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Reconstituted Juice Market Outlook from (2023 to 2033)

The global Reconstituted Juice market is expected to reach a market valuation of US$ 13.6 billion by 2023, recording a CAGR of 5.5% from 2023 to 2033.

Juice that has been reconstituted is juice that has had its water removed and then added back in. Juice is converted into concentrated juice by evaporating the majority of the water content from freshly squeezed juice, leaving behind a more concentrated juice that is simpler to transport and store. Reconstituted juice, which is commonly accessible in supermarkets and grocery stores, is a practical and affordable substitute for freshly squeezed juice. Freshly squeezed juice, however, is preferred by some individuals since it is thought to be more natural and less processed.

Reconstituted Juice Market Size (2023E)

US$ 13.6 billion

Reconstituted Juice Market Projected Size (2033F)

US$ 23.3 billion

Value CAGR (2023 to 2033)

5.5%

Top 3 Countries Marketing Share

66.5%

Juice concentrate is combined with water to create reconstituted juice, which is then sweetened and flavored to taste. To assure safety and remove pollutants, the water used in the process might be treated. Juice produced in this way has a taste and nutritional value comparable to freshly squeezed juice, albeit brand and kind can affect whether or not added sugars or preservatives are present.

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

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How Has the Market Progressed So Far in 2022?

Market Statistics

Details

Jan–Jun (H1), 2021 (A)

5.2%

Jul–Dec (H2), 2021 (A)

5.3%

Jan–Jun (H1),2022 Projected (P)

5.5%

Jan–Jun (H1),2022 Outlook (O)

5.3%

Jul–Dec (H2), 2022 Projected (P)

5.6%

Jul–Dec (H2), 2022 Outlook (O)

5.7%

Jan–Jun (H1), 2023 Projected (P)

5.4%

Historic v/s Future Outlook Comparison for Reconstituted Juice?

The primary driving force behind the market expansion is also an increase in end-user disposable income and knowledge of the health advantages of reconstituted juice among millenniums. Also, the market for reconstituted juices around the world is driven by increased demand from the beverage industry and falling transportation and storage costs. Reconstituted juice, which is frequently utilized in the beverage sector, is 3 to 7 times more concentrated than the original juice. In addition, there is an increase in the manufacture of concentrated fruit juices due to the increased production of organic fruit in many nations.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Value Added Goods Becoming Popular

Consumers today favor foods and beverages that support a sustainable way of life, which implies that beverages should have advantages beyond only good health. While diet should provide supplements to boost digestion and the immune system, the products employed should be natural and highly functional. The demand for beverages with the finest nutritional and functional qualities is increasing as a result of consumers' increased environmental and health concerns. The Japanese beverage market sees demand for RTD coffee drinks, sports drinks, and energy drinks. A preferred category of alcoholic beverages among Japanese consumers is beauty drinks, or alcoholic beverages that support the skin and physical appearance.

Comparative View of Associated Market

Coconut Water Market:

Attributes

Coconut Water Market

CAGR (2023 to 2033)

10%

Market Value (2023)

US$ 6,032 million

Growth Factor

Big manufacturers are producing packaged coconut water drinks and beverages to gain traction as consumer preferences move to natural beverages.

Key Trend

Numerous food and beverage items, including as cereals, nutrition bars, baked goods, dairy products, drinks, snacks, soups, sauces, and some of the most traditional culinary cuisines, are nutritionally enhanced and functionalized with coconut water.

Sports Drink Market:

Attributes

Sports Drink Market

CAGR (2023 to 2033)

6%

Market Value (2023)

US$ 30,634.1 million

Growth Factor

These items are principally made to replace fluids and electrolytes lost through perspiration, which can aid athletes in avoiding dehydration and cramping.

Key Trend

Sports drinks are a practical way for busy people to quickly replenish important nutrients because they are frequently supplemented with vitamins and minerals.

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Country-wise Insights

How the Sales of Reconstituted Juice Market Shaping in North America?

