Description
GBA & Hong Kong Cold Pressed Juices Market Research Report Forecast 2028
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.
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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.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY PRODUCT TYPE
1.2 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY CATEGORY
1.3 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL
2 MARKET INTRODUCTION
2.1 SCOPE OF THE STUDY
2.2 RESEARCH OBJECTIVE
2.3 MARKET STRUCTURE
2.4 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 ESCALATING HEALTH CONSCIOUSNESS AMONG THE CONSUMERS
4.2.2 INCREASING DEMAND FOR “CLEAN-LABEL AND NATURAL” BEVERAGES
4.2.3 RISING DEMAND FOR “ON-THE-GO” BEVERAGES
4.2.4 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINT
4.3.1 COMPLEX PROCESSING & HIGH COST
4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 PRODUCT CUSTOMIZATIONS AND ENHANCED FUNCTIONALITY
4.4.2 FOODSERVICE PARTNERSHIP
4.5 CHALLENGE
4.5.1 LOW SHELF-LIFE
4.1 MARKET TRENDS
4.1.1 HERBS & SPICES ARE GETTING MORE ATTENTION IN COLD PRESSED JUICES
4.1.2 COLD PRESSED JUICES AS DETOXIFIERS
4.1.3 USE OF HPP TECHNOLOGY FOR COLD PRESSED JUICES
4.1.4 MILLENNIAL POPULATION DRIVING THE MARKET
4.1.5 INCREASED POPULARITY OF ORGANIC COLD PRESSED JUICES
4.1.6 OTHER TRENDS IMPACTING THE COLD PRESSED JUICES MARKET
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS
5.1.1 RAW MATERIAL PROCUREMENT
5.1.2 PROCESSING
5.1.3 WASHING & GRADING
5.1.3.1 PEELING
5.1.3.2 CHOPPING
5.1.3.3 CRUSHING & SQUEEZING
5.1.3.4 BLENDING
5.1.3.5 BOTTLING/SEALING
5.1.4 PACKAGING
5.1.5 DISTRIBUTION & SALES
5.2 SUPPLY CHAIN ANALYSIS
5.3 PORTER’S FIVE FORCES MODEL
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 BARGAINING POWER OF SUPPLIERS
5.3.3 THREAT OF SUBSTITUTES
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF RIVALRY
5.4 IMPACT OF THE COVID-19 OUTBREAK ON GBA & HONG KONG COLD PRESSED JUICES MARKET
5.4.1 IMPACT ON SUPPLY CHAIN
5.4.2 IMPACT ON CONSUMER BUYING BEHAVIOR
5.4.3 IMPACT OF PRICE
5.4.4 IMPACT ON RETAIL SALES (STORE-BASED VS. NON-STORE BASED)
6 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY TYPE
6.1 OVERVIEW
6.1.1 GBA & HONG KONG COLD PRESSED JUICES MARKET ESTIMATES & FORECAST, BY TYPE, 2019–2028
6.2 FRUITS
6.2.1 FRUITS: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
6.3 VEGETABLES
6.3.1 VEGETABLES: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
6.4 BLENDS
6.4.1 BLENDS: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
7 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY CATEGORY
7.1 OVERVIEW
7.1.1 GBA & HONG KONG COLD PRESSED JUICES MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028
7.2 CONVENTIONAL
7.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
7.3 ORGANIC
7.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
8 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY DISTRIBUTION CHANNEL
8.1 OVERVIEW
8.1.1 GBA & HONG KONG COLD PRESSED JUICES MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2019–2028
8.2 STORE-BASED
8.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
8.3 NON-STORE-BASED
8.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY CITY, 2019–2028
9 GBA & HONG KONG COLD PRESSED JUICES MARKET, BY CITY
9.1 OVERVIEW
9.2 GUANGZHOU
9.3 SHENZHEN
9.4 DONGGUAN
9.5 HONG KONG
9.6 MACAU
9.7 REST OF GBA & HONGKONG
10 COMPETITIVE LANDSCAPE
10.1 INTRODUCTION
10.2 COMPETITIVE BENCHMARKING
10.3 COMPANY MARKET RANKING
11 COMPANY PROFILES
11.1 GENIE JUICERY
11.1.1 COMPANY OVERVIEW
11.1.2 FINANCIAL OVERVIEW
11.1.3 PRODUCTS OFFERED
11.1.4 KEY DEVELOPMENTS
11.1.5 SWOT ANALYSIS
11.1.6 KEY STRATEGIES
11.2 JOE & THE JUICE
11.2.1 COMPANY OVERVIEW
11.2.2 FINANCIAL OVERVIEW
11.2.3 PRODUCTS OFFERED
11.2.4 KEY DEVELOPMENTS
11.2.5 SWOT ANALYSIS
11.2.6 KEY STRATEGIES
11.3 NOODFOOD
11.3.1 COMPANY OVERVIEW
11.3.2 FINANCIAL OVERVIEW
11.3.3 PRODUCTS OFFERED
11.3.4 KEY DEVELOPMENTS
11.3.5 SWOT ANALYSIS
11.3.6 KEY STRATEGIES
11.4 BE-JUICED
11.4.1 COMPANY OVERVIEW
11.4.2 FINANCIAL OVERVIEW
11.4.3 PRODUCTS OFFERED
11.4.4 KEY DEVELOPMENTS
11.4.5 KEY STRATEGIES
11.5 WATER JUICERY
11.5.1 COMPANY OVERVIEW
11.5.2 FINANCIAL OVERVIEW
11.5.3 PRODUCTS OFFERED
11.5.4 KEY DEVELOPMENTS
11.5.5 SWOT ANALYSIS
11.5.6 KEY STRATEGIES
11.6 BLESS INTERNATIONAL GROUP LIMITED.
11.6.1 COMPANY OVERVIEW
11.6.2 FINANCIAL OVERVIEW
11.6.3 PRODUCTS OFFERED
11.6.4 KEY DEVELOPMENTS
11.6.5 SWOT ANALYSIS
11.6.6 KEY STRATEGIES
11.7 A&W FOOD SERVICE LTD.
11.7.1 COMPANY OVERVIEW
11.7.2 FINANCIAL OVERVIEW
11.7.3 PRODUCTS OFFERED
11.7.4 KEY DEVELOPMENTS
11.7.5 KEY STRATEGIES
11.8 SIMPLY RAW COLD-PRESSED JUICE
11.8.1 COMPANY OVERVIEW
11.8.2 FINANCIAL OVERVIEW
11.8.3 PRODUCTS OFFERED
11.8.4 KEY DEVELOPMENTS
11.8.5 KEY STRATEGIES
12 REFERENCES
Companies Mentioned
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)
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