Report

Global Orange Market Report and Forecast 2032

184 pages Sep 2024
Global Orange Market Report an

Global Orange Market Report and Forecast 2032

By Type of Orange (Sweet, Naval, Blood, Red), By Form of Serving (Powder, Concentrate, Juice), Production Analysis (Volume), Consumption Analysis (Value and Volume), Import Analysi...s (Value and Volume), Export Analysis (Value and Volume), and Price Trend Analysis Covering Major Producing and Consuming Countries of Oranges (Brazil, China, India, Mexico, United States, Italy, Spain, Egypt, South Africa, Indonesia, and Turkey) Read more

  • Food & Beverages
  • Pages : 184
  • Sep 2024
  • Report Format :  

    Forbes Logo Forbes Logo Forbes Logo

Orange Market Insights & Analysis

The Global Orange Market is anticipated to register a CAGR of around 3.89% during the forecast period, i.e., 2024-32. Also, the market size was valued at nearly USD 3.85 billion in 2024. Oranges are the most popular citrus fruit framed in most nations, behind bananas & apples, accounting for over 50% of the world’s citrus manufacturing. Oranges also considerably contribute to the majority of the world’s citrus fruit production. Mandarins, sweet oranges, and limes are the most popular citrus fruits. Every area has a large number of orange cultivars or kinds, but three are particularly important, Australia’s Lane Late, Spain’s Navelate, and California’s Newhall.

Orange extract is a concentrated liquid made from oranges that preserves the flavor & fragrance of the fruit. It is frequently employed as a flavoring element in a variety of culinary processes, including the preparation of baked goods & cooked meals. Orange peels are usually used in the extraction process to extract essential oils or to draw flavor components out using a solvent. The rising demand for flavoring-derived orange extract is the primary aspect propelling the market expansion for orange extracts. In the coming years, demand for orange extracts is expected to be driven by the constantly growing food & beverages industry. Orange farmers, especially those in underdeveloped nations, have numerous challenges. The lack of a processing factory, inadequate packaging, and additional storage facilities close to the production site are all necessary for farmers.

Global Orange Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2024-2032): 3.89%

  • Market Value 2024: USD 3.85 billion

  • Fastest Growing Market: North America

  • Major Players: Berje Inc., Citrosuco, Citrus World Inc., Hyatt Fruit Co., INDIAN RIVER FRUIT Co., LEMONCONCENTRATE SLU, Nielsen Citrus Products Co. Inc. and Others

In addition, the requirement for a sufficient irrigation system results in a decline in orange yield. The farmers of organic oranges require assistance with sales, certification, and trade. Owing to these issues, farmers have to spend more money, which means that producers of orange extract require assistance in promoting fluctuations in the price of raw materials. Consequently, fluctuating raw material costs have the potential to hinder orange extract production volume & raise costs. This could impede Orange Industry expansion during the projected years.

Moreover, orange production is aided by excellent growing seasons & global meteorological conditions. Government regulations, biostress, and environmental conditions are some of the main influences on orange production. Also, one of the key producers of oranges worldwide is Brazil & countries in the European Union, as they account for nearly 60% of the world’s orange trade. These nations are at the center of the global orange trade, and China, Turkey, and the US are a few leading importers.

Furthermore, the USDA research states that in the following years, fresh orange output in South Africa is expected to grow at a fair rate. The surge in harvested area & the season-long above-average rainfall in the central growing regions are the key causes of this gain. Also, South Africa exports oranges to over 100 nations globally, with the European Union continuing to be the nation’s top orange export destination, taking up more than 40% of total exports. However, these orange exports have been impacted recently by the EU’s concerns over Citrus Black Spot and False Coding Moth. Therefore, it is expected that the Global Orange Market share would expand in the forthcoming years due to the enhanced production, consumption, and trading of oranges.

Orange Market Dynamics

  • Developing Food & Beverage Sector to Push Market Demand

The market for oranges is significantly influenced by the continued growth of the global food & beverage industry. The demand for flavoring agents rises with industry growth, and orange extract finds widespread application across a range of product categories. To flavor cakes, pastries, cookies, and other sweet delights, orange extract is frequently used in baking. Its citrus overtones provide beaked items with a unique, organic flavor that goes well with them. For example, orange extract is an essential component of cupcakes, muffins, and citrus-infused chocolates.

Moreover, there is a substantial market for the food & beverage business to expand, orange extract is utilized in a wide range of items, including sauces, drinks, desserts, and snacks. As it may add a natural & lively citrus flavor, it is a popular choice among food & beverage manufacturers trying to satisfy customer expectations for authentic & appealing tastes.  Additionally, the food & beverage sectors’ movement toward clean-label & natural ingredients is supporting the Orange Market expansion by raising consumer demand for natural flavorings like orange extract.

  • Dependence on Agriculture & Seasonal Variability to Hinder the Orange Market Growth

The production of orange extract is gradually influenced by the seasonality of orange farming. There are specific seasons for harvesting oranges, and the amount & quality of the fruit can be affected by weather aspects, including temperature & precipitation. Owing to its seasonality, oranges are difficult to find throughout the year, which could cause problems for the Orange Market.

Furthermore, the United Nations Food and Agriculture Organization (FAO) states that citrus fruits, particularly oranges, are influenced by the natural environment & weather. Citrus crops are susceptible to frost & high temperatures during the flowering or fruit development stages, which can have an impact on harvest. Due to this cyclical unpredictability, it is difficult to keep an adequate supply of oranges available for extraction all year long. Also, orange extraction supply on the market may fluctuate as a result, which may have an impact on pricing & producers’ capacity to reliably meet consumer demand, thus limiting the Orange Market expansion.

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Global Orange Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Size, By Volume (In Billion Units)
    3. Market Share, By Type of Orange
      1. Sweet Orange
      2. Navel Orange
      3. Blood Orange
      4. Red Orange
    4. Market Share, By Form of Serving
      1. Powder
      2. Concentrate
      3. Juice
    5. Market Share, By Region, By Country
      1. North America
        1. United States
        2. Mexico
      2. South America
        1. Brazil
        2. Rest of South America
      3. Europe
        1. Spain
        2. Italy
      4. Middle East & Africa
        1. Egypt
        2. South Africa
        3. Turkey
      5. Asia-Pacific
      6. India
      7. China
      8. Indonesia
  7. North America Orange Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Volume, By Volume (In Billion Units)
    3. Market Share, By Type of Orange
    4. Market Share, By Form of Serving
    5. Market Share, By Country
    6. Production Analysis
    7. Consumption Analysis
    8. Import Analysis
    9. Export Analysis
    10. Pricing Analysis
    11. Supply Chain Analysis
  8. South America Orange Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Volume, By Volume (In Billion Units)
    3. Market Share, By Type of Orange
    4. Market Share, By Form of Serving
    5. Market Share, By Country
    6. Production Analysis
    7. Consumption Analysis
    8. Import Analysis
    9. Export Analysis
    10. Pricing Analysis
    11. Supply Chain Analysis
  9. Asia-Pacific Orange Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Volume, By Volume (In Billion Units)
    3. Market Share, By Type of Orange
    4. Market Share, By Form of Serving
    5. Market Share, By Country
    6. Production Analysis
    7. Consumption Analysis
    8. Import Analysis
    9. Export Analysis
    10. Pricing Analysis
    11. Supply Chain Analysis
  10. Europe Orange Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Volume, By Volume (In Billion Units)
    3. Market Share, By Type of Orange
    4. Market Share, By Form of Serving
    5. Market Share, By Country
    6. Production Analysis
    7. Consumption Analysis
    8. Import Analysis
    9. Export Analysis
    10. Pricing Analysis
    11. Supply Chain Analysis
  11. Middle East Africa Orange Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Volume, By Volume (In Billion Units)
    3. Market Share, By Type of Orange
    4. Market Share, By Form of Serving
    5. Market Share, By Country
    6. Production Analysis
    7. Consumption Analysis
    8. Import Analysis
    9. Export Analysis
    10. Pricing Analysis
    11. Supply Chain Analysis
  12. Competitive Outlook (Company Profiles – Partial List)
    1. Berje. Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    2. Citrosuco
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    3. Citrus World Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    4. Hyatt Fruit Co.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    5. Indian River Fruit Co.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    6. Lemon Concentrate
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    7. Nielson Citrus Products Co. Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    8. Paradise Juice
      1.  Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    9. Perricone Farms
      1.  Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    10. Schacht Groves
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    11. Sequoia Orange Co. Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    12. Others (Sunrise Fruits company, The Fruit Co., Zain Natural Agro India Pvt. Ltd.)
  13. Contact Us & Disclaimer

please share your details to receive a free sample copy

Full Name*

Company Name*

Business Email*

Country Name*

Contact Number*

Message*