As customer demand for quick-to-drink, healthful beverages rises, the market for reconstituted juice in North America has been expanding steadily in recent years. The demand for reconstituted juices in the area has been driven by elements like hectic lives, greater health consciousness, and rising disposable income. The majority of global market income comes from North America. But, the market is also expanding in Canada, propelled by elements including rising health consciousness, shifting food preferences, and an expanding population. In conclusion, the North American reconstituted juice market is anticipated to maintain its upward trend in the years to come, propelled by variables such shifting customer tastes, increased health consciousness, and rising disposable income.

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

Asia Pacific customers are looking for ready-to-drink beverages that are handy due to their fast-paced lifestyles and growing urbanization. Juices that have been reconstituted are convenient for busy consumers since they are simple to travel, store, and enjoy. Consumers in Asia and the Pacific are more likely to spend extra on upscale and healthful beverages. Juices that have been reconstituted are frequently more expensive than other kinds of packed juice, but they are thought to be healthier.

Also, due to the expansion of contemporary retail channels like supermarkets, hypermarkets, and convenience stores, the distribution of reconstituted juice has substantially improved in recent years. Reconstituted juices are now easier to find for customers in the Asia Pacific region as a result.

Category-wise Insights

Fruit Juice Being the Most Popular Type

In terms of market revenue in 2021, the sector for fruit juice concentrates commanded the largest market share. Several businesses, including the beverage, bakery & confectionery, food, and alcoholic beverage sectors, use fruit juice concentrates, which explains why. Fruit juice concentrates are used as sugar substitutes when making cakes, biscuits, and pastries in the baking and confectionery industry.

Liquid Segment Being the Most Convenient

Preparation is much more suitable and accessible due to its simplicity of use and consumption, especially when time is of the essence. Because of this, it is frequently consumed by those who are working and have little to no time to prepare dinner. There are liquid versions of plant extracts, as well as solvents made from fruits and vegetables. This liquid extract can be supplied in end-use industries in powdered form or for a number of uses. Juice concentrate is frequently available in liquid form because it needs the least processing when compared to other forms.

Competitive Landscape

  • A line of pea and faba bean concentrates called Vitessence Prista was released by Ingredion. According to the company, unlike dry-milled pulse products, the new Vitessence Prista product range does not have a plant flavor, unchecked microbiological levels, or a bitter taste.
  • By building the refined taste manufacturing facility in KwaZulu-Natal, South Africa, Kerry increased its geographic reach. The new production line offers nutritious products with a long shelf life that can be used in Africa. Also, the opening of the Hammarsdale plant is a successful step in helping people to understand the concept of creating a world with palatable nutrition.

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

Nature, Ingredient, End Use, Packaging, Distribution Channel, and Region

Key Companies Profiled

  • PepsiCo Ltd.
  • The Daily Juice Company
  • S.M. Jaleel & Co. Ltd.
  • Citrus World, Inc.
  • Citrosuco S.A.
  • Louis Dreyfus Company B.V.
  • Lemon Concentrate S.L.
  • Frunutex Sp. z o.o.
  • AGRANA Beteiligungs-AG.

Report Coverage

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

Customization & Pricing

Available upon Request

Reconstituted Juice Market by Category

By Nature:

  • Organic
  • Conventional

By Ingredient:

  • Fruit
  • Vegetable
  • Mixed Fruits and Vegetable

By End Use:

  • HoReCa (Hotels, Restaurants, and Cafes)
  • Household/Retail

By Packaging:

  • Retail
  • Bottle
  • Can
  • Tetra Pak
  • Bulk

By Distribution Channel:

  • Direct/B2B
  • Indirect/B2C
  • Hypermarkets/Supermarkets
  • Modern Grocery Stores
  • Discount Stores
  • Specialty Stores
  • e-Retail

By Region:

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

Frequently Asked Questions

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

The Reconstituted Juice Market is valued at US$ 13.6 billion for 2023.

What is the Reconstituted Juice Market valuation expected for 2033?

The Reconstituted Juice Market valuation is expected to be US$ 23.3 billion in the year 2023.

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

The value of CAGR for the Reconstituted Juice Market is estimated to be 5.5%.

Which segment type will garner significant value share by 2023?

The Fruit Juice segment would garner a significant market value share by 2023.

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