Orange Market Size (2024 - 2029)

Orange Market Analysis

The Orange Market size is estimated at USD 3.84 billion in 2024, and is expected to reach USD 4.79 billion by 2029, growing at a CAGR of 4.53% during the forecast period (2024-2029).

Oranges contribute significantly to the bulk of global citrus fruit production, accounting for more than a 50% share. They are one of the top citrus fruits grown in most countries after bananas and apples. The most common citrus varieties are mandarins, sweet oranges, and limes. Many orange cultivars or varieties are developed for each region, with some essential orange varieties including Lane Late from Australia, Navelate from Spain, and Newhall from California.

Orange is one of the key raw ingredients used in many food processing and other industrial applications. Many beverage processing industries, like the juice industry, cosmetic industry, and textile industry, consider oranges to be one of the important ingredients in manufacturing products, thus increasing the demand and consumption of oranges. The nutritional benefits of these uses have driven the demand for oranges among consumers.

High production capabilities and magnificent weather conditions worldwide contribute to the production of oranges. However, the production of oranges is affected by several factors, such as environmental factors, biostress, and government policies. Brazil is one of the major global producers of oranges. The international trade in oranges mainly revolves around significant exporters, such as Brazil and other countries in the European Union, representing almost 60% of the total global trade in oranges. In addition, an increase in fresh orange production was also reported in South Africa, growing from 1.49 million metric tons in 2020 to 1.74 million metric tons in 2022, according to the FAOSTAT. This boost is based on the growth in harvested area and above-average rainfall throughout the season in the central growing regions. For instance, in South Africa, the area dedicated to orange production expanded from 34,496 hectares in 2020 to 39,030 hectares in 2022. Also, South Africa exports oranges to more than 100 countries worldwide, and the European Union remains South Africa's largest export market for oranges, accounting for over 40% of total exports.

Orange Industry Segmentation

Orange is a citrus fruit typically round and yellowish-orangish in color. It contains a significant proportion of citric acid. The report includes an analysis of various parameters of the orange market. The orange market is segmented by geography. The study consists of 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 countries of oranges (Brazil, China, India, Mexico, United States, European Union, Egypt, South Africa, Indonesia, and Turkey). The report offers the market sizes and forecasts in terms of value (USD) and volume (metric tons) for all the above segments.