The Cold Pressed Juice Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Cold Pressed Juice Global Market Report 2024, The cold pressed juice market size has grown strongly in recent years. It will grow from $4.09 billion in 2023 to $4.48 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to rising health consciousness, detox and cleanse trends, natural and fresh image, celebrity endorsements, urbanization and busy lifestyles, retail availability.
The cold pressed juice market size is expected to see strong growth in the next few years. It will grow to $6.3 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to expansion of distribution channels, sustainability practices, functional ingredients and superfoods, rise of diy cold pressing, health and wellness retreats. Major trends in the forecast period include innovations in flavor combinations, innovations in packaging, adaptogens and wellness boosters, zero-waste initiatives, collaborations with health and fitness brands, digital marketing and social media engagement.
The rising prevalence of obesity is expected to propel the growth of the cold pressed juice market going forward. Cold pressed juice is an effective way to lose weight and prevent obesity because it is made without added sugars or artificial ingredients, which can help reduce caloric intake, and it is high in antioxidants, which can help reduce inflammation and oxidative stress, which can aid in weight loss and prevent obesity. For instance, in July 2022, the Office for Health Improvement and Disparities, a UK-based agency for the British Department of Health and Social Care, statistics from the Active Lives Adult Survey showed that 25.3% of individuals aged 18 and above were obese from November 2020 to November 2021. Additionally, in January 2023, according to a survey report published by the UK Parliament, a UK-based legislative body, 25.9% of people in England were obese, with another 37.9% being overweight but not obese. It was also discovered that men are more likely to be overweight or obese than women (68.6% of men, 59.0% of women) respectively. Therefore, the rising prevalence of obesity will drive the cold pressed juice market.
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The cold pressed juice market covered in this report is segmented –
1) By Type: Fruit, Vegetables, Blends
2) By Packaging Material: Glass, Plastic, Other Packaging Materials
3) By Nature: Conventional, Organic
4) By Distribution Channels: Supermarkets Or Hypermarkets, Convenience Stores, Specialty Outlet, Grocery Stores, Online Retailing
Product innovations are a key trend gaining popularity in the cold pressed juice market. Companies operating in the cold pressed juice market are developing new products to sustain their position in the market. For Instance, in February 2023, Clean Juice, a US-based restaurant franchise that provides organic smoothies and juices, introduced Blue cold-pressed Juice with blue spirulina and new organic cashew milk, the first and sole USDA-certified organic juice and food restaurant business. Both products are made through high-pressure cold press processing. The blue pineapple-lemon mix is refreshing and contains blue spirulina, a powerful superfood alga that provides antioxidants and detoxifying value, and the organic Cashew Milk is low in sugar, rich in heart-healthy fats and proteins, and a good source of copper and magnesium.
The cold pressed juice market report table of contents includes:
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