According to www.techsciresearch.com report “Global Cold Pressed Juices Market By Nature, By Type, By Point of Sale, Competition Forecast and Opportunities, 2012-2022”, global market for cold pressed juices is anticipated to grow at a CAGR of over 10% during 2016–2022.
Report URL:- https://www.techsciresearch.com/report/global-cold-pressed-juices-market-by-nature-organic-vs-conventional-by-type-fruits-vegetables-and-mixed-by-point-of-sale-hypermarket-supermarket-departmental-store-online-etc-competition-forecast-and-opportunities/864.html
Global Cold Pressed Juices Market Forecast 2022 - brochure
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
Global Cold Pressed Juices Market By Nature,
By Type, By Point of Sale, Competition
Forecast and Opportunities, 2012-2022
9. I n d u s t r y B r i e f
9
Cold Pressed Juices Market to Grow at CAGR 10% 2022
According to a TechSci Research report, “Global Cold Pressed Juices Market By Nature, By Type, By Point of Sale,
Competition Forecast and Opportunities, 2012-2022”, global cold pressed juices market is projected to grow at a
CAGR of over 10% during 2016-2022, on account of rising disposable income levels, growing awareness among
consumers, aggressive marketing strategies of major companies, easy availability of cold pressed juices and robust
distribution network of major players in different regions across the globe. In 2015, global GDP per capita, in terms of
Purchasing Power Parity reached US$15,470.15 from US$14,020.31 in 2012. Rising health concerns and increasing
global healthcare expenditure per capita to US$1,083.28 in 2015 from around US$1,026.16 in 2012 are also fueling
demand for cold pressed juices across the globe.
Additionally, rising focus on preventive healthcare, growing awareness among consumers about harmful effects of
consuming products manufactured using synthetic ingredients and increasing demand for organic cold pressed juices
is projected to propel sales of cold pressed juices across the globe. Although conventional cold pressed juices
dominated global cold pressed juices market, robust growth in demand for organic cold pressed juices can be
attributed to rising awareness about health and nutritional benefits of organic products. Thus, juice manufacturers in
developed regions such as North America, Europe, etc., have started using organic fruits and vegetables to produce
high quality and nutrition rich organic cold pressed juices. Few of the leading players in global cold pressed juices
market include PepsiCo’s Naked Juice, Hain Celestial’s BluePrint, Starbucks Evolution Fresh, Suja Life, etc.
Rising health awareness, expanding youth working class population base and rapidly changing consumer preference
towards organic cold pressed juices over conventionally manufactured cold pressed juices due to its high nutrient
content has driven sales of cold pressed juices across the globe. Moreover, greater accessibility of these products
through supermarkets/hypermarkets, brick and mortar stores and online channels along with continuous
developments in supply chain network across the globe are also anticipated to drive demand for cold pressed juices
across the globe through 2022 said Mr. Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.