Global Orange Juices Market, By Storage Requirement (Normal Temperature and Chilled), Products (Juice, Nectar, and Still Drinks), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Food Stores, and Online Retail) - Industry Trends and Forecast to 2023 to 2030.
Orange Juices Market Analysis and Size
The essential factors contributing to the growth of the global orange juices market in the forecast period of 2023 to 2020 include consumers' changing lifestyles and eating habits and growing packaging innovation of fruit juices.
Data Bridge Market Research analyses that the global orange juices market, which was USD 16.48 billion in 2022, is expected to reach USD 22.36 billion by 2030, growing at a CAGR of 4.0% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Orange Juices Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Storage Requirement (Normal Temperature and Chilled), Products (Juice, Nectar and Still Drinks), Distribution Channel (Supermarkets And Hypermarkets, Convenience Stores, Specialty Food Stores, and Online Retail)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa
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Market Players Covered
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Astral Foods (South Africa), Bar-S Foods (U.S.), Campofrio Food Group (Spain), Cargill, Incorporated (U.S.), Carolina Packers Inc (U.S.), China Yurun Food Group Ltd (China), Charoen Pokphand Group (Thailand), Farmland Foods (U.S.), Danish Crown (Denmark), Hormel Foods Corporation (U.S.), JBS (Brazil), Johnsonville, LLC (U.S.), The Kraft Heinz Company (U.S.), Kunzler & Company, Inc. (U.S.), Kraft Foods (U.S.), NongHyup (South Korea), Pilgrim's (U.S.), Samworth Brothers (U.K.), Triumph Foods, LLC (U.S.), and Tyson Foods, Inc (U.S.)
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Market Opportunities
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Market Definition
Orange juice is a type of unfermented liquid obtained from different varieties of oranges, such as clementine, tangerine and Valencia. It is basically obtained by either squeezing oranges by hand or with the help of specifically designed machines. It has to be consumed instantly and is processed and packaged by manufacturers to enhance its shelf life.
Global Orange Juices Market Dynamics
Drivers
- The Changing Lifestyle and Eating Habits of the Consumer
Consumers' changing lifestyles and eating habits have resulted in an increased intake of affordable, healthy, and quick sources of nutrition, such as orange juices, catalyzing market growth. Increased awareness of the health benefits of consuming orange juice, particularly its high vitamin C content and potential antioxidant properties, has driven demand for the product.
- The Growing Packaging and Product Innovations to Attract Consumers
Convenience packaging for all consumers is the key factor in attracting consumers to purchase fruit juice and vegetable juice. Companies are concentrating on product innovation in order to influence consumers through various marketing strategies such as advertisements and effective distribution, among others. Customers prefer natural fruit juice concentrates or juices that are 100 percent fruit (concentrated juice).
Opportunities
- Rising Investments in Research & Development
Rising research and development expenditures, particularly in developed and developing economies, will create even more lucrative market growth opportunities. The research and development capabilities being used to study the effects of juices on the immune system are also boosting market growth rates. The low and minimal investment required has increased the number of vendors on the roads on a daily basis. This is yet another important determinant of market growth.
Restraints/Challenges
- Rising Awareness Regarding High Sugar Content in Orange Juices
The fiber content of packaged juices is very low, while the fructose content is very high, which can lead to an increase in the body's insulin levels. Fitness enthusiasts and health-conscious people, on the other hand, prefer freshly squeezed juices to packed juices because they do not want to overload their bodies with sugar while leading a healthy lifestyle. This factor is increasing demand for freshly packaged juices while slowing the growth of the global orange juices market.
This orange juices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global orange juices market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In November 2022, Louis Dreyfus Co. BV developed a new product made from not-from-concentrate orange juice with sugar reduced by 30% and dietary fiber content tripled. The original Brix value and vitamin C level were preserved. A Louis Dreyfus R&D team in Bedebouro, Brazil, worked for five years to develop a process to reduce sugar in orange juice. A commercial rollout is planned for early 2023 in China. The new product should eventually be available worldwide
Global Orange Juices Market Scope
The global orange juices market is segmented on the basis of storage requirements, products and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Storage Requirements
- Normal Temperature
- Chilled
Products
- Juice
- Nectar
- Still Drinks
Distribution Channel
- Supermarkets And Hypermarkets
- Convenience Stores
- Specialty Food Stores
- Online Retail
Global Orange Juices Market Regional Analysis/Insights
The global orange juices market is analyzed, and market size insights and trends are provided by country of storage requirements, products and distribution channel as referenced above.
The countries covered in the global orange juices market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa.
North America is expected to dominate the global orange juices market due to increased consumption of juices and increasing demand for healthier alternatives such as cold-pressed juices and fruit and vegetable blends, and the increasing presence of cognizant consumers and adoption of healthy eating habits in this region.
Asia-Pacific is the expected region in terms of growth in the global orange juices market due to rising demand for healthier options, rising rapid investment in research and development activities and changing consumer perceptions towards nutrition in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Orange Juices Market Share Analysis
The global orange juices market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global orange juices market.
Some of the major players operating in the global orange juices market are:
- Astral Foods (South Africa)
- Bar-S Foods (U.S.)
- Campofrio Food Group (Spain)
- Cargill, Incorporated (U.S.)
- Carolina Packers Inc (U.S.)
- China Yurun Food Group Ltd (China)
- Charoen Pokphand Group (Thailand)
- Farmland Foods (U.S.)
- Danish Crown (Denmark)
- Hormel Foods Corporation (U.S.)
- JBS (Brazil)
- Johnsonville, LLC (U.S.)
- The Kraft Heinz Company (U.S.)
- Kunzler & Company, Inc. (U.S.)
- Kraft Foods (U.S.)
- NongHyup (South Korea)
- Pilgrim's (U.S.)
- Samworth Brothers (U.K.)
- Triumph Foods, LLC (U.S.)
- Tyson Foods, Inc (U.S.)
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