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China Orange Juice Market Trends- Industry Analysis, Share, Growth, Product, Top Key Players and Forecast 2026

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Jan 13, 2021 (Market Insight Reports) —
Selbyville, Delaware According to the research report titled ‘China Orange Juice Market Size By Product, By Storage Requirement, By Distribution Channel, By Region, Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’ available with Market Study Report LLC, China orange juice market is projected to witness considerable growth over the period of 2019-2026.

According to industry experts, the factors propelling the growth of China orange juice market include easy availability of oranges, surging consumption of beverages, and increasing adoption of a healthy lifestyle. Furthermore, oranges have high traces of vital nutrients including vitamin C, potassium, vitamin D, and calcium, making it a nutritious beverage.

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Orange juice helps in improving the immune system as well as digestive health. It also helps in lowering cholesterol levels and weight loss. Moreover, the product enhances hair growth and reduces the wrinkles on the skin. Increasing consumption of orange juice in order to treat cardiovascular diseases as well as reducing the risk of kidney disorders and cancer are stimulating the industry outlook. The product also possesses vital nutrients and anti-inflammatory agents during pregnancy.

Based on the product landscape, China orange juice market is divided by nectar, still drinks, juice, and others among, The report states that the still drinks segment is projected to grow substantially by the year 2026, owing to shifting preferences towards fizzy drinks. On the other hand, the other segment is expected to exhibit a CAGR of 4% through 2026.

Speaking of the storage requirements, the temperature segment is anticipated to grow significantly from 2019-2016, primarily due to increasing demand for un-refrigerated and pure orange juice products. Inclination towards consuming nutritionally-rich beverages is also favoring the market outlook..

With regards to the distribution channel, the specialty stores segment is expected to be a major contributor to the overall market growth by the year 2026, primarily driven by easy available of orange juice in such stores Alternatively, the other retailer segment is projected to garner a CAGR of 4.5% over the period of 2019-2026.

As per the geographical analysis, Liaoning province is expected to garner lucrative revenues in the forthcoming years. Growing awareness of the health benefits of unconcentrated orange juice is facilitating the business scenario in Liaoning province. Alternatively, Hebei is anticipated to account for a significant revenue share in China orange juice market, owing to the high concentration of elderly people andinclination towards adopting a healthy lifestyle.

The competitive landscape of China orange market is defined by companies including Dole Food Company Inc., Malee Group PCL, Citrosuco, China Huiyuan Juice Group Ltd., Suntory Beverage & Food Ltd., PepsiCo Inc., Coca Cola Company, Uni-President Enterprises Corporation, Louis Dreyfus Company B.V, WANA Beverage, Tan Do Refreshing Water Co Ltd., Nawon F&B, Summi (Group) Holdings Limited, Nongfu Spring Co Ltd., Rita Food and Drink Co Ltd., and Citrus World Inc. among others.

Question and Answers: China Orange Juice Market

Q1) What factors are fueling the expansion of China orange juice market?

Answer: The factors propelling the growth of China orange juice market include availability of oranges, increasing popularity of the beverage and increasing adoption of a healthy lifestyle.

Q2) How will Herbai province emerge to be a major revenue pocket for China orange juice industry?

Answer: High concentration of elderly people and inclination towards adopting a healthy lifestyle are the chief factor augmenting the growth of the Hebei orange juice market.

Q3) Which are the key participants in China orange juice market?

Answer: The major players in China orange market is defined by companies including Dole Food Company Inc., Malee Group PCL, Citrosuco, and Citrus World Inc. among others.

Complete Report At: https://www.marketstudyreport.com/reports/china-orange-juice-market?utm_source=Marketwatch.com&utm_medium=AN

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The MarketWatch News Department was not involved in the creation of this content.