The orange juice domestic consumption in China for 2023 stood at 143.15 thousand metric tons. Notably, it experienced a year-on-year increase of 2.63%. Over the last two years, orange juice consumption showed a positive growth trend, with a notable year-on-year increase of 7.76% in 2022. The last five years displayed an average annual growth rate (CAGR) of 5.80%, indicating a steady recovery and growth trend from the fluctuations seen in the earlier part of the last decade.
Looking toward the future, the forecast data suggests a continued upward trend in orange juice consumption, with a forecasted CAGR of 1.88% over the next five years, resulting in an anticipated 9.75% total growth by 2028. As we move forward, it's crucial to monitor factors such as changing consumer preferences, economic conditions, and potential supply chain issues which may influence these projections. Efforts toward health-conscious products and innovations in the beverage industry could further impact consumption patterns positively.
