NFC Juice Market: Market Outlook
NFC juice is produced by fruit juice extraction, sterilization, and filling, without the concentration or reduction process. NFC Juice is a natural extraction of fruits. NFC stands for (Not from Concentrates), NFC itself defines that these products are made with natural extraction and no concentrates or chemical were added or mixed in the juices while making, these are 100% natural made juice products. NFC juice contains more nutrition and flavors than traditional drinks, owing to that NFC juice becoming a healthy and better alternative for traditional drinks. NFC juice generally adopts original juice or frozen original juice as a raw material. With the upgrading of living standards, consumers pay more attention to health and nature. Healthy and low-calorie drinks become more popular.
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NFC Juice Market: Market Dynamics
The word “Natural” become a trend in today’s food and beverage industry. Improving living standards, changing food habits, and the demand for natural food and beverage are driving the growth of global NFC juice market. The changing climatic conditions and busy lifestyles are the factors that hampering consumers’ health and to maintain the energy level and good health, consumers demand high nutritional and natural food and beverage is increasing across the globe which is expected to fuel the growth of NFC juice market. The NFC juice provides several varieties of natural fruit flavors to the consumers which making NFC juice popular among the consumers. Followed by food, the beverage industry is one of the fastest-growing sectors with many innovations and technology. The NFC juice is expected to witness the parallel growth of the beverage industry. The NFC juice products are becoming natural and sustainable alternatives to traditional and conventional drinks. The NFC juice needs to place in cold places such as refrigerators and cold storages, and it has a higher requirement on the cold chain and shorter shelf life. These factors are becoming little barriers to the growth of the global NFC juice market. The prices of NFC juice are little higher than traditional juices and drinks, due to shorter shelf life and high requirement of cold chains, while going through value chains, which is influencing the sales of NFC juice products.
NFC Juice Market: Segmentation
In terms of nature, the global NFC Juice market has been segmented as,
In terms of source, the global NFC Juice market has been segmented as,
- Citrus Fruits
In terms of application, the global NFC Juice market has been segmented as,
- Still drinks
- Smoothies & snack drinks
- Fruit splashes
- Drinkable dairy products
- Carbonated soft drinks
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NFC Juice Market: Key Players
Some of the key players operating in the global NFC juice market are: Dohler, Gat Foods, LemonConcentrate S.L., Austria Juice, MAXFRUT, Poland’s Natural LLC., Krones AG, Trisun (Israel) L.T.D., Levy Group International, Ariza b.v., SVZ Industrial Fruit & Vegetable Ingredients., CONUVA, T.B. Fruit and others. The key players are looking for the reduction of cost and fluency in the value chain in the international market. Also looking more and increased opportunities in the global NFC juice market.
Opportunities for the Key Players in the Global NFC Juice Market
NFC juice is gaining popularity among the global food and beverage consumers. North America and Europe hold the leading market share in the sales of NFC juice products. North American consumers are highly aware of the beverage products and ingredients, besides expenditure power of consumers on food and beverage products is high as compared to other regions. These are the factors fueling the growth of the global NFC juice market. European people are known as highly health-conscious consumers of food and beverage products. Fruit-based food and beverage products are most loved and popular among consumers owing to these NFC juice witnessing high demand in the European region. The Asia Pacific is one of the fastest-growing regions in the world, based on population and economy. This region has the highest number of food and beverage consumers, currently NSF juice products witnessing average demand, due to a little high price. Thus, Asia Pacific will be one of the most potential markets for NSF juice in the near future.