GCC Fruit Juice Market Overview:
The GCC fruit juice market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Fruit juice refers to a non-fermented liquid obtained from the flesh of the fruit or from the whole fruit itself. This is done by mechanically squeezing or macerating fruits, then pasteurizing or adding preservatives before packaging the final product. Fruit juice also offers various health benefits, such as avocado fruit juice boosts natural energy in the body, papaya juice assists in healthy digestion, watermelon juice keeps the body hydrated and enhances metabolism, and pineapple juice minimizes cholesterol levels. In recent years, fruit juices have gained traction due to their refreshing taste and longer shelf-life.
One of the primary factors driving the market is the reduced consumption of soft drinks, including colas and flavored sodas, as they contain high sugar content, phosphoric acid, artificial coloring, artificial sweeteners, and caffeine, which have negative impact on the human body. Additionally, the changing lifestyles and varying eating patterns of consumers have led to rising consumption of healthy, affordable, and quick sources of nutrition, thereby creating a positive market outlook. Besides this, with the rising health consciousness, governments of numerous countries are taking several initiatives to promote the consumption of healthier food and beverage options, which is escalating the product demand. Furthermore, a large and culturally diverse population, with approximately half of the total population less than 25 years, the demand for fruit juices is high, especially among the young and working population, in the GCC region. Apart from this, with a significant Muslim population, there has been a growing demand for halal-certified food and beverages in the GCC countries. As a result, manufacturers across the region are producing natural fruit juices with no colors, preservatives, or artificial additives. They are also launching a variety of new flavors, and various product variants to expand their consumer base, thereby accelerating the product adoption rate.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC fruit juice market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC fruit juice market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC fruit juice market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC fruit juice market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC fruit juice market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC fruit juice market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC fruit juice market industry. Furthermore, the value chain analysis of the GCC fruit juice market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC Fruit Juice Market Segment Insights:
The GCC fruit juice market has been analysed as followed:
By Product Type:
By Flavor:
By Packaging Type:
By Distribution Channel:
By Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Highlights of the GCC Fruit Juice Market Report:
Report Customisation:
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