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Juices - Mauritius

Mauritius

  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Juices market amounts to US$*****m in ****.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$****m in ****.
  • Revenue, combined amounts to US$*****m in ****.
  • The revenue, at home is expected to grow annually by ****% (CAGR *********).
  • In global comparison, most revenue, at home is generated United States (US$**bn in ****).
  • In relation to total population figures, the average revenue per capita, at home of US$***** are generated in ****.
  • In the Juices market, volume, at home is expected to amount to *****m L by ****.
  • Volume, out-of-home is expected to amount to ******k L in ****.
  • Volume, combined is expected to amount to *****m L in ****.
  • The Juices market is expected to show a volume growth, at home of ***% in ****.
  • The average volume per person, at home in the Juices market is expected to amount to *****L in ****.

Revenue

Volume

KeyPlayers

Price

Sales Channels

Global Comparison

Analyst Opinion

The Juices market in Mauritius is experiencing significant growth and development, driven by changing customer preferences and local special circumstances.

Customer preferences:
Customers in Mauritius are increasingly seeking healthier beverage options, leading to a growing demand for juices. With rising health consciousness and a desire for natural and organic products, consumers are opting for juices that are free from artificial additives, preservatives, and sweeteners. Additionally, there is a growing preference for juices made from locally sourced fruits, as consumers value supporting local farmers and reducing their carbon footprint.

Trends in the market:
One of the key trends in the Juices market in Mauritius is the increasing popularity of cold-pressed juices. Cold-pressed juices are made by using a hydraulic press to extract juice from fruits and vegetables, which helps to retain more nutrients and enzymes compared to traditional methods. This trend is driven by the growing demand for healthier and more nutritious beverages. Cold-pressed juices are often marketed as detoxifying and rejuvenating, appealing to health-conscious consumers. Another trend in the market is the introduction of innovative juice flavors and blends. Manufacturers are constantly experimenting with different fruit combinations and adding unique ingredients to create new and exciting flavors. This trend caters to the evolving taste preferences of consumers and provides them with a wider range of options to choose from. Additionally, manufacturers are also focusing on developing juices with functional benefits, such as immunity-boosting or energy-enhancing properties, to meet the specific needs of consumers.

Local special circumstances:
Mauritius is known for its abundant supply of tropical fruits, such as mangoes, pineapples, and passion fruits. This availability of a wide variety of fruits provides a competitive advantage to local juice manufacturers, as they can source fresh and high-quality ingredients locally. The use of local fruits not only enhances the taste and flavor of the juices but also supports the local economy and reduces import dependence. Furthermore, the tourism industry plays a significant role in driving the demand for juices in Mauritius. The country attracts a large number of tourists every year who are looking to experience the tropical flavors of the island. Hotels, resorts, and restaurants cater to this demand by offering a wide range of juices made from local fruits, providing visitors with an authentic taste of Mauritius.

Underlying macroeconomic factors:
The growing middle-class population and increasing disposable income levels in Mauritius are contributing to the growth of the Juices market. As consumers have more purchasing power, they are willing to spend on premium and healthier beverage options, including juices. This trend is further supported by the expanding retail sector, with supermarkets and convenience stores offering a wide range of juice products to cater to the growing demand. In conclusion, the Juices market in Mauritius is experiencing growth and development due to changing customer preferences, local special circumstances, and underlying macroeconomic factors. The demand for healthier and more natural beverages, the introduction of innovative flavors, the availability of local tropical fruits, and the influence of the tourism industry are all contributing to the expansion of the market. With the increasing disposable income and expanding retail sector, the future looks promising for the Juices market in Mauritius.

Methodology

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

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