At a 4.9% CAGR, the global juice concentrates market is projected to grow at US$ 93.7 billion by 2027. In 2022, its valuation was US$ 73.7 billion. Juice concentrates are made by removing most of the water from the original fruit juice, leaving behind a concentrated liquid with a more intense flavor and higher sugar content than the original juice. The resulting concentrate can be stored more easily and takes up less space than the original juice, making it a popular choice for manufacturers and consumers alike.
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