The global lemon juice concentrate market is projected to reach a valuation of USD 12.5 billion by 2023, with an expected compound annual growth rate (CAGR) of 4.4% from 2023 to 2033.
Lemon juice concentrate is produced by removing water from lemon juice, resulting in a thicker, more viscous product that is more sour than freshly squeezed juice. This concentrate retains essential vitamins such as A and C, along with minerals like calcium, potassium, and sodium, and trace amounts of other nutrients including vitamin E, zinc, and iron. To preserve its nutritional benefits, concentrated lemon juice is stored at very low temperatures.
It is used in a variety of products, including squash, jams, juices, jellies, beverages, snacks, and baking and confectionery items. The health benefits of concentrated lemon juice are numerous; it can help treat urinary tract infections, aid in weight loss, improve digestion, lower blood pressure, purify the blood, brighten the skin, and detoxify the body.
Consumers are increasingly seeking convenient and nutrient-rich foods and beverages due to their hectic lifestyles and heightened health awareness. This trend is likely to drive significant growth in the lemon juice concentrate market. The essential vitamins and minerals in lemon juice concentrate contribute to overall nutrition, further enhancing its market potential. As a result, the demand for lemon juice concentrate is expected to see substantial expansion.
The global demand for lemon juice concentrates is on the rise, with summer being the peak season for the industry due to the high consumption of lime juice for refreshment. To enhance consumer experience, manufacturers are introducing new flavors to lemon juice concentrates. Additionally, lemon-flavored alcoholic beverages are currently trending, leading to a significant increase in the use of lemon juice concentrates in the alcohol sector. This growing trend is expected to further accelerate the expansion of the lemon juice concentrate market.
Competitive Landscape
The lemon juice extract market is relatively concentrated, with key players focusing on growth strategies such as mergers and acquisitions, as well as expanding their distribution networks to strengthen their market presence. Manufacturers employ various competitive tactics, including launching new products, promoting free-from claims, and emphasizing organic and natural origins.
Key Companies Profiled
Dabur
Lemon Concentrate S.L.
SAF GROUP
Cardak Concentrate Fruit Juice
Yunnan Hongrui Lemon Development Co. Ltd.
GTIF GROUP SA
Kiril Mischeff group
CitroGlobe Srl
Asia Farm F&B Pte Ltd.
DOHLER.
Get Strategic Guidance from Our Analyst Contact us on: +1-347-918-3531
Lemon Juice Concentrate Market by Category
By Form:
- Liquid
- Powder
By Nature:
- Organic
- Conventional
By End Use:
- Food Industry
- Baby Foods
- Confectioneries
- Bakery Products
- Beverages
- Others (e.g. Nutraceuticals, etc.)
By Distribution Channel:
- Online Retail
- Supermarkets
- Others (e.g. specialty stores, etc.)
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube