Global Nectars Market Size & Outlook, 2023-2030
The global nectars market size was estimated at USD 71.4 million in 2023 and is projected to reach USD 111.4 million by 2030, growing at a CAGR of 6.6% 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 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 |
Global nectars market size, by regions, 2018-2030 (US$M)
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