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Thursday, July 25, 2013

Prune Juice Power


When defined in terms of overall dollar sales and volume consumption, the market for fruit juices and juice drinks has remained remarkably stable for years.  Packaged Facts estimates that between 2007 and 2012 dollar sales of fruit and vegetable juices and juice drinks barely budged, and that the volume of juices and juice drinks consumed by households hardly kept up with population growth.
Yet, underneath its apparently placid surface, the market for packaged juices and drinks has been roiled by undercurrents of constant change.  Traditional consumption patterns are dying on the vine as consumers continue to turn away from products such as frozen orange juice. 

As they reject the traditional, consumers are embracing new juices and juice drinks with wildly innovative forms and flavors.  Many of the products achieving the highest growth rates are riding trends driven by juice bars and smoothie chains, which quickly impact on the habits of health-focused juice consumers. 

As a result, the market for packaged fruit and vegetable juices has been upended.  No longer do consumers need to frequent juice bars or natural and specialty gourmet retail channels to find novel blends and flavors.  They only need to cruise the aisles and perimeter of their nearest supermarket to find cutting-edge products such as exotic blends of fruit juices, unexpected combinations of fruit and vegetable juices, smoothies, coconut water, aloe vera juice, and juices made from a new exotic antioxidant-rich “superfruit.”

Even so, consumers still make room in their refrigerators and pantries for tried-and-true juices and juice drinks.  As Packaged Facts' Fruit and Vegetable Juices: U.S. Market Trends points out, despite the rush to create new and exciting flavors and textures for juices and juice drinks, many of the most old-fashioned flavors and products still have a hold on American consumers.  Apple is a juice flavor used most by 65 million households, and orange juice still reigns as king of the mass market. 
 

As might be expected, when it comes to traditional juice flavors, there are significant differences between the preferences of younger and older consumers.  For example, consumers 55 years old and over have a higher likelihood of preferring cranberry juice and cranberry juice blends, while consumers under the age of 35 are more likely to favor tropical, pineapple, lemonade, lemon/lime, grape, fruit punch and cherry flavors.

There is just one fruit juice flavor with the power to fully bridge generational boundaries.  Younger Millennials (those in the 18- to 24-year-old age group) are about as likely as those in the 65+ age group to say that prune is a juice flavor they use most. 
For more information on Fruit and Vegetable Juices: U.S. Market Trends (April 2013), please see http://www.packagedfacts.com/Fruit-Vegetable-Juices-7497441/
 

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