Citrus Fiber Market
Global Citrus Fiber Market Size, Share & Trends Analysis Report by Grade (Food and Pharmaceutical), by Function (Water Binders/ Fat Replacers, Thickening Agents, and Gelling Agents), and by Application (Food, Beverages, Personal Care, Pharmaceuticals, and Others) Forecast, 2021-2027 Update Available - Forecast 2024-2030
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.
Segmental Outlook
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.
Food Grade Citrus Fiber Segment to Hold a Significant Market Share
Amongst the grade segment of the global citrus fiber, the food grade segment is projected to hold the most lucrative share in the market. The segmental growth of the market is accredited to the increasing use of citrus fiber in the food industry in the manufacturing of food and beverage products. Citrus fiber is extensively used in the food industry as a texturizer and moisture retention agent in select foods. Various players operating in the market provide a range of citrus fiber products. For instance, Cargill Inc. provides CitriTex citrus fiber as a texturizer and moisture retention agent in yogurt, low-fat mayonnaise, ice cream, ice pops, and sorbet, and processed meat and poultry products, in accordance with current good manufacturing practices. Hence, such wide range of applications of citrus fiber in the food industry is likely to drive the segmental growth of the global citrus fiber market during the forecast period.
Global Citrus Fiber Market, by Grade 2020 (%)
Regional Outlook
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 $134 billion in 2018. Hence, this depicts the establishment of the market in the country. Further, the North American region is also estimated to witness a significant value for the market, accredited to the presence of key players across the region.
Global Citrus Fiber Market, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global citrus fiber market include Cargill Inc., CP Kelco US Inc., E.I. DuPont De Nemours And Co., Fiberstar, Inc., Herbstreith & Fox KG Pektin-Fabriken, Lucid Colloids Ltd., and Naturex SA among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others in order to thrive in a competitive environment.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Citrus Fiber market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Citrus Fiber Market by Grade
5.1.1. Food
5.1.2. Pharmaceutical
5.2. Global Citrus Fiber Market by Function
5.2.1. Water Binders/ Fat Replacers
5.2.2. Thickening Agents
5.2.3. Gelling Agents
5.3. Global Citrus Fiber Market by Application
5.3.1. Food
5.3.2. Beverages
5.3.3. Personal Care
5.3.4. Pharmaceuticals
5.3.5. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Cargill Inc.
7.2. Carolina Ingredients
7.3. Ceamsa
7.4. CP Kelco US Inc.
7.5. E.I. DuPont De Nemours And Co.
7.6. Fiberstar, Inc.
7.7. Florida Food Products, Inc.
7.8. Herbafood Ingredients GmbH
7.9. Herbstreith & Fox KG Pektin-Fabriken
7.10. Lucid Colloids Ltd.
7.11. Naturex SA
7.12. Quadra Chemicals Ltd.
7.13. Silvateam Spa
7.14. The Green Labs LLC
1. GLOBAL CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
2. GLOBAL FOOD GRADE CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL PHARMACEUTICAL GRADE CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2020-2027 ($ MILLION)
5. GLOBAL CITRUS FIBER AS WATER BINDERS/ FAT REPLACERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL CITRUS FIBER AS THICKENING AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL CITRUS FIBER AS GELLING AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
9. GLOBAL CITRUS FIBER FOR FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL CITRUS FIBER FOR BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL CITRUS FIBER FOR PERSONAL CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL CITRUS FIBER FOR PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL CITRUS FIBER FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
17. NORTH AMERICAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2020-2027 ($ MILLION)
18. NORTH AMERICAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. EUROPEAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. EUROPEAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
21. EUROPEAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2020-2027 ($ MILLION)
22. EUROPEAN CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. REST OF THE WORLD CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
28. REST OF THE WORLD CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2020-2027 ($ MILLION)
29. REST OF THE WORLD CITRUS FIBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. GLOBAL CITRUS FIBER MARKET SHARE BY GRADE, 2020 VS 2027 (%)
2. GLOBAL CITRUS FIBER MARKET SHARE BY FUNCTION, 2020 VS 2027(%)
3. GLOBAL CITRUS FIBER MARKET SHARE BY APPLICATION, 2020 VS 2027(%)
4. GLOBAL CITRUS FIBER MARKET SHARE BY GEOGRAPHY, 2020 VS 2027(%)
5. US CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
6. CANADA CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
7. UK CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
8. FRANCE CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
9. GERMANY CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
10. ITALY CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
11. SPAIN CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
12. ROE CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
13. INDIA CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
14. CHINA CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
15. JAPAN CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
16. ASEAN CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
17. SOUTH KOREA CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF ASIA-PACIFIC CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
19. REST OF THE WORLD CITRUS FIBER MARKET SIZE, 2020-2027 ($ MILLION)
