fruit juices- market survey
TRANSCRIPT
MARKET SURVEY ON FRUIT JUICES
Moksha Chib
13FET1003
FRUIT JUICES- Introduction
JUICE is a liquid that is naturally found in fruit and vegetables, prepared by mechanically squeezing or macerating fruit and vegetable flesh without the application of heat or solvent.
Fruit juice- ideally contains 100% fruit content
Natural source of Energy / Vitamins and Minerals ( Nutritive food Value)
Fruit juices are available in India as: Fresh Fruit Juice & Packaged Fruit Juice.
MARKET SIZE – Indian Scenario
Total Juice Market - 230 million litre / Annum ( Ref1)
Branded fruit juice market in India is 3.4 million litre ; which is estimated at > 500 Crore. ( Ref2)
Packaged Juice Market in India had grown at CAGR 30-35% per annum over the last decade.
The Packaged Juice Market is expected to grow at CAGR15% over the next 3 years.
Market Growth - Factors
Consumption of Packaged Fruit Juices has charted a high trajectory growth due to health awareness among the Indian consumers.
Hygienic Packaging - Considered to be a healthier option.
Easy availability and ease to carry ; anywhere consumption and convenience.
More new and international brands gaining ground
Variety of Juices – Unique flavors
Better affordability.
COMPETITORS
Major Players
Dabur
PepsiCo
Godrej
Parle Agro
New Comers
Mother Dairy
Ladhakh Foods
Surya Foods & Agro.
Dabur55%PepsiCo
30%
Other15%
COMPETITOR ANALYSIS ( Based on Survey)**
Brand Company Qty. Price Flavors
Tropicana PepsiCo 1 Litre 95/- Mix Fruit / Orange
Real Dabur 1 Litre 98/- Mix Fruit / Orange
Onjus Godrej 1 Litre 80/- Mix Fruit / Orange
Harvest KDD 1 Litre 90/- Mix Fruit /Orange
DelMonte DelMonte 240 ml 30/- Mix Fruit
24 Mantra Organic
Sresta Naturals Bio.
1 Litre 129/- Orange Juice
** Brands for which the survey is conducted
All are tetrapaks except DelMonte
NUTRITIVE VALUES / 100ml ( Mixed Fruit Juices)
Tropicana Real Onjus Harvest0
20
40
60
80
100
120
140
Vitamin C(mg)Iron(mg)Calcium(mg)Potasium(mg)Sodium(mg)Protein(g)Carbohydrate(g)Energy(kcal)
Contd…
Acidity regulators ( E330) – Citric Acid ( As per FSSAI Guidelines the Max level of this content shall be 3000 mg / kg)*
Stabiliser ( E440) – Pectin ( As per FSSAI Guidelines the Max level of this content shall be as per GMP) *
Anti Oxidants ( E 300) – L Ascorbic acid ( As per FSSAI Guidelines the Max level of this content shall be 400mg/kg given in CODEX STAN-164-1989)
Permitted natural colour and added flavors ( E 160 a) - Mix Carotenes & B - carotene
Varied fruit concentrates are used in different brands – Tropicana 12.2% , Real 12.03% , Onjus 18.87% & Harvest 7.55%... Observation is that the more the Fruit concentrate ; more the nutritive value..
* 37th session of CODEX Alimentarius Commission 2014
Other Additives & Guidelines
NUTRITIVE VALUES / 100ml ( Orange Juices)
Trop-icana
Real Onjus Harvest 24 Mantra Organic
0
20
40
60
80
100
120
140
Vitamin C(mg)Iron(mg)Calcium(mg)Potasium(mg)Sodium(mg)Protein(g)Carbohydrate(g)Energy(kcal)
Contd…
Other Additives & Guidelines
Acidity regulators ( E330) – Citric Acid ( As per FSSAI Guidelines the Max level of this content shall be 3000 mg / kg)*
Stabiliser ( E440) – Pectin ( As per FSSAI Guidelines the Max level of this content shall be as per GMP) *
Anti Oxidants ( E 300) – L Ascorbic acid ( As per FSSAI Guidelines the Max level of this content shall be 400mg/kg given in CODEX STAN-164-1989)
Permitted natural colour and added flavors ( E 160 a) - Mix Carotenes & B - carotene
Added sugar must not exceed 50g/kg as per CODEX STAN 45-1981.
Soluble orange solids content of orange juice must be greater than 11% which is determined by Refractometer at 20C as per CODEX STAN 45-1981.
Varied fruit concentrates are used in different brands – Tropicana 8.2% , Real 12.45 % , Onjus 13.5% , 24 Mantra 16.5 % & Harvest 51%... Observation is that the more the Fruit concentrate ; more the nutritive value..
* 37th session of CODEX Alimentarius Commission 2014
OBSERVATIONS
Overall FSSAI guidelines are complied by major Brands.
Majority of the brands are being manufactured using “ Permitted Natural colours”.
Tetrapaks are handy and recyclables ( No environmental hazard)
Although the market of Packaged Fruit juice is growing due to convenience and affordability ; the finished product doesn’t offer the health benefits as perceived , due to limited percentage of the fruit concentrate.
Packaged fruit juices lack fiber in the finished product and are highly processed as against fresh juice thus leads to loss of fruits nutritive values.
There are few products , which have higher Potassium and Sodium content, which may lead to unwanted complications to the customer, who needs the nutritive values.
References
1. Consumer Behavior for fruit juices market in India by International Research Journal - Vol 5, Issue 2 – 2014
2. Agritrade.iift.ac.in
3. FSSAI website
4. 37th session of Codex Alimentarius Commission of 2014 (WHO Food standards)