Global Nectars Market Size & Outlook, 2023-2030
The nectars industry worldwide is expected to reach a projected revenue of US$ 111.4 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide nectars industry from 2024 to 2030.
Revenue, 2023 (US$M)
$71.4
Forecast, 2030 (US$M)
$111.4
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide
Global nectars market, 2018-2030 (US$M)
Global nectars market highlights
- The global nectars market generated a revenue of USD 71.4 million in 2023 and is expected to reach USD 111.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
- In terms of segment, not from concentrate (nfc) accounted for a revenue of USD 71.4 million in 2023.
- Not From Concentrate (NFC) is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 71.4 million |
| Market revenue in 2030 | USD 111.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Not from concentrate (nfc) |
| Fastest growing segment | Not From Concentrate (NFC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Not From Concentrate (NFC) |
Other key industry trends
- In terms of revenue, the North America accounted for 39.1% of the global nectars market in 2023.
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Nectars Market Scope
Nectars market segmentation & scope
Category
Private Label
Branded
Packaging
Carton
Plastic
Glass
Others
Distribution Channel
Supermarkets/Hypermarkets
Fresh Juice Shop
Convenience Stores
Online
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Nectars Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global nectars market size, by regions, 2018-2030 (US$M)
Related regional statistics
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