Brazilian orange juice processors finished 2023 with low stocks. A report released by CitrusBR in March indicates that the volume was 463.94 thousand tons (equivalent to concentrate juice) on December 31, 2023, being 6.7 % higher than that on the same day last year, …
>> read moreArtificial intelligence (AI) is revolutionising the food and beverage industry by translating abstract flavour concepts into tangible realities. Recent advancements in Japan showcase how brands leverage AI to infuse ideas and emotions into product development, …
>> read moreConsumers are turning to tea, coffee and energy drinks as they reduce their alcohol intake, Prinova research has shown. The report also suggests that even more drinkers – younger ones in particular – would cut back if …
>> read moreA survey carried out by independent audits firms with each of CitrusBR members, and subsequently consolidated confidentially by an external audit, found that the global inventories of Brazilian orange juice, converted into FCOJ Equivalent, …
>> read morePear orange prices in the in natura market hit a new record in February, considering Cepea historical series, which has started in October 1994 – values were deflated by IGP-DI December/23. Quotations are likely to continue at high levels in March, …
>> read moreThe global energy drinks market has presented itself as one of the most stable in recent times, registering continued growth over the past five-year period while many other drinks industries have stalled. Red Bull, Monster, and Rockstar have maintained their dominant share in the high-performing market …
>> read moreAfter the return of rains in São Paulo, orange producers surveyed by Cepea said that flowers have been blossoming since early February in some areas, and they may refer to out-of-season fruits.
>> read moreAccording to market insights provided by Fact.MR, a renowned market research and competitive intelligence provider, the global apple juice concentrate market is anticipated to reach a valuation of USD 4.67 billion in 2024.
>> read moreThe third forecast for the 2023/24 orange crop in the São Paulo and West-Southwest of Minas Gerais citrus belt, published on February 09, 2024 by Fundecitrus, in cooperation with Markestrat, FEA-RP/USP and FCAV/Unesp2, maintains the projection of 307.22 million boxes …
>> read moreThe 2023-2024 Florida all orange forecast released by the USDA Agricultural Statistics Board is 19.8 million boxes, down 700,000 boxes from the January forecast. If realised, this will be 25 percent more than last season’s final production.
>> read moreOn the occasion of its Annual General Meeting in Fruit Logistica, the World Apple and Pear Association (WAPA) has released the Southern Hemisphere apple and pear crop forecast for the upcoming season.
>> read morePear orange prices have been moving up since the beginning of the 2023/24 season in the in natura market. In January, values hit the record of Cepea series, which has started in 1994. In the first month of 2024, the price average was BRL 78.89 per 40.8-kilo box, …
>> read moreIn the U.S. the share of Gen Zers born between 1997 and 2002 who say they plan to drink less alcohol in 2024 jumped 53 % year over year. Sixty-one percent say they plan to cut back on their alcohol consumption, …
>> read moreThe 2023-2024 Florida all orange forecast released by the USDA Agricultural Statistics Board is 20.5 million boxes, unchanged from the December forecast. If realised, this will be 30 percent more than last season’s final production.
>> read more2023 was a very positive year for the citrus activity in São Paulo state and in Triângulo Mineiro concerning prices received by citrus farmers. Orange values were at firm levels during the year in both the in natura market and at the industry …
>> read moreOver 270 non-alcoholic beverage brands, which include many globally recognised brands, have active sponsorship deals in place with sports properties based mainly across Europe, as of October 2023.
>> read moreOver 110 non-alcoholic beverage brands, which include many globally recognised brands, have active sponsorship deals in place with sports properties based mainly in the US. Many of these deals …
>> read moreApple production in Europe has been revised by The World Apple and Pear Association (WAPA) to be no more than 11 million tonnes down 4 % from the initial forecast. Poland, Europe’s top apple producer, is expected by the industry to yield …
>> read moreThe 2023-2024 Florida all orange forecast released by the USDA Agricultural Statistics Board is 20.5 million boxes, unchanged from the October forecast. If realised, this will be 30 percent more than last season’s final production.
>> read moreThe second forecast for the 2023-2024 orange crop in the São Paulo and West-Southwest of Minas Gerais citrus belt, published by Fundecitrus, in cooperation with Markestrat, FEA-RP/USP, and FCAV/Unesp, is 307.22 million boxes of 40.8 kg …
>> read moreThe World Citrus Organisation (WCO) has released its annual Northern Hemisphere Citrus Forecast for the upcoming citrus season (2023-24). The Forecast was released on the occasion of the Global Citrus Outlook conference …
>> read moreThe combination of low orange supply and firm demand over the last weeks, due to high temperatures, has been keeping prices on the rise in both the in natura market and at the industry.
>> read moreThe functional beverage market size is projected to surpass USD 164,058 million in 2023 and is likely to attain a valuation of USD 277,744 million by 2033 …
>> read moreThe new heat wave in São Paulo state has been concerning citrus growers. Temperatures are higher than those registered in the last wave, in September, and lasting longer. Thus, many producers say that the weather may affect the 2024/25 production, …
>> read moreThe 2023-2024 Florida all orange forecast released by the USDA Agricultural Statistics Board is carried forward from October at 20.5 million boxes, up 30 percent from last season’s final production.
>> read moreRegular rains registered in tahiti lime producing areas since mid-September have been gradually increasing the supply of this fruit. Thus, the tahiti lime supply in October was slightly higher …
>> read morePlant protein powder is no longer exclusive to vegans and athletes, with significant numbers of mainstream consumers now shopping the category, according to new research commissioned by MycoTechnology, Inc., the mushroom mycelial fermentation specialist.
