Investing in a natural juice factory in Yemen represents a promising investment opportunity in 2022, particularly in light of Yemen’s Vision 2030, which aims to advance the national economy, strengthen the foundations of economic stability, increase the country’s exports, and raise per capita GDP by accelerating industrialization and encouraging public-private partnerships.
What is a natural juice factory?
Natural juices are produced through fermentation and pasteurization of certain types of ripe fruit, then processed using appropriate preservation methods, ensuring the product retains the qualities and nutritional value of fresh fruit. The natural juice industry has witnessed remarkable development over the past three decades, with the emergence of many innovative varieties based on blending two or more types into a single mixture.
The natural juice factory in Yemen produces various sized packages of apple, berry, grape, mango, and orange juices. The natural juice factory relies on modern production lines and trained staff. Targeting a wide range of sectors, including wholesalers, retailers, restaurants, hotels, and shopping malls, it will be able to capture a significant share of the Yemeni food and beverage market.
In 2021, the value reached Natural juice market The global fruit market is valued at approximately $141 billion. The value is expected to rise. The global natural juice market is expected to reach USD 182 billion by 2027, growing at a CAGR of 4.31% during the period (2022-2027).
The Gulf countries are among the most important global markets for natural juices. Due to the hot weather prevailing in the countries of the region, which increases the demand for Natural juices play a significant role in hydrating the body, as they are an important source of vitamins, minerals, sugars, and fibers that help facilitate the digestion process.
The latest official statistics indicate that Yemen produces approximately 903,472 tons of fruit, with a financial value estimated at approximately 213,507 million riyals. Meanwhile, Yemen imported natural fruit juices worth $106.3 million in 2021, a value expected to reach $214 million by 2027.
Based on its general analysis of the food and beverage market and its specific analysis of the juice market in Yemen, Mashroo3k Consulting confirms that a natural juice factory project in Yemen represents a promising investment opportunity.
For more details on the latest economic indicators and investment opportunities in Yemen, as well as the most prominent funding agencies supporting successful investment projects in the country, you can contact the investor services team at Mashroo3k Consulting.
