Market Overview

The GBA & Hong Kong cold pressed juices market has been growing over the last few years and is projected to reach USD 5,215.5 thousand by 2028 at a CAGR of 4.88% from 2021 to 2028. A few of the significant reasons for the growth of the cold-pressed juices market are escalating health consciousness among the consumers, increasing demand for “clean-label and natural” beverages, and rising demand for “on-the-go” beverages.

Moreover, the introduction of new & exotic flavors is expected to be a prime opportunity for market players. The major trends that market players are eyeing are the innovation in juice processing technologies, herbs & spices getting more attention in cold-pressed juices, cold-pressed juices as detoxifiers, the use of HPP technology for cold-pressed juices, the millennial population driving the market, the increased popularity of organic cold pressed juices, foodservice partnerships, and others.

However, complex processing & high cost, and low shelf-life are expected to hamper the growth of the cold-pressed juices market in the years to come.

Cold pressed juices are also referred to as HPP juices which are cold pressed and processed using HPP (High-Pressure Processing) technology without harming the fresh and natural characteristics of the ingredients. Cold pressed juices are rich in terms of vitamins, minerals, organic nature, and many other vital elements, required by the human body.

These juices are healthy when compared to pasteurized fruits and vegetable juices. Advancement in technology and innovation has led to the strong performance of the cold-pressed juices market. Huge investments in R&D have led to innovations in the product line of cold-pressed juices and new varieties in terms of flavors, packaging and specialty ingredients have attracted more consumers to the cold-pressed juices.

Market Segmentation
Based on type, the GBA & Hong Kong cold pressed juices market has been segmented into fruits, vegetables, and blends. Based on category, the GBA & Hong Kong cold pressed juices market has been segmented into conventional and organic.

Based on the distribution channel, the GBA & Hong Kong cold pressed juices market has been segmented into store-based and non-store-based. The store-based segment is further classified as supermarkets & hypermarkets, convenience stores, and others.

Regional Analysis
GBA & Hong Kong cold pressed juices market has been segmented, based on city, into Guangzhou, Shenzhen, Dongguan, Hong Kong, Macau, Rest of GBA & Hongkong.

Halloween Sale – 10% OFF On Your First Order with code NEW-CUSTOMER 

Major Players
Genie Juicery (Hong Kong), Joe & The Juice (Denmark), noodfood (Hong Kong), Be-Juiced (Hong Kong), Water Juicery (Hong Kong), A&W Food Service Ltd (Hong Kong), Bless International Group Limited (Hong Kong) and Simply Raw Cold Pressed Juice (China) are the leading companies in this market, who compete based on market presence, quality, and price.

The post GBA & Hong Kong Cold Pressed Juices Market Research Report Forecast 2028 first appeared on CRI Report.

Key Findings:
? Among the type, blends segment is expected to account for the major market proportion during the forecast period of 2018-2023. On the other hand, fruits segment is projected to expand at a substantial growth rate of 9.88% during the forecast period.
? Among the category, the organic segment is expected to witness a growth rate of 10.23% during the forecast period of 2018-2023. Conventional is projected to expand substantial growth rate of 9.12% during the forecast period.
Regional and Country Analysis of cold pressed juices Market Development and Demand Forecast to 2023 Market:
As per the MRFR analysis, the North America cold pressed juices market is estimated to reach USD 2.29 billion during the forecast period 2018 to 2023 with registering A CAGR of 9.77%

The reports also cover country-level analysis:
? North America
o U.S.
o Canada
o Mexico

The post North America Cold Pressed Juices Market Research Report – Forecast till 2023 first appeared on CRI Report.