Although not a new concept, juicing is growing in popularity and is trending yet again, thanks to the growing consumer awareness about the health benefits of juices that are extracted from the nutritional fruits and vegetables. Consequently, people are turning to healthy drinks and reducing the consumption of unhealthy beverages. This is proving to be abundant for juice brands that are undoubtedly packing a punch to grab a generous portion of the beverages pie. While consumers are moving out of traditional juice, the top 10 juice brands are introducing super fruit juice and smoothie with innovative blends and flavors.
Global Juices Market Analysis
The health-promoting benefits of juices are encouraging consumers to embrace fruit juices which are in turn, triggering the growth of the global juice market. According to the market analysts at Technavio, the global juice market will register an incremental growth of nearly US$ 39 billion over the next five years. Considering the growth opportunities for juice companies across the Americas, EMEA, and APAC, the industry experts predict that the countries in APAC region will account for the major share of the global juice market during the forecast period.
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Top 10 Juice Brands in 2019
Fresh Del Monte Produce
Fresh Del Monte Produce is one of the world’s largest producers of fruit and vegetables and a leading manufacturer and marketer of juices, beverages, fruit and vegetables, and healthy snacks in the Middle East, Europe, and Africa. The company markets their products globally under the DEL MONTE® brand which is one of the most trusted juice brands in the world since 1892 owing to their product quality, reliability and freshness. Fresh Del Monte Produce distributes its products in Europe, Asia, North America, Africa, the Middle East, and South America. The company this year acquired Mann Packing Co., a grower, and supplier of a wide range of value-added vegetable products.
Keurig Dr. Pepper
A merger of two iconic companies such as Keurig Green Mountain and Dr. Pepper Snapple Group resulted in the emergence of a new unified business and a new brand called Keurig Dr. Pepper. The company has a leadership position in water, soft drinks, juice, juice drinks, specialty coffee, and tea segments and Keurig Dr. Pepper sells #1 single-serve coffee brewing system in the U.S. Keurig Dr. Pepper’s key brands include Green Mountain Coffee Roasters, Snapple, Mott’s, Canada Dry, Bai, Keurig, Dr. Pepper, and The Original Donut Shop. The company has an unrivaled distribution system that includes over 125 owned, partner, and licensed brands across the world.
Nestle has an unparalleled position in the global food and beverages industry, thanks to its wide range of products across diverse categories. Nestle has more than 2000 brands ranging from local favorites to global icons, and the company is present in 189 countries around the world. Nestle is a world leader in fresh juices, with most recognized brand Libby’s in the US and the largest producer of chocolate/malt beverages with brands including Milo, Nesquik, and Nescau. The company also sells tea-based drinks through the Nestea brand. Nestle sold its iconic Juicy Juice brand of juices and juice concentrates for kids in the US to Harvest Hill Beverage Company.
PepsiCo has been one of the world’s largest food and beverage companies with more than 22 iconic brands that consist of 14 largest beverage brands and 8 leading snacks brands. Out of PepsiCo’s 14 beverage brands, 6 are non-carbonated drinks brands and 8 sparkling or carbonated drinks brands. The company’s most popular non-carbonated brands include Gatorade, Tropicana, Lipton, Aquafina, Brisk, and Starbucks RTD beverages. While the Gatorade brand is dominating the global sports drinks market, its Tropicana brand has become a leader in the ready-to-drink juices market in the US and across the world.
THE COCA-COLA COMPANY
The Coca-Cola Company is one of the most recognizable and valuable brands across the world. With offerings that include almost 4000 drink options through more than 500 brands, out of which 21 brands generate over $1 billion in annual sales, The Coca-Cola company is undoubtedly the world’s largest beverage company. The company owns some of the world’s top juice brands including Minute Maid, Simply Orange, Dell Valle, Powerade, Odwalla, Fuze Beverage, and few more brands that offer a variety of juice drinks across the world. Minute Maid, Simply Orange, and Del Valle are the most popular juice brands in the world.
Welch’s, a New Jersey-based juice brand has been producing grape juices, jellies, jams, and other fruit products for almost 15 decades and hence, it’s a most recognized juice company in the world. The company’s broad portfolio of products is available in almost every corner store and supermarkets in the United States. Welch’s is owned by the National Grape Cooperative Association and is most popular for its dark, Concord-flavored products. The company also produces and sells an array of other products, such as frozen and shelf-stable concentrates, organic grape juice, refrigerated juices, and dried fruits.
Founded in 1933 by a group of citrus cultivators, Citrus World has grown into one of the top 10 juice brands in the world with a broad portfolio of products including frozen concentrated and not-from-concentrate juices such as lemonade, apple, grapefruit, orange, and fruit blends. The companies popular juice brands include Bluebird, Donald Duck, Growers Pride, and Florida’s Natural, among others. Citrus World has been associated with the Walt Disney’s Donald Duck Brand as its licensee since 1941. Based in the United States, the company also provides juice to its clients in the retail food, vending, and foodservice industries.
Hangzhou Wahaha Group
The Hangzhou Wahaha Group is the largest beverage company in China with approximately 150 subsidiary brands and 60 manufacturing facilities spread throughout China. The company manufactures and sells a wide range of food and beverage products for customers in China and other countries across the world. Hangzhou Wahaha Group’s branded products include bottled water, soft drinks, sports drinks, healthcare foods, bottled tea, canned food products, milk drinks, porridges, fruit juice, and its flagship yogurt beverages. Its Future Cola brand is giving tuff competition to its rivals such as PepsiCo and The Coca-Cola Company.
Founded in 1899, the Japanese brewing and distilling company; The Suntory Group has consistently grown as a corporate group since its inception and is globally expanding its wide array of businesses with alcoholic and non-alcoholic beverage being its core business. Given its continued expansion, the company now owns more than 312 brands in Europe, Japan, Asia, and the Americas that makes it a top drinks companies in the world. The Suntory Group’s food and non-alcoholic beverage segment account for more than 57 % share of its overall businesses. The company today produces soft drinks, mineral water, ready-to-drink (RTD) tea, functional drinks, canned coffee, juices, and other products.
Ocean Spray is an agricultural cooperative which has grown into one of the top fruit juice brands in the world with products such as dried cranberries, fruit, snacks, cranberry sauce, and fruit juices. Ocean Spray Cranberries is responsible for more than 75 % of cranberries sold across the world. The company is also best known for a number of innovations including the first juice boxes, the first juice blend, and sweetened dried cranberries. Ocean Spray has expanded its products portfolio to include juice concentrate, bottled juices, blended juice drinks, and fresh fruits.
Emerging Juice Market Trends for Future
The demand for products that contain natural ingredients and lower calories is all-time high today owing to rising health and wellness trend among consumers. The juice companies recently introducing products based on stevia, which is a natural sweetener and have lower calories than sugar. Stevia is a 100% natural zero calorie sweetener and is extracted from the leaves of the stevia plant. Consumers today are trying innovative blends and flavors instead of sticking to the traditional juices available while visiting juice bars or natural and specialty gourmet retail channels, which is encouraging the top juice brands to launch super fruit juices in new flavors.
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