The 2022 Report on Frozen Concentrated Orange Juice Weighing 12.1 to 24 Ounces: World Market Segmentation by City
This study covers frozen concentrated orange juice weighing 12.1 to 24 ounces as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").
The NAICS code for frozen concentrated orange juice weighing 12.1 to 24 ounces is 3114111481. It is for this definition that aggregate latent demand estimates are derived. Frozen concentrated orange juice weighing 12.1 to 24 ounces is specifically defined as follows:
3114111481 Frozen concentrated orange juice, consumer and institutional, 12.1 oz to 24 oz
This study covers the world outlook for frozen concentrated orange juice weighing 12.1 to 24 ounces across more than 2,000 cities. For the year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the city in question (in millions of U.S. dollars), the percent share the city is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the cities of the world). This study gives, however, Professor Parker’s estimates for the worldwide latent demand, or the P.I.E., for frozen concentrated orange juice weighing 12.1 to 24 ounces. It also shows how the P.I.E. is divided across the world’s cities. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.	