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Orange Juice Market Trends

Report ID: GMI5911
Published Date: Jun 2023
Report Format: PDF

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Orange Juice Market Trends

North America represents a mature region for orange juice market, with a high level of consumption and established distribution channels. Health consciousness and demand for nutritious beverages drive the market, with a growing preference for natural, organic, and cold-pressed orange juice products. The U.S. dominates the market with consumers valuing quality, taste, and convenience. Dipentene, also known as limonene, is a natural compound found in the peels of citrus fruits, including oranges. Dipentene has a strong citrus aroma and is commonly utilized as a flavoring and fragrance ingredient.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of orange juice exceeded USD 6.5 Billion in 2023 and is expected to grow at 5.5% CAGR during 2024 to 2032, owing to the increasing consumer awareness regarding the health benefits of product, such as vitamin C content, antioxidants, and immune-boosting properties.

The orange juice industry revenue from convenience stores was worth USD 1.4 Billion in 2022 and will attain 4.8% gains till 2032. These retail outlets offer single-serve orange juice bottles or smaller packaging formats, making it convenient for consumers to grab a refreshing beverage while on the move.

Asia Pacific orange juice industry size will experience a robust growth from 2023-2032, driven by rising disposable incomes, urbanization, and changing lifestyles, in consort with increasing health awareness among the populace.

Companies such as Citrosuco, Sucocitrico Cutrale, Agroterenas Terras, Louis Dreyfus Company (LDC), Citrofrut, and Food Specialties Limited are recognized as leading manufacturers of orange juice.