Citrus Fiber Market Overview
The report is titled as ‘Citrus Fiber Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the citrus fiber market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Citrus fiber market is expected to grow with significant rate in the near future.
The citrus fiber market is estimated to reach at a value of US$ 431.6 Mn by the end of 2022 and expected to reach at a value of US$ 646.1 Mn by 2030 with a significant CAGR of 5.20%.
Citrus Fiber Introduction
Citrus fiber can be understood as a compound of soluble and insoluble fiber that is acquired from peel or pulp or fruit. This is rich in antioxidants and fulfills the function of dietary fiber. The insoluble citrus fiber incorporates the bioactive compounds, polyphenols, carotene, and prominent flavonoids that accelerates its demand in the processed food industry. In addition, citrus fiber is one of the nutritional fibers which offer several different health benefits such as coronary heart disease, lesser risk of obesity, various gastrointestinal (GI) diseases, stroke, diabetes, and hypertension.
Moreover, citrus fiber extricated from orange peel comprises a significant amount of insoluble dietary fiber. It possesses several health perks comprising starch digestion and mitigating absorption of glucose. Citrus fiber is generally made from various citrus fruits such as orange, limes or lemon which are some of the most common raw materials and part of its composition. There are several companies around the world who utilize citrus fiber in their products attributing to the benefits it provides including improvement in thickening, gelling, stabilizing and water-binding capacities.
Furthermore, the ingredient can also play the role of a substitute for oil and eggs in baked goods. Owing to which, citrus fiber is witnessing higher demand across the global markets. What is more, the deepening need for naturally obtained dietary fibers to avoid several different diseases is further projected to drive the growth of the global citrus fiber market over the forthcoming future.
Citrus Fiber Market Segmentation
The global citrus fiber market is segmented on the basis of components, application, function, grade, source, and region.
Soluble Fibrous
Pectin
Fructans
Psyllium
Other Gums
Insoluble Fibrous
Cellulose
Hemicellulose
Lignin
By Grade
Pharmaceutical Grade
Cosmetic Grade
By Source
Tangerine/Mandarins
Grapefruit
Lemons and Lime
By Application
Desserts and Ice-cream
Sauces & Seasonings
Meat & Egg Replacement
Beverages
Flavorings & Coatings
Snacks & Meals
Personal Care
Pharmaceutical
Other Application
By Function
Thickening Gums
Gelling Gums
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Citrus Fiber Market Key Players
Some of the key participating players in global Citrus Fiber market are:
Cargill Incorporated
Carolina Ingredients
CEAMSA
Citrus Extracts LLC
CP Kelco
DuPont de Nemours, Inc
Edge Ingredients
FGF Trapani
Fiberstar, Inc
Golden Health
Hebei Lemont Biotechnology Co., Ltd.
Herbafood Ingredients GmbH
Ingredients by Nature
JRS Silvateam Ingredients S.r.l.
Lucid Colloids Ltd.
Nans Products
Naturex SA
Quadra Chemicals Ltd.
Royal DSM
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Citrus Fiber
Advantages of Citrus Fiber
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The citrus fiber market is estimated to reach at a value of US$ 431.6 Mn by the end of 2022 and expected to reach at a value of US$ 646.1 Mn by 2030 with a significant CAGR of 5.20%.
The base year for the report is 2021 in citrus fiber market.
The global citrus fiber market is segmented on the basis of components, application, function, grade, source, and region.
AMC Group, Cargill Incorporated, Carolina Ingredients, CEAMSA, Citrus Extracts LLC, CP Kelco, DuPont de Nemours, Inc, Edge Ingredients, FGF Trapani, Fiberstar, Inc, Golden Health, Hebei Lemont Biotechnology Co., Ltd., Herbafood Ingredients GmbH, Ingredients by Nature, JRS Silvateam Ingredients S.r.l., Lucid Colloids Ltd., Nans Products, Naturex SA, Quadra Chemicals Ltd. and Royal DSM