Technavio has announced the top five leading vendors in their recentglobal fruit and vegetable mixed juices marketreport. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.
Technavio's analysts foresee the global fruit and vegetable mixed juices market to reach USD 2.06 billion by 2020.
The fruit and vegetable mixed juices are gaining popularity due to their low sugar content and high nutrient content. The high demand for fruit and vegetable mixed juice products is expected to continue during the forecast period. Players in the market are coming up with new products to cater to this demand. It is a very niche market and is slowly gaining popularity among growing markets such as China, India, and other developing nations.
The global fruit and vegetable mixed juices market is expected to have good growth in terms of volume during the forecast period. This is primarily due to the large untapped market potential. Very few consumer segments are aware of the benefits of fruit and vegetable mixed juices. Players in the market can garner huge profit margins during the forecast period through marketing and advertising activities that increase the consumer knowledge about the benefits of these products. Blueberry and bitter gourd juices are widely accepted among diabetic patients in India. Juices such as carrot blueberry juice are also gaining prominence among consumers.
Competitive vendor landscape
The global fruit and vegetable mixed juices market is highly competitive and fragmented owing to the presence of numerous global and regional players. The market is dominated by leading global players, who are expanding their presence worldwide, especially in fast-developing countries in APAC, Africa, and Latin America. Hence, regional players are finding it increasingly difficult to compete with them, especially on factors such as quality and pricing.
"The competitive environment in this market is likely to intensify further with the increase in product extensions and technological innovations. Global players are expected to grow inorganically by acquiring regional or local players," says Manjunath Reddy, a lead non-alcoholic beverages analyst from Technavio.
Request a sample report: http://www.technavio.com/request-a-sample?report=53800
Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Top five fruit and vegetable mixed juices market vendors
Coca-Cola
Coca-Cola manufactures, distributes, and markets a variety of non-alcoholic beverages in the still and sparkling beverage category. It owns and retails leading brands of non-alcoholic sparkling beverage such as Diet Coke, Diet Coke, Fanta, and Sprite. As of December 31, 2015, the company employed 123,200 people and had revenue of USD 44.29 billion.
Fresh Del Monte Produce
Fresh Del Monte Produce functions along with its subsidiaries in the sourcing, transportation, and marketing of fresh produce, fresh cut, and prepared food products in the Middle East, Europe, and Africa. The company retails its product under the brand Del Monte. The company functions in the global fruit and vegetable mixed juices market through its product offerings in various beverages categories such as Ultra Fresh Juices, Gold Juices, Pure Juices, Nectars, Top Bar Range/Canned Juices, and Specialty Juices.
Dr Pepper Snapple Group
Dr Pepper Snapple Group is a manufacturer, brand owner, and distributor of non-alcoholic beverages in the US, Canada, and Mexico. It offers a diverse portfolio of flavored carbonated soft drinks and non-carbonated beverages such as ready-to-drink teas, juices, juice drinks, and mixers.
Nestlé
The company, along with its subsidiaries, develops, produces, markets, and sells food and beverages globally. Nestlé focuses on expanding its health, nutrition, and wellness business by making strategic investments, undertaking acquisitions, and establishing partnerships and collaborations.
PepsiCo
PepsiCo is one of the leading global food and beverages manufacturer. Its key brands include Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi. As of December 26, 2015, the company had 263,000 employees and recorded a revenue of USD 63.05 billion. The company invested USD 754 million in R&D in FY2015.
Browse Related Reports:
- Global Smoothies Market 2016-2020
- Global Functional Drinks Market 2016-2020
- Global Organic Drinks Market 2016-2020
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact enquiry@technavio.com with your requirements and our analysts will be happy to create a customized report just for you.
About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161019005061/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com