In Florida, the mining, quarrying, and oil and gas extraction industry added around 990 million chained 2017 U.S. dollars of value to the state's gross domestic product (GDP) in 2023. The total value added to Florida's GDP by all industries was about 1.29 trillion U.S. dollars that year.

Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNGSP) from 1997 to 2024 about GSP, FL, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Florida (FLRGSP) from 1997 to 2024 about GSP, FL, real, industry, GDP, and USA.

Thanks to its strong economy and robust infrastructure, Florida is an attractive destination for many manufacturers. The Sunshine State boasts a diverse economy, and its manufacturing sector is consistently adding jobs thanks to growth in industries like aerospace and electronics. This article will explore the latest facts, statistics, and top companies in Florida's manufacturing sector based on data collected directly from the state's manufacturers by MNI.

The Orange Industry was valued at USD 3.84 Million in 2023 and is projected to reach USD 5.24 Million by 2032, exhibiting a CAGR of 4.53 % during the forecast periods. The orange industry is a significant segment of the global agricultural market, focusing on the cultivation, processing, and distribution of oranges and orange-derived products. Oranges are among the most widely consumed fruits worldwide, primarily due to their nutritional value, including high vitamin C content, antioxidants, and dietary fiber. The industry encompasses various activities, including the farming of fresh oranges, the production of orange juice, and the manufacturing of by-products like marmalade and flavored beverages. The orange industry is characterized by both fresh fruit sales and processed products, with orange juice being one of the most popular beverages globally. Key regions for orange production include Brazil, the United States, and India, with Florida and California being the leading states in the U.S. The market dynamics are influenced by factors such as climate conditions, pest and disease management, and evolving consumer preferences toward natural and organic products. Recent developments include: November 2022: Arunachal Pradesh Agriculture Marketing Board exported the first 6 metric tons of oranges consignment to the UAE and Qatar in collaboration with the Agricultural and Processed Food Products Export Development Authority, the central government, and the Dubai-based Lulu Group International. The oranges will be launched at the Lulu Group's hypermarkets in the UAE and Qatar., September 2022: Virtue Clean Energy, an energy drink brand, launched Virtue Clean Energy - Orange to Ocado and Amazon in the UK. Virtue Drinks has expanded its range by introducing a new Orange flavor. Blending oranges and blood oranges, the drink provides a fruity, nostalgic, and refreshing flavor profile for consumers to enjoy,, May 2022: An agreement between the Agricultural and Processed Food Products Export Development Authority and Agrovision Foundation was signed to implement a joint program for increasing agricultural export, under which an export target of oranges from 500 crores (USD 61.2 million) to 5,000 (USD 612.0 million) crores in upcoming years with the help of organic farming of oranges and quality hybrids of oranges has been set.. Key drivers for this market are: Rising Consumption of Cashew Nuts as a Healthy Snack, Increasing Government initiatives; Growing Cashew Nut Imports in The United States. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related To Food Quality Standards. Notable trends are: Growing Seasonal Consumption of Orange​.

In 2023, Florida was the U.S. state that benefitted most from the economic impact generated by sports tourism. Texas and California rounded out the top three in the ranking. The sports tourism market worldwide was estimated to be worth just under *********** U.S. dollars in 2023.