Juice Concentrates Market Size, Share Growth Trends by 2027 Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups Sauces, Dairy, and Bakery Confectionery), Ingredient (Single-, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027 Northbrook, IL 60062 -- ( SBWIRE ) -- 09|15|2022 -- The global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. Juice concentrates are obtained by removing water from the fruit juice to make it more suitable for storage, shipping, and resale in retail stores. The overall juice concentrates market is driven by consumers'' preferences toward the consumption of healthier products and the growing consumption of fruit juices and nectars. The beverage industry influences the juice concentrates market, as fruit vegetable juice concentrate is largely used in making a variety of nonalcoholic drinks. Download PDF Brochure Oranges will have the highest CAGR during the forecast period in terms of value The ever-increasing demand for fruit juices in every corner of the world is the key factor driving the global growth of orange concentrate goods.