Citrus Fiber Market: Introduction
Citrus fibre is extracted from orange peel or pulp. It is a combination of soluble and insoluble fiber. It acts as dietary supplement and is rich in antioxidants. Insoluble citrus fibre comprises bioactive compounds, carotene, notably flavonoids and polyphenols, which surges its demand in the processed food industry. It has many health benefits such as coronary heart disease, hypertension, diabetes, and risk of obesity, stroke and various gastrointestinal (GI) disease.
Global Citrus Fiber Market Forecast:
Global Citrus Fiber Market size was at US$ 300.00 Million in 2021, and it is predicted that it will reach a valuation of US$ 494.08 Million by the end of 2030 with an annual development rate (CAGR) of 5.7% between 2022 and 2030.
The Global Citrus Fiber Market Overview:
There are many nutritional benefits to Citrus fiber. It’s naturally extracted from the orange pulp or peel. The demand for citrus fiber is anticipated to rise over the forecast period. This growth is attributed to its ability to naturally prevent diseases. Furthermore, dietary fiber can prevent breast cancer and help in improving bowel movements and fat metabolism; this factor leads to a rise in demand for citrus fiber among customers.
Cooking can be made easy by adding citrus fiber to processed foods. Citrus fiber adds taste and texture to the food without changing its taste, odour and flavour. Therefore, the use of citrus fiber in the food industry has been growing. The demand for fresh and healthy bread is on the rise, so dietary fibers are used in making dough, which resulted in the need of using frozen dough to shorten the time of dough making.
The citrus fiber has registered significant growth due to the surging requirements for citrus fiber. This demand is credited to the consumer’s health consciousness and preference for only organic and natural food products. Natural citrus fiber is obtained from orange pulp or peel without adding any external chemicals.
Global Citrus Fiber Market: Key Trends
Escalating Demand for Natural Ingredients in Food Industry Driving Citrus Fiber Sales
The food and beverage industry is influenced by health and wellness trends, which encourage the use of natural ingredients than synthetic alternatives. There has been a rise in lifestyle-based disorders such as diabetes, cardiovascular diseases and other medical emergencies; therefore, consumers have been shifting towards natural, healthy, and fruit-based ingredients.
There are more than 25,000 super fruit derivatives in the market. It is reflected in natural, plant-based citrus fiber products in the form of food additives. Natural ingredients include stabilizers, emulsifiers and antioxidants. These are all important ingredients used in food and beverages industry. Additionally, citrus fiber is a low-fat option, and it can also be used to help overcome obesity.
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Citrus Fiber Witnessing Rising Demand from Food & Beverages Industry
Citrus fiber has soluble and insoluble fibrous ingredients which are extracted from citrus foods such as lemon, orange and limes etc. Citrus fiber can be useful in several applications across various industries. Citrus fiber has been extensively used in food products to improve water retention properties. Furthermore, they are getting notable interest from the producers of plant-based beverages to improve the texture and taste and replace chemical-based ingredients.
Citrus products are a rich source of vitamins, minerals and dietary fibres, which are essential for normal growth and development and general nutritional well-being. Therefore citrus products have been growing in popularity. The citrus fiber market is expected to register substantial growth over the forecast period due to a surge in demand for natural food ingredients.
Key Market Segmentation of the Global Citrus Fiber Market:
This Research Report Categorized the Global Citrus Fiber Market Based Grade, Source, Function, Application, End-Users and Geographical Landscape.
By Grade:
- Food Grade
- Pharmaceutical Grade
- Cosmetic Grade
By Source:
- Orange
- Tangerine / Mandarins
- Grapefruit
- Lemon and Lime
By Function:
- Water Binder & Fat Replacer
- Thickening Gums
- Gelling Gums
By Application:
- Bakery
- Sauces & Seasonings
- Meat & Egg Replacement
- Desserts & Ice-Creams
- Beverages, Flavorings, & Coatings
- Snacks & Meals
- Others
By End-Users:
- Food & Beverage
- Pharmaceuticals
- Personal cares
- Others
By Geographical Landscape:
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Major Key Players in the Global Citrus Fiber Market Are:
- DuPont De Nemours Inc.
- Edge Ingredients, Inc
- FGF Trapani S.R.L
- NATUREX SA
- QUADRA CHEMICALS LTD
- YANTAI ANDRE PACTIN CO.
- AMC GROUP
- Herbafood Ingredients GmbH
- Citrus Extracts
- CP KELCO
- CARGILL INC
- Carolina Ingredients
- CEAMSA
- FIBERSTAR INC
- FLORIDA FOOD PRODUCTS
- Ingredients Nature
- JRS Silvateam Ingredients S.r.l
- LUCID COLLIDS LTD
- Nans Products
- Golden Health Technology Co Ltd
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The Covid-19 Impact Analysis:
During COVID-19, the non-traditional food delivery strategies were accelerated due to declining demand for restaurant food and growing online purchases. In spite of these shifts in consumer behaviours, the consumption patterns in some regions had remained comparatively stable.
During the pandemic, essential services such as health care, food, finance and government administration were open and operating. But the stringent lockdown restrictions had affected the sales.
The major citrus fiber manufacturing companies which supplied their products across the globe and located in Europe, China and the U.S. have been affected due to the lockdown restrictions. The supply of products had been hindered due to supply chain and trading restrictions.
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