Global Citrus Fiber Market, By Source (Oranges, Tangerines/ Mandarins, Grapefruit, Lemons and Limes), Grade (Food Grade, Pharmaceuticals grade, Others), Applications (Bakery, Desserts and Ice cream, Sauces and Seasonings, Meat and Egg Replacement, Beverages, Flavouring and Coatings, Snacks and Meals, Personal Care, Pharmaceuticals, Others), Function (Water Binders and Fat Replacers, Thickening gums, Gelling gums), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Citrus Fiber Market
Global citrus fiber market size is expected to grow at a compound annual rate of 5.3% in the forecast period 2021 to 2028 and is likely to reach USD 0.58 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of citrus fiber market in the forecast period of 2021 to 2028.
Citrus fiber is made out of fibrous components of citrus fruits such as orange, tangerines/ mandarins, grapefruit, lemons and limes. It is very beneficial for health as it helps to keep heart healthy, relives stress, good for skin, prevents obesity and digestion and also prevents risk of diabetes and cancer.
The increasing health awareness amongst customers and their preferences towards natural, organic, healthy and fibrous products is estimated to contribute to growth of the citrus fiber market as they are rich in fiber. Increasing usage of citrus fiber in various processed food and food products such as soups, sauces, bakery, confectionery, meat and fish, instant mixes among others for taste and texture is expected to heighten demand for the citrus fiber market within the forecast period of 2021 to 2028. However, the allergic population is projected to act as a restraint, whereas the customer’s preferences for different fibers based products can challenge the growth of the citrus fiber market. Moreover, the introduction of usage of citrus fiber as a nutritious and quality pet food items are estimated to further generate new opportunities for the market in the forecast period of 2021 to 2028.
This citrus fiber market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on citrus fiber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Citrus Fiber Market Scope and Market Size
Citrus fiber market is segmented on the basis of source, grade, application and function. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the citrus fiber market has been segmented into oranges, tangerines/ mandarins, grapefruit, lemons and limes.
- On the basis of grade, the citrus fiber market has been segregated into food, pharmaceuticals grade and others.
- On the basis of applications, the market is segmented into bakery, desserts and ice cream, sauces and seasonings, meat and egg replacement, beverages, flavouring and coatings, snacks and meals, personal care, pharmaceuticals andothers.
- On the basis of function, the citrus fiber market has been bifurcated into water binders and fat replacers, thickening gums and gelling gums.
Citrus Fiber Market Country Level Analysis
Citrus fiber market is analyses and market size, volume information is provided source, grade, application and function as referenced above.
The countries covered in the citrus fiber market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the citrus fiber market due large amount of consumer base inclination towards organic and healthy products with good nutritional value. Asia- Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to increasing consumption of healthy and organic products.
The country section of the citrus fiber market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Citrus Fiber Market Share Analysis
Citrus fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to citrus fiber market.
The major players covered in the citrus fiber market report are Duketoms, CP Kelco U.S. Inc, Fiberstar, Ceamsa, HANDARY S.A., HERBAFOOD INGREDIENTS GmbH, Silvateam S.p.a., Quadra Chemicals, Cargill, Incorporated, Florida Food Products., J. RETTENMAIER & SÖHNE GmbH + Co KG, Carolina Precision Fibers Inc , Cifal Herbal, A & Z Food Additives Co. Ltd., Acuraglobe Life Sciences Pvt. Ltd., and ADM among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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