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Orange Juice Market Size
- Report ID: GMI5911
- Published Date: Jun 2023
- Report Format: PDF
Orange Juice Market Size
Orange Juice Market size surpassed USD 6.5 Billion in 2023 and is anticipated to expand 5.5% from 2024 to 2032.
Increasing consumer awareness regarding the health benefits of orange juice, such as vitamin C content, antioxidants, and immune-boosting properties, has fuelled the industry demand. Ready-to-drink packaged orange juice products are gaining popularity due to their convenience, ease of consumption, and on-the-go nature. Consumers are showing a preference for premium and natural orange juice products, including organic, cold-pressed, and freshly squeezed options.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Orange Juice Market Size in 2023: | USD 6.5 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.5% |
| 2032 Value Projection: | USD 7.9 Billion |
| Historical Data for: | 2018 to 2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 181 |
| Segments covered: | Processing Type, Distribution Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The orange juice market growth, driven by factors such as increasing consumer demand for healthy beverages, product innovation, and expanding distribution channels. Market players are expected to focus on sustainable sourcing, production processes, and packaging to meet evolving consumer expectations and regulatory requirements. Emerging markets, particularly in Asia-Pacific and Latin America, offer significant growth potential due to rising urbanization, changing consumer lifestyles, and increasing disposable incomes.
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Orange Juice Market Scope
