The Market value (retail sales value) of the Global Juices Industry attained a value of USD 44,003.96 Millions in 2020
The Industry recorded a historical decline (CAGR) of 1.48 % between 2017 to 2020, and is expected to grow by...
GlobalData projects the Industry to grow at a CAGR of ...
The market value of the global juices industry has steadily been growing since 2017 but posted a sharp decline in 2020.
PepsiCo, Coca-Cola, Eckes-Granini, Kagome Co., Ltd., and Campbells Soup Company held the top five leading market positions in the global juices industry in 2020, cumulatively holding a major portion of market share in terms of value.
Tropicana, Minute Maid, Kagome, and Simply Orange 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 global juices industry in 2020
PepsiCo was the leading company in the global juices market (by value) in 2020, with more than 20 brands under its trademark. Tropicana brand was the biggest contributor to the company’s global juices sales. Naked Juice, Dole, and Lubimiy are some of the other major juice brands offered under PepsiCo.
Coca-Cola ranked second in the global juices industry
Coca-Cola was the second largest company in the global juices market in 2020. Minute Maid, Simply Orange, Innocent, Dobry, and D Zico were among some of the key brands tending the global juices needs under Coca-Cola, with a bigger chunk of the juice items sale (by value) coming from its flagship brand Minute Maid.
The other leading market positions in the global juices market were held by Eckes-Granini, Kagome Co., Ltd., and Campbells Soup Company.
Eckes-Granini, Kagome Co., Ltd., and Campbells Soup Company were some of the other prominent companies in the global juices market, owning brands such as Granini, Kagome, and V8, respectively.
Market Fragmentation: Top two players held more than a fifth of the market share in the global juices market.
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