Global Nectars Market by Type (99% juice content, 25-99% juice content, 25% juice content), By Application (Beverages, Dairy, Food, Bakery, Confectionary, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Nectars Market size is expected to register a CAGR of 4.3% during the forecast period (2021-2028). The growth in the market can be attributed to factors such as changing consumer preferences, increasing health awareness, high demand for personalization options, and technological advancement in food products. Rising disposable income levels across developing countries are also expected to fuel the growth of this market over the coming years.
Nectars are a fruit-based soft drink. Nectars have similar flavors and properties as those found in juices but they contain less than 100% of the total amount of liquid due to added water content such as tap water rather than pure filtered water which tends tend to be more expensive than regular drinking water. They may also contain other ingredients such as artificial sweeteners or caffeine. In some markets, nectar can also refer to any type of non-alcoholic beverage containing at least 25% flavored juice.
Nectars are used in making soft drinks such as orange juice and apple cider. They are also found in a variety of dairy products such as smoothies and yogurts. Nectars can be used for baking purposes to produce cakes and pastries which taste good with fruity flavors like apricot or blueberry. In addition, nectars can also be added into the confectionaries sector for sweetening the tastes of chocolates or syrups.
On the basis of Type, the market is segmented into 99% Juice Content, 25-99% Juice Content, and 25% Juice Content.
99% Juice Content:
Nectars are fruit juices that have been squeezed from fruits and then combined with water.
25-99% Juice Content:
Nectars, also known as semi-juices or soft drinks, contain at least 25% of the natural sugars found in their respective raw materials but less than 99%.
25% Juice Content:
These products contain only concentrate made of sugar syrup mixed with acidifiers such as citric acid to give a sour taste so it is ready for consumption without processing. It can be sold under many different brand names like "naturally light" or "low calorie."
On the basis of Application, the market is segmented into Beverages, Dairy Products, Bakery & Confectionary
Beverages:
Nectars are used in beverages to provide a sweet flavor. Nectar-based drinks can be categorized into four types: iced tea, fruit juice and nectar (juice with added sugar), coffee substitutes, and sports drinks or energy drinks.
The vast majority of the consumption for these products is through retail channels like convenience stores, grocery chains, and big-box retailers where they are typically sold as single-serve cans and bottles that hold 11 ounces or less.
Dairy Products:
Nectars can be used in dairy products such as yogurt and ice cream. Nectar is a fruit juice that contains more than 50% sugars, but less than 20% water content. The concentrated nature of nectar gives it the body needed for use in these applications.
Bakery & Confectionary:
Nectars are used in bakeries and confectionery for flavoring purposes. Nectars with a high sugar content such as apple juice may be added to batters, doughs, or other baked goods to provide flavor rather than their liquid form. It is also believed that using nectars can help the baking process by making the cake moister. Some bakers use a mixture of fruit juices and water instead of whole milk or cream when whipping up egg whites into meringue since eggs react well with acidic liquids like orange juice.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America was ranked as one of the largest markets in terms of revenue share owing to its advanced healthcare infrastructure along with its large population size. It has also been a major player when it comes to research and development activities that help accelerate product launches. The region is expected to remain dominant over the next nine years due to increasing demand for low sugar drinks among consumers and rising disposable income levels among households following an economic recovery post-recession.
The Asia Pacific will be another important growth driver across this forecast period largely because of China’s increasing focus on the health of its population. The country has strict regulations in place to promote healthy living and is promoting activities such as yoga, sports, and dance for locals which will have a positive impact on demand for healthier beverages.
Up Market Research published a new report titled “Nectars Market research report which is segmented by Types (99% juice content, 25-99% juice content, 25% juice content), By Applications (Beverages, Dairy, Food, Bakery, Confectionary, Others), By Players/Companies Kerry Group Plc (Ireland), Döhler Group (Germany), SkyPeople Fruit Juice Inc. (China), AGRANA Group (Austria), Kanegrade Ltd. (UK), China Haisheng Juice Holdings Co. Ltd (Hong Kong) and, SunOpta, Inc. (Canada)”.
