Asia Pacific Nectars Market Size & Outlook, 2023-2030
The nectars market in Asia Pacific is expected to reach a projected revenue of US$ 22.8 million by 2030. A compound annual growth rate of 7.4% is expected of Asia Pacific nectars market from 2024 to 2030.
Revenue, 2023 (US$M)
$13.8
Forecast, 2030 (US$M)
$22.8
CAGR, 2024 - 2030
7.4%
Report Coverage
Asia Pacific
Asia Pacific nectars market highlights
- The Asia Pacific nectars market generated a revenue of USD 13.8 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, not from concentrate (nfc) was the largest revenue generating type in 2023.
- Not From Concentrate (NFC) is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 13.8 million |
| Market revenue in 2030 | USD 22.8 million |
| Growth rate | 7.4% (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, Asia Pacific region accounted for 19.3% of the global nectars market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 22.8 million by 2030.
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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 |
|---|---|---|---|---|
| Suja Life | View profile | 51-100 | San Diego, California, United States, North America | http://sujajuice.com |
| Seven & i Holdings Co Ltd | View profile | 157177 | 8-8, Nibancho, Chiyoda-ku, Tokyo, Japan, 102-8452 | http://www.7andi.com |
| Ocean Spray Cranberries Inc Pref Share | View profile | - | 1 Ocean Spray Drive, Lakeville, MA, United States, 02349 | http://www.oceanspray.com |
| Fresh Del Monte Produce Inc | View profile | 38887 | c/o H&C Corporate Services Ltd, 87 Mary Street, 4th Floor, Apollo House, P.O. Box 698, George Town, Grand Cayman, Cayman Islands, KY1-1107 | https://www.freshdelmonte.com |
| Welch's | View profile | 501-1000 | Concord, Massachusetts, United States, North America | https://www.welchs.com/ |
| Suntory Beverage & Food Ltd | View profile | 24641 | 3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.suntory.co.jp |
| The Hain Celestial Group Inc | View profile | 2837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | https://www.hain.com |
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