The Business Times
SUBSCRIBERS

No reprieve for US orange juice rout

Published Tue, Dec 16, 2014 · 09:50 PM
Share this article.

New York

ORANGE juice remains the most popular fruit beverage in the US. The problem is, many Americans just don't drink it anymore.

Annual consumption for a juice that became a US breakfast staple after World War II is now the lowest in at least 18 years. While smaller orange crops in Florida and Brazil have sent futures surging in the past month, sales of the top two brands, PepsiCo Inc's Tropicana and Coca Cola Co's Minute Maid, have plunged in the past decade.

Demand has suffered as beverage choices increased, from diet sodas to sports drinks, and high sugar content has become a turn-off for calorie-conscious consumers, data from market researcher Euromonitor plc shows. Sales of bottled water topped all juices for the first time in 2007. The waning appeal of orange juice has limited the impact of a 55 per cent production decline since 2004 in Flor…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here