The Orange and Mandarines market size in India has shown a consistent rise in volume, reaching 7.96 million metric tons in 2023. Starting from 7.13 million metric tons in 2015, the market has grown steadily with minor fluctuations over the years. Key variations include a 5.27% increase in 2015, a 9.99% surge in 2018, and smaller annual increases of less than 1% in recent years. The CAGR for the last five years stands at 0.4%, denoting a modest growth rate, while the forecasted CAGR for the next five years is slightly higher at 0.64%.
Future trends to watch for include:
- Innovations in agricultural practices to boost yield.
- Market demand shifts influenced by consumer health trends.
- Impact of climate change on citrus production.