Revenue in the Juices segment amounts to US$31.61bn in 2023. The market is expected to grow annually by 4.20% (CAGR 2023-2027).
In global comparison, most revenue is generated in the United States (US$26,090.00m in 2023).
In relation to total population figures, per person revenues of US$6.99 are generated in 2023.
By 2027, 19% of spending and 7% of volume consumption in the Juices segment will be attributable to out-of-home consumption (e.g., in bars and restaurants).
In the Juices segment, volume is expected to amount to 12,760.7ML by 2027. The Juices segment is expected to show a volume growth of 3.0% in 2024.
The average volume per person in the Juices segment is expected to amount to 2.62 L in 2023.
Definition This segment consists of all types of bottled fruit and vegetable juices which contain 100% fruit and/or vegetable juice. These juices can be directly pressed or from concentrate. Not included are fruit nectars or other drinks which do not have 100% fruit juice content. Fruit nectars with limited fruit content and juice-based soft drinks are not included here.
Structure The segment consists of 6 subsegments:
Other Juice, Juice Mixtures & Smoothies
Additional Information Prominent brand manufacturers of fruit juices are the Coca-Cola Corporation (e.g. Innocent), PepsiCo (e.g. Tropicana), and Del Monte. The market for Non-Alcoholic Drinks is structured into retail sales for at home consumption and on-premise or foodservice sales for out-of-home consumption. The at-home market, also called off-trade market, covers all retail sales via super- and hypermarkets, convenience stores or similar sales channels. The out-of-home market, also called on-trade market, away-from-home market or HORECA encompasses all sales to hotels, restaurants, catering, cafés, bars and similar hospitality service establishments. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes. The valuation of the out-of-home segment at retail prices means a significant change of the market definition in comparison to earlier iterations of the Consumer Market Outlook, as out-of-home consumption was valued at wholesale prices before. This means, market totals are not comparable to published data from prior years. The price per unit always references liters as a base unit. One liter of Juice roughly equals 3 to 5 servings (of 0.33 or 0.2 liters each).
Fruit Juices (containing 100% fruit juice content)
Vegetable juices (containing 100% vegetable juice content)
Fruit juice mixtures and smoothies (100% fruit juice content)
Syrups and nectars (<100% Fruit content; see Soft Drinks segment)
Soft drinks with fruit juice content (see Soft Drinks segment)