Orange Powder Market's 2032 Projection is $706.34 Mn, 5.5% CAGR

Orange Powder Market Size Worth $706.34 Million By 2032 | CAGR: 5.5%


The global orange powder market size is expected to reach USD 706.34 million by 2032, according to a new study by Polaris Market Research. The report “Orange Powder Market Share, Size, Trends, Industry Analysis Report, By Product Type (Orange Peel Powder, Orange Juice Powder, Others); By Application; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Currently, there is a demand for orange powder as it is an available product throughout the year. Rapid spread of citrus greening diseases in the United States. The impact of the recent hurricane in Florida has caused further supply chain disruption, which is posing a risk of supply losses. However, to combat these orange supply shortages, in July, 2022, the state budget included USD 37 million for the orange and juice industries, the majority of which was allocated to the Department of Citrus' marketing and research initiatives as well as its Citrus Health Response Programme, which entails planting new trees that are resistant to greening. This will fuel the production of oranges in the region and expand the orange powder market due to its wider supply chain. This will assist in meeting the global demand for orange powder soon.

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Global demand for orange powder is growing due to its advantages, including being natural and gluten-free. Orange powder is becoming more and more popular since it has a longer shelf life and is simpler and frequently less expensive to ship than fresh oranges or orange juice. Governments are formulating policies to increase the supply of oranges to the wider population.

According to the article published in Business Standard, the Himachal Pradesh state government proposed 1,800 hectares of state land for the orange cultivation as part of the HP Subtropical Horticulture, Irrigation, and Value Addition (SHIVA) project. This will further increase the supply to the companies that produce orange powder for various applications. This will boost the supply of orange powder and further expand the orange powder market during the study period.

Orange Powder Market Report Highlights

  • Orange peel powder segment is anticipated to witness the highest growth in the coming years due to its use in skin care products.
  • Food segment accounted for the largest market share owing to the growing consumer interest in orange flavor.
  • Online segment is projected to experience a larger revenue share due to the availability of products to a wider consumer base.
  • APAC will grow at rapid pace, owing to the growing production of oranges, robust supply chain network, & presence of huge consumer population.
  • The global players include Bella Viva Orchards, Foodchem International, Herbal Hills, Hunan Nutramax, Lemon Concentrate & Nantong Sane Biological.

Polaris Market Research has segmented the orange powder market report based on product type, application, distribution channel and region:

Orange Powder, Product Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Orange Peel Powder
  • Orange Juice Powder
  • Others

Orange Powder, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Food
  • Beverages
  • Confectionery
  • Bakery
  • Personal Care
  • Others

Orange Powder, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online
  • Others

Orange Powder, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Orange Powder Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 457.81 million

Revenue forecast in 2032

USD 706.34 million

CAGR

5.5% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Product Type, By Application, By Distributional Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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