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A report on Citrus Fiber Market has been appended into the market research report database of Reports and Insights, in recent times, that promises to offer a complete analysis to its readers on the growth forecasts and development prospects of the market, together with the potential business opportunities in the industry. The study, which emphasizes the most recent  business dynamics, trends, growth drivers and opportunities that are impacting the market growth, also comprises the market size and the compounded average growth rate (CAGR) for the projected period 2022 and 2030. The report on Citrus Fiber Market also incorporates an in-depth assessment on both the macro- and micro-environmental factors that are likely to impact the market growth over the forecast period. In addition to that, analytical tools such as Porter’s five forces analysis and PESTEL analysis are utilized to reckon and gather the factors that are playing the role of the driving force for the growth of the market.  

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%.

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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