Orange Global Market Report 2024

The orange is a citrus fruit classified under the species Citrus sinensis, recognized for its round shape, bright orange peel, and delightful sweet-tart flavor. Thriving in warm climates, oranges are not only popular for fresh consumption but also have various culinary applications. Rich in vitamin C, antioxidants, and dietary fiber, they are considered a healthy and versatile fruit.

The primary types of oranges include sweet orange, navel orange, blood orange, and red orange. Sweet oranges are celebrated for their juicy flavor and vibrant hue, making them rich in vitamin C and antioxidants. They are commonly consumed fresh and are widely used in juice production, particularly in warm regions. Distribution channels for sweet oranges encompass supermarkets, convenience stores, online retail, and farmer's markets. Their applications include fresh consumption, juices, marmalades, and various culinary uses. End-users range from households to the food and beverage industry, as well as pharmaceuticals and cosmetics.

The orange market research report is one of a series of new reports from The Business Research Company that provides orange market statistics, including orange industry global market size, regional shares, competitors with an orange market share, detailed orange market segments, market trends, and opportunities, and any further data you may need to thrive in the orange industry. This orange market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The orange market size has grown strongly in recent years. It will grow from $3.44 billion in 2023 to $3.64 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth observed during the historical period can be attributed to several factors, including the rising global demand for vitamin C-rich fruits, the expansion of citrus farming in favorable climates, the increasing popularity of orange juice as a breakfast staple, and the growth of citrus-related industries such as essential oils and fragrances. Additionally, there has been a growing demand for processed orange products.

The orange market size is expected to see strong growth in the next few years. It will grow to $4.63 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth during the forecast period can be attributed to several factors, including a rising consumer interest in plant-based diets, increased awareness of health benefits beyond just vitamin C, a demand for natural flavorings in the food and beverage sector, higher orange consumption in emerging markets, and government initiatives promoting sustainable farming practices. Key trends expected in this period include a growing demand for organic and sustainably sourced oranges, the development of new orange varieties with enhanced flavor and shelf life, a preference for fresh, locally sourced produce, an expanding use of oranges in functional foods, and innovations in citrus-based wellness products.

The increasing demand for nutritious and natural food is projected to drive the growth of the orange market in the future. Nutritious and natural foods are characterized by minimal processing, the absence of additives, and a rich content of essential nutrients, which offer health benefits and promote overall well-being. The rising health consciousness among consumers has fueled the demand for these foods, leading people to prioritize options that support long-term wellness and disease prevention. Oranges, known for their high vitamin C content, enhance immunity and skin health, while their dietary fiber aids digestion. Additionally, oranges are rich in antioxidants and provide natural sweetness, making them both nutritious and flavorful. For example, in April 2023, the Central Statistics Office Ireland, an Irish government agency, reported a wheat yield increase of 0.1 tons per hectare in 2022, while oats experienced a more substantial rise of 0.2 tons per hectare. In terms of overall production, wheat saw an increase of 57,600 tons compared to June 2021, significantly outpacing the oat production increase of 3,300 tons during the same timeframe. Consequently, the demand for nutritious and natural foods is propelling the growth of the orange market.

Key companies within the orange market are focusing on cultivating advanced orange varieties, such as yellowing-resistant oranges, to improve fruit quality and cater to consumer preferences for visually appealing products. Yellowing-resistant varieties are specifically bred to resist yellowing caused by diseases, pests, or environmental conditions. These oranges maintain their vibrant color and quality, enhancing their market appeal. For instance, in June 2023, Embrapa, a Brazil-based agricultural research corporation, collaborated with the Coopercitrus Credicitrus Foundation and the Sylvio Moreira Citriculture Center to introduce Navelina XR. This is the first orange tree naturally resistant to the bacterium responsible for yellowing, enabling it to thrive in regions where other varieties struggle due to citrus variegated chlorosis (CVC). Navelina XR produces seedless fruit similar to Baianinha oranges and matures early to mid-season, maintaining quality on the tree even after reaching commercial maturity, although some granulation may occur. At four years old, it yields an average of 33 pounds per plant, increasing to 220 pounds at ten years old. This variety is particularly well-suited for the milder climates of Sao Paulo and simplifies farming practices by reducing the need for extensive pruning and vector control, which are common with other CVC-affected varieties.

In September 2022, The Natural Fruit Company, a Spain-based citrus fruit producer, acquired S.G. Marzal for an undisclosed amount. This acquisition strengthens TNFC's strategy to consolidate the citrus sector by integrating specialized companies and expanding its footprint in the blood orange market. S.G. Marzal is known for producing and commercializing Sanguinelli blood oranges.

Major companies operating in the orange market are Citrosuco S.A., Sun Pacific Inc., Wonderful Citrus LLC, Sucocitrico Cutrale Ltd., Citrus World Inc., Del Monte Fresh Produce, Limoneira Company, Bee Sweet Citrus Inc., Yantai North Andre Juice Co. Ltd., Sunkist Growers Inc., Alico Inc., Peace River Citrus Products, Southern Gardens Citrus, Vita-Pakt Citrus Products, Rio Grande Juice Company, Kings River Packing, Lemon Concentrate S.L., Golden Star Citrus Inc., Rancho Del Sol Organics, Redbelly Citrus, Scorzamara

North America was the largest region in the orange market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orange market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the orange market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The orange market consists of sales of orange powder, orange concentrate, orange essential oils, and orange peel. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Orange Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on orange market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for orange ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The orange market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Type: Sweet Orange; Navel Orange; Blood Orange; Red Orange
• 2) By Distribution Channel: Supermarkets; Convenience Stores; Online Retail; Farmer's Markets
• 3) By Application: Fresh Consumption; Juices; Marmalades; Culinary Use
• 4) By End-User: Households; Food And Beverage Industry; Pharmaceuticals; Cosmetics
• Companies Mentioned: Citrosuco S.A.; Sun Pacific Inc.; Wonderful Citrus LLC; Sucocitrico Cutrale Ltd.; Citrus World Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.