NEW YORK, December 19, 2016 /PRNewswire/ --
Expanding urban population base, growing consumer spending on lifestyle products and rising health consciousness to drive global cold pressed juices market through 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.
Browse 23 market data Tables and 120 Figures spread through 161 Pages and an in-depth TOC on
"Global Cold Pressed Juices Market"
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.
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"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.
"Global Cold Pressed Juices Market By Nature, By Type, By Point of Sale, Competition Forecast and Opportunities, 2012-2022" has evaluated the future growth potential of global cold pressed juices market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities in global cold pressed juices market.
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