In 2023, US orange juice production stood at 265.0 million US gallons. Forecasts for 2024 project a notable decline to 225.48 million US gallons, representing a year-on-year decrease of 14.9%. The downward trend is expected to continue, with production dropping to 185.45 million US gallons in 2025, a further decline of 17.8%, and reaching 145.82 million US gallons in 2026, a reduction of 21.4%. By 2027, production is forecasted at 106.58 million US gallons, a decrease of 26.9%, and eventually falling to 67.74 million US gallons in 2028, marking a significant year-on-year drop of 36.4%. The compound annual growth rate (CAGR) over the five-year period is projected at -26.0%.
Future trends to watch for include potential impacts of climate change on orange supply, fluctuations in consumer demand, technological advancements in agriculture, and potential policy changes affecting the citrus industry. Monitoring these factors will be crucial for understanding the dynamics of orange juice production going forward.
