Market Outlook for Lemon Juice Concentrate:
Lemon juice concentrate is obtained by the extraction of the juice from lemons, following which the juice is further heated for some time to remove water, thus resulting in the formation of lemon juice concentrate. Lemon juice concentrate has several applications in the food and beverage industry. Lemon juice concentrate is used while preparing squashes, jams, juices, jellies, etc. Lemon juice concentrate is stored at very low temperature to preserve its nutritive value for a long duration.
The demand for lemon juice concentrate in the beverage processing industry
Busy lifestyle and increase in awareness about the maintenance of health among consumers are some of the factors that are likely to drive the lemon juice concentrate market. Due to a busy lifestyle, consumers prefer to use food products that are highly nutritive and easy to consume, which has given rise to the trend of consuming juices. Moreover, food and beverage companies are developing a variety of flavours of juices and are looking for safe and nutritive food ingredients that can help enhance the quality of products. Lemon juice concentrate is easy to use, contains minerals, vitamins, etc., and provides a softer taste than lemon powder, due to which it can be used by the manufacturers of food and beverages, which is likely to boost the lemon juice concentrate market.
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Lemon juice concentrate is also available in powder form, owing to which it is easy to handle, store and transport. Some of the major concerns of the food and beverage industry are the quality of products, which is likely to change in case of alterations food ingredients. Hence, players in the food & beverage industry prefer to use food ingredients that have a long shelf-life, due to which lemon juice concentrate is in high demand in this industry.
The production of lemon juice concentrate depends upon the quality and availability of lemons, which is likely to get affected by changes in the weather, and this is likely to act as a major factor restraining the growth of the lemon juice concentrate market. For instance, in 2014, Argentina’s lemon harvest was badly affected due to frost, which affected the production of lemon juice concentrate in the country.
Global Lemon Juice Concentrate: Key Players
Some of the key players in the lemon juice concentrate market are Kiril Mischeff, Döhler, Cobell, CitroGlobe, Lemon Concentrate, SunOpta, Asia Farm F&B Pte Ltd., Prodalim Group and Vinayak Ingredients India Pvt. Ltd. Lemon juice concentrate is incorporated by The Coca-Cola Company in products such as Minute Maid Nimbu Fresh, etc. The company also prepares lemon juice from lemon juice concentrate, which is further incorporated its products, which include Lemonade, Pink Lemonade, Cherry Lemonade, Strawberry Lemonade, etc.
Global Lemon Juice Concentrate: Key Developments
In 2018, Red Bull launched a new line of drinks that have natural and complex flavours. The Ginger Ale drink contains ingredients from natural sources such as organic lemon juice concentrate.
Numerous companies are focusing on developing efficient extraction technology to enhance the nutritive value and the shelf life of lemon juice concentrate.
Opportunities for Lemon Juice Concentrate Participants:
As consumers are focusing on using food products that have nutritive, organic and non-GMO food ingredients, the usage of lemon juice concentrate is likely to increase in the food and beverages industry as it fulfils the consumer requirements, which is likely to boost the lemon juice concentrate market.
Argentina is a leading producer of lemon juice concentrate and has been exporting this product to the U.S., the Netherlands, Japan, and several other countries. Thus, the manufacturers of food ingredients have opportunities to establish their presence in the U.S., Japan, the Netherlands, etc.
Brief Approach to Research
The analysis is performed using a modelling-based approach and triangulation methodology to estimate the data covered in this report. A detailed understanding and assessment of the lemon juice concentrate market in terms of flavour, application and encapsulation process of the segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated & synthesised at the global level to estimate the overall size of the lemon juice concentrate market.
Key Data Points Covered in the Report
Some of the key data points covered in our report include:
- An overview of the Lemon Juice Concentrate, including background and evolution
- Macroeconomic factors affecting the Lemon Juice Concentrate and its potential
- Market dynamics, such as drivers, challenges and trends
- Detailed value chain analysis of the Lemon Juice Concentrate
- Cost structure of the products and segments covered in the study
- In-depth pricing analysis, by key segments, regions and by major market participants
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario
- Analysis of the Lemon Juice Concentrate structure, including a tier-wise categorization o key market participant
- Competitive landscape of the Lemon Juice Concentrate, including detailed profiles of the top players in this market
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Lemon Juice Concentrate segments and geographies.
Global Lemon Juice Concentrate: Segmentation:
Lemon juice concentrate segmentation on the basis of the form:
- Liquid
- Powder
Lemon juice concentrate segmentation on the basis of nature:
- Organic
- Conventional
Lemon juice concentrate segmentation on the basis of the end use:
- Food industry
- Baby foods
- Confectioneries
- Bakery products
- Others
- Beverages
- Others (e.g. Nutraceuticals, etc.)
Lemon juice concentrate segmentation on the basis of the distribution channel:
- Online retail
- Supermarkets
- Others (e.g. specialty stores, etc.)
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Report Highlights:
- Detailed overview of parent market
- Changing Lemon Juice Concentrate dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Lemon Juice Concentrate performance
- Must-have information for market players to sustain and enhance their market footprint
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