Market Outlook
According to Goldstein Research, Australia juice market is expected to reach USD 1.3billion by the end of 2025, growing at a CAGR of 2.1% over the forecast period, 2017-2025. Rising disposable income of consumers and shift in eating habits are the major driver for the growth of Australia fruit juice industry. Australia fruit juice market segmentation has been done on the basis of concentration type, flavour type, packaging type, trade, and distribution channel.
Based on packaging type, tetra packaging accounted for the largest market share of 47.1% in 2017. Tetra packaging provides greater shelf life to the juices and the material used to manufacture tetra packs provides sustainability over the use of other packaging types. Australia Fruit juice market is dominated by New South Wales (NSW) accounted for 34.4% market share in 2017, followed by Victoria region accounted for 32.7% market share in 2017 of total Australia fruit juice market.
Moreover, the global consumption of fruit juice accounts for 38.9 billion litres, in 2015. The global fruit juice market is accounted for USD 82.4 billion in 2015 and expected to expand at compound annual growth rate(CAGR) of 3.4% over the forecast period. Further, the market is anticipated to reach USD 110.2 billion by the end of 2024.
Market Segmentation of Australia Fruit Juice Industry
By Concentration Type
• Concentrated
• Non-Concentrated
By Flavor Type
• Orange
• Apple
• Pineapple
• Guava
• Litchi
• Pomegranate
• Others (Mix Juice, etc.)
By Packaging Type
• PET/Plastic
• Metal can
• Tetra packs
• Glass
• Other (Dispense etc.)
By Trade
• On-Trade
• Off-Trade
By Distribution Channel
• Online
• Offline
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Key Players in Australia Fruit Juice Industry
The Daily Drinks Co, Coca-Cola South Pacific, Del Monte, Kraft Heinz, Grove Fruit Juice Pty Ltd, Nippy’s Fruit Juices Pty Ltd, Lion Co, and Citrus Australia, etc.
Scope of Fruit Juice Market In Australia
The Australia Fruit Juice Market Report encompasses the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities and investments. The comprehensive analysis of the market report helps the clients to assess their business strategies as per the competitive environment in the market space.
Further, Australia Fruit Juice Market Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Fruit Juice Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The market research report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
About Goldstein Research
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