South America Orange Market Size (2024 - 2029)

South America Orange Market Analysis

The South America Orange Market size is estimated at USD 195.80 million in 2024, and is expected to reach USD 240 million by 2029, at a CAGR of 4.20% during the forecast period (2024-2029).

• In South America, the orange market holds a pivotal position within the region's expansive agricultural landscape, driven largely by global appetites for both fresh oranges and orange juice. Brazil and Argentina stand out as dominant players, leading the charge in orange production and exportation. While the primary use for these oranges leans towards juice production, a notable portion is also consumed directly Brazil leads the globe as the top producer, with Argentina, Colombia, Paraguay, Chile, and Peru also contributing, though to a lesser extent. Beyond production, South America boasts a vibrant orange trade ecosystem, with Brazil, Argentina, and Chile taking the lead as exporters, while Paraguay and Ecuador emerge as the primary importers.
• According to the FAOSTAT report, in the year 2021, fresh orange production was 19.7 million metric tons which increased to 20.6 million metric tons in 2022. In Argentina, sweet citrus thrives in the northwest (oranges) and northeast (oranges and tangerines). The northwest favors varieties like Hamlin, Pineapple, Robertson, and Navel, while the northeast leans towards Navel, Salustiana, and the enhanced Valencia types, such as Midnight and Delta Seedless. However, the landscape is challenging for smaller producers. Many find it tough to compete, and upon exiting, they often sell their orchards to larger entities.
• Focusing on fresh orange exports, Argentina, Uruguay, and select smaller producers to target European and Asian markets, where there's a pronounced demand for premium quality. On the global stage, Brazil reigns supreme, accounting for over half of the world's orange juice production. A significant portion of this output is Frozen Concentrated Orange Juice (FCOJ), with major exports directed towards the European Union and the United States. While Frozen Concentrated Orange Juice (FCOJ) continues to dominate the global juice landscape, there's a noticeable shift in consumer preference towards NFC (not-from-concentrate) juice, highlighting a desire for fresher, minimally processed options.

South America Orange Industry Segmentation

Oranges are a type of low-calorie, highly nutritious citrus fruit. As part of a healthful and varied diet, oranges contribute to strong, clear skin and can help lower a person's risk of many conditions. Oranges are popular due to their natural sweetness, the many different types available, and the diversity of uses. The South American orange market is segmented by geography into Brazil, Argentina, Venezuela, and Chile. The report offers an analysis of production (volume), consumption (value and volume), import (value and volume), export (value and volume), and price trend analysis. The report offers market size and forecasts in terms of value (USD) and volume (metric tons) for all the above segments.