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Frozen Fruit & Juice Production in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 01, 2024
Length 73 Pages
SKU # IBSS19342779

Description

Frozen Fruit & Juice Production in the US - Industry Market Research Report


Frozen Fruit & Juice Production in the US

The Frozen Fruit and Juice Production industry has grown over the last few years, despite 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 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. The rapidly growing popularity of ready-to-blend smoothie kits has helped drive demand for frozen berries and tropical fruit varieties from the household market. In contrast, the frozen juice concentrates segment has contended with an overall decline in per capita juice consumption and rising external competition from fresh juice producers. Over the past five years, industry revenue has been increasing at a CAGR of 4.4%, and is expected to reach $4.5 billion in 2023. While the COVID-19 pandemic has resulted in significant disruptions in industry trends, industry revenue has continued to rise, with a growth of 8.4% anticipated in 2023.

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."

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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