Orange Juice Market Report 2023-2032: Market Size, Growth Drivers And Key Trends

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Orange Juice Global Market Report 2023 identifies Increasing health consciousness among consumers as the major driver for the Orange Juice market's growth in the forecast period. 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.

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%.
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Major competitors in the Orange Juice market are Trader Joe's, Dole Plc., J.M. Smucker Company, Whole Foods, Ocean Spray, Minute Maid, Welch Foods Inc., Bolthouse Farms, Tree Top Inc., Odwalla Inc.

A key trend in the Orange Juice market includes product innovation. Major companies operating in the orange juice market are focused on developing innovative products to strengthen their position in the market. For instance, in November 2022, Louis Dreyfus Company B.V. (LDC), a France-based agriculture and food processing company, introduced a new product made from not-from-concentrate (NFC) orange juice with reduced sugar content and high quality. The novel product is manufactured from not-from-concentrate (NFC) orange juice, displaying a 30% drop in natural sugar content and more than trebling dietary fiber content while keeping the original flavor (Brix value) and vitamin C level.

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The Orange Juice market is segmented -
• By Product Type: Frozen Concentrated Orange Juice, Not From Concentrate, Canned Orange Juice, Fresh-Squeezed Orange juice, Dehydrated Orange Juice, Other Product Types
• By Category: Organic, Conventional
• By Packaging: Cartons, Polypropylene (PP) Material Bottle, Metal Can, Other Packagings
• By Distribution Channel: Food and Beverage Industry, Food Service Provider, Supermarkets And Hypermarkets, Convenience stores, Specialty food stores, Online retail
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Orange Juice market.

The Business Research Company's "Global Orange Juice Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Orange Juice Market Include:

1. Executive Summary
2. Orange Juice Market Characteristics
3. Orange Juice Market Trends And Strategies
4. Orange Juice Market - Macro Economic Scenario
5. Global Orange Juice Market Size and Growth
……………………………………………………………...
32. Global Orange Juice Market Competitive Benchmarking
33. Global Orange Juice Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Orange Juice Market
35. Orange Juice Market Future Outlook and Potential Analysis
36. Appendix

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