Apple is one of the oldest fruits cultivated in the world. Apple is considered to be the healthiest and the most versatile fruit. This marvelous fruit, originating from Central Asia, is extensively cultivated around the globe. China comes first in the list of the top producers of apple, while USA secures the second place. The most common types of apples are red apples, pinky lady apples, gala apples, Jonagold, golden delicious apples, Fuji apples etc. These all are equally beneficial for human health.
Apple juice is the wonderful healthiest juice to keep you away from diseases and ailments. Apple is grown across the world and equally cherish by the people due to its delicious, enriched nutrient facts and incredible health benefits.
Plum juice is able to provide you with a good boost of numerous vitamins, minerals, and nutrients. In juice form, plums can help treat a wide range of medical conditions such as macular degeneration, indigestion, diabetes, and osteoporosis, among others. Plum and plum juice is very good for the intestinal function. They promote the digestive health and regulate good digestion. Plum is a natural laxative. Plum juice is a very good remedy for the constipation. Dried plum is also used to get rid of constipation.
Peach juice has been a beloved health drink for thousands of years and remained popular because of its rich supply of antioxidants, vitamins and minerals, in addition to its sweet and refreshing taste.
Few Indian Major Players are as under:
· Parle Agro
· Mother Dairy
· Foods & Inns
· Dynamix Dairy
· Capricorn Food
Market Outlook
The fruit juice market is one of the fastest growing categories in the beverages segment growing at a CAGR of over 25- 30 per cent over the past decade. The Indian packaged juices market is valued at Rs 1,100 crore ($200 million) and is projected to grow at a CAGR of ~15 per cent over the next three years. India is known to be a fruit basket of the world and has been considered as the second largest producer of fruits after China.
The global consumption of fruit juice accounts for 38.9 billion litres, in 2015. The global fruit juice market is accounted for USD 82.4 billion in 2015 and expected to expand at compound annual growth rate of 3.4% over the forecast period. Further, the market is anticipated to reach USD 110.2 billion by the end of 2024.
The fruit juice industry has made good progress in India. The Indian market for fruit juices has reported an annual growth of 25-30%.
The Indian juice industry was pegged at US$3.5 billion in 2012 and is estimated to reach US$21.14 billion by 2018. The per capita consumption of fruit juice-based beverage is 45 litre in Germany, 42.5 litre in Switzerland and 39 litre in the US. In India, the per capita consumption is just 20 ml, which is negligible compared to other countries. Hence, there exists huge untapped potential in this segment. Shift in consumer preference towards non-carbonated fruit beverages.
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