The unconcentrated orange juice market in Finland reached 98.161 million Euros in 2023. The market has experienced fluctuations over the years, with significant declines in 2014 and 2017, followed by a general upward trend since 2018. Recent data show minor year-on-year growths of 0.64% and 0.63% for 2022 and 2023, respectively. The CAGR over the past five years stands at 3.46%, reflecting consistent growth. Future projections indicate a steady increase, with the market size estimated to reach 101.14 million Euros by 2028, translating to a forecasted 5-year CAGR of 0.48%.
Trends to watch for:
- Consumer preference shifts towards healthier and fresh products.
- Impact of global supply chain disruptions on orange juice availability and prices.
- Innovation in packaging and sustainability practices among major competitors.