Report Scope
Report Attributes | Report Details |
Report Title | Nectars Market Research Report |
By Type | 99% juice content, 25-99% juice content, 25% juice content |
By Application | Beverages, Dairy, Food, Bakery, Confectionary, Others |
By Companies | Kerry Group Plc (Ireland), Döhler Group (Germany), SkyPeople Fruit Juice Inc. (China), AGRANA Group (Austria), Kanegrade Ltd. (UK), China Haisheng Juice Holdings Co. Ltd (Hong Kong) and, SunOpta, Inc. (Canada) |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 206 |
Number of Tables & Figures | 145 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Nectars Market Report Segments:
The market is segmented by Type 99% juice content, 25-99% juice content, 25% juice content and By Application Beverages, Dairy, Food, Bakery, Confectionary, Others.
Some of the companies that are profiled in this report are:
- Kerry Group Plc (Ireland)
- Döhler Group (Germany)
- SkyPeople Fruit Juice Inc. (China)
- AGRANA Group (Austria)
- Kanegrade Ltd. (UK)
- China Haisheng Juice Holdings Co. Ltd (Hong Kong) and
- SunOpta, Inc. (Canada)
Nectars Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Nectars Market
Overview of the regional outlook of the Nectars Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Nectars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Nectars Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. 99% juice content
2. 25-99% juice content
3. 25% juice content
7. By Application:1. Beverages
2. Dairy
3. Food
4. Bakery
5. Confectionary
6. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nectars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Nectars Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nectars Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nectars Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nectars Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nectars Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nectars Market Size & Forecast, 2018-2028
4.5.1 Nectars Market Size and Y-o-Y Growth
4.5.2 Nectars Market Absolute $ Opportunity
Chapter 5 Global Nectars Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Nectars Market Size Forecast by Type
5.2.1 99% juice content
5.2.2 25-99% juice content
5.2.3 25% juice content
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nectars Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Nectars Market Size Forecast by Applications
6.2.1 Beverages
6.2.2 Dairy
6.2.3 Food
6.2.4 Bakery
6.2.5 Confectionary
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nectars Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nectars Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Nectars Analysis and Forecast
9.1 Introduction
9.2 North America Nectars Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Nectars Market Size Forecast by Type
9.6.1 99% juice content
9.6.2 25-99% juice content
9.6.3 25% juice content
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Nectars Market Size Forecast by Applications
9.10.1 Beverages
9.10.2 Dairy
9.10.3 Food
9.10.4 Bakery
9.10.5 Confectionary
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Nectars Analysis and Forecast
10.1 Introduction
10.2 Europe Nectars Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Nectars Market Size Forecast by Type
10.6.1 99% juice content
10.6.2 25-99% juice content
10.6.3 25% juice content
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Nectars Market Size Forecast by Applications
10.10.1 Beverages
10.10.2 Dairy
10.10.3 Food
10.10.4 Bakery
10.10.5 Confectionary
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Nectars Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nectars Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Nectars Market Size Forecast by Type
11.6.1 99% juice content
11.6.2 25-99% juice content
11.6.3 25% juice content
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Nectars Market Size Forecast by Applications
11.10.1 Beverages
11.10.2 Dairy
11.10.3 Food
11.10.4 Bakery
11.10.5 Confectionary
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Nectars Analysis and Forecast
12.1 Introduction
12.2 Latin America Nectars Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Nectars Market Size Forecast by Type
12.6.1 99% juice content
12.6.2 25-99% juice content
12.6.3 25% juice content
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Nectars Market Size Forecast by Applications
12.10.1 Beverages
12.10.2 Dairy
12.10.3 Food
12.10.4 Bakery
12.10.5 Confectionary
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Nectars Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nectars Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Nectars Market Size Forecast by Type
13.6.1 99% juice content
13.6.2 25-99% juice content
13.6.3 25% juice content
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Nectars Market Size Forecast by Applications
13.10.1 Beverages
13.10.2 Dairy
13.10.3 Food
13.10.4 Bakery
13.10.5 Confectionary
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nectars Market: Competitive Dashboard
14.2 Global Nectars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kerry Group Plc (Ireland)
14.3.2 Döhler Group (Germany)
14.3.3 SkyPeople Fruit Juice Inc. (China)
14.3.4 AGRANA Group (Austria)
14.3.5 Kanegrade Ltd. (UK)
14.3.6 China Haisheng Juice Holdings Co. Ltd (Hong Kong) and
14.3.7 SunOpta, Inc. (Canada)