North America Cold Pressed Juices Market Research Report – Forecast to 2027

North America Cold Pressed Juices Market Research Report: Information by Type (Fruits, Vegetables, and Blends), by Category (Conventional and Organic), by Distribution Channel and by Region – Forecast till 2027

ID: MRFR/F-B & N/4868-CR | August 2018 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data

Cold pressed juices are commonly known as HPP juices owing to the process used for production, i.e., high-pressure processing (HPP). These juices retain the freshness of fruits as well as contain the rich mixture of vitamins, minerals, and other vital elements necessary to maintain optimal health. According to the latest report by Market Research Future (MRFR), the North America Cold Pressed Juices Market is anticipated to expand at a 9.77% CAGR from 2018 to 2023 (forecast period).


Massive investments in research and development (R&D) has culminated in new types of flavors in the market. Market players are employing packaging and design strategies to attract consumers. This can attract a younger demographic and capitalize on the health-consciousness trend sweeping the region. Furthermore, demand for natural and clean-label beverages can propel the market forward over the forecast period. Product customizations and improved functionality of beverage packages are bound to fuel juice sales. But low shelf-life of these can pose a challenge to the market. Players are engaged in R&D to discern more advantageous methods of processing which can enhance the shelf-life.


Report Overview


The report covers the latest trends affecting the market to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts make highly astute projections regarding the scope of the market and its future prospects. MRFR’s report includes a thorough analysis of the North America cold pressed juices market segmented by type, category, distribution channel, and country. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.


Segment Overview


By type, the North America cold pressed juices market is segmented into vegetables, fruits, and blends. Cold pressed juices are available in two major categories, mainly organic and conventional. Distribution channels outlined in the market are segmented into store-based and non-store based.


The segments covered in the report are analyzed with respect to three major countries – The U.S., Canada, and Mexico with respective market sizing. The definition of “cold pressed juice” is outlined in the report for a comprehensive understanding of the market. The report discusses in thorough detail the various players and their respective strategies to enhance their value chain.


Competitive Landscape


Key players of the North America cold pressed juices market include Juice Generation Inc. (U.S.), Bolthouse Farms Canada Inc. (Canada), Liquiteria Inc. (U.S.), The Odwalla, Inc. (U.S.), Pressed Juicery, Inc. (U.S.), Suja Life, LLC (U.S.), Florida Bottling Trading (U.S.), Hain Celestial Group, Inc. (U.S.), PepsiCo Inc. (U.S.), and Evolution Fresh (U.S.). Various strategies such as acquisitions, partnerships, joint ventures, novel product launches, and distribution agreements are used by these players to gain a major share in the market.


The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail.


Research Methodology


By employing meticulous strategies, competent research analysts of Market Research Future (MRFR) collect information and study them extensively before predicting the future market size with a detailed listing of the relevant market segments. Interviews with prime decision makers of various trendsetting companies of the apposite market give the primary research much prominence. The secondary method includes a minute analysis of the present and the past trends to obtain a better grasp of the upcoming market scenario. To increase the precision of the obtained data, top-down & bottom-up approaches have been integrated into the system which gives a walk-through of the demand and supply equation. Furthermore, by adhering to credible resources such as annual reports, SEC filings, and white papers, our data analysts empower themselves with subtle comprehension of the germane product before proceeding to discuss market factors. The intent is to provide a holistic view of the sector by judging it against irreproachable parameters and enriching it with significant inputs.  


Analysis Period



  • Base Year - 2017

  • Projection Period - From 2018 to 2023

  • Market Denomination - USD Million

  • Conversion Rate - Considered as per the respective financial years


For the scope of research, the report offers a comprehensive analysis of the North America cold pressed juices market.


Type



  • Fruits

  • Vegetables

  • Blends


Category



  • Conventional

  • Organic


Distribution Channel



  • Store-based

  • Non-store based


Region



  • North America

    • The U.S.

