Enjoy complimentary customisation on priority with our Enterprise License!
The sparkling juices market size is estimated to grow by USD 1.05 billion at a CAGR of 10.87% between 2023 and 2028. Cold-pressed sparkling juice is a modern beverage innovation that offers several advantages over traditional juices. Firstly, the cold-pressing process preserves the natural nutrients and enzymes of fruits and vegetables by avoiding the use of high temperatures and excessive processing. In contrast, traditional juicing methods can lead to nutrient loss and oxidation. Secondly, cold-pressed sparkling juice provides an added fizz due to the infusion of carbon dioxide, making it a refreshing alternative to still juices. With increasing urbanization and changing consumer lifestyles, there is a growing demand for convenient, healthy, and tasty beverage options. In response, the market has seen an influx of new cold-pressed sparkling juice brands, catering to this trend. These beverages provide the benefits of cold-pressed juice with the added excitement of carbonation, making them a popular choice among health-conscious consumers.
To learn more about this report, Download Report Sample
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The market share growth by the sparkling juice drinks segment will be significant during the forecast period. The market for sparkling juice drinks is one of the most developed businesses worldwide. Sparkling juice drinks have carbon dioxide dissolved in water. Some examples of sparkling juice drinks include May Pineapple Sparkling Juice, Fresa Fresher Sparkling Mojito Juice, and May Peach Sparkling Juice.
Get a glance at the market contribution of various segments Request a PDF Sample
The sparkling juice drinks segment was valued at USD 396.60 million in 2018. The sparkling juice drinks sector has witnessed significant changes in terms of product innovations and services during the past several years. Companies are introducing new varieties of sparkling juice drinks while keeping consumers' health and wellness concerns in mind in order to meet expanding market difficulties. For instance, The Coca-Cola Co., in an effort to attract new consumers to the packaged sparkling juice market and strengthen its product range, introduced Minute Maid Apple Sparkle, an apple juice-based sparkling beverage containing 25% apple juice. Moreover, long-term growth is anticipated for the global market as a result of increased product advertising, a preference for portable, on-the-go meals, and busy lifestyles. Thus, owing to such factors the segment is expected to grow during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
Europe is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Owing to the rising health concerns connected with the high sugar content of many juices, the market for sparkling juice in Europe is anticipated to expand at a moderate rate over the forecast period. In Europe, customers prefer to pair their breakfast and snacks with sparkling juices and smoothies rather than junk food. In addition, vendors are concentrating on supplying novel goods, such as cold-pressed and high-pressure processed sparkling juices that are priced higher than conventional juices, which will boost their profit margin during the forecast period. To cater to the needs of health-conscious consumers, vendors are also developing low-calorie and sugar-free products. Thus, the mentioned factors are projected to drive the expansion of the European market over the forecast period.
Sparkling juices, also known as sparkling juice beverages, have been gaining popularity in the non-alcoholic beverage and alcoholic-infused sparkling market due to their unique blend of fruit juice, carbonated water and sparkling water. These refreshing beverages come in various natural flavors and are widely consumed in both developed and emerging economies. The packaging of sparkling juices is an essential factor that influences consumer preference, with trends leaning towards eco-friendly and sustainable options. Various factors, including product approvals, geographic expansions, and technological innovations drive the development of this market. Advertisements and partnerships with distributors and suppliers play a significant role in expanding the reach of these beverages. The supply chain for sparkling juices involves the sourcing of fresh fruit juice, carbonated water, and artificial sweeteners. The use of natural flavors and reduced added sugars is a trend that is expected to continue in the coming years, making the market for sparkling juice beverages an exciting and dynamic one. Leveraging social media platforms and digital marketing, companies are enhancing brand awareness and consumer engagement by promoting products enriched with functional ingredients like vitamins, minerals, probiotics, and adaptogens that offer energy, gut health, and stress relief. These products highlight their wellness benefits and unique food flavors, appealing to consumers seeking health benefits and innovative solutions for their personal wellness. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing urbanization and changing consumer lifestyles are notably driving the market growth. The expansion in the urban population, the rising need for on-the-go meals, and the rising purchasing power parity of the people in emerging nations are some of the major growth drivers for the market. A significant shift in the lifestyle and dietary preferences of consumers over the past two decades has also contributed to global market expansion.
