Global Citrus Juice Finisher Market 2017-2021
About Citrus Juice Finisher
A citrus juice finisher is a machine that filters juice from the pulp after an extraction process and the generated waste is discharged through an outlet. The objective of the machine is to further refine the juice that has been extracted in either a liquid or a semi-liquid state. The machine is specifically designed for processing citrus juice and is also used for the purpose of oil finishing, recovery of soluble solids, and other applications. The growth of the global citrus juice finisher market will be mainly driven by the expansion of the existing production capacity or opening of new citrus juice manufacturing plants by end-users. Features of citrus juice finishers such as low equipment downtime, improved sanitation, and use of advanced control systems will also drive the market growth. All these features will lead to higher productivity. The increase in the demand for citrus juice is another factor that will contribute toward the market growth.
Technavio’s analysts forecast the global citrus juice finisher market to grow at a CAGR of 2.58% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global citrus juice finisher market for 2017-2021. To calculate the market size, the report considers the sales of new units of citrus juice finishers to end-users.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Citrus Juice Finisher Market 2017-2021
Technavio recognizes the following companies as the key players in the global citrus juice finisher market: Brown International Corporation, JBT FoodTech, Fratelli Indelicato, and Zumex Food Engineering
Other Prominent Vendors in the market are: Bertuzzi Food Processing, Jiangsu Kaiyi Intelligent Technology, Jiangsu Kewei Machinery, LUZZYSA, Shiva Engineers, Speciale F. & C., and Yangzhou Flourish Fruit and Vegetable Juice Machines.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Influx of citrus juice finisher with improved features. Manufacturers of citrus juice finishers are introducing new features into the machines to tackle the need of juice manufacturers and gain market share. Each vendor provides different sets of features in their machines. For instance, JBT FoodTech models have a feature called the Automatic Spray Ring (ASR). The system automates the process of screen cleaning without the need of human efforts. This ensures consistency in juice quality and productivity.”
According to the report, one of the major drivers for this market is Increase in health awareness and adoption of healthy lifestyle. Globally, people are increasingly adopting healthy lifestyle along with healthy diet. It can be attributed to an increase in the life expectancy rate. According to the World Bank, in 2015, the life expectancy at birth, total (years) in the world, was 71.66 years in comparison with 70.47 years in 2010. Citrus juice is one of the components of healthy diets. In a scenario, where people have limited time due to busy schedules, packaged citrus juice saves time and provides essential nutrients to the human body.
Further, the report states that one of the major factors hindering the growth of this market is Surge in input prices and cost of R&D. Stainless steel is one important commodity that is used in the manufacturing of citrus juice finishers. Oil is another commodity, which is used in the transportation of machines to the operators. The risk of an increase in these commodities prices exists due to high inflation rates in many countries. For instance, Brazil, Colombia, and Russia are few countries, which had inflation rates of more than 7% in 2016.
Brown International Corporation, JBT FoodTech, Fratelli Indelicato, Zumex Food Engineering, Bertuzzi Food Processing, Jiangsu Kaiyi Intelligent Technology, Jiangsu Kewei Machinery, LUZZYSA, Shiva Engineers, Speciale F. & C., and Yangzhou Flourish Fruit and Vegetable Juice Machines.