Juices - United Kingdom

The Juices market in United Kingdom has been experiencing significant growth in recent years.

Customer preferences: Customers in United Kingdom have been increasingly opting for healthier beverage options, which has led to a surge in the demand for juices. With growing health consciousness and awareness about the benefits of consuming natural and nutritious products, consumers are actively seeking out juices that are made from fresh fruits and vegetables, free from artificial additives and preservatives. Additionally, there is a rising trend of consumers looking for organic and cold-pressed juices, as they are perceived to be more natural and nutrient-rich.

Trends in the market: One of the key trends in the Juices market in United Kingdom is the increasing popularity of functional juices. These are juices that are fortified with additional vitamins, minerals, and other health-enhancing ingredients. Functional juices cater to specific health needs and are designed to provide targeted benefits, such as immune support, detoxification, and energy boosting. This trend is driven by the growing demand for products that offer both taste and health benefits. Another trend in the market is the rising demand for convenient and on-the-go juice options. With busy lifestyles and the need for quick and easy solutions, consumers are looking for packaged juices that can be easily consumed anytime, anywhere. This has led to the introduction of single-serve juice packs and juice shots, which are gaining popularity among consumers who are constantly on the move.

Local special circumstances: The Juices market in United Kingdom is also influenced by local special circumstances. The country has a strong tradition of tea consumption, which has historically been the beverage of choice for many consumers. However, there has been a shift in recent years, with consumers increasingly turning to juices as a healthier alternative to sugary drinks. This shift in consumer preferences has created a favorable environment for the growth of the Juices market in United Kingdom.

Underlying macroeconomic factors: The growth of the Juices market in United Kingdom can also be attributed to underlying macroeconomic factors. The country has a stable economy and a high standard of living, which has resulted in increased disposable income among consumers. This has allowed consumers to prioritize their health and well-being, leading to a higher demand for premium and healthier beverage options such as juices. In conclusion, the Juices market in United Kingdom is witnessing significant growth due to changing customer preferences towards healthier beverage options, the emergence of functional juices, the demand for convenience, and local special circumstances. Additionally, underlying macroeconomic factors, such as a stable economy and higher disposable income, have further fueled the growth of the market.

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.