Analyzing the sold production of fruit and vegetable juices mixtures in the UK from 2013 to 2023, we observe a peak in production in 2015, reaching 463.29 million liters. This high was followed by a significant drop in 2016, after which the market exhibited fluctuating yet generally declining trends. Production values stood relatively stable around the mid-250 to 260 million liters range between 2020 and 2023, with a slight decrease observed in the last two years. In 2023, the volume was 258.31 million liters, reflecting a year-on-year decrease of 1.77% compared to 2022. The 5-year CAGR leading up to 2023 was -3.07%, indicating an average annual decrease. The forecast for the next five years predicts a continued decline with an average annual decrease rate of 1.56%, resulting in a total decrease of 7.57% by 2028.
Future trends to watch for:
- Market shift towards healthier alternatives and plant-based beverages affecting traditional juice consumption.
- Potential impacts of sustainability efforts and organic product demand.
- Technological advancements in production and packaging innovation to revitalize market interest.
