Market Size of Europe Orange Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 6.54 Billion |
Market Size (2029) | USD 7.88 Billion |
CAGR (2024 - 2029) | 3.80 % |
Europe Orange Market Analysis
The Europe Orange Market size is estimated at USD 6.54 billion in 2024, and is expected to reach USD 7.88 billion by 2029, at a CAGR of 3.80% during the forecast period (2024-2029).
- Oranges have stood out as a hallmark agricultural product of Europe, predominantly cultivated in the Mediterranean region. The most commonly grown orange varieties within the EU include Moro, Naveline, Tarocco, Valencia, Ippolito, Meli, and Sanguinello. Favorable weather conditions and robust production capabilities bolster orange cultivation in the region. The region witnesses a rising demand for orange juice. Data from the Food and Agriculture Organization (FAO) highlights Spain as the leading orange producer in the region, yielding 2.8 million metric tons in 2022, trailed by Italy at 1.7 million metric tons and Greece at 0.8 million metric tons.
- Driving the European orange market is the surging demand for orange juice and related citrus products. As consumers gravitate towards natural products, manufacturers are pivoting from artificial flavours to genuine juices, further propelling the market growth. Additionally, government-imposed tax reductions on select agricultural commodities, including oranges, incentivize producers and bolster domestic production. In light of the 2022 drought, the Spanish government introduced a Royal Decree-Law, offering a 20% reduction in the 2021 income tax base for agricultural and livestock sector individuals. This initiative, part of a comprehensive aid package, also provides benefits like increased tax advantages and subsidized interest payments, extending to orange producers. Consequently, these tax reductions play a pivotal role in bolstering market growth.
Europe Orange Industry Segmentation
Orange is a citrus fruit typically round and yellowish-orangish in color. It contains a significant proportion of citric acid. Europe Orange market involves a detailed production analysis (volume), consumption analysis (value and volume), import analysis (value and volume), export analysis (value and volume), and price trend analysis covering major producing and consuming European countries (the United Kingdom, France, Spain, Greece, and Italy). The report offers the market size and forecasts for volume in metric ton and value in USD thousand for all the above segments.
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Europe Orange Market Size Summary
The European orange market is a significant segment within the global citrus industry, with Spain, Italy, and Greece leading in production. The Mediterranean region, particularly Spain and Italy, dominates orange cultivation, benefiting from favorable climatic conditions and high production capabilities. Despite a general decline in fruit juice consumption due to health concerns, the demand for oranges remains robust, driven by their use in various beverages and food products. The market is also experiencing a shift towards natural ingredients, with manufacturers increasingly using orange juices as substitutes for artificial flavors. This trend is expected to sustain the import demand for oranges and orange-based products in Europe.
Spain stands out as the primary producer and exporter of oranges within the European Union, with significant exports to countries like Canada, China, and Saudi Arabia. The Spanish orange industry is focused on sustainable practices and technological advancements to enhance productivity and quality. Despite challenges such as new phytosanitary restrictions affecting imports from South Africa, the European orange market continues to grow, supported by innovations and a steady demand for citrus juices and related products. The market's expansion is further bolstered by the diverse applications of oranges in food processing, cosmetics, and other industrial sectors, highlighting their importance as a key raw ingredient.
Europe Orange Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Area Harvested under Orange crop
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1.2.2 Rising Demand for Oranges in Processing Industry
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1.2.3 High Export Potential
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1.3 Market Restraints
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1.3.1 Pest and Disease Infestation is lowering Production
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1.3.2 Fluctuations in the Prices
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1.4 Value Chain / Supply Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 Spain
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2.1.1.1 ProductionAnalysis
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2.1.1.2 Consumption Analysis
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2.1.1.3 Import Analysis (Volume & Value)
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2.1.1.4 Export Analysis (Volume & Value)
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2.1.1.5 Price Trend Analysis
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2.1.2 Italy
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2.1.2.1 ProductionAnalysis
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2.1.2.2 Consumption Analysis
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2.1.2.3 Import Analysis (Volume & Value)
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2.1.2.4 Export Analysis (Volume & Value)
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2.1.2.5 Price Trend Analysis
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2.1.3 Greece
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2.1.3.1 ProductionAnalysis
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2.1.3.2 Consumption Analysis
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2.1.3.3 Import Analysis (Volume & Value)
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2.1.3.4 Export Analysis (Volume & Value)
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2.1.3.5 Price Trend Analysis
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2.1.4 France
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2.1.4.1 ProductionAnalysis
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2.1.4.2 Consumption Analysis
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2.1.4.3 Import Analysis (Volume & Value)
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2.1.4.4 Export Analysis (Volume & Value)
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2.1.4.5 Price Trend Analysis
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2.1.5 United Kingdom
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2.1.5.1 ProductionAnalysis
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2.1.5.2 Consumption Analysis
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2.1.5.3 Import Analysis (Volume & Value)
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2.1.5.4 Export Analysis (Volume & Value)
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2.1.5.5 Price Trend Analysis
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Europe Orange Market Size FAQs
How big is the Europe Orange Market?
The Europe Orange Market size is expected to reach USD 6.54 billion in 2024 and grow at a CAGR of 3.80% to reach USD 7.88 billion by 2029.
What is the current Europe Orange Market size?
In 2024, the Europe Orange Market size is expected to reach USD 6.54 billion.