Orange Market, By Product (Sweet Orange, Navel Orange, Red Orange), By Application (Juice, Concentrate, Powder), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI407420 | Publish Date: May 2024 | No. of Pages: 168

Global Orange Market By Region Overview

Orange Market was valued at US$ 3.8 Billion in 2024 and is projected to grow at a CAGR of 4.30% to reach US$ 5.8 Billion by 2034.

Orange is the fruit of the citrus species citrus and sinensis in the family of Rutaceae. Orange is native to China and is also called a precious organ. The oranges are a hybrid between pomelo and mandarin. Oranges are grown in tropical and subtropical climates for the orange fruits. Oranges are accounted for approximately 70% of citrus production.

Orange Market Report

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Global Orange Market By Region Drivers & Restraints

Growing Demand from Various Industries to fuel market growth

The rise in the use of oranges in the various processing industries such as food processing, juice, cosmetic industries is the major propelling factor for the growth of the global market. Use of orange seed oil in personal care industries has driven market growth. Additionally, the rise in awareness regarding the nutritional benefits and health benefits of consuming oranges increases production, and demand for oranges is another driving factor for the growth of the target market. For instance, new seedless orange was developed by the National Research Center for Citrus, Nagpur. Furthermore, more availability and production of fresh oranges in particular weather conditions stimulate the seasonal consumption of oranges and is the fueling factor for the growth of the global market.

Restrains:

However, the rise in pest infestation and diseases hampers the production and quality of oranges which is the major hampering factor for the growth of the target market. Moreover, the restriction on importing oranges in large quantities, which generates a demand-supply gap of oranges, is another restraining factor for the growth of the global market.

Global Orange Market By Region Segmentations & Regional Insights

  • Orange Market Segmentation:

Orange Market is segmented based on Product, Application and Region.

  • Product Insight

On the basis of Product, Orange Market is segmented into Sweet Orange, Navel Orange, Red Orange.  

  • Application Insights

On the basis of Application, Orange Market is segmented into Juice, Concentrate, Powder.

  •  Orange Market Regional Insights:

On region the Orange Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • Asia Pacific market is estimated to witness a significantly highest revenue share over the forecast period due to high production rate. Favorable climatic conditions and growing demand from food processing industries has boost the market growth in the region.
  • Latin America market is estimated to witness a fastest revenue share over the forecast period due to favorable climatic conditions. For instance, in 2018, as per the USDA, the share of processed oranges in the Brazilian orange market accounted for a share of 72%. 

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Sweet Orange, Navel Orange, Red Orange

By Application - Juice, Concentrate, Powder

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Global Orange Market By Region Competitive Landscape & Key Players

Orange Market Key Players:

The key players operating the Orange Market includes, Jacksonville Mercantile, Giumarra Companies, Best Fresh Produce Inc, Always Fresh Farms, LLC, Kern Ridge Growers LLC, LorAnn Oils, McCormick & Company, Nielsen-Massey Vanillas, Döhler, Cook Flavoring Company and others.

Global Orange Market By Region Recent News

The New Launched Product News,

  • In December 2022, Agricultural and horticultural products such as oranges of Arunachal Pradesh (India) was launched at Lulu Hypermarket Flagship Store in Dubai, UAE (United Arab Emirates).

FAQs

The Orange Market is segmented into Juice, Concentrate, Powder.

Orange Market is driven by factors like growing demand from various industries.

By region, the Orange Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Orange Market includes, Jacksonville Mercantile, Giumarra Companies, Best Fresh Produce Inc, Always Fresh Farms, LLC, Kern Ridge Growers LLC, LorAnn Oils, McCormick & Company, Nielsen-Massey Vanillas, Döhler, Cook Flavoring Company and others.

Orange Market was valued at US$ 3.8 Billion in 2024 and is projected to grow at a CAGR of 4.30% to reach US$ 5.8 Billion by 2034.