NEW YORK, May 8, 2023 /PRNewswire/ -- The grape juice market size is set to grow by USD 414.9 million between 2021 and 2026. The market is expected to progress at a CAGR of 3.47%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. View a Sample Report
The report also covers the following areas:
Grape Juice Market 2022-2026: Segmentation
- Distribution Channel
- Offline
- Online
- Geography
- North America
- APAC
- Europe
- South America
- Middle East And Africa
The market share growth by the offline segment will be significant for the market growth during the forecast period. The offline distribution channel dominated the global market and includes brick-and-mortar outlets such as hypermarkets, supermarkets, grocery stores, and convenience stores. The expansion of hypermarkets and supermarkets across the world is expected to play a major role in driving the growth of this segment. The easy availability of products and convenient access to outlets offering a broad range of product mixes are expected to drive this segment during the forecast period.
Grape Juice Market 2022-2026: Vendor Analysis and Scope
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Some of the major vendors of the grape juice market include Cantine Brusa 1888 Spa, Citrus World Inc., Dabur India Ltd., De La Rosa Real Foods and Vineyards, Eckes Granini Group GmbH, G Patritti and Co. Ltd., Harvest Hill Beverage Co., Kayco Co., Kineta SA, Langer Juice Co. Inc., Lassonde Industries Inc., Nestle SA, Ocean Spray Cranberries Inc., Odyssey International Import Export Pty Ltd., PepsiCo Inc., Suntory Holdings Ltd., Vina Montpellier S.A., Voelkel GmbH, Welch Foods Inc., and Windmill Organics Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15 vendors operating in the market.
Vendor Offerings
- Citrus World Inc - The company offers grape juices under its brand Floridas Natural.
- Dabur India Ltd. - The company offers grape juice under its brand Real Activ.
- Patritti and Co. Ltd. - The company offers grape juices such as sparkling dark grape juice, sparkling white grape juice, and sparkling golden muscatel grape juice.
Grape Juice Market - Market Dynamics
Key Driver
A key factor driving growth in the market is the growing number of organized retail outlets. Organized retailers have grown significantly in major countries, which is extremely beneficial for the vendors operating in the global market. Supermarkets, hypermarkets, convenience stores, and discount stores have become the major sources of distribution and marketing of grape juice. The rise in urbanization in regions such as APAC and Latin America has positively influenced the rise in the number of organized retail outlets. Brazil, the UK, Germany, Italy, Spain, China, Canada, France, Australia, and Japan are among the major countries with a high degree of penetration of organized retailing outlets within their territories. Hence, the increase in the number of organized retail outlets globally is expected to foster the growth of the global market.
Major Trends
The increasing focus on organic and non-GM products is a key trend that is expected to have a positive impact on the market during the forecast period. Consumers in some countries, such as Hungary, Greece, and Luxembourg, believe that GM products represent health threats. However, GM products are produced and used in various processed food and beverages in various other countries. Additionally, vendors across the food and beverage industry prefer that the ingredients used for the manufacture of products are produced through conventional methods of farming. Increased awareness among consumers about the health benefits of organic products also increases the demand for grape juice produced from organically grown grapes. Several vendors operating in the region are emphasizing the production of organic grape juices. Hence, the increased consumer awareness and vendor focus on organic products are expected to bring about significant market growth.
Key Challenges
The stringent regulations on grape juice will be a major challenge hindering the market during the forecast period. Several government bodies across the world enforce stringent guidelines or regulations for processing and producing grape juice. Along with regulations, certain regulatory bodies define parameters for food safety through the certification of food products and are responsible for protecting and promoting public health. The manufacturers of food products need to comply with the guidelines set by the US Food and Drug Administration (US FDA), in the US. Similarly, in the EU member countries, manufacturers of grape juice are required to comply with the regulations set by the European Food Safety Authority (EFSA). In India, the Food Safety and Standards Authority of India (FSSAI) regulates the quality of food products. Hence, the need to comply with these regulations involves additional costs, which could hamper the profits of the vendors and pose a challenge to the market.
