Market Overview:
The global raisin juice market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The raisin juice market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into thiamine, niacin, folate, vitamin B6 and vitamin B12. Thiamine accounted for a major share in terms of revenue in 2017 and is projected to maintain its dominance during the forecast period as well. On account of increasing demand for healthy food products among consumers across the globe, manufacturers are focusing on developing innovative products that are rich in vitamins and minerals. This is likely to boost growth prospects for thiamine during the forecast period. On basis of application, flavoring agent accounted for a major share in terms revenue generated by raisin juice market in 2017.
Product Definition:
Raisin juice is a type of juice made from raisins. It is used as a beverage and as an ingredient in various recipes.
Thiamine:
Thiamine, also known as vitamin B1 or thiamine hydrochloride is a water-soluble B vitamin. It is involved in various metabolic processes including the normal body growth and function of cells, nerve transmission and respiration. Thiamine deficiency leads to diseases such as beriberi, anemia and pellagra which are commonly found in aged people along with infants.
Niacin:
Niacin is a vitamin B3 and it's also known as vitamin-B complex. It helps in the release of energy from foods and enables the proper functioning of the nervous system. Niacin can be derived from both animal & plant sources but its major source is found in liver, kidney, wheat germ & yeast extracts.
Raisin juice contains niacinamide which acts as an antioxidant.
Application Insights:
The flavored product segment dominated the global market in 2017. The growth of this application can be attributed to the increasing demand for flavored beverages and foods, especially in countries such as China, India and Brazil. Furthermore, technological advancements have played a crucial role in enhancing the flavor of products such as concentrates and extracts. For instance, developments with respect to cold-pressed oil extraction process have improved its taste quality over time.
Raisin is used as a natural sweetener due to its low glycemic index (GI). GI is used by food manufacturers to determine the level of digestion difficulty caused by consumption of a particular food product before or after meals.
Regional Analysis:
North America was the largest market for global raisin juice, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to high consumption of baked goods and confectionaries in U.S., which uses raisins as an important ingredient. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing to increasing awareness about health benefits associated with fruit juices among consumers, especially in developing countries such as China and India will have a positive impact on industry growth over the next few years.
China has been one of the largest producers and exporters of fruits and vegetables across different regions since ancient times; however, it recently started exporting fruit juices after being deprived from these products during Cultural Revolution (1966-1976).
Growth Factors:
- Increasing demand for healthy drinks: The global Raisin Juice market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing demand for healthy drinks across the globe.
- Rising awareness about health benefits of raisins: The growing awareness about the health benefits of raisins is another key growth driver for this market. Raisin juice is a rich source of antioxidants, minerals, and vitamins that offer various health benefits such as improved heart health, reduced risk of cancer, and better cognitive function.
- Growing popularity of fruit juices: The increasing popularity of fruit juices among consumers is also propelling the growth of this market. Fruit juices are considered healthier alternatives to carbonated soft drinks and other unhealthy beverages options available in the market today.
Scope Of The Report
Report Attributes
Report Details
Report Title
Raisin Juice Market Research Report
By Type
Thiamine, Niacin, Folate, Vitamin B6, Vitamin B12
By Application
Flavoring Agent, Sweetener, Texturizing Agent, Preservative
By Companies
Fineberry Foods, National Raisin, Arat, Lion Raisins, Fineberry Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Raisin Juice Market Report Segments:
The global Raisin Juice market is segmented on the basis of:
Types
Thiamine, Niacin, Folate, Vitamin B6, Vitamin B12
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Flavoring Agent, Sweetener, Texturizing Agent, Preservative
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fineberry Foods
- National Raisin
- Arat
- Lion Raisins
- Fineberry Foods
Highlights of The Raisin Juice Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thiamine
- Niacin
- Folate
- Vitamin B6
- Vitamin B12
- By Application:
- Flavoring Agent
- Sweetener
- Texturizing Agent
- Preservative
- 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 Raisin Juice 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Raisin juice is a type of juice that is made from raisins.
Some of the key players operating in the raisin juice market are Fineberry Foods, National Raisin, Arat, Lion Raisins, Fineberry Foods.
The raisin juice market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Raisin Juice 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 Raisin Juice Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Raisin Juice 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 Raisin Juice 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 Raisin Juice Market Size & Forecast, 2020-2028 4.5.1 Raisin Juice Market Size and Y-o-Y Growth 4.5.2 Raisin Juice Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Thiamine
5.2.2 Niacin
5.2.3 Folate
5.2.4 Vitamin B6
5.2.5 Vitamin B12
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Flavoring Agent
6.2.2 Sweetener
6.2.3 Texturizing Agent
6.2.4 Preservative
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Raisin Juice 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 Raisin Juice 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Thiamine
9.6.2 Niacin
9.6.3 Folate
9.6.4 Vitamin B6
9.6.5 Vitamin B12
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 Market Size Forecast by Applications
9.10.1 Flavoring Agent
9.10.2 Sweetener
9.10.3 Texturizing Agent
9.10.4 Preservative
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Thiamine
10.6.2 Niacin
10.6.3 Folate
10.6.4 Vitamin B6
10.6.5 Vitamin B12
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 Market Size Forecast by Applications
10.10.1 Flavoring Agent
10.10.2 Sweetener
10.10.3 Texturizing Agent
10.10.4 Preservative
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Thiamine
11.6.2 Niacin
11.6.3 Folate
11.6.4 Vitamin B6
11.6.5 Vitamin B12
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 Market Size Forecast by Applications
11.10.1 Flavoring Agent
11.10.2 Sweetener
11.10.3 Texturizing Agent
11.10.4 Preservative
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Thiamine
12.6.2 Niacin
12.6.3 Folate
12.6.4 Vitamin B6
12.6.5 Vitamin B12
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 Market Size Forecast by Applications
12.10.1 Flavoring Agent
12.10.2 Sweetener
12.10.3 Texturizing Agent
12.10.4 Preservative
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Thiamine
13.6.2 Niacin
13.6.3 Folate
13.6.4 Vitamin B6
13.6.5 Vitamin B12
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) Market Size Forecast by Applications
13.10.1 Flavoring Agent
13.10.2 Sweetener
13.10.3 Texturizing Agent
13.10.4 Preservative
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 Raisin Juice Market: Competitive Dashboard
14.2 Global Raisin Juice Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fineberry Foods
14.3.2 National Raisin
14.3.3 Arat
14.3.4 Lion Raisins
14.3.5 Fineberry Foods