The Business Research Company’s Orange Juice Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Orange Juice Global Market Report 2023 evaluates orange juice market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global orange juice market is expected to grow from $4.65 billion in 2022 to $4.92 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The orange juice market is expected to reach $6.15 billion in 2027 at a CAGR of 5.7%.
Increasing health consciousness among consumers is expected to propel the growth of the orange juice market going forward. A health-conscious person is actively concerned about their health and makes deliberate choices to enhance and preserve it by prioritizing their physical, mental, and emotional health. Health-conscious individuals use a healthy beverage with a high concentration of vitamins C, antioxidants, potassium citrate, and other minerals that boost immunological function, promote health, and offer a nutritious choice for a well-balanced diet. For instance, according to the Food and Health Survey 2022 among 1,005 Americans aged 18 to 80, published by the International Food Information Council, a US-based non-governmental organization to support the food, beverage, and agricultural industries, approximately 52% of Americans followed a diet or eating pattern in the previous year, a significant rise from last year (39% in 2021, 43% in 2020, 38% in 2019), which is unrelated to the two new options this year, mindful eating and intuitive eating. Therefore, the increasing health consciousness among consumers drives the orange juice market.
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The orange juice market segments in the report are:
1) By Product Type: Frozen Concentrated Orange Juice, Not From Concentrate, Canned Orange Juice, Fresh-Squeezed Orange juice, Dehydrated Orange Juice, Other Product Types
2) By Category: Organic, Conventional
3) By Packaging: Cartons, Polypropylene (PP) Material Bottle, Metal Can, Other Packagings
4) By Distribution Channel: Food and Beverage Industry, Food Service Provider, Supermarkets And Hypermarkets, Convenience stores, Specialty food stores, Online retail
The table of contents in TBRC’s orange juice market report includes:
- Executive Summary
- Orange Juice Market Characteristics
- Orange Juice Market Trends And Strategies
- Orange Juice Market – Macro Economic Scenario
- Orange Juice Market Segmentation.
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- Global Orange Juice Market Competitive Benchmarking
- Global Orange Juice Market Competitive Dashboard
- Key Mergers And Acquisitions In The Orange Juice Market
- Orange Juice Market Future Outlook and Potential Anal
- Appendix
Top Major Players:
- Trader Joe’s
- Dole Plc
- M. Smucker Company
- Whole Foods
- Ocean Spray
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