New York City, NY, 07 November, 2019/ 24 Market Reports: Cold-pressed juices are made by pressing the juice from vegetables and fruits. These are increasingly gaining popularity all across the globe. These juices contain essential nutrients and are safe to drink for a few weeks after being packed. To inactivate pathogens, the juice is bottled and sealed and is placed in a large chamber wherein a high amount of pressure is applied. This enables the juice to remain nutritious, flavourful and safe to drink.
Health benefits of the cold-pressed juices to drive the growth for the market
A growing number of consumers spending on lifestyle products, increase the sense of health awareness, various health benefits offered by these juices and the rising disposable income are the key factors driving the growth of the market. The obsession to look slim and fit is also the reason for the growth of the market. High in minerals, antioxidants and vitamins are the beneficiaries of these cold-pressed juices.
The detoxifying and beauty benefits are also the properties offered by these juices and thus are gaining wide popularity among the female population around the world. Moreover, cold juices are easily available on a local basis. The belief that these organic fruit juices prevent the incidence of cancer, eliminate toxins and minimize the intake of artificial food components is also boosting the market growth.
Expensive prices of these juices to hamper the growth of the market
Type, distribution channel and nature are the segmentation for the cold-pressed juices market. Supermarkets, retailers, grocery and departmental stores are the categories based on the distribution channel. Organic and conventional juices are categories based on nature.
Fruit juices and vegetables are the categories based on type. However, these juices are more expensive than the usual ones as these involve high-pressure processing. This factor is likely to hinder the growth of the market to some extent during the forecast period.
North America to dominate the cold compressed juices market during the forecast period
Latin America, Europe, Asia Pacific, North America and Middle East & Africa are the geographical segmentation for the cold-pressed juices market. Europe and North America are the major shareholders of the market with North America accounting for over 32% of the market share followed by the European market with 30% of the market share. The North American market is estimated to grow at a CAGR of 7.2% during the forecast period. Asia Pacific region is been estimated to witness significant growth in the market during the forecast period.