    • Canada

    • Mexico




Intended Audience



  • Cold Pressed Juices Manufacturers

  • Bakery & Confectionery industry

  • Food Manufacturers

  • E-commerce

  • Traders, Importers & Exporters



North America Cold Pressed Juices Market -- Summary        


Leading a healthy life has always been a priority. But the fast-paced life, engendered by transforming economies, has little room for such concerns. One way of countering the issue can be cold pressed juices that have gained traction from all quarters. Its ability to retain all the nutrition values at their best possible amount and production sans preservatives or artificial ingredients have made it famous across borders, especially in North America. The buzzing life of the region is busy beyond imagination, and this can double the valuation of the cold pressed juice market during the forecast period (2018-2023), reveals Market Research Future (MRFR) in an exclusive report.


Busy life has taken precedence in North America pushing healthy life to the back seat. This has given rise to the emergence of a market that offers foods and beverages with nutrition value but assists in maintaining the same frenetic life. Cold pressed juices are one such product that retains all the fibers, minerals, vitamins and antioxidants. It is even more appealing to the consumers as the juices are made without any preservatives. Hence, no side-effects which accentuate its demand among consumers.


In recent times, a tendency to consume organic foods has emerged as people are nowadays relying more on natural ingredients to gain the maximum benefit from products. Furthermore, cold pressed juices can be consumed while on foot, an advantage that many find apt for their lifestyle.


However, the production process includes high-pressure processing (HPP) which incurs high cost and inevitably increases the overall price of the product. The manufacturing process involves various stages where hard labor plays a significant role which takes considerable time, and if it is organic, then raw material cost shoots up. All these factors can bottleneck the market in the foreseeable future.


Segmentation:


Based on type, the market is segmented into fruits, vegetables, and blends. Blends are leading from the front with a CAGR of 10.19% and expect to reach up to USD 971.8 million during the review period. Meanwhile, fruits segment is anticipated to accelerate with the fastest CAGR during the assessment period.


By category, the market consists conventional and organic. Demand for ‘clean-label’ product has taken organic segment to the top, and it covers 58.20% of the market. Scaling up to a valuation of USD 1,101.9 million with fastest CAGR of 10.29% during the review period seems to be easily gettable for the segment.


Based on distribution-channel the market comprises store-based & non-store based segments. Store-based channels own almost 86.2% of the market share and can touch USD 1,300 million valuation by 2023 with an impressive CAGR of 9.81%. However. Non-store based segment to achieve the fastest CAGR of 11.01% during the forecast period.


Regional Analysis:


The regional market has three countries competing for the market leader’s position, namely  - the U.S., Canada, and Mexico.


The U.S. is the frontrunner and has recorded substantial growth in the last two years. One of the major factors driving the market forward is the rising per capita disposable income. Consumers are more open to taste a variety of products and to get the best do not give a second thought to price. This has broadened the market horizon as key players can warm up the field with an array of products.


Canada is the fastest growing region and is second only to the U.S. A spurring growth in consumption from the millennials and tendency to adopt products based on their nutrition value have given the market the much-needed boost. Along with these factors, personalization & customization, handcrafted/artisan options, sustainable packaging, technology & flavor innovations, food service partnerships, labeling changes, and persuasive marketing strategies have given the market enough tailwind to enjoy a CAGR of 10.03% during the assessment period.


Competition Dashboard:


The competitive market has players who are huddling closely to gain prominence save PepsiCo Inc. By investing heavily in research and developments and through market expansion, PepsiCo Inc. is way ahead of the rest with 32% of the developmental share. Recently, the company has opened a new research & development facility in Dubai, the UAE. Suja Life, LLC has 18.7% market share and is reaping benefits from Coca Cola’s stake in the company. Others are primarily banking heavily on a new range of products and geographical expansion. For instance, Liquiteria is currently focusing on opening more stores to expand their business considerably. Hain Celestial Group and Evolution Fresh are also following the same footstep.


The key players competing in the market and helping in expansion are PepsiCo Inc., Hain Celestial Group, Inc., Suja Life, LLC, Evolution Fresh, Pressed Juicery, Inc., Juice Generation Inc., Liquiteria Inc., Florida bottling Trading, CEDAR Juices, Bolthouse Farms Canada Inc., The Odwalla, Inc., Greenhouse Juice Co., and others.

1 Executive Summary

2 Market Introduction

2.1 Definition 15

2.2 Scope of the Study 15

2.3 Assumptions 15

2.4 Market Structure 16

2.5 Key Takeaways 16

2.6 Key Buying Criteria 17

3 Research Methodology

3.1 Research Process 19

3.2 Primary Research 19

3.3 Secondary Research 20

3.4 Market Size Estimation 21

3.5 Forecast Model 21

4 Market Dynamics

4.1 Introduction 23

4.2 Drivers 23

4.2.1 Escalating health consciousness among the consumers 23

4.2.2 Increasing demand for “clean-label and natural” beverages 23

4.2.3 Rising demand for “on-the-go” beverages 24

4.3 Drivers Impact Analysis 24

4.4 Restraint 24

4.4.1 Complex processing & high cost 24

4.4.2 Restraint Impact Analysis 25

4.5 Opportunities 25

4.5.1 Product customizations and enhanced functionality 25

4.5.2 Food service partnership 25

4.6 Challenge 26

4.6.1 Low shelf life 26

4.7 Market Trends 26

4.7.1 Innovation in Juice Processing Technologies 26

4.7.2 Herbs & Spices are Getting More Attention in Cold Pressed Juices 26

4.7.3 Cold Pressed Juices as Detoxifiers 27

4.7.4 Use of HPP Technology for Cold Pressed Juices 27

4.7.5 Millennial Population Driving the Market 28

4.7.6 Increased Popularity of Organic Cold Pressed Juices 28

4.7.7 Food Service Partnerships 28

4.7.8 Other Trends Impacting the Cold Pressed Juices Market 28

5 Market Factor Analysis

5.1 Value Chain Analysis 31

5.1.1 Raw Material Procurement 31

5.1.2 Processing 32

5.1.3 Washing & Grading 32

5.1.3.1 Peeling 32

5.1.3.2 Chopping 32

5.1.3.3 Crushing & Squeezing 32

5.1.3.4 Blending 32

5.1.3.5 Bottling/Sealing 32

5.1.4 Packaging 32

5.1.5 Distribution & Sales 33

5.2 Supply Chain Analysis 33

5.3 Porter’s Five Forces Analysis 34

5.3.1 Threat of New Entrants 34

5.3.2 Threat of Substitutes 35

5.3.3 Bargaining Power of Buyers 35

5.3.4 Bargaining Power of Suppliers 35

5.3.5 Intensity of Rivalry 35

6 North America Cold Pressed Juices Market, By Type

6.1 Overview 38

6.1.1 Fruits 38

6.1.2 Vegetables 38

6.1.3 Blends 38

7 North America Cold Pressed Juices Market, By Category

7.1 Overview 41

7.1.1 Conventional 41

7.1.2 Organic 41

8 North America Cold Pressed Juices Market, By Distribution Channel

8.1 Overview 44

8.1.1 Store Based 44

8.1.2 Non-Store Based 44

9 North America Cold Pressed Juices Market, By Country

9.1 Introduction 47

9.1.1 U.S. 47

North America Cold Pressed Juices Market, By Type

North America Cold Pressed Juices Market, By Category

North America Cold Pressed Juices Market, By Distribution Channel

9.1.2 Canada 49

North America Cold Pressed Juices Market, By Type

North America Cold Pressed Juices Market, By Category

North America Cold Pressed Juices Market, By Distribution Channel

9.1.3 Mexico 51

North America Cold Pressed Juices Market, By Type

North America Cold Pressed Juices Market, By Category

North America Cold Pressed Juices Market, By Distribution Channel

10 Competitive Landscape

11 Company Profiles

11.1 PepsiCo Inc. 58

11.1.1 Company Overview 58

11.1.2 Financial Overview 58

11.1.3 Products Offerings 58

11.1.4 Key Developments 59

