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Sunshine Juices is trying to assess its competitive position in the U.S. pomegranate juice drink market. Last year, this market was worth $331.4 million. Leading
Sunshine Juices is trying to assess its competitive position in the U.S. pomegranate juice drink market. Last year, this market was worth $331.4 million. Leading brands in this market (with their retail sales) included:
Bryce Family Farms $74.1 million
Sunshine Juices $75.1 million
Orchard Life $57.4 million
Middle Earth Foods $43.1 million
Calculate Sunshine Juices' relative market share in this market. Round your answer to the nearest tenth of a percent. Report 27.5%, for example, as "27.5".
ANS: 101.3
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