The Consumer Shift Toward Clean Label
Products to Support Citrus
Fiber Market Growth
Citrus fibre is a juice industry
byproduct that is commonly used as a texturizer, emulsifier, gelling agent,
stabiliser, and water binding agent. It imparts a creamy texture and durability
to dairy alternatives such as cheese and plant-based yoghurt. Bakers frequently
use it as an egg and wheat alternative. Citrus fibre is also used in the
manufacture of injection moulded bones, biscuits, fresh chubs, canned or wet
food, semi-moist treats, and pet snacks. Citrus fibre consumption is being
influenced by rising demand for natural components in cosmetics and personal
care products. This is due to its texturizing and moisture-control
characteristics. Furthermore, the need for vitamin C in personal care and
cosmetics drives market expansion. Natural ingredients have seen an increase in
demand from the cosmetics and personal care industries in recent years. This
aspect is also expected to have a direct positive impact on citrus fibre
demand. These products' moisture control and texturizing properties are likely
to add to their increasing demand in the coming years.
Citrus Fibre Market is on Reboot Owing to Rising
Demand for Natural Ingredients in the Food Industry
Natural ingredients are being
preferred over synthetic equivalents in the food and beverage business due to
health and wellness trends. Consumers are migrating toward healthier, natural,
and fruit-based components as the prevalence of lifestyle-related problems such
as diabetes, cardiovascular disease, and other medical emergencies rises. There
are over 25,000 super fruit derivatives on the market. This will have an impact
on natural, plant-based citrus fibre products used as food additives. Natural
substances commonly utilised in the food and beverage industries include
antioxidants, emulsifiers, and stabilisers. Furthermore, citrus fibre is a
low-fat choice that benefits in the prevention of obesity.
Rising Awareness for Naturally Derived Personal
Care Products
Key players in the global market
are prioritising ingredient innovation with the goal of expanding use in
personal care and cosmetic goods to meet rising customer demand for organically
derived beauty products. Furthermore, for greater transparency, customers are
becoming ‘more conscious’ of the chemicals used in personal care products.
Pectin is a component in a variety of personal care products. Owing its
skin-nourishing characteristics, it is derived from citrus fibre and
consequently pushes the sales of citrus essential oil. As a result, rising
demand for natural-ingredient products in the personal care and cosmetics
industries is expected to boost citrus fibre sales.
Citrus Fiber Market Segmentation
The global citrus fiber market is
segmented on the basis of grade, source, function, application.
On the basis of Grade:
·
Food Grade
·
Cosmetic Grade
·
Pharmaceutical Grade
On the basis of Source:
·
Orange
·
Tangerine/Mandarins
·
Grapefruit
·
Lemons and Lime
On the basis
of Function:
·
Water Binder & Fat Replacer
·
Thickening Gums
·
Gelling Gums
·
Others
On the basis
of Application:
·
Bakery
·
Desserts and Ice-cream
·
Sauces & Seasonings
·
Meat & Egg Replacement
·
Beverages
·
Flavorings & Coatings
·
Snacks & Meals
·
Personal Care
·
Pharmaceutical
·
Other Application
Citrus Fiber Market is Fuelled by Merger,
Acquisition and Collaboration Activities
Key citrus fibre suppliers are
broadening their consumer base in order to establish a dominant position in the
next years. They are implementing a variety of techniques to generate market
growth chances. Mergers, acquisitions, collaborations, firm footprint
expansion, collaborations, novel product launches, and other initiatives are
examples of these. Azelis formed a partnership with CP Kelco in July 2021 to
expand its distribution capabilities for citrus fibres and other natural food
components in the Netherlands. Orange Fiber, a well-known start-up, has
announced the launch of a revolutionary fabric range created from pulp and
citrus fibre, in conjunction with Marinella brands and H&M. CP Kelco,
a pioneer in natural ingredient solutions, has announced the opening of an
innovative innovation centre for pilot plant scale-up and research
applications.
Other than this Fiberstar, Inc., CEAMSA,
CP Kelco, Inc., Herbafoods Ingredients GmbH, Florida Food Products, Inc., Fuyan
Pharm (Henan), Inc., Lemont, Golden Health, Nans Products, Cifal Herbal Private
Ltd. are some of the prominent market players operating in the global citrus
fiber market.
United States to Offer Healthy Opportunity
for Citrus Fiber Market
Throughout the forecast period,
the market in the United States is projected to offer significant growth
prospects. Rising concerns over the country's unhealthy food habits are causing
a shift in the region's consumption of natural and healthy food products.
Furthermore, rising cancer rates and the usage of numerous synthetically
flavoured food products are boosting demand for citrus fibre in the country.
Consumers in the United States are more likely to utilise personal care and
cosmetics items. They are also becoming more aware of the detrimental
consequences of synthetic and chemical chemicals used in personal care and
cosmetics. These variables are anticipated to drive citrus fibre sales
prospects in the country.
The report provides a detailed
overview of the citrus fiber market insights in regions including North
America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and
Africa. The country-specific assessment for citrus fiber market has been offered
for all regional market share, along with forecasts, market scope estimates,
price point assessment, and impact analysis of prominent countries and regions.
Throughout this market research report, Y-o-Y growth and CAGR estimates are
also incorporated for every country and region, to provide a detailed view of
the citrus fiber market. These Y-o-Y projections on regional and country-level
markets brighten the political, economic and business environment outlook,
which are anticipated to have a substantial impact on the growth of the citrus
fiber market. Some key country and region included in the citrus fiber market
report as follows:
North America (U.S., Canada)
Latin America (Mexico, Argentina,
Brazil, Peru, Chile)
Europe (Germany, France, Italy, U.K.,
BENELUX, Nordics, Spain, Poland, Russia, CIS)
Asia Pacific (China, ASEAN, India,
Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (South
Africa, GCC Countries, Turkey, Israel, Iran)
The Citrus Fiber Market Research Report
Covers In-depth Analysis on:
·
Citrus fiber market segments
·
Citrus fiber market dynamics
·
Citrus fiber market value and share analysis
·
Recent trends, restraints, opportunities in citrus
fiber market
·
Companies & competition involved citrus
fiber market
·
Latest technologies in citrus fiber market
·
Supply chain and value chain citrus fiber market
·
Citrus fiber market sales and distribution
strategies
Citrus Fiber Market Growth Highlights:
·
A comprehensive overview of parent market
·
Market dynamics, demand and trends in the
industry
·
Current, historical and anticipated market size in
terms of volume
·
In-depth market segmentation
·
Competition landscape
·
Key Strategies of leading companies and product
portfolio
·
Citrus fiber industry trends and developments
·
Potential and country, regions and segments
exhibiting future growth
·
A detailed viewpoint on citrus fiber market forecast
by countries
·
Essential information to enhance market position
Beetroot Powder Market - Forecast, COVID -19 Impact, Trend Analysis & Competition Tracking - Global Market Insights 2016-2031
Citronella Oil Market - Forecast, COVID -19 Impact, Trend Analysis & Competition Tracking - Global Market Insights 2015-2030
Bacillus Coagulans Market - Forecast, COVID-19 Impact, Trend Analysis & Competition Tracking - Global Insights 2018-2033