The Market value (retail sales value) of Juices Industry in United States of America attained a value of USD 13,490.60 Millions in 2020
The Industry recorded a historical growth (CAGR) of 0.28% between 2017 to 2020, and is expected to decline by ...
GlobalData projects the Industry to grow at a CAGR of ...
The juices industry in the US recorded a single-digit YoY growth in 2020, and a low single-digit Compound Annual Growth Rate (CAGR) between 2017-20.
PepsiCo, Coca-Cola, Campbells Soup Company, Keurig Dr Pepper, and All Market Inc held the top five leading market positions in the juices industry in the US. In 2020, the top five players held a major market share in the juices market in the US.
Tropicana, Minute Maid, Simply Orange, and V8 were the leading brands in the juices industry.
Juice includes 100% pure fruit juice or vegetable juice with no added ingredients, except permitted minerals and vitamins for the purpose of fortification and permitted additives. It may contain pulp and cells from the same kind of fruit.
PepsiCo leads the juices industry in the US in 2020
PepsiCo was the leading company (by value) in the juices market in the US in 2020, with around 5 brands operating under its trademark. Tropicana brand was the biggest contributor to the company’s juices sales in the US. Naked Juice, Dole, O.N.E., and Ceres are some of the other major brands covering the juices market in the US under PepsiCo.
Coca-Cola ranked second in the juices industry in the US
Coca-Cola was the second-largest company in the juices market in the US in 2020. Minute Maid, Simply Orange, Odwalla, and Zico were among some of the key brands tending to the juices needs of the population in the US under Coca-Cola, with a bigger chunk of sales (by value) coming from its flagship brand Minute Maid.
The other leading market positions in the juices market in the US were held by Campbells Soup Company, Keurig Dr Pepper, and All Market Inc.
Campbells Soup Company, Keurig Dr Pepper, and All Market Inc were some of the other prominent companies in the juices market in the US, owning brands such as V8, Nantucket, and Vita Coco.
Market Fragmentation: The market is highly concentrated, with the top two players accounting for more than a third of the market share in the juices market in the US.
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