Study: Cold-pressed juice market growth to be propelled by increasing dietary, health concerns
The organic segment led the cold-pressed juice market in 2018, and is anticipated to maintain its dominance by 2024.
The global cold-pressed juice market is estimated to grow at a substantial CAGR in the forecast period, as evidenced in a report published by Radiant Insights, Inc., San Francisco. The $4.3 billion cold-pressed juice market in the United States in 2017 is expected to reach $8.1 billion by 2024.
The factors that propel the growth of the cold-pressed juice market include growing number of diabetic patients, increased obesity, growing dietary and health concerns among clinicians, changing lifestyles and beauty and detoxifying benefits offered by juice. On the other hand, the factors that may hamper the growth of the market include high price of cold-pressed juice.