Packaged Juice Market Size [2022-2028] To Reach USD 20 Billion at a CAGR of 3.6% | Industry Trends, Share, And Growth Analysis | Vantage Market Research

2022-05-28 12:52:35 By : Ms. Alice Meng

WASHINGTON, May 24, 2022 (GLOBE NEWSWIRE) -- In recent years, the increasing use of organic semiconductors (OSC’s) owing to a number of appealing characteristics such as light weight, low cost of production, low-temperature processing, mechanical flexibility, and ample availability are driving the Packaged Juice Market. Moreover, organic semiconductors are used abundantly in the healthcare industry as they are approved by health organisations. For instance, organic semiconductors are biocompatible. These are some of the factors for organic semiconductors that are gaining huge importance in the global market, states Vantage Market Research, in a report, titled “Packaged Juice Market Size, Share & Trends Analysis Report by Source (Fruit Juice, Vegetable Juice), by Pressing Method (Hydraulic Press (Cold Pressed Juice), Centrifugal (Normal Juice), by Content (Sugar, Sugar-free, With Pulp, Without Pulp), by Product Type (Normal, Sparkling), by Packaging Method (Glass Bottle, Cans, Tetra Pak), by Distribution Channel (Online, Offline, Hypermarkets, Convenience Stores), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”.

The Global Market size stood at USD 16.2 Billion in the year 2021. The Global Packaged Juice Market size is expected to reach USD 20 Billion by the year 2028 and is forecasted to grow exhibiting a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period.

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Driver: Increasing Use of Semiconductors in Healthcare Industry

The semiconductor industry is in a rapid surge of development. The novel materials innovated, increase in the bioelectronics sector, healthcare electronics, and others are responsible for the growth of the Packaged Juice Market. From 2015 to 2020, the semiconductor industry ranked 5 out of 59 major manufacturing industries. The use of organic semiconsuctors in developing artificial organs such as pacemakers, robotic limbs, hands, and other organs are further adding to the spotlight on the development of organic semiconductors used in the healthcare industry.

Recently, organic semiconductors have been used in treating skin cancer patients. In 2020, an international research team succeeded in manufacturing a polymeric film for the world’s first flexible organic transistor that is robust enough under a high temperature medical sterilization process. Hence, these are some of the major factors, anticipated to drive the market growth over the forecast period.

Key Insights & Findings from the Report:

According to our primary respondents’ research, the Packaged Juice market is predicted to grow at a CAGR of roughly 3.6% during the forecast period.

The Packaged Juice market was estimated to be worth roughly USD 16.2 Billion in 2021 and is expected to reach USD 20 Billion by 2028; based on primary research.

On the basis of region, Asia Pacific projected to dominate the worldwide Packaged Juice market.

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Segmentation of the Global Packaged Juice Market:

Hydraulic Press (Cold Pressed Juice)

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Restrain: Lack of Technical Professionals and Incompetency in Technical Know-How Hampers growth

The major drawbacks of organic semiconductors are the lack of technical professionals and lower technical knowledge. Major companies are focusing on developing the electronic semiconductor business, as the majority of the products are used in the electronic semiconductor domain. Thus, it’s a challenging task for key players to invest heavily in this field. Organic semiconductors are recently gaining thrust owing to increasing benefits offered in the manufacturing industry. Thus, anticipated to hamper the market growth over the forecast period.

The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the healthcare industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020.

Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:

Impact Assessment of COVID-19 Pandemic

Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021

Key Strategies Undertaken by Companies to Tackle COVID-19

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The report on Packaged Juice Market highlights:

Historic Data, Estimates and Forecast

North America Dominates the Global Packaged Juice Market

North America held the largest market share in 2021. Most of the manufacturers are based in Asia Pacific. Increasing exposure and ease of availability of organic semiconductors have created a strong market in this region. This region is witnessing a high rise in R&D owing to the presence of the largest manufacturers.

Countries such as South Korea, Taiwan, and China being the leading semiconductor manufacturers and having the largest consumer electronics markets, the Asia-Pacific region is expected to hold the largest organic semiconductor market share in the coming years, followed by North America. Europe, on the other hand, is projected to expand at a considerable pace over the next several years.

List of Prominent Players in Packaged Juice Market:

Browse market data Tables and Figures spread through 143 Pages and in-depth TOC on "Packaged Juice Market Size, Share & Trends Analysis Report by Source (Fruit Juice, Vegetable Juice), by Pressing Method (Hydraulic Press (Cold Pressed Juice), Centrifugal (Normal Juice)), by Content (Sugar, Sugar-free, With Pulp, Without Pulp), by Product Type (Normal, Sparkling), by Packaging Method (Glass Bottle, Cans, Tetra Pak), by Distribution Channel (Online, Offline, Hypermarkets, Convenience Stores), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)"  View detailed Research Report here - https://www.vantagemarketresearch.com/press-release/packaged-juice-market-667456

In December 2019, Slightly bending semiconductors made of organic materials can roughly double the speed of electricity flowing through them and could benefit next-generation electronics such as sensors and solar cells, according to Rutgers-led research.

Key questions answered in the report:

Which regional market will show the highest and rapid growth?

Which are the top five players of the Packaged Juice Market?

How will the Packaged Juice Market change in the upcoming six years?

Which application and product will take a lion’s share of the Packaged Juice Market?

What is the Packaged Juice market drivers and restrictions?

What will be the CAGR and size of the Packaged Juice Market throughout the forecast period?

This market titled “Packaged Juice Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:

Market Size Provided for Years

• Source     • Fruit Juice     • Vegetable Juice • Pressing Method     • Hydraulic Press (Cold Pressed Juice)     • Centrifugal (Normal Juice) • Content     • Sugar     • Sugar-Free     • With Pulp     • Without Pulp • Product Type     • Normal     • Sparkling • Packaging Method     • Glass Bottle     • Cans     • Tetra Pak • Distribution Channel     • Online     • Offline     • Hypermarkets     • Convenience Stores     • Others • Region     • North America     • Europe     • Asia Pacific     • Latin America     • Middle East & Africa

• North America     • U.S.     • Canada     • Mexico • Europe     • U.K     • France     • Germany     • Italy     • Spain     • Rest Of Europe • Asia Pacific     • China     • Japan     • India     • South Korea     • South East Asia     • Rest Of Asia Pacific • Latin America     • Brazil     • Argentina     • Rest Of Latin America • Middle East & Africa     • GCC Countries     • South Africa     • Rest Of Middle East & Africa

• Tropicana Products Inc. • Dabur India Limited • Sunkist Growers Inc • ITC B Natural • The Coca-Cola Company • Izze • Snapple Beverage Corp • Rakyan Beverages • Dole Packaged Foods LLC • Hector Beverages Private Limited

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

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