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One Of The Global Leaders Citrus Fiber Market, Will Now Supply High-Quality Raw Materials For Citrus Fiber Market.
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