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Top Market Shifts Transforming the Orange Juice Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Orange Juice Market Through 2025?
The size of the orange juice market has witnessed significant growth in recent years. It is forecasted to increase from $5.24 billion in 2024 to $5.58 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.6%. The growth observed in the previous phase is credited to factors such as the discovery of vitamin C, advancements in packaging technology, the popularity of breakfast culture, growing health consciousness, wellness trends, and the surge in convenience food.
What's the Projected Size of the Global Orange Juice Market by 2029?
In the forthcoming years, a robust upsurge is expected in the size of the orange juice market, with projections for it to reach $7.29 billion in 2029. This corresponds to a compound annual growth rate (CAGR) of 6.9%. This anticipated growth during the forecasted period can be credited to factors such as health and wellness trends, the focus on premium and organic segments, innovative blends and flavors, sustainable and ecologically-friendly packaging, and the diversity of distribution channels. Key trends seen in this period are reduction in sugar and low-calorie alternatives, clean labels and natural ingredients, emphasis on immune system health, the DIY and home juicing culture, and the use of regional and exotic fruit blends.
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Top Growth Drivers in the Orange Juice Industry: What's Accelerating the Market?
The heightened awareness of health among customers is anticipated to fuel the expansion of the orange juice market in the future. Individuals who are conscientious about their health are proactive in their concern for their wellbeing, making conscious decisions to enhance and maintain their physical, mental, and emotional health. Such individuals opt for wholesome beverages rich in vitamin C, antioxidants, potassium citrate, and other minerals, all of which strengthen the immune system, foster good health, and provide a nutritious option for a balanced diet. For example, the Office for National Statistics, a governmental department based in the UK, reported in July 2023 that from May to June 2023, 86.5% of adults in Great Britain made lifestyle modifications to address environmental concerns. Consequently, this increasing attention to health among consumers is driving the growth of the orange juice market.
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What Trends Will Shape the Orange Juice Market Through 2029 and Beyond?
The trend of product innovation is significantly influencing the orange juice market, with leading companies concentrating on creating novel products to bolster their market stance. For example, Louis Dreyfus Company B.V. (LDC), an agriculture and food processing firm based in France, launched an innovative product in November 2022. This product, made from not-from-concentrate (NFC) orange juice, boasts of a reduced sugar level and superior quality, with a 30% decrease in natural sugar content and a more than threefold increase in dietary fiber content. The exciting part is the maintenance of the product's original taste (Brix value) and vitamin C content.
What Are the Main Segments in the Orange Juice Market?
The orange juice market covered in this report is segmented -
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 Packaging
4) By Distribution Channel: Food And Beverage Industry, Food Service Provider, Super markets And Hyper markets, Convenience stores, Specialty Food stores, Online retail
Subsegments:
1) By Frozen Concentrated Orange Juice: Single Strength Frozen Concentrate, Double Strength Frozen Concentrate
2) By Not From Concentrate: Pasteurized Not From Concentrate, High Pressure Processed (HPP) Not From Concentrate
3) By Canned Orange Juice: Canned Ready-To-Drink Orange Juice, Canned Concentrated Orange Juice
4) By Fresh-Squeezed Orange Juice: Fresh-Squeezed Bottled Juice, Fresh-Squeezed Bulk Juice
5) By Dehydrated Orange Juice: Powdered Orange Juice, Granulated Orange Juice
6) By Other Product Types: Organic Orange Juice, Flavored Orange Juice, Orange Juice Blends
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Which Top Companies are Driving Growth in the Orange Juice Market?
Major companies operating in the orange juice market include 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., Sunny Delight Beverages Co., Naked Juice, Langer Juice Company, Vita Coco, Natalie's Orchid Island Juice Company, Martinelli's, Evolution Fresh, Tropicana Products, Santa Cruz Organic, Florida's Natural Growers, Simply Beverages, Lakewood Organic, Biotta, Uncle Matt's Organic, Purity Organic LLC, Hawaiian Punch, Bluebird Orange Juice
Which Regions Will Dominate the Orange Juice Market Through 2029?
North America was the dominant region in the orange juice market in 2024. The regions covered in the orange juice market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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