Juices - Seychelles | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Juices market amounts to US$873.60k in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$205.60k in 2024.
Revenue, combined amounts to US$1.08m in 2024.
The revenue, at home is expected to grow annually by 3.98% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated United States (US$14bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$8.07 are generated in 2024.
In the Juices market, volume, at home is expected to amount to 689.10k L by 2024.
Volume, out-of-home is expected to amount to 12.80k L in 2024.
Volume, combined is expected to amount to 701.90k L in 2024.
The Juices market is expected to show a volume growth, at home of 1.4% in 2025.0.
The average volume per person, at home in the Juices market is expected to amount to 6.37L in 2024.

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:

Orange Juice
Apple Juice
Grapefruit Juice
Pineapple Juice
Grape Juice
Other Juice, Juice Mixtures & Smoothies

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.

Fruit Juices (containing 100% fruit juice content)
Vegetable juices (containing 100% vegetable juice content)
Fruit juice mixtures and smoothies (100% fruit juice content)

Syrups and nectars (<100% Fruit content; see Soft Drinks segment)
Soft drinks with fruit juice content (see Soft Drinks segment)

The Juices market in Seychelles is experiencing significant growth and development. Customer preferences in the Juices market in Seychelles are shifting towards healthier and more natural options. Consumers are increasingly seeking out juices that are made from fresh fruits and vegetables, with no added sugars or artificial ingredients. This trend is in line with global consumer preferences for healthier beverages, as people become more conscious of their health and wellness. Trends in the Juices market in Seychelles indicate a growing demand for organic and locally sourced products. Consumers are becoming more aware of the environmental impact of their food choices and are looking for options that are produced sustainably and support local farmers. This trend is also driven by a desire for higher quality and more authentic products, as consumers value the taste and nutritional benefits of fresh, locally grown produce. Local special circumstances in Seychelles contribute to the development of the Juices market. The country's tropical climate and rich biodiversity make it an ideal location for fruit cultivation. This abundance of fresh fruits and vegetables allows for the production of a wide variety of juices, ranging from traditional flavors to more unique and exotic blends. Additionally, Seychelles' strong tourism industry plays a role in the growth of the Juices market, as visitors to the country are often looking to try local products and experience the flavors of the region. Underlying macroeconomic factors also contribute to the development of the Juices market in Seychelles. The country's growing middle class and increasing disposable income levels allow consumers to spend more on premium and healthier products, including juices. Additionally, the government's focus on promoting sustainable agriculture and supporting local farmers provides a favorable environment for the growth of the Juices market. In conclusion, the Juices market in Seychelles is experiencing growth and development driven by shifting customer preferences towards healthier and more natural options, a demand for organic and locally sourced products, local special circumstances such as the country's tropical climate and rich biodiversity, and underlying macroeconomic factors such as a growing middle class and government support for sustainable agriculture.

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.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.