Cold Pressed Juices Market to Grow at CAGR 10% 2022
Expanding urban population base, growing consumer spending on lifestyle
products and rising health consciousness to drive global cold pressed juices
market through 2022
According to a TechSci
Research report, “Global
Cold Pressed Juices Market By Nature, By
Type, By Point of Sale, Competition Forecast and Opportunities, 2012-2022”, global cold pressed juices market is
projected to grow at a CAGR of over 10% during 2016-2022, on account of rising
disposable income levels, growing awareness among consumers, aggressive
marketing strategies of major companies, easy availability of cold pressed
juices and robust distribution network of major players in different regions across
the globe. In 2015, global GDP per capita, in
terms of Purchasing Power Parity reached US$15,470.15 from US$14,020.31 in
2012. Rising health concerns and
increasing global healthcare expenditure per capita to US$1,083.28 in 2015 from
around US$1,026.16 in 2012 are also fueling demand for cold pressed juices across
the globe.
Browse 23 market data Tables and 120 Figures spread through 161 Pages and an in-depth TOC on "Global Cold Pressed Juices Market"
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Additionally, rising focus on preventive healthcare, growing awareness
among consumers about harmful effects of consuming products manufactured using
synthetic ingredients and increasing demand for organic cold pressed juices is
projected to propel sales of cold pressed juices across the globe. Although
conventional cold pressed juices dominated global cold pressed juices market,
robust growth in demand for organic cold pressed juices can be attributed to rising
awareness about health and nutritional benefits of organic products. Thus,
juice manufacturers in developed regions such as North America, Europe, etc.,
have started using organic fruits and vegetables to produce high quality and
nutrition rich organic cold pressed juices. Few of the leading players in
global cold pressed juices market include PepsiCo’s
Naked Juice, Hain Celestial’s BluePrint, Starbucks Evolution Fresh, Suja Life,
etc.
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“Rising health awareness, expanding youth working class population
base and rapidly changing consumer preference towards organic cold pressed
juices over conventionally manufactured cold pressed juices due to its high
nutrient content has driven sales of cold pressed
juices across the globe. Moreover,
greater accessibility of these products through supermarkets/hypermarkets,
brick and mortar
stores and online channels along with continuous developments
in supply chain network across the globe are also anticipated to drive demand
for cold pressed juices across the globe through 2022.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Cold Pressed Juices
Market By Nature, By Type, By Point of Sale, Competition Forecast and
Opportunities, 2012-2022” has
evaluated the future growth potential of global cold pressed juices market and
provides statistics and information on market structure, size, share and future
growth. The report is intended to provide cutting-edge market intelligence and
help decision makers to take sound investment evaluation. Besides, the report
also identifies and analyzes emerging trends along with essential drivers,
challenges and opportunities in global cold pressed juices market.
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