Global Citrus Fibre Market -Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2022 – 2032
Global Citrus Fibre Market by Type (Orange, Lemon, Tangerines/Mandarins, and Others), Application (Bakery & Confectionary, Beverages, Snacks & meals, Flavorings & Coatings, and Others), and Regions, (APAC, Europe, North America, and LAMEA) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2022 – 2032
The Citrus Fibre market size was valued at USD 0.4 billion in 2022 and is expected to surpass USD 0.7 billion by 2032, expanding at a CAGR of 5.6 % during the forecast period, 2022–2032. The market's growth is attributed to the increase in demand in the food industry, and ongoing research and development into new applications for citrus fiber in the food and beverage industry.
Citrus fiber, also known as citrus pulp, is a natural ingredient derived from the peel and pulp of citrus fruits such as oranges, lemons, and grapefruits. It is a dietary fiber that is widely used in the food industry as a functional ingredient due to its unique properties.
Citrus fiber is a good source of insoluble fiber, which adds bulk to food and helps regulate digestion. It also contains soluble fiber, which can help lower cholesterol levels and improve blood sugar control. In addition, citrus fiber has been shown to have prebiotic effects, promoting the growth of beneficial gut bacteria.
Citrus fiber is used in a wide variety of food applications, including baked goods, beverages, dairy products, and meat products. It can be used as a thickener, stabilizer, emulsifier, and water binder, among other things. Its use can also help to reduce fat and calorie content in food products, making it a popular ingredient in low-fat and low-calorie products.
Overall, citrus fiber is a versatile and healthy ingredient that offers a range of functional benefits to food products.
Market Trends, Drivers, Restraints, and Opportunities
Scope of the Report
|Report Title||Global Citrus Fibre Market|
|Segmentation||Type (Orange, Lemon, Tangerines/Mandarins, and Others), Application (Bakery & Confectionary, Beverages, Snacks & meals, Flavorings & Coatings, and Others)|
|Regional Scope||APAC, Europe, North America, and LAMEA|
|Key Players Covered in the Report||Citrus Extracts LLC; Edge Ingredients; Hebei Lemont Biotechnology Co.; Herbafood Ingredients GmbH; DuPont de Nemours.|
Market Segment Insights
The orange segment is projected to register a considerable CAGR
Based on type, the citrus fiber market is divided into orange, lemon, tangerines/mandarins, and others. The orange segment is expected to expand rapidly during the forecast period owing to its health benefits such as low calorie, high nutrient, antioxidant vitamin C, high fiber, and potassium.
The bakery & confectionary segment is expected to expand at a rapid pace
Based on application, the citrus fiber market is divided into bakery & confectionary, beverages, snacks & meals, flavorings & coatings, and others. The bakery & confectionary segment is expected to expand rapidly during the forecast period as it increases the bread product freshness.
North America holds the highest market share
In terms of regions, the citrus fiber market is classified as APAC, Europe, North America, and LAMEA. The market of North America holds the highest market share of the market during the projected period owing to changes in dietary patterns among consumers and the growing population.
Key players competing in the Citrus Fibre market are Citrus Extracts LLC; Edge Ingredients; Hebei Lemont Biotechnology Co.; Herbafood Ingredients GmbH; DuPont de Nemours.
How much is the market worth?
The Citrus Fibre market size was valued at USD 0.4 billion in 2022 and is expected to surpass USD 0.7 billion by 2032.
During the forecast period, what is the CAGR of the market?
During the forecast period, the CAGR of the market is expected to be 5.6%.
What are the key drivers of the market?
The market's growth is attributed to the increase in demand in the food industry, and ongoing research and development into new applications for citrus fiber in the food and beverage industry.
What segments are covered in the Citrus Fibre report?
The segments covered in the report are type (orange, lemon, tangerines/mandarins, and others), application (bakery & confectionary, beverages, snacks & meals, flavorings & coatings, and others).
Mention which region is expected to hold the highest share of the Citrus Fibre market.
The North American region is expected to hold the highest share of the Citrus Fibre market.
Mention the key players in the market.
Citrus Extracts LLC; Edge Ingredients; Hebei Lemont Biotechnology Co.; Herbafood Ingredients GmbH; DuPont de Nemours.
1 INTRODUCTION TO GLOBAL CITRUS FIBRE MARKET
1.1 Overview of the Market
1.2 Scope of Report
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS
3.1 Data Mining
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL CITRUS FIBRE MARKET OUTLOOK
4.2 Market Dynamics
4.3 Value Chain Analysis
5 GLOBAL CITRUS FIBRE MARKET, BY TYPE
6 GLOBAL CITRUS FIBRE MARKET, APPLICATION
6.2 Bakery & Confectionary
6.4 Snacks & meals
6.5 Flavorings & Coatings
7 GLOBAL CITRUS FIBRE MARKET, BY GEOGRAPHY
7.2 North America
7.3.4 Rest of Europe
7.4.4 Rest of Asia Pacific
7.5 Rest of the World (LAMEA)
7.5.1 Latin America
7.5.2 The Middle East & Africa
8 GLOBAL CITRUS FIBRE MARKET COMPETITIVE LANDSCAPE
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Citrus Extracts LLC
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Edge Ingredients
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Hebei Lemont Biotechnology Co.
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Herbafood Ingredients GmbH
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 DuPont de Nemours
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
10.1 Related Research
Segments Covered in the Report
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