The orange juice market in Finland experienced a significant decline from 2013 to 2023, with the market size volume dropping from 3.2869 million kilograms to 1.8113 million kilograms. The year-on-year variation showed a consistent negative trend, especially notable in 2014 and 2022 with declines of 13.04% and 18.52%, respectively. Over the last five years, the CAGR was -4.75%, highlighting the downward trajectory.
Forecasted data from 2024 to 2028 suggests continued contraction, with the market expected to further decrease from 1.6877 million kilograms in 2024 to 1.2056 million kilograms by 2028. The forecasted 5-year CAGR is -6.51%, reflecting a further 28.57% decline in market size volume.
Future trends to watch for:
- Potential shifts in consumer preferences towards healthier or alternative beverages.
- Impact of economic factors such as inflation on consumer purchasing power.
- Technological advancements in juice production and distribution.
- Sustainability and environmental concerns affecting packaging and sourcing.