11.1.5 SWOT Analysis 59

11.1.6 Key Strategy 60

11.2 Hain Celestial Group 61

11.2.1 Company Overview 61

11.2.2 Financial Overview 61

11.2.3 Products Offerings 62

11.2.4 Key Developments 62

11.2.5 SWOT Analysis 62

11.2.6 Key Strategy 62

11.3 Suja Life, LLC 63

11.3.1 Company Overview 63

11.3.2 Financial Overview 63

11.3.3 Products Offerings 63

11.3.4 Key Developments 63

11.3.5 SWOT Analysis 64

11.3.6 Key Strategy 64

11.4 Evolution Fresh (Starbucks Corporation) 65

11.4.1 Company Overview 65

11.4.2 Financial Overview (Starbucks Corporation) 65

11.4.3 Products Offerings 66

11.4.4 Key Developments 66

11.4.5 SWOT Analysis 66

11.4.6 Key Strategy 66

11.5 Pressed Juicery Inc. 67

11.5.1 Company Overview 67

11.5.2 Financial Overview 67

11.5.3 Products Offerings 67

11.5.4 Key Developments 67

11.5.5 Key Strategy 67

11.6 Juice Generation Inc. 68

11.6.1 Company Overview 68

11.6.2 Financial Overview 68

11.6.3 Products Offerings 68

11.6.4 Key Developments 69

11.6.5 SWOT Analysis 69

11.6.6 Key Strategy 69

11.7 Liquiteria Inc. 70

11.7.1 Company Overview 70

11.7.2 Financial Overview 70

11.7.3 Products Offerings 70

11.7.4 Key Developments 70

11.7.5 SWOT Analysis 71

11.7.6 Key Strategy 71

11.8 Florida bottling Trading 72

11.8.1 Company Overview 72

11.8.2 Financial Overview 72

11.8.3 Products Offerings 72

11.8.4 Key Developments 72

11.8.5 Key Strategy 72

11.9 Bolthouse Farms Canada Inc. 73

11.9.1 Company Overview 73

11.9.2 Financial Overview 73

11.9.3 Products Offerings 73

11.9.4 Key Developments 73

11.9.5 SWOT Analysis 73

11.9.6 Key Strategy 74

11.10 Odwalla Inc. 75

11.10.1 Company Overview 75

11.10.2 Financial Overview 75

11.10.3 Products Offerings 75

11.10.4 Key Developments 75

11.10.5 SWOT Analysis 76

11.10.6 Key Strategy 76

12 Conclusion

12.1 Key Findings 78

12.1.1 CEO’s Viewpoint 78

12.1.2 Key Companies to Watch 78

12.1.3 Prediction 78


13 List of Tables

TABLE 1 NORTH AMERICA COLD PRESSED JUICES MARKET, BY TYPE, USD MILLION, (2020-2027) 11

TABLE 2 NORTH AMERICA COLD PRESSED JUICES MARKET, BY CATEGORY, USD MILLION, (2020-2027) 11

TABLE 3 NORTH AMERICA COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL, USD MILLION, (2020-2027) 12

TABLE 4 NORTH AMERICA COLD PRESSED JUICES MARKET, BY COUNTRY USD MILLION, (2020-2027) 13

TABLE 5 LIST OF ASSUMPTIONS 15

TABLE 6 NORTH AMERICA COLD PRESSED JUICES (BY FRUITS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 38

TABLE 7 NORTH AMERICA COLD PRESSED JUICES (BY VEGETABLES) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 39

TABLE 8 NORTH AMERICA COLD PRESSED JUICES (BY BLENDS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 39

TABLE 9 NORTH AMERICA COLD PRESSED JUICES (BY CONVENTIONAL) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 41

TABLE 10 NORTH AMERICA COLD PRESSED JUICES (BY ORGANIC) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 42

TABLE 11 NORTH AMERICA COLD PRESSED JUICES (BY STORE BASED) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 44

TABLE 12 NORTH AMERICA COLD PRESSED JUICES (BY NON-STORE BASED) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 45

TABLE 13 U.S. COLD PRESSED JUICES MARKET, BY TYPE, USD MILLION, (2020-2027) 47

TABLE 14 U.S. COLD PRESSED JUICES MARKET, BY CATEGORY, USD MILLION, (2020-2027) 48

TABLE 15 U.S. COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL, USD MILLION, (2020-2027) 48

