Juices - Benelux

The Juices market in Benelux has been experiencing significant growth in recent years. Customer preferences for healthier beverage options and the increasing popularity of natural and organic products have contributed to this trend. Additionally, local special circumstances and underlying macroeconomic factors have also played a role in shaping the market. Customer preferences in the Benelux region have shifted towards healthier beverage options, with many consumers opting for juices as a nutritious alternative to sugary drinks. This change in preferences can be attributed to a growing awareness of the importance of a healthy lifestyle and the negative effects of consuming excessive amounts of sugar. As a result, there has been a rise in demand for juices that are low in sugar and made from natural ingredients. Trends in the Juices market in Benelux reflect the global shift towards natural and organic products. Consumers are increasingly seeking out juices that are made from fresh fruits and vegetables, without any artificial additives or preservatives. This trend is driven by a desire for more natural and sustainable products, as well as concerns about the potential health risks associated with consuming artificial ingredients. Local special circumstances in the Benelux region have also contributed to the growth of the Juices market. The region is known for its high-quality agricultural produce, including a wide variety of fruits and vegetables. This abundance of fresh ingredients has allowed local juice manufacturers to produce a diverse range of flavors and blends, catering to the preferences of different consumers. Underlying macroeconomic factors have also played a role in the development of the Juices market in Benelux. The region has a high disposable income per capita, which allows consumers to afford premium and higher-priced juice products. Additionally, the Benelux countries have a well-developed retail infrastructure, with a wide range of distribution channels available for juice manufacturers to reach their target customers. In conclusion, the Juices market in Benelux is growing due to changing customer preferences for healthier beverage options, the global trend towards natural and organic products, local special circumstances such as the availability of high-quality agricultural produce, and underlying macroeconomic factors such as high disposable income and a well-developed retail infrastructure. These factors have created a favorable environment for the growth of the Juices market in the region.

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.