Market Overview
Cold-pressed juice is ready to drink juice which is made from the pressure technology that helps in removing the juice from the leafy food. The interaction will not include the turning and edges at all. But it would use the high strain for expanding the period of the juice to ensure that it keeps going long as compared to the standard juice. It can be stored properly for five days and you don’t even have to purify it at all. This type of juice is created from leafy food and does not have synthetic compounds at all. The quality food item is considered to be the fundamental part which is well assessed to expand the fame in the given forecast period. It can save the supplements of the soil products such as minerals and chemicals which are present in the juice already. The cold-pressed juice consists of regular antioxidants, minerals and living proteins and minerals which are important for overall wellbeing.
As per the estimation, the North America cold-pressed juice market is showing good growth with a CAGR of 7.45% at the USD 2.80 Bn during the forecast timespan which would be from 2020 to 2027. The growth seems to be consistent and good considering the technological advancement and customers' needs.
Amplified level of investment in the North America cold pressed juice market by several FB brands is expected to motivate market expansion. The increased level of awareness related to the health benefits of cold pressed juices is expected to enhance market development further. Also, the development of the product range in the cold pressed juice market in terms of flavours is projected to stimulate the market in the upcoming period.
North America Market for Cold-pressed juices – Competitive Dashboard
Some of the North America Cold Pressed Juices key market players profiled in the report include PepsiCo Inc. (U.S.), Hain Celestial Group, Inc. (U.S.), Suja Life, LLC (U.S.), Evolution Fresh (U.S.), Pressed Juicery, Inc. (U.S.), Juice Generation Inc. (U.S.), Liquiteria Inc. (U.S.), Florida bottling Trading (U.S.), Bolthouse Farms Canada Inc (Canada), and The Odwalla, Inc. (U.S.).
Segmental Analysis
The segmental analysis of the North America cold-pressed juice market report has been conducted on the basis of category, region, type, and distribution channel. On the basis of type, the North American cold-pressed juice market has been segmented into vegetables, fruits, and blends. Based on the category, the North American cold pressed juice market has been segmented into organic and conventional. On the basis of the channel of distribution, the North American cold-pressed juice market has been segmented into non-store-based and store-based. The store-based segment was the biggest segment in 2017. The segment is anticipated to develop at a CAGR of 10.93% and continue to be the largest segment in the forecast period. Based on the region, the cold pressed juices market has been segmented into North America, Europe, APAC, and the Rest of the World.
Regional Classification
The North American cold-pressed juice market is divided into three countries based on geography: the US, Canada, and Mexico.
The U.S. now has the highest market share among these nations and will probably keep dominating for some time. This is because consumers' hectic lifestyles are getting busier, which is driving up demand for convenience foods and drinks. Over the past few years, the market's growth has been greatly boosted by the demand for organic juice in the U.S. market.
The North America cold-pressed juice market trends in Canada are expected to grow rapidly because local market participants are always looking for ways to outdo rivals on the competitive landscape.
Due to rising customer demand, Mexico's market for North American cold-pressed juices is expected to expand at an incredible rate.
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