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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.

By Components

Soluble Fibrous

Pectin

Fructans

Psyllium

Other Gums

Insoluble Fibrous

Cellulose

Hemicellulose

Lignin

By Grade

Food Grade

Pharmaceutical Grade

Cosmetic Grade

By Source

Orange

Tangerine/Mandarins

Grapefruit

Lemons and Lime

By Application

Bakery

Desserts and Ice-cream

Sauces & Seasonings

Meat & Egg Replacement

Beverages

Flavorings & Coatings

Snacks & Meals

Personal Care

Pharmaceutical

Other Application

By Function

Water Binder & Fat Replacer

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:

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.

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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