Reports and Insights has published a new report titled, “Citrus Fiber Market: Opportunity Analysis and Future Assessment 2022-2030”
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%.
Global Citrus Fiber Market, 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) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
Citrus fiber comprises soluble or insoluble fibrous constituents of citrus fruits such as limes, lemon and orange. Citrus fiber is employed in various applications in several different industries across the world. In food commodities, citrus pulp fiber is utilized as a constituent to enhance water retention characteristics. In addition to that, they are gaining rising fascination from the manufacturers of plant-based beverages to improve texture and taste and substitute chemical-based constituents.
The composition and high surface area of citrus fiber enable emulsification, water holding, and gelling, whilst utilizing at extremely low levels. What is more, citrus food items are burgeoning in popularity as a rich source of minerals, vitamins, and dietary fiber that are required for regular growth and development and the complete nutritional well-being.
The growing demand for natural food constituents among consumers is primarily projected to drive the growth of the global citrus fiber market. In addition to that, citrus fiber is generally determined as a neutral tasting food additive that can effectively improve the shelf life of food products, which is further estimated to offer major breakthroughs to the market growth in the following years.
Moreover, the citrus fiber constituents can competently replace some of the prohibited food additives such as hydrocolloids, phosphates, carrageenan, and others under FDA regulations. 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. Thus, the global citrus fiber market is expected to witness significant growth over the forecast period.
Reports and Insights Study identifies some of the key participating players in the citrus fiber market globally 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, among others.
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