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Just as the world is coming out of the tea crisis, another breakfast staple, orange juice, is in the spotlight. Supply constraints have led to prices shooting up by more than 20% in a year.
BREDENTON, Fla. — A company best known for orange juice faces a financial crisis and could be headed for bankruptcy. Tropicana Brands Group has seen sales and profits go downhill in recent years.
After the citrus-greening crisis started in the early 2000s, the 100% Florida label began to disappear from cartons. More poignant, orange juice itself is beginning to lose significance.
As a result, Tropicana, a leading orange juice manufacturer, is facing a financial crisis. On Jan. 27, at a grocery store in California, the displayed Tropicana orange juice is seen / Courtesy of ...
Weather and disease. 1. Weather Crisis: Brazil, which supplies 70% of the world's orange juice market, recorded its hottest temperatures ever in 2023. These extreme temperatures significantly ...
WERE orange juice an early 20 th century American writer and humorist, it may very well say: "Reports of my death are greatly exaggerated." ...
Orange juice is an icon of the breakfast world. As a juice, it’s probably the single most famous, and as a beverage in general, it’s the type of thing that any restaurant open for breakfast is ...
Orange juice is the world’s most popular fruit juice. Manufacturers produce around 1.6 billion metric tons of this beverage each year. In addition to buying orange juice in many varieties at ...
Amelia Schwartz is a Brooklyn-based writer and editor who has been covering food, beverage, and culture for over seven years. She is currently an editor at Food & Wine magazine, focusing on trends ...
The staggering rise in wholesale orange juice prices has drawn comparisons to olive oil, which became the symbol of the cost of living crisis after it more than doubled in price on shop shelves.