Cold Pressed Juice Market

Product Overview

Cold Pressed Juice Market size was USD 1.37 billion in 2021 and projected to grow from USD 1.6 billion in 2023 to USD 2.9 billion by 2032, exhibiting a CAGR of 7.2% during the forecast period.

Cold Pressed Juices are prepared using hydraulic press for the extraction of juice from vegetables and fruit, contrasting to other techniques like single or centrifugal auger. Hydraulic press uses abundant pressure pounds to extract the maximal quantity of liquid from fresh vegetables and fruits. Since no extra oxygen or heat are utilized, no nutrients are destroyed by the heat of conventional pasteurization.

Market Highlights

Cold Pressed Juice Market is expected to project a CAGR of 7.2% during the forecast period, 2022-2032

Cold Pressed Juice Market is expected to reach USD 2.9 billion, growing at a CAGR of 7.2% during the forecast period owing to the growing cases of obesity, increasing proficiencies in research and development, and rising awareness among consumers regarding benefits of cold pressed juices are expected to drive the global Cold Pressed Juice Market during the forecast period. Moreover, rise in public-private funding for targeted research initiatives, a change in consumer lifestyles, and increasing prevalence of diabetes are expected to boost the growth of Cold Pressed Juice Market in the forecast period.

Cold Pressed Juice Market Segmentation

Blends segment is expected to dominate in the forecast period

Cold Pressed Juice Market is classified based on the Product Type into Vegetable, Fruits, and Blends. The Blends category will lead the market in the coming years. Blends are prepared using a variety of vegetables and fruits. By combining these components, consumers can enjoy a variety of health benefits from one drink without having to buy additional items separately. In addition, blends juices containing leafier vegetables than fruit juices give consumers better access to nutrition. These factors are considerably stimulating the segment growth.

Supermarkets/Hypermarkets segment is expected to dominate in the forecast period

Cold Pressed Juice Market is classified based on the Distribution Channel into Supermarkets/Hypermarkets, Convenience Stores, Online Stores, and Others. The Supermarkets/Hypermarkets category registered maximum market share in 2021. Supermarkets and hypermarkets witness majority consumers shopping due to the extensive selection of goods offered in stores. The stock displayed in the stores is aesthetically pleasing, which encourages new customers to buy the different products. Also, stores designate specific spaces for these juice goods to encourage consumers to eat healthily.

Market Dynamics                                                  

Growth Drivers

Use of Improved Processing Technique and Growing preference for Healthy Drinks are Expected to Boost the Market Growth

As compared to the centrifugal juicer, the cold processed juices are obtained through the application of high pressure processing technology on fruits and vegetables. This technique ensures that juices comprise 100% real juice and the vitamins and minerals are not destroyed during the production process. Therefore, it is ideal for individuals preferring nutritious blends and fruit juices. The consumption of 100% fruit juice also helps prevent chronic health diseases like diabetes and promotes healthy life. This is a key driving factor for the Cold Pressed Juice Market.

Convenient Packaging of Cold Pressed Juices is Expected to Boost the Market Growth

Consumers enjoy a healthy routine with the better packaging options for beverages without spending more time in preparing. Consumers in developing nations of Asia Pacific are continuously looking for wholesome and delicious juice products due to rapid urbanization and increasing employment in these countries. These juices are packed in glass and PET bottles so that consumers can transport them easily, which is why the younger generation's desire for them is rising quickly.

Restraint

High Priced Cold Pressed Products and Limited Shelf-Life May Restrain the Market Growth

Some consumers are unable to buy cold-pressed juice goods due to their high price. Moreover, since cold-pressed juice products have a short shelf life, there may not be as much of a supply in some areas, which lessens its accessibility. Consumers' lack of knowledge about cold-pressed juice goods also make it difficult for businesses to increase sales in the Cold Pressed Juice Market.

Recent Developments

• U.S.-based Puregreen stated in February 2022, that it will be introducing new cold-pressed juice products all throughout the nation. The key items are Pink Grape Juice (Cold Pressed) and The Foodgod Tonic, which enhance gut health and boost immunity.
• The 100% organic cold-pressed juice, "Wonder Lemon" is sold under the new brand by Kayco Beyond, introduced in March 2022.

Cold Pressed Juice Market

Key Players Covered:

• 7-ELEVEN Inc.
• The Hain Celestial Group Inc.
• La Presserie
• Suja Juice
• Pressed Juicery
• Juice Generation
• Evolution Fresh Inc.
• Greenhouse Juice Co.
• Pure Green
• Village Juicery
• Pulp & Press Juice Co.
• Juice Served Here
• Mama Juice
• Juice Society Juicery
• Stoke Cold Pressed Juicery
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Cold Pressed Juice Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America dominates the Cold Pressed Juice Market due to a major population’s heightened health concern. Interest of consumers in cold-pressed juice is being driven by a number of factors, including the growing number of people who skip breakfast and are seeking out a portable alternative that provides them with nourishment. Asia Pacific is the fastest-flourishing region for cold pressed juice industry. Consumers are able to spend more on high-end and nutritious food items owing to the surge in disposable income brought on by China’s and India's economic development.

Impact of Covid-19 on Cold Pressed Juice Market

COVID-19 had a minor impact on the cold-pressed juice market due to increased health consciousness among people in the pandemic era. People began to pay attention to their purchasing habits and formed the habits of exercising and putting a priority on their physical well-being. Individuals found a lot of inspiration and encouragement from social media medical networks and online videos. However, the distribution and shipping of weight management devices witnessed difficulties due to supply chain disruptions. Also, limitations placed on transport added to the challenges.

Cold Pressed Juice Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Cold Pressed Juice Market Scope and Segments:

Frequently Asked Questions (FAQ):