United States Cranberry Juice Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The United States is grappling with a significant challenge: the recycling of general-purpose plastics. Despite heightened environmental awareness, the nation's plastic recycling rate has plummeted, with the Environmental Protection Agency (EPA) reporting a decrease from 8.7% in 2018 to a mere 5-6% in 2021. citeturn0search0 This decline is alarming, especially considering the surge in plastic waste generation, which has escalated from 60 pounds per person annually in 1980 to 218 pounds in 2018—a staggering 263% increase. citeturn0search0
Several factors contribute to this downward trend. Historically, the U.S. exported a substantial portion of its plastic waste to countries like China and Turkey. However, recent bans and restrictions by these nations have forced the U.S. to confront its recycling inefficiencies. The complexity of sorting various plastic types and contamination issues further hinder effective recycling processes. citeturn0search0
In response, both the public and private sectors are taking action. Legislative measures, such as New Jersey's proposed bill aiming for all packaging to be recyclable or compostable by 2034, exemplify state-level initiatives to address plastic waste. citeturn0news24 On the corporate front, Exxon Mobil Corp has announced a $200 million investment to expand its plastic recycling operations in Texas, with plans to process 1 billion pounds of plastic waste annually by 2027 using advanced pyrolysis techniques. citeturn0news23
Technological advancements also offer hope. Startups like Reju are pioneering chemical recycling processes that break down polyester into its chemical components, allowing for the production of high-quality polyester that can be recycled indefinitely without degradation. citeturn0news28 These innovations could revolutionize the recycling landscape by making it more efficient and economically viable.
However, challenges persist. The cost of recycling often surpasses that of producing virgin plastic, and the infrastructure for collecting and processing recyclable materials remains inadequate. Moreover, public awareness about what can and cannot be recycled is limited, leading to contamination in recycling streams. citeturn0news29
Addressing these issues requires a multifaceted approach. Enhanced consumer education, improved recycling infrastructure, and robust legislative frameworks are essential. Additionally, fostering collaboration between corporations, governments, and consumers is crucial to developing sustainable solutions. As the demand for recycled materials grows, particularly in sectors like packaging and automotive manufacturing, the U.S. plastic recycling market is projected to expand from $3.16 billion in 2023 to $5.89 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.16%. citeturn0search1
In conclusion, while the challenges in the U.S. general-purpose plastics recycling market are substantial, ongoing efforts in policy reform, technological innovation, and public engagement offer a pathway toward a more sustainable future. By addressing these issues collectively, the nation can work towards mitigating the environmental impact of plastic waste.
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Atoka
Ocean Spray
Cliffstar Corporation
Clement Pappas
Decas Cranberries
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Cranberry Juice Market
100% Cranberry Juice
Cranberry Juice Blends
Organic Cranberry Juice
Cranberry Juice Concentrates
Supermarkets/Hypermarkets
Online Retailers
Specialty Stores
Convenience Stores
Bottles
Cans
Cartons
Pouches
Households
Foodservice Industry
Healthcare Providers
Cosmetic and Skincare Industry
Sweetened
Unsweetened
Mixed Flavors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Cranberry Juice Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Cranberry Juice Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Cranberry Juice Market, By Type
6. US Cranberry Juice Market, By Application
7. US Cranberry Juice Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Cranberry Juice Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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