Orange Juice Market Trends, Top Companies, Share, Growth And Forecast 2033 


The new report published by The Business Research Company, titled Orange Juice Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the orange juice market size has grown strongly in recent years. It will grow from $4.92 billion in 2023 to $5.21 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The orange juice market size is expected to see strong growth in the next few years. It will grow to $6.59 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.

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Surging Health Consciousness Propels Growth In The Orange Juice Market
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), 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.

Innovative Nfc Orange Juice To Cater To Evolving Consumer Tastes
Product innovation is a key trend gaining popularity in the orange juice market. 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.

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 Packagings
4) By Distribution Channel: Food and Beverage Industry, Food Service Provider, Supermarkets And Hypermarkets, Convenience stores, Specialty food stores, Online retail

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Major companies operating in the orange juice market report 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., 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.

Contents of the report:
1. Executive Summary
2. Orange Juice Market Report Structure
3. Orange Juice Market Trends And Strategies
4. Orange Juice Market - Macro Economic Scenario
5. Orange Juice Market Size And Growth
…..
27. Orange Juice Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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