Global Citrus Fiber Market Size, Growth Analysis Report, Forecast to 2027


Posted September 27, 2021 by alfahadkhan2510

Citrus fiber is mainly extracted from three main sources which include orange, lemon, and lime.
 
Citrus fiber is mainly extracted from three main sources which include orange, lemon, and lime. Citrus fiber provides texture, nutritive benefits along with a clean label to the food products due to which there is an increased demand for it across the food and pharmaceutical industries. The global citrus fiber market is projected to grow at a CAGR of 5.1% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the rising demand for natural sources for various nutrients such as vitamin C, fiber, and flavonoids such as citrus fiber. Many health benefits associated with the consumption of citrus fiber have catalyzed its increasing demand across the pharmaceutical and food industry. In food products it is also used due to its certain characteristics such as it can be used as a water binder agent, fat replacer, thickening gums, and gelling gums. Citrus fiber is used as a gelling and moisture retention in bakery products. It is also used in beverages, sweet spreads, dairy products, and many other food products to increase its nutritional value. Hence, such factors are likely to flourish the market growth during the forecast period.

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The global Citrus Fiber market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Citrus Fiber market in the region. The regional growth of the market is accredited to the well-established food as well as pharmaceutical sector in the key economies of the region especially China and India. China is the world’s largest producer of pharmaceutical ingredients, as per the China- Pharmaceuticals report published by the Select USA in July 2019. The report also states that China’s pharmaceutical industry was valued at $154 billion in 2020 from $134 billion in 2018. Hence, this depicts the establishment of the market in the country. Further, the North American region is also estimated to witness a significant value for the market, accredited to the presence of key players across the region.

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The global Citrus Fiber market is segmented on the basis of grade, function, and application. Based on the grade, the market is segmented as food and pharmaceuticals. Based on the function, the market is segmented as water binders/ fat replacers, thickening agents, and gelling agents. Based on the application, the market is segmented as food, beverages, personal care, pharmaceuticals, and others.

Global Citrus Fiber Market – Segmentation
by Grade
Food
Pharmaceutical
by Function
Water Binders/ Fat Replacers
Thickening Agents
Gelling Agents
by Application
Food
Beverages
Personal Care
Pharmaceuticals
Others

Global Citrus Fiber Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Cargill Inc.
Carolina Ingredients
Ceamsa
CP Kelco US Inc.
E.I. DuPont De Nemours And Co.
Fiberstar, Inc.
Florida Food Products, Inc.
Herbafood Ingredients GmbH
Herbstreith & Fox KG Pektin-Fabriken
Lucid Colloids Ltd.
Naturex SA
Quadra Chemicals Ltd.
Silvateam Spa
The Green Labs LLC

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Issued By Alfahad khan
Phone +91 780-304-0404
Country India
Categories Business
Tags global citrus fiber market
Last Updated September 27, 2021