The US NFC lemon juice market value is expected to total US$ 297.4 Mn in 2021, according to Future Market Insights (FMI). The overall market value is expected to reach US$ 574.7 Mn, registering healthy growth at 6.8% CAGR during the forecast period (2021-2031).
Growth in the market is attributed to the surging demand for on-the-go juice sachets that complement fast-paced lifestyle. With the trend of clean label solutions and veganism making deeper inroad in the U.S., NFC lemon juice manufacturers are encouraged to introduce sustainable and 100% natural products to expand their customer base.
Juices derived from natural sources with no chemical or artificial additives are becoming increasingly popular among consumers. Hence, adoption of food & beverages products with natural food additives and sugar replacements has surged. As per the latest study by Future Market Insights (FMI), increasing health consciousness among consumers have resulted in higher consumption of nutrient-dense meals and juices, all of which are backed by a genuine brand dedication to quality, taste, and flavour.
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Consumers are demanding products free-form allergens and other unnatural forms of preservatives. Free-form ties in with clean labeling – where labels such as “free from”, “minimally processed”, “gluten free”, “organic”, and non-GMO” are the first checkpoints in a consumer purchase decision.
As consumers are increasingly driving towards vegan and organic food trend, demand for NFC lemon juice has surged.
Key Takeaways from the US NFC Lemon Juice Market Study:
- U.S NFC lemon juice market is estimated to reach US$ 297.4 Mn in the year 2021 , expanding at 6.8% CAGR over forecast period.
- Conventional segment accounted for significant share of 85.3% in U.S. NFC lemon juice market.
- Organic segment is expected to grow with a CAGR of 8.9% over the forecast period. Growth is attributed to rising preference of organic fruits and vegetables juices are over conventional ones.
- On the basis of distribution channel, B2C segment accounted for significant share of 57.9% in U.S NFC lemon juice market in 2021.
Who is winning?
Players in the US NFC lemon juice business are banking on rising demand for beauty products in the U.K. Ever-increasing demand for natural personal care products and cosmetics is likely to result in large increases in sales of lemon juice utilized in these products.
Some of the leading companies offering NFC lemon juice are LemonConcentrate S.L., Dream Foods International, LLC, Baor Products S.L., Bevolution Group, Argenti Lemon S.A, Citrus World Inc., Prodalim Group, Citrusvil S.A., Louis Dreyfus Company, Dohler GmbH, and Others.
NFC Lemon Juice Market by Category
By Nature:
- Organic
- Conventional
By Distribution Channel:
- B2B
- B2C
- Modern Grocery Retailer
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Groceries
- Whole Sales
- Others
- Online Retail
- Modern Grocery Retailer
By Application:
- Food
- Dairy and Frozen Products
- Bakery and Confectionery
- Jam, Jellies and Preserves
- Others (Fast Food, Sizzler, etc)
- Beverages
- Juice
- Soft Drinks
- Squash
- Cider
- Others (Mocktails, Syrups, etc)
- Cosmetics
- Pharmaceuticals
- Flavours
- Others (Decorative, For Artificial Ripening, etc)
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Key Questions Answered in the Report
What is the NFC lemon juice market size?
The NFC lemon juice market is forecast to reach a valuation of US$ 589.1 Mn by 2021
What is the NFC lemon juice market growth outlook?
The NFC lemon juice market is expected to register growth at a CAGR of 7.9% between 2021 and 2031.
What are the key factors driving NFC lemon juice market?
Demand for NFC lemon juice will surge in response to the increasing focus on health and wellness among consumers and rising demand for mixed flavour plant-based beverages. Growing trend of veganism also will have positive impact on growth.
What are the key trends shaping the NFC lemon juice market?
Focus on product launches, including a variety of different fruit mix flavours in NFC lemon juice, will remain a key trend enabling growth in the market.
What is the demand outlook for NFC lemon juice market in China?
According to FMI, the NFC lemon juice market will rise at 7.8% CAGR in China.
At what rate will the demand for NFC lemon juice rise in 2021?
The demand for NFC lemon juice will increase at 7.5% year on year growth rate in 2021.
What is the global market share of Argentina in NFC lemon juice market?
Argentina is expected to contribute over 7.7% of NFC lemon juice sales in 2031.
About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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