TABLE 16 CANADA COLD PRESSED JUICES MARKET, BY TYPE, USD MILLION, (2020-2027) 49

TABLE 17 CANADA COLD PRESSED JUICES MARKET, BY CATEGORY, USD MILLION, (2020-2027) 49

TABLE 18 CANADA COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL, USD MILLION, (2020-2027) 50

TABLE 19 MEXICO COLD PRESSED JUICES MARKET, BY TYPE, USD MILLION, (2020-2027) 51

TABLE 20 MEXICO COLD PRESSED JUICES MARKET, BY CATEGORY, USD MILLION, (2020-2027) 51

TABLE 21 MEXICO COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL, USD MILLION, (2020-2027) 52

TABLE 22 COMPETIVE LANDSCAPING: GLOBAL COLD PRESSED JUICES MARKET: BY STRATEGY (2020-2027) 55


14 List of Figures

FIGURE 1 NORTH AMERICA COLD PRESSED JUICES MARKET SHARE (%), BY TYPE (2020-2027) 11

FIGURE 2 NORTH AMERICA COLD PRESSED JUICES MARKET SHARE (%), BY CATEGORY (2020-2027) 12

FIGURE 3 NORTH AMERICA COLD PRESSED JUICES MARKET SHARE (%), BY DISTRIBUTION CHANNEL (2020-2027) 13

FIGURE 4 NORTH AMERICA COLD PRESSED JUICES MARKET SHARE (%), BY COUNTRY (2020-2027) 13

FIGURE 5 NORTH AMERICA COLD PRESSED JUICES MARKET: MARKET STRUCTURE 16

FIGURE 6 KEY TAKEAWAYS OF THE COLD PRESSED JUICES MARKET 16

FIGURE 7 KEY BUYING CRITERIA OF COLD PRESSED JUICES 17

FIGURE 8 RESEARCH PROCESS OF MRFR 19

FIGURE 9 TOP DOWN & BOTTOM-UP APPROACH 21

FIGURE 10 MARKET DYNAMICS OF NORTH AMERICA COLD PRESSED JUICES MARKET 23

FIGURE 11 DRIVERS IMPACT ANALYSIS: NORTH AMERICA COLD PRESSED JUICES MARKET 24

FIGURE 12 RESTRAINT IMPACT ANALYSIS: COLD PRESSED JUICES MARKET 25

FIGURE 13 CONVENTIONAL JUICES VS. COLD PRESSED JUICES 29

FIGURE 14 VALUE CHAIN ANALYSIS: COLD PRESSED JUICES MARKET 31

FIGURE 15 SUPPLY CHAIN ANALYSIS: COLD PRESSED JUICES MARKET 33

FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE NORTH AMERICA COLD PRESSED JUICES MARKET 34

FIGURE 17 NORTH AMERICA COLD PRESSED JUICES MARKET, BY TYPE 2020-2027 (USD MILLION) 38

FIGURE 18 NORTH AMERICA COLD PRESSED JUICES MARKET, BY CATEGORY 2020-2027 (USD MILLION) 41

FIGURE 19 NORTH AMERICA COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL 2020-2027 (USD MILLION) 44

FIGURE 20 NORTH AMERICA COLD PRESSED JUICES MARKET, BY COUNTRY 2020-2027 (USD MILLION) 47

FIGURE 21 GLOBAL COLD PRESSED JUICES MARKET: MAJOR PLAYER MARKET DEVELOPMENT SHARE 2020-2027 54

FIGURE 22 GLOBAL COLD PRESSED JUICES MARKET: STRATEGY ANALYSIS 55

FIGURE 23 GLOBAL COLD PRESSED JUICES MARKET: MARKET DEVELOPMENT (2020-2027) 56

Key players in the cold pressed juices market are found to have high focus on strategic product launch to seek consumers’ attention towards their product range


The cold pressed juices market is competitive with major market players operating at the global level. The key industry players in the Cold pressed juices market have adopted the strategies such as geographic expansion, new product launch, acquisitions, agreement, & R&D to strengthen their business portfolio. Most of the companies operating in this market are focusing on expanding their operations across the geographies and undergoing strategic acquisitions to grow in organic cold pressed business. Moreover, they are augmenting their capabilities and investing in research and development to offer products with better functionality and have inclination towards organic market.


The key players involved in this strategy are PepsiCo Inc. (U.S.), Hain Celestial Group, Inc. (U.S.), Suja Life, LLC (U.S.), Evolution Fresh (U.S.), Pressed Juicery, Inc. (U.S.), Juice Generation Inc. (U.S.), Liquiteria Inc. (U.S.), Florida bottling Trading (U.S.), Bolthouse Farms Canada Inc (Canada), and The Odwalla, Inc. (U.S.)


PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. The company delivers a wide range of cold pressed juices under the brand “Naked Juice.” It’s cold pressed juices include Bright Greens, Cool Pineapple, Lively Carrot, Bold Beet, Organic Valencia Orange, and Organic Orange Grapefruit. In March 2018, the company plans to build a new distribution plant in Chesterfield, Virginia, the US. In May 2017, PepsiCo collaborated with Alibaba Group to launch innovative marketing initiatives, customized products, and integrated omnichannel solutions. In March 2016, the company launched its first cold pressed juices in the U.S. by introducing naked brands.


The Hain Celestial Group, Inc. is one of the leading manufacturers of cold pressed juices in the North America region. The company has a strong presence in the U.S.  In November 2016, Hain Celestial launched Cultivate Ventures, a strategic platform dedicated to investing in lifestyle brands. Cultivate’s brands include BluePrint cold-pressed juice beverages, DeBoles whole wheat and gluten-free pasta, and other products. In July 2016, the company launched a new product line of certified USDA organic Kombucha Drinks.


Suja Life, LLC is a provider of juices and smoothies. The company provides organic, non-GMO, cold-pressured juices, using High-Pressure Processing (HPP) to neutralize harmful bacteria and preserve maximum nutrition and taste. Its products deliver vital nutrients to the body such as amino acids, antioxidants, proteins & omegas. The company has a strong focus in new product launches. They are involved in new product offerings consisting of new ingredients focusing on a healthy lifestyle. Moreover, a partnership with Coca-Cola has formed an opportunistic market which will help Suja Life LLC to grow itself in the global market. However, the company will have to focus on the expansion of their production capacity to fulfill the increasing demand for cold pressed juices. The company is also undergoing marketing strategies to promote its products in the global market. Thus, its strong focus on marketing campaign will lead to increased demand for their products.


Evolution Fresh, a subsidiary of Starbucks Corporation is engaged in the production of fruit juices and smoothies.  It sells cold pressed juices under category names greens & veggies, fruits & fruit blends, protein, probiotics, and refreshment. The company is involved in providing cold pressed juices using high-pressure processing. The company is highly focused on a new product launch and expanding their product offerings. Their new product offerings are more inclined towards organic base going with the trend of the market. They are introducing new ingredients which fulfill their goal of offering health and wellness products.  These innovations aim to deliver against the top two drivers for super premium juice purchases—healthy snacks and refreshment. The company is dependent on Starbucks outlets for its product offering. However, distribution channel will be the major focus of their strategic planning in the coming years along with the expansion of geographical footprints. The company is also involved in building strong customer connect through quality product offerings.