Industry Analysis & Industry Trends
The industry remained fairly stable in the past five years as lower incomes encouraged consumers to purchase frozen fruits and juices rather than higher-priced fresh varieties. Additionally, consumer desire for convenient and faster-to-prepare foods increased demand for frozen fruit. Still, industry products faced significant competition from fresh fruit and juice, which are often perceived to be nutritionally superior. In the next five years, the industry is anticipated to experience slightly stronger growth; however, demand and revenue will be hampered by stronger competition from fresh fruit and juice as disposable incomes rise.... purchase to read more
Industry Report - Industry Analysis Chapter
The Frozen Fruit and Juice Production industry has performed relatively well in the past five years. Although the industry faced heated competition from fresh fruit and juice alternatives, industry revenue has grown at an average annual rate of 0.6% to $3.3 billion in the five years to 2012. Changing consumer income and preferences have boosted industry revenue during this time.
Nutritional findings fight falling demand
The Frozen Fruit and Juice Production industry has grown in the past five years despite the economic downturn. This growth has been primarily driven by consumers' growing health consciousness. Leading manufacturers have increasingly commercialized the benefits of fruit as an indispensable part of a healthy diet... purchase to read more