Market Outlook

With increasing consumer preference towards taste, there is a gradual demand being created for frozen desserts over the years, which has fuelled the growing demand for frozen juice bases in recent years. The frozen juice bases are defined as the concentrated blends of fresh juice which processed and frozen to increase its shelf life. Frozen juice bases are usually sourced from natural products, for example, berries, citrus, pomes, drupes, peps, and others. However, due to growing advancement in science and technology, the artificially frozen juice bases are manufactured by sourcing synthetic compounds which have a similar flavor to fruits. The Frozen juice bases are blended and processed to manufacture concentrates, juice squash, zests, and others so as to impart the sweet-smelling flavors in desired beverages. In contrast to counterfeit juice powders, frozen juice bases impart the exact taste of the fresh fruit. The growing demand from wellbeing cognizant population in the developing economies for the frozen desserts and beverages has a significant contribution to the growth of global frozen juice bases market. The developing modernity throughout the years has brought about different developments and advancement in flavor-improving strategies, which has created a rising demand for frozen juice bases from different end users. Bound to all the driving elements, the global frozen juice bases market is anticipated to remain positive during the forecast period.

Far-reaching Demands for Frozen Juice Bases

The global beverage industries are focusing to enhance the flavor as well as the aroma of the beverage which is being manufactured, as consumers are more becoming health conscious and show increasing interest in the ingredients used in the product. This factor is primarily attributed to the enhancement of various beverage products such as frozen juice bases, especially in non-carbonated drinks, fruit flavors, and others. Thus, the population is benefited through flavor enhanced ingredients such as frozen juice bases which maintain the natural aroma as well as flavors of fruity beverages. Consequently, the consumers in the developed economies such as U.S, U.K, and others show increasing interest on frozen juice bases due to increasing juice consumption in households which is foreseen to drive the demand for frozen juice bases market in the upcoming years. Due to substantial development in the modern groceries and online retailing, there is an increasing market penetration for frozen juice bases in the recent years which is one of the key strategies adopted by major market players of frozen juice bases over the world. This is additionally expected to fuel the positive growth of the global frozen juice bases market during the forecast period.

Global Frozen Juice Bases: Market Segmentation

On the basis of nature, the global frozen juice bases market has been segmented as-

  • Artificial
  • Natural

On the basis of fruit type, the global frozen juice bases market has been segmented as-

  • Berries
    • Grapes
    • Blueberries
    • Strawberries
    • Raspberries
    • Cranberries
    • Others (Blackcurrant, Goji Berries, etc.)
  • Drupes
    • Plum
    • Peaches
    • Olive
    • Others (Coconut, Sole, etc.)
  • Citrus
    • Orange
    • Lime/Lemon
    • Tangerine
    • Others (Mandarins, Grapefruits, etc.)
  • Pomes
    • Apple
    • Pear
    • Quince
    • Others (Firethorn, Hawthorn, etc.)
  • Pepos
    • Cantaloupe
    • Watermelon
    • Pumpkin
    • Others (cantelope, cucumber)
  • Others (other tropical fruits)

On the basis of end use, the global frozen juice bases market has been segmented as-

  • Food Processing
    • Confectionaries
    • Desserts & Dressings
    • Others (processed meat, ice creams, etc.)
  • Beverage Processing
    • Dairy-based Beverages
    • Ready-to-drink (RTD) Beverages
    • Spirits and Liqueurs
    • Smoothies & Cocktails
    • Others (Concentrates, juice bars, etc.)
  • Food services

Global Frozen Juice Bases: Key Players

Some of the major players of frozen juice bases include GLCC Co., Lyons Magnus, Inc., Balchem Corp, Northwest Natural Holding Company, Variety Foods, Inc., Nanci's Frozen Yogurt, Döhler GmbH, Tree Top Inc., HP Ingredients Corporation, Grünewald International, etc. More industrialists and other market participants have been showing keen interests towards frozen juice bases as the demand is emerging every year.

Opportunities for Market Participants:

As a flavor-enhancing ingredient, the frozen juice bases have revitalizing demand among consumers over the world. Also, the frozen juice bases are progressively consumed in nonalcoholic drinks which has flourishing interest among the customers. Because of extended distribution channels and growth in infrastructure in the supply chains all over the world, is expected that there would be beneficial returns for the industrialists and other market members of global frozen juice bases market during the forecast period.

Global Frozen Juice Bases: A Regional Outlook

Frozen juice bases are largely consumed across over the world owing to its abundant applications. Among all the regions, Europe has the conspicuous consumption of frozen juice bases principally in the countries, such as Germany, Italy, U.K, and others due to increasing consumption of smoothies and juice blends. In the Asia Pacific, the escalating imports of flavorants and a growing number of food processing industries over the years have contributed to the positive growth of the frozen juice bases market. In the region of North America, the frozen juice bases are intensely used fruit purees and sauces in food services along with households. In Latin America and the Middle East and Africa, the frozen juice bases are consumed in cocktails, juice concentrates, and others. Owing to all the above driving factors, the global frozen juice bases market is expected to escalate in terms of value and volume during the period of forecast.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Frozen Juice Bases Market

Pre Book