

Jan–Jun (H1),2022 Projected (P)

4.7%

Jan–Jun (H1),2022 Outlook (O)

4.6%

Jul–Dec (H2), 2022 Projected (P)

4.7%

Jul–Dec (H2), 2022 Outlook (O)

4.5%

Jan–Jun (H1), 2023 Projected (P)

4.4%

Historic v/s Future Outlook Comparison for Lemon Juice Concentrate?

Juice consumption has been increasingly popular as a result of customers' preference for highly nutritious yet convenient food products due to their busy lifestyles. Also, juice flavor variations are being developed by food and beverage firms, and they are searching for safe and nutritive food ingredients to improve the quality of their offerings. Lemon juice concentrate can be utilized by manufacturers of food and beverages since it is simple to use, includes minerals, vitamins, and other nutrients, and has a milder flavor than lemon powder. This is expected to drive up demand for lemon juice concentrate.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Consumption Due to Summers

The world's population is increasingly in demand for lemon juice concentrates. As so many people drink lime juice to satisfy their thirst, the summer is the most lucrative time of the year for the lemon juice concentrate business. In order to provide consumers with a positive experience, manufacturers in the lemon juice concentrate market are attempting to add new flavors to lemon juice concentrates. Alcohols with lemon flavor are also very popular right now. In the alcohol sector, the use of lemon juice concentrates is greatly expanding. As a result, this aspect will contribute to the market for lemon juice concentrate growing more quickly.

Comparative View of Associated Market

Vegetable Concentrates Market:

Attributes

Vegetable Concentrates Market

CAGR (2023 to 2033)

4%

Market Value (2023)

US$ 5,224 million

Growth Factor

Vegetable concentrates are readily accessible on the market and have a high antioxidant content. The market for vegetables as a whole is expected to grow throughout the projected period as a result of the aforementioned factors.

Key Trend

Sales in the market are expected to increase as vegetable concentrates are increasingly used in a variety of food processing industries, such as drinks and bread goods.

Ketchup Concentrates Market:

Attributes

Ketchup Concentrates Market

CAGR (2023 to 2033)

4%

Market Value (2023)

US$ 532 million

Growth Factor

The market for ketchup concentrates is anticipated to increase in the near future due to rising millennial demand for ketchup on all dishes as well as growing demand from fast food businesses.

Key Trend

One of the biggest markets in the food and beverage sector is ketchup concentrate. Over the projection period, it is anticipated that rising customer demand for quick-to-prepare foods, the appetite they serve alongside fast food, and changing consumer preferences for clean-label and organic foods would all support the market for ketchup concentrates.

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Country-wise Insights

How the Sales of Lemon Juice Concentrate Market Shaping in North America?

One of the biggest markets for lemon juice extract worldwide is the United States. The growth of the market in the nation has been fueled by rising natural and organic food product demand as well as rising consumer health consciousness. Lemon juice extract is a common export from the US to other nations.

Why is there a Rising Demand for Lemon Juice Concentrate in Asia Pacific?

One of the world's top producers of lemon juice extract is India. There are many lemon orchards in the nation, particularly in the south. Due to the numerous health advantages of lemon juice extract, including its ability to strengthen the immune system, facilitate digestion, and detoxify the body, demand for it has been rising across the nation. Another significant producer and user of lemon juice extract is China. To address the rising demand for natural and nutritious food products, the nation has been making investments in the development of its lemon juice extract sector. In addition, the nation exports a lot of lemon juice extract to other nations.

Category-wise Insights

Food and Beverage Industry Leading in Terms Of Application

Lemon juice is currently a common ingredient in a wide range of food and beverage products, including dairy products, fruit juice drinks, and different health beverages. Since lemon juice is primarily used in the food and beverage sector, changes in that sector's fortunes have a significant impact on the growth of the lemon juice market. The trend toward healthy eating, the rate of urbanization in China and India, the amount of food consumed per person globally, and the level of per capita income in rural regions have all increased during the past several years. The food and beverage sector is expanding tremendously.

Distribution Channel Insights

Using online or offline methods, sellers of lemon juice concentrate can sell their goods directly to producers, distributors, and retailers. This strategy gives you more control over the product's quality, cost, and branding, but it could also mean spending more money on marketing and logistics. Suppliers of lemon juice concentrate might also collaborate with middlemen like brokers, agents, or wholesalers to reach a larger clientele and lower the risk of market changes. There may be reduced margins with this strategy, but there are also less risks and operating expenditures.

Competitive Landscape

The Lemon Juice Extract market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.

Scope of the Report

Attribute

Details

Forecast Period

2023 to 2033

Historical Data Available for

2018 to 2022

Market Analysis

US$ million for Value and Metric Ton for Volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa

Key Countries Covered

United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others.

Key Segments Covered

Form, Nature, End Use, Distribution Channel, and Region

Key Companies Profiled

  • Dabur
  • Lemon Concentrate S.L.
  • SAF GROUP
  • Cardak Concentrate Fruit Juice
  • Yunnan Hongrui Lemon Development Co. Ltd.
  • GTIF GROUP SA
  • Kiril Mischeff group
  • CitroGlobe Srl
  • Asia Farm F&B Pte Ltd.
  • DOHLER.

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Lemon Juice Concentrate Market by Category

By Form:

  • Liquid
  • Powder

By Nature:

  • Organic
  • Conventional

By End Use:

  • Food Industry
  • Baby Foods
  • Confectioneries
  • Bakery Products
  • Beverages
  • Others (e.g. Nutraceuticals, etc.)

By Distribution Channel:

  • Online Retail
  • Supermarkets
  • Others (e.g. specialty stores, etc.)

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is the global Lemon Juice Concentrate Market reported by FMI for 2023?

The Lemon Juice Concentrate Market is valued at US$ 12.5 million for 2023.

What is the Lemon Juice Concentrate Market valuation expected for 2033?

The Lemon Juice Concentrate Market valuation is expected to be US$ 19.4 billion in the year 2023.

What is the projected CAGR for the Lemon Juice Concentrate Market from 2023 to 2033?

The value of CAGR for the Lemon Juice Concentrate Market is estimated to be 4.4%.

Which segment type will garner significant value share by 2023?

The Food and Beverage segment would garner a significant market value share by 2023.

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Lemon Juice Concentrate Market

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