North America Cold Pressed Juices Market Insights: Drivers, Key Players, and Forecast 2027
North America Cold Pressed Juices Market Overview
As per the
estimation, the North America cold-pressed juice market is showing good growth
with a CAGR of 7.45% at the USD 2.80 Bn during the forecast timespan which
would be from 2020 to 2027. The growth seems to be consistent and good
considering the technological advancement and customers' needs.
Cold-pressed
juice is ready to drink juice which is made from the pressure technology that
helps in removing the juice from the leafy food. The interaction will not
include the turning and edges at all. But it would use the high strain for
expanding the period of the juice to ensure that it keeps going long as
compared to the standard juice. It can be stored properly for five days and you
don’t even have to purify it at all. This type of juice is created from leafy
food and does not have synthetic compounds at all. The quality food item is
considered to be the fundamental part which is well assessed to expand the fame
in the given forecast period. It can save the supplements of the soil products
such as minerals and chemicals which are present in the juice already. The
cold-pressed juice consists of regular antioxidants, minerals and living
proteins and minerals which are important for overall wellbeing.
Amplified levels of investment in the North
America cold-pressed juice market outlook by several F&B brands are
expected to motivate market expansion. The increased level of awareness related
to the health benefits of cold-pressed juices is expected to enhance market
development further. Also, the development of the product range in the
cold-pressed juice market in terms of flavours is projected to stimulate the
market in the upcoming period.
North America
Market for Cold-pressed juices – Competitive Dashboard
Some of the North
America Cold Pressed Juices key market players profiled in the report include
PepsiCo Inc. (U.S.), Hain Celestial Group, Inc. (U.S.), Suja Life, LLC (U.S.),
Evolution Fresh (U.S.), Pressed Juicery, Inc. (U.S.), Juice Generation Inc.
(U.S.), Liquiteria Inc. (U.S.), Florida bottling Trading (U.S.), Bolthouse
Farms Canada Inc (Canada), and The Odwalla, Inc. (U.S.).
Segmental Analysis
The segmental analysis of the North America
cold-pressed juice market outlook has been conducted on the basis of category,
region, type, and distribution channel.
On
the basis of type, the North American cold-pressed juice market has been
segmented into vegetables, fruits, and blends.
Based on the category, the North American
cold pressed juice market has been segmented into organic and conventional. On
the basis of the channel of distribution, the North American cold-pressed juice
market has been segmented into non-store-based and store-based. The store-based
segment was the biggest segment in 2017. The segment is anticipated to develop
at a CAGR of 10.93% and continue to be the largest segment in the forecast
period. Based on the region, the cold pressed juices market has been segmented
into North America, Europe, APAC, and the Rest of the World.
Regional Classification
The North
American cold-pressed juice market insights is divided into three countries
based on geography: the US, Canada, and Mexico.
The U.S. now has the highest market share
among these nations and will probably keep dominating for some time. This is
because consumers' hectic lifestyles are getting busier, which is driving up
demand for convenience foods and drinks. Over the past few years, the market's
growth has been greatly boosted by the demand for organic juice in the U.S.
market.
The North America cold-pressed juice market
in Canada is expected to grow rapidly because local market participants are
always looking for ways to outdo rivals on the competitive landscape.
Due to rising customer demand, Mexico's
market for North American cold-pressed juices is expected to expand at an
incredible rate.
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