Definition:
This market consists of all types of bottled fruit and vegetable juices which contain 100% fruit and/or vegetable juice. These juices can be directly pressed or from concentrate. Not included are fruit nectars or other drinks which do not have 100% fruit juice content. Fruit nectars with limited fruit content and juice-based soft drinks are not included here.
Structure:
The market consists of 6 markets:
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
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.
Key players include The Coca-Cola Company (e.g. Innocent), PepsiCo (e.g. Tropicana), Minute Maid, and Del Monte.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Apr 2024
Source: Statista Market Insights
Most recent update: May 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Juices market in CIS has been experiencing significant growth in recent years.
Customer preferences: Consumers in CIS countries have shown a growing preference for healthier beverage options, which has led to an increased demand for juices. With rising health consciousness and a desire for natural and nutritious products, consumers are turning to juices as a convenient and refreshing way to meet their daily fruit intake. Additionally, the popularity of juice detoxes and cleanses has also contributed to the growth of the market.
Trends in the market: One of the key trends in the Juices market in CIS is the increasing demand for organic and natural juices. Consumers are becoming more aware of the potential health risks associated with artificial additives and preservatives, leading them to seek out juices that are made from organic and natural ingredients. This trend is driven by a desire for healthier and more sustainable products. Another trend in the market is the growing popularity of fruit and vegetable blends. Consumers are looking for juices that offer a combination of flavors and nutritional benefits. Blends that include a mix of fruits and vegetables are particularly appealing, as they provide a wider range of nutrients and flavors. This trend is also influenced by the rising interest in plant-based diets and the desire for more diverse and unique juice options.
Local special circumstances: The Juices market in CIS is also influenced by local tastes and preferences. For example, in some CIS countries, there is a strong tradition of consuming fruit and vegetable juices as part of the daily diet. This cultural preference for juices has contributed to the growth of the market in these countries. Additionally, the availability of a wide variety of fruits and vegetables in the region also allows for a diverse range of juice flavors and options.
Underlying macroeconomic factors: The growth of the Juices market in CIS is also supported by favorable macroeconomic factors. Economic stability and increasing disposable incomes in many CIS countries have resulted in higher purchasing power among consumers. This has allowed them to spend more on premium and healthier products, including juices. The growing middle class in the region is also driving the demand for juices, as they seek out convenient and nutritious beverage options. In conclusion, the Juices market in CIS is experiencing growth due to changing customer preferences, including a preference for healthier options and a desire for more diverse flavors. The market is also influenced by local tastes and preferences, as well as favorable macroeconomic factors such as economic stability and increasing disposable incomes. With these trends and circumstances, the Juices market in CIS is expected to continue its growth trajectory in the coming years.
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.
Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights