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Asia-Pacific Juices Market Size

The Asia-Pacific juices market is experiencing significant growth, driven by an increasing demand for healthier beverage options and a shift away from carbonated drinks. The market's expansion is characterized by a rising preference for functional and value-added 100% juices, with consumers willing to pay a premium for perceived health benefits. Juice concentrates are expected to see the highest growth, particularly in their use as sweeteners and colorants in the bakery and confectionery sectors. Malaysia is anticipated to lead in growth due to its tropical fruit abundance and government support for local manufacturers. China also stands out as a major contributor to market growth, fueled by urbanization and a growing health-conscious consumer base.

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Market Size of asia-pacific juices Industry

Asia-Pacific Juices Market Summary
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svg icon Study Period 2018 - 2030
svg icon Market Size (2024) USD 33.1 Billion
svg icon Market Size (2030) USD 43.52 Billion
svg icon Largest Share by Soft Drink Type 100% Juice
svg icon CAGR (2024 - 2030) 4.67 %
svg icon Largest Share by Country China
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Asia-Pacific Juices Market Analysis

The Asia-Pacific Juices Market size is estimated at 33.1 billion USD in 2024, and is expected to reach 43.52 billion USD by 2030, growing at a CAGR of 4.67% during the forecast period (2024-2030).

33.1 Billion

Market Size in 2024 (USD)

43.52 Billion

Market Size in 2030 (USD)

3.65 %

CAGR (2018-2023)

4.67 %

CAGR (2024-2030)

Largest Segment by Soft Drink Type

50.18 %

value share, 100% Juice, 2023

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Increasing consumer preference towards natural ingredients, and the introduction of new product flavors in the region, are aiding the growth of the 100% Juices segment.

Fastest-growing segment by Soft Drink Type

5.13 %

Projected CAGR, Nectars (25-99% Juice), 2024-2030

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Growing consumer demand for healthy on-the-go consumption beverage options and easy availability are some of the prominent drivers impacting the growth of the market.

Leading Market Player

3.35 %

market share, Tingyi (Cayman Islands) Holding Corporation, 2022

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A wide range of product offerings and its main focus on taste and nutritional profiles based on consumer preferences have made Tingyi (Cayman Islands) Holding Corporation a market leader.

Largest Segment by Country

39.46 %

value share, China, 2023

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The growing demand supported by constant investments and government support to boost the local production of juices is anticipated to drive China's market growth.

Fastest-growing segment by Country

5.75 %

Projected CAGR, Malaysia, 2024-2030

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Consumers in Malaysia making a conscious shift towards healthier, ‘better-for-me’ beverage options, and they are willing to pay a premium for juices is driving the Malaysia market.

Increased demand for functional, value-added juice products in the region is propelling the market growth

  • In 2023, 100% juices dominated the market share. The Asia-Pacific juices market is evolving beyond being a mere alternative to carbonated soft drinks. It is now catering to the rising demand for functional, value-added 100% juices and healthier options. A significant majority of consumers in the region still include 100% juices as a vital part of their daily diet. Moreover, consumers are willing to pay a premium for juices they perceive as healthy. Orange, capturing 46% of sales, emerged as the most favored flavor in Asia, followed by apple at 17% in 2022.
  • Among juice types, juice concentrates are poised to witness the highest growth, with a projected CAGR of 5.20% by value during 2024-2030. These concentrates find applications as sweeteners and colorants in the bakery and confectionery industry. The demand for juice concentrates, driven by heightened consumption in Australia, China, Japan, India, and New Zealand, is expected to surge in the coming years. Japan has witnessed a notable uptick in the use of fruit juice concentrates in its beverage market. Additionally, beauty drinks, formulated with fruit juice concentrates and lauded for their positive impact on appearance, have gained popularity in Japan.
  • Malaysia is poised to be the frontrunner in growth, with a projected CAGR of 5.77% by volume from 2024 to 2030. The country's abundance of tropical fruits significantly influences its domestic production and consumption of fruit juices. Recognizing this, the Malaysian government is incentivizing domestic fruit juice manufacturers through subsidies, aiming to enhance the competitiveness of local products in the market.
Asia-Pacific Juices Market

Rising health awareness and increasing domestic production of fruit juices are expected to boost sales in the segment

  • The market witnessed a favorable growth rate of 13.76% by value during 2021-2023. The demand for juices is driven by the rising popularity of natural and organic beverages among health-conscious consumers. Consumers are becoming more health-oriented and are seeking beverages that are low in sugar, calories, and additives. As a result, it contributed to a surge in the popularity of juices since they are perceived as a healthier alternative to carbonated drinks and other sugary beverages.
  • China is the largest-growing country in the market, attaining a prominent market share in 2023. The notable increase in juice consumption is attributed to factors like rising awareness of health and wellness together with urbanization and evolving lifestyles since people are looking for convenient and healthy options, leading to higher production and distribution of packaged juices in the country. In 2022, about 55% of consumers maintained a healthy lifestyle, and nearly 32% of people purchased health-related products, including healthy juice, to improve their health.
  • Apart from the Rest of Asia-Pacific, Malaysia is expected to be the fastest-growing country with a CAGR of 5.77% by volume from 2024 to 2030. Since Malaysia is rich in tropical fruits, the abundance of the fruits plays a crucial role in the domestic production and consumption of fruit juices. The Malaysian government has indicated that it will boost the domestic production of fruit juices by providing subsidies to domestic manufacturers, making local products competitive in the market. Also, due to the moderate climate in the country, most of the fruit is available throughout the year. Thereby, the consistent supply of locally sourced fruits ensures a steady production, meeting the consumer demand irrespective of the season.

Asia-Pacific Juices Industry Segmentation

100% Juice, Juice Drinks (up to 24% Juice), Juice concentrates, Nectars (25-99% Juice) are covered as segments by Soft Drink Type. Aseptic packages, Disposable Cups, Glass Bottles, Metal Can, PET Bottles are covered as segments by Packaging Type. Off-trade, On-trade are covered as segments by Distribution Channel. Australia, China, India, Indonesia, Japan, Malaysia, South Korea, Thailand, Vietnam are covered as segments by Country.

  • In 2023, 100% juices dominated the market share. The Asia-Pacific juices market is evolving beyond being a mere alternative to carbonated soft drinks. It is now catering to the rising demand for functional, value-added 100% juices and healthier options. A significant majority of consumers in the region still include 100% juices as a vital part of their daily diet. Moreover, consumers are willing to pay a premium for juices they perceive as healthy. Orange, capturing 46% of sales, emerged as the most favored flavor in Asia, followed by apple at 17% in 2022.
  • Among juice types, juice concentrates are poised to witness the highest growth, with a projected CAGR of 5.20% by value during 2024-2030. These concentrates find applications as sweeteners and colorants in the bakery and confectionery industry. The demand for juice concentrates, driven by heightened consumption in Australia, China, Japan, India, and New Zealand, is expected to surge in the coming years. Japan has witnessed a notable uptick in the use of fruit juice concentrates in its beverage market. Additionally, beauty drinks, formulated with fruit juice concentrates and lauded for their positive impact on appearance, have gained popularity in Japan.
  • Malaysia is poised to be the frontrunner in growth, with a projected CAGR of 5.77% by volume from 2024 to 2030. The country's abundance of tropical fruits significantly influences its domestic production and consumption of fruit juices. Recognizing this, the Malaysian government is incentivizing domestic fruit juice manufacturers through subsidies, aiming to enhance the competitiveness of local products in the market.
Soft Drink Type
100% Juice
Juice Drinks (up to 24% Juice)
Juice concentrates
Nectars (25-99% Juice)
Packaging Type
Aseptic packages
Disposable Cups
Glass Bottles
Metal Can
PET Bottles
Distribution Channel
Off-trade
Convenience Stores
Online Retail
Supermarket/Hypermarket
Others
On-trade
Country
Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
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Asia-Pacific Juices Market Size Summary

The Asia-Pacific juices market is experiencing a significant transformation, evolving from a mere alternative to carbonated soft drinks to a sector that meets the growing demand for functional and value-added beverages. This shift is driven by a substantial consumer preference for 100% juices, which are increasingly seen as integral to a healthy diet. The market is characterized by a strong inclination towards premium juices perceived as healthier options, with orange and apple flavors leading in popularity. Juice concentrates are anticipated to be the fastest-growing segment, finding extensive applications in the bakery and confectionery industries. The demand for these concentrates is particularly rising in countries like Australia, China, Japan, India, and New Zealand, with Japan seeing a notable increase in their use within the beverage sector. The trend towards health-oriented and natural beverages is propelling the market forward, as consumers seek alternatives that are low in sugar and additives.

China stands out as the largest growing market, driven by increased health awareness, urbanization, and evolving lifestyles that favor convenient and healthy options. Malaysia is also poised for rapid growth, supported by its abundant tropical fruit resources and government incentives for domestic juice manufacturers. The consistent supply of locally sourced fruits in Malaysia ensures steady production, meeting year-round consumer demand. The market is fragmented, with major players like Beijing Huiyuan Food and Beverage Co., Ltd., Kagome Co Ltd, Nongfu Spring Co., Ltd., Suntory Holdings Limited, and Tingyi (Cayman Islands) Holding Corporation holding a modest share. The focus on sustainable packaging and the introduction of vitamin-added juices are key trends, alongside strategic expansions by companies like PepsiCo India and Parle Agro Private Limited. The market's appeal is particularly strong among Gen-Z and millennials, with a growing emphasis on health-conscious consumption patterns across the region.

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Asia-Pacific Juices Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Soft Drink Type

      1. 1.1.1 100% Juice

      2. 1.1.2 Juice Drinks (up to 24% Juice)

      3. 1.1.3 Juice concentrates

      4. 1.1.4 Nectars (25-99% Juice)

    2. 1.2 Packaging Type

      1. 1.2.1 Aseptic packages

      2. 1.2.2 Disposable Cups

      3. 1.2.3 Glass Bottles

      4. 1.2.4 Metal Can

      5. 1.2.5 PET Bottles

    3. 1.3 Distribution Channel

      1. 1.3.1 Off-trade

        1. 1.3.1.1 Convenience Stores

        2. 1.3.1.2 Online Retail

        3. 1.3.1.3 Supermarket/Hypermarket

        4. 1.3.1.4 Others

      2. 1.3.2 On-trade

    4. 1.4 Country

      1. 1.4.1 Australia

      2. 1.4.2 China

      3. 1.4.3 India

      4. 1.4.4 Indonesia

      5. 1.4.5 Japan

      6. 1.4.6 Malaysia

      7. 1.4.7 South Korea

      8. 1.4.8 Thailand

      9. 1.4.9 Vietnam

      10. 1.4.10 Rest of Asia-Pacific

Asia-Pacific Juices Market Size FAQs

The Asia-Pacific Juices Market size is expected to reach USD 33.10 billion in 2024 and grow at a CAGR of 4.67% to reach USD 43.52 billion by 2030.

In 2024, the Asia-Pacific Juices Market size is expected to reach USD 33.10 billion.

Asia-Pacific Juices Market Report Snapshots

Asia-Pacific Juices Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030