NFC JUICE Market Size, Share and Analysis By Type (Fresh fruits, Fresh vegetables, Blends) , By Applications (Non-alcoholic, Alcoholic, Bakery & Confectionery, Dairy & Frozen Desserts)and Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
The global NFC Juice market is being fueled by the growing demand for convenience beverages and foods, and natural plant-based ingredients across the globe. NFC Juices or Not from Concentrate juice are primarily derived from natural fruits and vegetable juice extraction, and comprises no artificial chemicals or additives. Not from concentrate juices are available in various flavors such as lemon, apple, and orange; and thus, it has witnessed a higher acceptability rate in the entire world. These juices are 100% fruit juices and are preferred over concentrated ones due to their high nutritional and sensory qualities. As a result, consumers switch to natural and healthy products, which drives its market rate.
NFC juices are an alternative to fresh fruits as they impart essential nutrients when consumed in right amount. It contains beneficial compounds such as flavonoids, carotenoids, phytochemicals, vitamins & minerals. NFC juices also provide various health benefits by easing the digestive conditions and improving immune health. However, the growth of the NFC juice market is restrained due to shorter shelf-life and price sensitivity as compared to the concentrated juice and difficulty in vegetable and fruit supply chains. Thus, increased awareness of health issues and the adoption of clean label products within the region will aid the global NFC juice market in the forthcoming period.
Impact of COVID-19 on NFC Juice Market
The COVID-19 pandemic infection has created a global crisis due to the rapid spread of infection and lockdown implementation, which has affected the global NFC juice market in several ways. Factors such as insufficient resources, staff capacity, and mode of transportation were the crucial reasons for hindering the food supply chain in the entire world. Therefore, such instances have reduced product availability, thus affecting the overall human health.
Key Insights
The report will cover the following key insights:
- Overview of parent/related market
- Drivers, restraints, and opportunities
- Key Trends and Innovations
- Regulatory Analysis
- Impact of COVID-19 on the NFC Juices Market Industry
Analysis by Applications
Based on the applications, the market is segregated into non-alcoholic beverages, alcoholic beverages, bakery & confectionery, and dairy & frozen desserts. The rising demand for low-calorie and real fruit drinks is foreseen to drive the NFC juices market growth rate across the globe. NFC juice is widely used in the food and beverage industries, such as baked goods (cakes, pastries, and rolls), fruit-flavored alcoholic and non-alcoholic beverages, and sorbets and frozen yogurt, contributing to the accelerated revenue of the market.
Regional Analysis
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Europe held the largest market revenue in the global NFC juices market. Several factors, such as the rise in the demand for flavored alcoholic beverages and ready-to-eat products, have been responsible for the growing popularity of the NFC juices in the European region. Asia Pacific is also expected to witness a stable growth due to the rise in demand for organic and natural quality beverages in the upcoming years.
Key Players
This report includes the profile of key players such as CitroGlobe Srl (Italy), Dohler (Germany), Ariza BV (Netherlands), Kerr Concentrates (U.S.), Austria Juice (Austria), Sokpol (Poland), VOG Products (Italy), Citromil (Spain), Uren Food Ingredients (U.K.), Baor Products (Spain), and SVZ International B.V. (Netherlands).
Segmentation
By Type | By Applications | By Geography |
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Key Industrial Developments
- April 2021, Bevolution Beverage Company, based in Chicago, has launched the Not From Concentrate Juices (NFC) in three flavors such as lemon NFC, Lime NFC and Pomelo NFC.
- October 2020, Citrusco, one of the world’s leading orange derivatives manufacturers, with FCOJ, has launched the orange NFCs from Brazil.
- Ongoing
- 2023
- 2019-2022
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