Sparkling Juice industry The Sparkling Juice industry was 52.6 million USD in 2017 and is projected to reach 102 Million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 8.66% between 2017 and 2025. Overall, the Sparkling Juices products performance is positive with the current environment status.
Market concentration of Sparkling Juice industry is low. At present, there are many players in Sparkling Juices market. The main market players internationally are AriZona Beverages, Coca-Cola, Nestle, Knudsen & Sons, PepsiCo, S. Martinelli & Company, Ocean Spray, Campbell Soup Company, Welch's and etc. Brands like Sparkling Ice, Kristian Regale, Cawston Press, The Switch, Mayador, Shloer and White Rock Beverages are also playing important roles in Sparkling Juices industry. The competition may become more intense in the following years.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
North America is the biggest production areas for Sparkling Juices, taking about 48 % market share in 2017 (based on output volume), Europe followed the second, with about 40% market share. The Consumption market is also concentrated in North America and Europe for now, while sales of Sparkling Juices in Asia countries will see significant growth in the future.
The Global Sparkling Juices Market Research Report 2018 report released by QYResearch studies the Sparkling Juices market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Sparkling Juices market by product type and applications/end industries.
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