A recent report was published by Reports and Insights which provides extremely crucial and in-depth knowledge about the title “Citrus Fiber Market: Opportunity Analysis and Future Assessment 2022-2030” this report enlightens the readers about the current market dynamics of the market, its opportunities and challenges along with its future in the coming years. A synopsis of the market size and in-depth comprehension of the facts directed most meticulously and thoroughly for the development of the relevant market. Moreover, to make it more valuable for the readers, there is an extensive conceptual framework along with accurate information and some interesting graphical representation. The report further also aims to fulfil the essence of quantitative and qualitative synopsis which reflects upon the conceptual framework and pragmatic methodology 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.
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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
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