Orange Juice Market Competitor Landscape, Opportunity Analysis, Growth, Trends & Forecast 2022-2030
PORTLAND, PORTLAND, UNITED STATES, March 10, 2022 /EINPresswire.com/ -- Allied Market Research published a new report, titled, ” Orange Juice Market ” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
Orange juice is extracted by squeezing orange fruit. Orange is a citrus fruit belonging to family Rutaceae produced widely in Brazil, China, and India.
Juice is extracted from various species of orange bearing different characteristics such as sweet orange, blood orange, navel oranges, Clementine, tangerine, Valencia, and Hamlin. Orange consists of juice vesicles, also known as citrus kernels, which form the membranous content of endocarp and hold an extreme amount of juice.
According to the United States Code of Federal Regulation, orange juice is “unfermented juice obtained from mature oranges of the species Citrus sinensis or of the citrus hybrid commonly called Amber sweet.” Orange fruits have been cultivated from ancient times in China and Southeast Asia. Nutritional properties and health benefits of oranges led to increase in its worldwide consumption.
The commercial orange juice industry was developed in the 1920s, and since then the reforms in technology have led to the development of variants in commercial orange juice. The common types of commercial orange juice are frozen concentrated orange juice, not from concentrate, canned orange juice, fresh-squeezed juice, mixed juice, dehydrated orange juice, and others manufactured as ready-to-drink (RTD) packaged beverage.
Brazil is the largest producer of orange juice followed by Florida.
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Companies covered
The Coca-Cola Company, PepsiCo, Nestle,ITC Limited, Dabur, Aldi, Florida’s Natural Growers, Ocean Spray, Tree Ripe Fruit Co., Uni-President Enterprises Corporation, Mother Dairy,Harmoni Inc., National Grape Cooperative Association Inc., Natalie’s Orchid Island Juice Company, Kotobuki Realty Co. Ltd., Hangzhou Wahaha Group, JAB Holding Company, Fresh Del Monte Produce, Nawon F&B, WANA Beverage, Yangshengtang Co., Ltd.,
COVID-19 Scenario Analysis
The COVID-19 pandemic scenario has caused an increase in the sale of orange juice, due to the inclination of consumers toward healthy and immunity-boosting beverages. Although the demand for orange juice has increased, the disruption in the supply chain has caused difficulty in meeting the requirements.
The initial lockdown scenario caused temporary shutdown of manufacturing plants and loss of manpower, which impacted the production of orange juice. Difficulty in procurement of raw orange fruits due to the least mobility led to a shortage in the production of the orange juice market.
The export and import ban imposed in several countries led to the disruption of the global supply chain of the orange juice market, impacting the cultivators of orange fruit as well.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Orange juice contains sugars, acids, vitamins, minerals, pectin, and other colored components, which make it a healthy beverage. The production of orange juice is carried out at the household level, by merchant and vendors, and commercially by beverage industries at large scale.
Investment in R&D, increasing health & fitness awareness, immunity-boosting properties, high vitamin C content, surge in food processing technology, fortification of orange juice, utilization of orange juice in other drinks, enhanced shelf life& storage conditions, launch of organic orange juice, inclination toward improving product quality, surge in quality control while processing, regulated measurement in Brix, availability of blend of juices, increased distribution channel, increasing production of orange fruit, trade of orange juice, employment generation, health benefits of orange juice, consumption as breakfast beverage, development of variants in orange juices, sanitation control in manufacturing plants, government initiatives, changing eating habits, aseptic packaging, addition of preservatives & sweeteners to enhance palatability, alluring packaging, increasing urbanization, and rising disposable income are the key driving factors for the growth of orange juice market.
The global orange juice market trends are as follows:
Health benefits associated with orange juice
The requirement of orange juice has increased due to its rich flavor and high nutritional content such as the presence of vitamin C, potassium, thiamin, folate, flavonoids, phytochemicals, antioxidants, anti-inflammatory, and anti-bacterial properties. It aids in maintaining a healthy digestive system &immune system, enhances detoxification &blood circulation, reduces inflammation, regulates diabetes, improves cardiac health, cures anemia, lowers cholesterol, and prevents scurvy.
Key manufacturers of orange juice are inclined toward enhancing the shelf life and nutritional value of the product. The launch of fortified orange juice, organic orange juice, frozen orange juice, and dehydrated orange juice have presented new growth opportunities.
The fortification with calcium, vitamin D, omega 3-fatty acids, and other minerals has increased the requirement of processed orange juice.Surgeof cold fruit pressing techniques and advanced packaging, which can increase the shelf life of the product and make it more attractive has been a factor to increase market share.
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Key Benefits of the Report:
This study presents the analytical depiction of the global orange juice industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global orange juice market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global orange juice market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides detailed global orange juice market analysis depending on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Orange Juice Market Research Report:
Which are the leading players active in the global orange Juice market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities of the market?
David Correa
Allied Analytics LLP
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