Orange Juice domestic consumption in the US stood at 467.28 thousand metric tons in 2023. Consumption has seen a consistent decline since 2013, with notable year-on-year variations. The past two years (2022-2023) experienced a sharper decrease, with a -9.49% dip in 2022 followed by a -2.04% drop in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) has averaged -2.49%, reflecting a persistent downward trend.
Looking forward, the forecast suggests a continued decline in domestic consumption of orange juice. By 2028, consumption is expected to reach 369.37 thousand metric tons. The forecasted five-year CAGR is -3.76%, indicating a significant reduction of approximately -17.42% in total volume.
Future trends to watch for include potential shifts in consumer preferences towards healthier beverages, changing demographics, and economic factors influencing spending on fruit juices. Additionally, advancements in juice production technology and marketing strategies could potentially impact consumption trends in the coming years.
