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The Ghana fruit juice market size attained a value of USD 218 million in 2022. The market is further expected to grow at a CAGR of 6.10% between 2023 and 2028, to reach a value of USD 305 million by 2028.
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Fruit juice refers to a beverage that is made primarily out of fresh fruits. In fruit juices, the level of free amino acids is relatively lower as compared to levels of organic acids and sugars, due to which these beverages are considered to be healthier. The preparation of a fruit juice can be as simple as crushing or squeezing some fruit. The texture and appearance of fruit juice can vary widely depending upon the fruits used.
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Based on type, the market is segmented into 100% fruit juice, nectars, concentrates, and powdered juice, among others. On the basis of flavour, the market is classified into orange, pineapple, apple, and mixed fruit, among others. By distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, specialty food stores, and online, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Ghana fruit juice market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The 100% fruit juice segment, based on type, accounts for a healthy share of the Ghana fruit juice market as 100% fruit juice contains more fruit content and nutrition as compared to other types of fruit juices. Furthermore, 100% fruit juice can help improve weight management, improve nutrition intake, and is available in numerous flavours that appeal to children and adolescents. Meanwhile, powdered juice products of different flavours, such as mango, pineapple, and freeze dried miracle berry fruit powder, among others, are gaining traction in the country, leading to a steady growth of the powdered fruit juice segment.
Based on distribution channel, the supermarkets and hypermarkets segment occupies a significant share in the Ghana fruit juice market. This can be attributed to the growing availability of large and well-stocked supermarkets and hypermarkets across Accra, Kwabenya, Tema, and Kumasi, among other urban and semi-urban areas. These supermarkets and hypermarkets provide fresh fruits and premium packaged fruit juice products with a variety of flavour and form options to cater to varying consumer preferences. Over the forecast period, this segment is expected to be bolstered by the rise in disposable income, increasing urban development initiatives, and rising enthusiasm of consumers towards bulk grocery purchasing.
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Welch Foods, Inc, also known as a Welch’s, is a food company which provides 100% juices, juice drinks, refrigerated juices, diet and light juices, fruit spreads, sparkling juice, and snacks. It is a manufacturer and marketer of cocktails. The company was founded in the year 1869 and is headquartered in Massachusetts, United States.
Ekumfi Fruits & Juices Limited is a juice company which locally manufactures fruit juices in Ghana. The organisation came was founded in 2019 under the government’s flagship programme, the One District One Factory (1D1F) initiative. The portfolio of this company includes fresh pineapples, lemons, oranges, mangoes, and juices, among others. It is headquartered in Ekumfi Abor in Ghana.
Blue Skies holding Limited is a company which caters to the food industry demands by producing, preparing, and marketing fresh cut fruits and fresh fruit juices to retailers and supermarket owners across the world. The company was founded in the year 1997 and is currently headquartered in Pitsford in the United Kingdom
Other market players include Quarcoo Initiatives Co. Ltd, Multi Pac Ltd, and Frutelli Ghana Ltd, among others.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Flavour |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Ghana Fruit Juice Market Analysis
8.1 Key Industry Highlights
8.2 Ghana Fruit Juice Historical Market (2018-2022)
8.3 Ghana Fruit Juice Market Forecast (2023-2028)
9 Ghana Fruit Juice Market by Type
9.1 100% Fruit Juice
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Nectars
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
9.3 Concentrates
9.3.1 Market Share
9.3.2 Historical Trend (2018-2022)
9.3.3 Forecast Trend (2023-2028)
9.4 Powdered Juice
9.4.1 Market Share
9.4.2 Historical Trend (2018-2022)
9.4.3 Forecast Trend (2023-2028)
9.5 Others
10 Ghana Fruit Juice Market by Flavour
10.1 Orange
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Pineapple
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Apple
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Mixed Fruit
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Ghana Fruit Juice Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Convenience Stores
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Specialty Food Stores
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 Online
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Welch Foods, Inc
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Ekumfi Fruits & Juices Limited
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Blue Skies holding Limited
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Quarcoo Initiatives Co. Ltd
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Multi Pac Ltd
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Frutelli Ghana Ltd
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Ghana fruit Juice Market: Key Industry Highlights, 2018 and 2028
2. Ghana fruit Juice Historical Market: Breakup by Type (USD Million), 2018-2022
3. Ghana fruit Juice Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Ghana fruit Juice Historical Market: Breakup by Flavour (USD Million), 2018-2022
5. Ghana fruit Juice Market Forecast: Breakup by Flavour (USD Million), 2023-2028
6. Ghana fruit Juice Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
7. Ghana fruit Juice Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
8. Ghana fruit Juice Market Structure
The market reached a value of USD 218 million in 2022.
The market is estimated to grow at a CAGR of 6.10% between 2023 and 2028.
The market is anticipated to witness a healthy growth in the forecast period of 2023-2028, reaching a value of USD 305 million by 2028.
The robust supply of fresh fruits such as pineapple, orange and guava, increasing demand for clean-labelled fruit juices, growing awareness about the benefits of fruit juice, and increasing disposable income are the major drivers of the Ghana fruit juice market.
The key trends in the market include the thriving e-commerce sector, rising investments to develop supermarkets and convenience stores, and increasing prevalence of chronic conditions and lifestyle-related issues.
The different types of fruit juices in the market are 100% fruit juice, nectars, concentrates, and powdered juice, among others.
Orange, pineapple, apple, and mixed fruit, among others are the various flavours of fruit juices in the market.
Fruits, in general, are healthy, however, some of the healthier fruit juice examples are cranberry, tomato, beet, apple, and orange, among others.
Fruit juices are typically not recommended for daily consumption as they lack fibre and are relatively high in fructose which may lead to weight gain.
Welch Foods, Inc, Ekumfi Fruits & Juices Limited, Blue Skies holding Limited, Quarcoo Initiatives Co. Ltd, Multi Pac Ltd, and Frutelli Ghana Ltd, among others, are the key market players, according to the report.
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