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Orange & Citrus Groves in the US - Industry Market Research Report

  • August 2016
  • -
  • Ibisworld
  • -
  • 34 pages

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Juice up: Despite setbacks in production, increasing citrus demand will facilitate revenue growth



Abstract

Orange & Citrus Groves in the US

The Orange and Citrus Groves industry's products are among the most eaten fruits in the United States. Per capita consumption of citrus fruits is increasing, while these fruits are receiving an additional boost from downstream demand as total consumption rises with the growing population. Import competition has intensified over the past five years as low-cost producers in Mexico and other countries increasingly supplied cheaper fruit to downstream fruit processors, where the appearance of fruit is less important. Over the five years to 2021, the industry is expected to grow slowly.

Farmers in this industry primarily grow citrus fruits, including oranges, grapefruits and lemons. Citrus fruits grown in this industry are used in downstream processing industries (e.g. juices, canned fruit) and sold as fresh fruit for final consumption. Farms are considered part of the Orange and Citrus Groves industry if at least half of their revenue is derived from growing these fruits.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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