>> read moreThe global NFC juice market is experiencing significant changes in consumer preferences, with a strong shift towards healthier and more natural beverage options.
>> read moreCoca-Cola has launched a new limited-edition Coca-Cola 3000 Zero Sugar within the Coca-Cola Creations platform, with the help of artificial intelligence (AI). The AI, in cooperation with humans, helped create both the taste and the design of the can, as Coca-Cola tries to identify what the year 3000 would look like for beverages.
>> read moreThe 2023-2024 Florida all orange forecast released by the USDA Agricultural Statistics Board is 20.5 million boxes, up 30 percent from last season’s final production. The total includes 7.50 million boxes of non-Valencia oranges …
>> read moreWith the first part of this year’s harvesting on its way, the World Apple and Pear Association (WAPA) has started revising its annual Apple and Pear Crop Forecast based on the latest insights from its members on the season. The first EU apple estimates, which were released …
>> read moreOrange production is expected to be low in Florida for one more year. According to estimates from the USDA released on October 12th, the harvest of the 2023/24 crop in FL is forecast to total 20.5 million boxes of 40.8 kilograms …
>> read moreRoyal Unibrew A/S announced the closing of the acquisition of Vrumona, the second largest soft drink company in the Netherlands, from Heineken. Vrumona is located near Utrecht and employs more than 300 people.
>> read moreThe Board of Britvic plc announced the completion of the acquisition of the Extra Power energy drink brand from GlobalBev following receipt of regulatory clearance. As part of the transaction, Britvic has also agreed to acquire three additional Brazilian soft drinks brands from …
>> read moreThe second fortnight of September was marked by extremely high temperatures in São Paulo State. This scenario warned citrus growers, since intense heat may damage the oranges from both the current (2023/24) and the coming seasons (2024/25).
>> read moreFood and beverage companies are targeting Asia’s lucrative electronic games (egames) market by rolling out customised functional products and sponsoring esports events in collaboration with leading game developers. Opportunities are rife for such products in China, which by itself is a $ 50 billion-plus market …
>> read moreThe higher demand for orange juice from the United States raised the Brazilian exports of the commodity in the first two months of the 2023/24 exporting season (July and August). The average price paid for the national juice increased in that period too, influenced by low inventories …
>> read morePersistent unfavorable weather conditions are expected to have a significant impact on citrus production in Marketing Year (MY) 2022/23. Post forecasts lemon production to decline by 10 percent from MY 2021/22 to 1.65 million metric tons (MMT). Orange production is projected to fall by …
>> read moreA survey carried out through independent auditing of each of the companies associated with CitrusBR and also consolidated by external auditing revealed that the total oranges processed in the Sao Paulo and Minas Gerais Citrus Belt in the 2022/23 season was estimated at 265,292,217 boxes of oranges …
>> read moreThe agents in the citrus market have been concerned about two recent events: hurricane Idalia, which hit Florida in late August (the third hurricane that hit the North-American State in less than a year), and the release of orange juice inventories at Brazilian processors, which, according to CitrusBR, are currently at the lowest levels since the beginning of the historical series, 12 years ago.
>> read moreTahiti lime prices have been firm in the citrus-producing regions in São Paulo State since mid-June. However, in the first fortnight of August, quotations skyrocketed.
>> read moreGlobal orange juice production for 2022/23 is estimated 9 percent lower to 1.5 million tons (65 degrees brix). Production is down due to reduced fruit available for processing in Brazil, the European Union, Mexico, and the United States.
>> read moreThe Brazilian orange crop for Marketing Year 2022/23 is forecast at 410.6 million 40.8-kg boxes or 16.75 million metric tons , a slight decrease of 1.1 percent vis-à-vis the current season, with the resumption of the biennial crop cycle and consequently, a lower fruit load per tree.
>> read moreThe Prognosfruit Conference, Europe’s leading annual event of the apple and pear sector, is right around the corner. On 2-4 August 2023, the Italian region of Trentino (Italy) will welcome an estimated 300 delegates from Europe and beyond.
>> read moreThe Brazilian exports of orange juice increased in the 2022/23 season (July/22 – June/23), after fading for two consecutive seasons. According to data from Secex, Brazil exported 1.09 million tons of the product (Frozen Concentrate Orange Juice FCOJ Equivalent) in the 22/23 crop, 9 % up …
>> read moreThe 2022-2023 Florida all orange forecast released by the USDA Agricultural Statistics Board is 15.9 million boxes. The total is comprised of 6.15 million boxes of non-Valencia oranges (early, mid-season, and Navel varieties), unchanged from the June forecast, …
>> read moreIn April 2023, supplies from abroad of concentrated orange juice decreased by -61.3 % to 16K tons for the first time since January 2023, thus ending a two-month rising trend. In general, imports showed a deep setback.
>> read moreAfter fading for some weeks, tahiti lime prices increased in the second week of June, due to lower supply. Players surveyed by Cepea reported that farmers have reduced the harvesting pace, expecting higher prices …
>> read moreWorld apple production for 2022/23 is forecast down 4.3 million metric tons (tons) to 78.4 million on weather‐induced losses in China. Exports are estimated down over 1.0 million tons to 5.5 million on significantly reduced shipments …
>> read moreThe prices of the main citrus fruits surveyed by Cepea dropped in May in the Brazilian market. The downward trend of quotations was already expected by the agents in the sector, since the supply of oranges and tangerine usually increase at this time of the year, …
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