Home Press Release Global NFC Juices Market Worth USD 2,805.74 Million By 2031 | CAGR of 3.7%

Global NFC Juices Market Worth USD 2,805.74 Million By 2031 | CAGR of 3.7%

Introduction

Not From Concentrate (NFC) juices are created from extracts of natural fruits and vegetables. No concentrates or chemicals are added to or blended with the juices throughout the NFC procurement process. Orange, lemon, apple, and pomegranate are among the wide varieties available for NFC drinks. NFC juices retain a greater amount of nutrients and flavor than conventional beverages. The increasing demand for natural plant-based components and the popularity of convenience foods and drinks drive the market expansion. As a result, there is a growing demand for natural and healthful products. Most NFC juices are produced from a single fruit or a mixture of fruits. Due to the nutritional content of various fruits, customers eat food and beverages prepared from them or their processed forms, including puree, concentrate, and juice.

Market Dynamics

Rising Demand for Natural, Plant-Based Ingredients Drives the Global Market

Health-related worries among consumers are rising sharply. The demand for products made with natural and healthy ingredients has increased as a result. Non-concentrate juices (NFC) are often produced from a single fruit or a blend of many fruits. Due to the nutritional benefits of these fruits, consumers are consuming food and beverages made from them or their processed forms, such as puree, concentrates, juice, and others. The consumption of apples can help reduce your chance of developing cancer, diabetes, hypertension, and heart disease thanks to their high levels of flavonoids, dietary fiber, and antioxidants.

Due to global growth in health consciousness, consumers now favor natural alternatives like plant-based beverages over artificially sweetened and heavily processed beverages. More frequently now, NFC juices are used in the manufacturing of drinks. Plant-based beverage manufacturers have expanded their product ranges in response to the rising popularity of vegan and flexitarian diets. Most people worldwide are expanding their beverage menu to include plant-based options, especially in Europe and North America.

Growing Health Consciousness Among the General Population Creates Tremendous Opportunities

Global consumers are quickly adopting healthier lifestyles. The general public is emphasizing the importance of eating and drinking organic foods. NFC Juices are flexible and have a neutral flavor and color. Additionally, NFC juice makes it possible to label products with phrases like "No additives" or "100% fresh fruit juice." NFC Juices have several benefits: improved hydration, health-promoting plant compounds, brain and immune system support, and health promotion.

Regional Analysis 

Europe is the most significant revenue contributor and is anticipated to grow at a CAGR of 3.30 percent over the projection period. The market for NFC juices in Europe is growing for various reasons. The usage of NFC juices in alcoholic beverages, such as beers and ciders, is expected to drive market expansion for NFC juices because consumers in the region like alcoholic beverages with fruit flavors. Fruit-flavored alcoholic beverages have recently grown in popularity among consumers in Europe. For instance, Europe produces and consumes a lot of flavored vodka and gin. Millennials have been the primary driver of the flavored alcoholic beverage business expansion over the last few years.

North America is anticipated to grow at a CAGR of 3.75% during the projection period. The market for NFC juices is anticipated to grow due to numerous causes. North America is expected to be a market for the producers of NFC juices. We have significantly influenced the market expansion in this region. The U.S. will maintain its regional market dominance throughout the assessment period. The market is expected to grow in North America due to rising convenience food and beverage consumption and increasing interest in healthier food options. Due to growing consumer health concerns, food manufacturers are gravitating toward adopting natural and healthy food ingredients.

Key Highlights

  • The global NFC juices market was valued at USD 2,023.20 million in 2022. It is projected to reach USD 2,805.74 million by 2031, growing at a CAGR of 3.70% during the forecast period (2023-2031).
  • Based on product type, the global NFC juices market is bifurcated into orange, lemon, apple, pomegranate, and blends. The segment is the highest contributor to the market and is estimated to grow at a CAGR of 3.90% during the forecast period.
  • Based on category, the global NFC juices market is bifurcated into conventional and organic. The conventional segment is the major contributor to the market and is estimated to grow at a CAGR of 3.85% during the forecast period.
  • Based on application, the global NFC juices market is bifurcated into non-alcoholic beverages, alcoholic beverages, bakery and confectionery, dairy and frozen desserts, and others. The non-alcoholic beverages segment is the highest contributor to the market and is estimated to grow at a CAGR of 3.25% during the forecast period.
  • Europe is the most significant revenue contributor and is expected to grow at a CAGR of 3.30% during the forecast period.

Competitive Players

  1. Döhler
  2. Kerr Concentrates
  3. CitroGlobe S. r.l.
  4. Austria Juice
  5. Lemonconcentrate S.L.U
  6. Kiril Mischeff
  7. Louis Dreyfus Company
  8. Prodalim Group

Recent Developments

  • February 2024 - Tropics Beverages released 100% NFC lime juice, made from limes sourced from Mexico. This product is free from artificial colors, flavors, high fructose corn syrup, and preservatives and is marketed as a vegan, gluten-free, and kosher option. The juice is gently pasteurized and frozen fresh, ensuring a high-quality, natural flavor.

Segmentation

  1. By Product Type
    1. Orange
    2. Lemon
    3. Apple
    4. Pomegranate
    5. Blends
    6. Others
  2. By Category
    1. Conventional
    2. Organic
  3. By Applications
    1. Non-Alcoholic Beverages
    2. Alcoholic Beverages
    3. Bakery and Confectionery
    4. Dairy and Frozen Desserts
    5. Others

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