The working population looks out for healthful on-the-go/convenience beverages like sparkling juices. Nibbling between meals has also become increasingly popular globally. Owing to the shifting preferences of the working-class customer sector, the demand for on-the-go foods and beverages at local fast-food chains and smoothie shops has increased dramatically in major urban areas. Therefore, all these factors will drive the demand for the global sparkling juices market during the forecast period.
The increasing prominence of private-label brands is an emerging trend in the market. Different shops are offering various types of sparkling juices under their private-label brands to boost their profitability, so contributing to the expansion of the global market for sparkling juices. Internationally, prominent retailers are creating their own brands of sparkling juices, such as organic sparkling fruit juices and functional sparkling juices, as well as 100% sparkling juices and sparkling juices made from nectar, to capitalize on the growing customer demand for sparkling drinks.
Furthermore, private-label goods are priced less than brand-name goods. So, price-conscious consumers are more likely to acquire certain products, especially carbonated juices. In addition to devoting more shelf space to their private-label products, supermarket chains have been engaging in various in-house marketing and promotional efforts. As the demand for private-label brands is anticipated to increase, the global market for sparkling juices is also expected to grow during the forecast period.
The fluctuating prices of raw materials are major challenges impeding the market growth. Sparkling Juices are primarily composed of fruits, carbonated water, sugar, and other components. The increase in the cost of raw materials raises the cost of producing sparkling juices. Thus, manufacturers of sparkling juices pay considerable expenditures while acquiring raw materials. In addition, bad weather conditions, national emergencies, natural catastrophes, supply shortages, and other unanticipated events also impact the availability of raw materials.
The increase in product costs impacts consumer purchasing decisions, which impacts the manufacturer's market performance. Fruits and sugar used in the production of sparkling juices, as well as packaging materials such as plastic, aluminum, and paper, have prices that fluctuate based on their availability. Therefore, the volatility in the prices of raw materials may hinder the growth of the global market during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AriZona Beverages USA LLC - The company offers a wide range of beverages such as black tea, green tea, cocktails, coconut water, juices, and powdered mix. The key offerings of the company include sparkling juices such as Arnold Palmer, Fruit Punch, Watermelon, and Mucho Mango.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Sparkling juices, also known as sparkling juice beverages, have been gaining popularity among health-conscious consumers in both developed and emerging economies. These beverages offer a unique blend of fruit juice and carbonated water, creating a refreshing and bubbly drink. The market for juice beverages is developing rapidly, with natural flavors being a key trend. Packaging plays a crucial role in the market. Innovative designs and eco-friendly materials are being used to attract consumers. Advertisements and partnerships with distributors and partners are essential for companies to expand their reach in the supply chain. The non-alcoholic beverage market, which includes sparkling juices, is expected to grow significantly in the coming years. Fruit juice, carbonated water, sweeteners, and soda are the main components of these beverages.
However, concerns over added sugars, soft drinks, artificial flavors, preservatives, and other additives have led consumers to seek healthier alternatives. Technological innovations, such as product approvals and geographic expansions, are strategic moves for domestic market players to tap into revenue pockets and application niches. Trade regulations and import-export analysis are also important factors in the production analysis and value chain optimization of the sparkling juices industry. Champagne and soda are traditional competitors in the carbonated beverage market, but sparkling juices offer unique advantages, such as nutritional benefits, essential vitamins, and antioxidants. The market for juice beverages is expanding as consumers increasingly seek out products with natural flavors, while also showing interest in carbonated beverages for a refreshing alternative. The market for these beverages is expected to continue growing, driven by consumer demand for healthier, more natural options. The price range for sparkling juices varies, with some premium brands offering a more luxurious experience, reminiscent of champagne.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
182 |
|
Base year |
2023 |
|
Historic period |
2018- 2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 10.87% |
|
Market growth 2024-2028 |
USD 1.05 billion |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
9.53 |
|
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
|
Performing market contribution |
Europe at 44% |
|
Key countries |
US, Germany, China, India, and UK |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
Apple and Eve LLC, AriZona Beverages USA LLC, Campbell Soup Co., Cawston Press Ltd., ENVASADOS EVA SA, Good Juicery, Juice and World, Keurig Dr Pepper Inc., Kristian Regale Inc., National Beverage Corp., Nestle SA, Ocean Spray Cranberries Inc., Parle Agro Pvt Ltd., PepsiCo Inc., Shloer, The Coca Cola Co., The J.M Smucker Co., The S. Martinelli and Company, and Welch Foods Inc. |
|
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
