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The global NFC juices market is projected to record a CAGR of 3.58% during the forecast period due to the rising demand for natural plant-based ingredients

Market Research Future has published a report on the Global NFC Juice Market, 2021–2028. The global NFC juice market is projected to exhibit a CAGR of 3.58% during the forecast period of 2021 to 2028.

Market Research Future has recognized the following companies as the key players in the global NFC juice market: Döhler (Germany), Kerr Concentrates (US), Citro Globe S.r.l. (Italy), Louis Dreyfus Company (Netherlands), Kiril Mischief (UK), Lemon Concentrate S.L. (Spain), Austria Juice (Austria), Prodalim Group (Israel), Sun Impex (UAE), and Arizba BV (Netherlands).


NFC Juices Market Highlights


The global NFC juices market is projected to be valued at USD 2,510.3 million by 2028, recording a CAGR of 3.58% during the forecast period. The major factors driving the market growth are increasing demand for natural plant-based ingredients and the growing popularity of convenience food & beverage. However, the regional availability of fruits is expected to hamper the growth of the global market. Nevertheless, the increasing consciousness regarding health among the general population is expected to create immense growth opportunities for the market players during the assessment period.


Segmental Analysis


The global NFC juice market has been segmented based on product type, category, application, and region.


Based on product type, the global NFC juices market has been segmented into orange, lemon, apple, pomegranate, blends, and others. NFC means Not From Concentrate. NFC juices are manufactured using a technology that fills fresh fruit juice under low-temperature conditions after pasteurized. The whole manufacturing process is taken in a cold chain system. The orange segment accounted for the largest market share of 22.93% in 2020 and is projected to register a decent CAGR of 3.88% during the forecast period. However, the blends segment is expected to register the highest CAGR of 3.95% during the forecast period.


Based on category, the global NFC juice market has been segmented into organic and conventional. The conventional segment accounted for the larger market share of 79.56% in 2020. However, the organic segment is expected to register the highest CAGR of 4.31% during the forecast period.


Based on application, the global NFC juice market has been segmented into alcoholic beverages, non-alcoholic beverages, bakery & confectionery. In terms of value, the non-alcoholic beverages segment accounted for the largest market share in 2020 and Dairy & Frozen Desserts is expected to register the highest CAGR of 4.42% during the forecast period.


Regional Analysis

On the basis of region, the global NFC juice market has been categorized as North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Europe dominates the market share with the growth of the European NFC juices market can be attributed to numerous factors. The application of NFC juices in alcoholic beverages such as beers and ciders is expected to drive the growth of the NFC juices market as consumers in the region are demanding fruit-flavored alcoholic beverages. The popularity of fruit-flavored alcoholic beverages is surging among European consumers in recent years. For instance, both the production and consumption of flavored vodka and gin are significant in European countries, and the millennials have been driving the sales of flavored alcoholic beverages over the last few years. Europe accounted market share of 24.17% of the global NFC juice market in terms of value in 2020. France, the UK, and Germany were the key contributors to the growth of the European gardening tools market in 2020. North America accounted for a share of 32.17% of the global NFC juices market in 2020 and is projected to expand at a CAGR of 3.70% during the forecast period. The growth of the NFC juices market is anticipated to be driven by several factors. North America is expected to be a potential market for the producers of NFC juices. With the US being the major contributor to the market growth in this region. The US is expected to maintain its dominance within the regional market during the review period. The increasing awareness about healthy food products and rising consumption of convenience food & beverage products are expected to drive the growth of the market in North America. North America accounted for a share of 32.17% of the global NFC juices market in 2020 and is projected to expand at a CAGR of 3.70% during the forecast period. The growth of the NFC juices market is anticipated to be driven by several factors. North America is expected to be a potential market for the producers of NFC juices. With the US being the major contributor to the market growth in this region. The US is expected to maintain its dominance within the regional market during the review period. The increasing awareness about healthy food products and rising consumption of convenience food & beverage products are expected to drive the growth of the market in North America. China accounted for a major share of 33.32% of the Asia-Pacific NFC juices market. The NFC juices market in China is highly fragmented due to several local and unorganized players. However, India is projected to register the highest CAGR of 4.69% during the forecast period of 2021 to 2028. South America has accounted for the major market share of 44.39% in the Rest of the World NFC juices market


Key Findings of the Study:



  • The global NFC juice market is projected to register a growth rate of 3.58% from 2021 to 2028.

  • The orange segment is estimated to retain its prominent share till 2028 whereas, the blends segment is projected to record the highest CAGR of 3.95% during the forecast period.

  • The conventional segment accounted for a larger market share of 79.56% in 2020 whereas, organic segment is expected to register the highest CAGR of 4.31% during the forecast period.

  • The non-alcoholic beverages segment accounted for the largest market share of 47.97% in 2020 and Dairy & Frozen Desserts is projected to register the highest CAGR of 4.42% during the forecast period.

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Report details
Companies Covered 15
Pages 100
Certified Global Research Member
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