Citrus Fiber Market size worth US$ 177.1 Mn, Globally, by 2030 to grow at 5.4% CAGR – according to ChemView Consulting’s Analyst

According to a research survey conducted by ChemView Consulting, in 2022, the Global Citrus Fiber Market was worth US$ 116.3 Mn and is expected to grow at a CAGR of 5.4% over the forecast period. The market is expected to hit US$ 177.1 Mn by 2030 end.

Citrus fiber is a blend of soluble and insoluble fiber obtained from citrus pulp, peel, or fruit. It is high in antioxidants and contains fiber. The presence of bioactive components, carotene, polyphenols, and important flavonoids in insoluble citrus fiber increases its demand in the processed food business.

It is one dietary fiber that offers numerous health benefits, including a reduced risk of obesity, coronary heart disease, stroke, different gastrointestinal (GI) illnesses, hypertension, and diabetes. Citrus fiber derived from orange peel contains a high concentration of insoluble dietary fiber. It has numerous health benefits, including decreasing glucose absorption and starch digestion.

Citrus Fiber Market 2017-2030: Report Key Highlights:

  • Detailed information on factors that will assist Global Citrus Fiber’s growth during the next eight years
  • Assessment of the historical and current Global Citrus Fiber Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

For More Details Visit Our Report Page:

Key Takeaways

By Grade: Due to rising demand from food and beverage makers, food-grade citrus fiber will continue to be the most desired grade, accounting for approximately 60.5% of the market in 2021. Demand is also boosted by expanding applications in animal feed and pet food formulations.

By Source: The orange segment controlled the majority of the market. Oranges are a low-calorie, high-nutritional citrus fruit. It is popular due to its innate sweetness, variety of available types, and various uses. The vitamin C content of this well-known citrus fruit is especially notable.

Oranges contain a variety of plant compounds and antioxidants that may aid in the reduction of inflammation and the fight against the disease. Its nutrients provide various health benefits, including antioxidant vitamin C, which aids in preventing cancer-causing free radicals. Orange is also high in fiber and potassium, which are good for your heart.

By Function: Citrus fibers for water binding and fat replacement account for over half of global demand in 2021. Fibers with a high fat-binding capability are useful for emulsion stabilization.

Citrus fibers with high water binding capacity can assist in minimizing syneresis in hydrogels and change the viscosity and texture of food. Casein-based products with water-binding capabilities are frequently utilized in the baking sector.

By Application: The bakery category dominated the market and is expected to do so during the projection period for citrus fiber. Citrus fibers in the baking sector increase the freshness of bread products over time by binding available water, notably water released by starch gluten in wheat, to minimize staling.

Moisture preservation, oil or fat reduction, emulsification, and shelf-life freshness are advantages of this natural ingredient in baked goods. As a result, citrus fiber is expected to expand during the projection period.

By Region: North America will have the largest citrus fiber market share in 2021. Increased demand for fortified foods and beverages in nations such as the United States, Canada, and Mexico is paving a new path for developing the North American citrus fibers market.

Changes in consumer dietary habits, combined with an increasingly urban population, fuel the expansion of the citrus fibers industry. The increased consumption of such fibers in North America is driving the growth of the citrus fiber market.

Competition Summary

To raise profitability and improve their position in the citrus fiber market, players in the sector have used acquisition as their primary development strategy.

Many major corporations focus on quality, from sourcing components to a consistent manufacturing method and hygienic packaging. Companies also cater to the market’s ongoing tendency by providing gluten-free, vegan, and organic products.

The market study covers key companies covered in the market are Fiberstar, Inc., CEAMSA, CP Kelco, Inc., Herbafoods Ingredients GmbH, Florida Food Products, Inc., Lemont, Golden Health, FUYAN PHARM (Henan), Inc., Nans Products and Cifal Herbal Private Ltd.

Segments Covered in Report

By Nature:

  • Organic Citrus Fibers
  • Conventional Citrus Fibers

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 Distribution Channel:

  • Online Channels
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Department Stores
  • Pharmacies
  • Specialty Stores

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

About ChemView Consulting’s Food & Beverage Domain

ChemView Consulting’s Food & Beverage domain provides unique, reliable, and in-depth analysis while highlighting opportunities for growth for companies in the food and beverage industry with a focus on plant-based meat options, clean labels, and nutritionally dense and plant-based ingredients. Our research helps us better understand consumer demand and shifting preferences. In addition, we assist companies in developing strategies to attract new customers and retain existing strongholds. The comprehensive coverage includes Food Additives & Ingredients, Food Supplements, Food Processing & Processed Food, and Beverages. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for manufacturers, research institutes, channel partners, and government agencies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

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