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Grape Juice Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist grape juice market growth during the forecast period
- Estimation of the grape juice market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the grape juice market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of grape juice market vendors
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Grape Juice Market Scope |
|
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.47% |
Market growth 2022-2026 |
USD 4,14.9 million |
Market structure |
Fragmented |
YoY growth 2021-2022 (%) |
2.74 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 35% |
Key countries |
US, Canada, India, Germany, and Brazil |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Cantine Brusa 1888 Spa, Citrus World Inc., Dabur India Ltd., De La Rosa Real Foods and Vineyards, Eckes Granini Group GmbH, G Patritti and Co. Ltd., Harvest Hill Beverage Co., Kayco Co., Kineta SA, Langer Juice Co. Inc., Lassonde Industries Inc., Nestle SA, Ocean Spray Cranberries Inc., Odyssey International Import Export Pty Ltd., PepsiCo Inc., Suntory Holdings Ltd., Vina Montpellier S.A., Voelkel GmbH, Welch Foods Inc., and Windmill Organics Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio's Consumer Staples Market Reports
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 26: Chart on Comparison by Distribution Channel
- Exhibit 27: Data Table on Comparison by Distribution Channel
- 5.3 Offline - Market size and forecast 2021-2026
- Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
- 5.4 Online - Market size and forecast 2021-2026
- Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 36: Market opportunity by Distribution Channel ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 Canada - Market size and forecast 2021-2026
- Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.11 India - Market size and forecast 2021-2026
- Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.12 Brazil - Market size and forecast 2021-2026
- Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Citrus World Inc.
- Exhibit 89: Citrus World Inc. - Overview
- Exhibit 90: Citrus World Inc. - Product / Service
- Exhibit 91: Citrus World Inc. - Key offerings
- 10.4 Dabur India Ltd.
- Exhibit 92: Dabur India Ltd. - Overview
- Exhibit 93: Dabur India Ltd. - Business segments
- Exhibit 94: Dabur India Ltd. - Key offerings
- Exhibit 95: Dabur India Ltd. - Segment focus
- 10.5 G Patritti and Co. Ltd.
- Exhibit 96: G Patritti and Co. Ltd. - Overview
- Exhibit 97: G Patritti and Co. Ltd. - Product / Service
- Exhibit 98: G Patritti and Co. Ltd. - Key offerings
- 10.6 Kayco Co.
- Exhibit 99: Kayco Co. - Overview
- Exhibit 100: Kayco Co. - Product / Service
- Exhibit 101: Kayco Co. - Key offerings
- 10.7 Langer Juice Co. Inc.
- Exhibit 102: Langer Juice Co. Inc. - Overview
- Exhibit 103: Langer Juice Co. Inc. - Product / Service
- Exhibit 104: Langer Juice Co. Inc. - Key offerings
- 10.8 Lassonde Industries Inc.
- Exhibit 105: Lassonde Industries Inc. - Overview
- Exhibit 106: Lassonde Industries Inc. - Product / Service
- Exhibit 107: Lassonde Industries Inc. - Key news
- Exhibit 108: Lassonde Industries Inc. - Key offerings
- 10.9 Nestle SA
- Exhibit 109: Nestle SA - Overview
- Exhibit 110: Nestle SA - Business segments
- Exhibit 111: Nestle SA - Key news
- Exhibit 112: Nestle SA - Key offerings
- Exhibit 113: Nestle SA - Segment focus
- 10.10 Ocean Spray Cranberries Inc.
- Exhibit 114: Ocean Spray Cranberries Inc. - Overview
- Exhibit 115: Ocean Spray Cranberries Inc. - Product / Service
- Exhibit 116: Ocean Spray Cranberries Inc. - Key offerings
- 10.11 PepsiCo Inc.
- Exhibit 117: PepsiCo Inc. - Overview
- Exhibit 118: PepsiCo Inc. - Business segments
- Exhibit 119: PepsiCo Inc. - Key news
- Exhibit 120: PepsiCo Inc. - Key offerings
- Exhibit 121: PepsiCo Inc. - Segment focus
- 10.12 Welch Foods Inc.
- Exhibit 122: Welch Foods Inc. - Overview
- Exhibit 123: Welch Foods Inc. - Product / Service
- Exhibit 124: Welch Foods Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 125: Inclusions checklist
- Exhibit 126: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 127: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 128: Research methodology
- Exhibit 129: Validation techniques employed for market sizing
- Exhibit 130: Information sources
- 11.5 List of abbreviations
- Exhibit 131: List of abbreviations
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