Frozen Fruit & Juice Production
The Frozen Fruit and Juice Production industry has expanded over the past five years despite considerable restructuring of its key product segments. This industry consists of two distinct product groups: frozen juice concentrates and frozen berries and other fruits. These two segments have experienced significantly different growth trajectories over the past five years. The frozen fruit segment has benefited from rising health consciousness, new product development and expanding shelf space in freezer aisles. In contrast, the frozen juice concentrates segment has contended with an overall decline in per capita juice consumption, unfavorable shifts in consumer tastes and rising external competition from fresh and shelf-stable juice producers. Thus, industry revenue is expected to fall over the five years to 2018. Over the five years to 2023, the industry is forecast to grow very slowly, with strong demand for frozen fruit varieties partially offset by continued weakness in the frozen juice segment.
This industry produces frozen fruit and frozen juices. Industry goods comprise frozen fruit products including frozen berries and frozen concentrated juices. This industry excludes fresh fruit and other frozen products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook