A report from The Business Research Company states that the global orange market size will grow from $3.64 billion in 2024 to $3.87 billion in 2025 and to $4.9 billion in 2029, developing at a compound annual growth rate of 6.1%.
According to the report, the growth in the orange market can be attributed to:
- Increasing global demand for vitamin C-rich fruits
- The expansion of citrus farming in suitable climates
- The growing popularity of orange juice as a breakfast staple
- The growth of citrus-related industries such as essential oils and fragrances
MAJOR PLAYERS
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., 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 and Scorzamara.
Major companies operating in the orange market are focused on farming advanced oranges, such as yellowing-resistant orange varieties. Yellowing-resistant orange varieties are specifically bred to withstand yellowing caused by diseases, pests or environmental factors. These oranges retain their vibrant color and quality, enhancing their market appeal.
As an example, Brazil-based agricultural research corporation Embrapa in June 2023 partnered with the Coopercitrus Credicitrus Foundation and the Sylvio Moreira Citriculture Center to launch Navelina XR. Navelina XR is the first orange tree naturally resistant to the bacterium that causes yellowing, allowing it to thrive in areas where other varieties struggle due to citrus variegated chlorosis infection.
REGIONAL OUTLOOK
North America was the largest region in the orange market in 2024. Asia-Pacific is expected to be the fastest-growing region going forward.
Source: The Business Research Company
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