Citrus Fiber Market Size, Share, Opportunities, And Trends By Application (Food, Beverages, Others), By Form (Powder, Liquid), By End User (Individuals, Industry), And By Geography - Forecasts From 2024 To 2029

  • Published : Jan 2024
  • Report Code : KSI061616540
  • Pages : 150

The citrus fiber market is anticipated to expand at a high CAGR over the forecast period.

Citrus fiber, also known as citrus pulp, is a natural dietary fiber formed from citrus fruit byproducts, obtained from orange, lemon, and other citrus fruit peels. It is an important ingredient in the food and beverage industry. Citrus fiber is available in both soluble and insoluble fiber forms, and it has various health benefits, including enhanced digestive health, lower cholesterol levels, and blood sugar management. It is commonly used as a thickener, stabilizer, and texturizer in a variety of food products such as sauces, dressings, baked goods, and meat products to improve texture, moisture retention, and shelf life. Citrus fiber has numerous advantages for the skin as well as for health.

Citrus fiber is also identified as a neutral food additive used to enhance the shelf life of a variety of food products. This fiber has a healthy nutrition profile, including minerals, vitamin C, and various bioactive components such as polyphenols, and flavonoids. It is a rich source of vitamin C which helps the body in tissue growth, development, and repair. It also helps in purifying the skin, guarding the skin from harmful free radicals and environmental harm, diminishing signs of aging. Citrus fiber possesses various medicinal properties like stabilizing blood sugar levels, reducing inflammation, and weight reduction.

The food and beverage industry holds a notable share of the citrus fiber market. Apart from being used in the food and beverage industry, it is also used in the cosmetic and pharmaceutical industries. Citrus Fiber is available in the market in different forms such as powder, liquid, and capsule. Growing awareness and demand for organic goods have played a pivotal role in driving the citrus fiber market growth.

Market Drivers

  • Growing demand in the food and beverage industry

Citrus Fiber is used to make bakery products due to its high water-holding capacity, which is key in making baked goods and in beverages as a flavoring agent. Beverages such as Wellness Protein Drink - Citrus Burst, a health drink is a protein booster that meets daily protein dose and also contains amino acids that help in protein synthesis and nutrient absorption. Additionally, Dabur hommade lemoneez is derived from lemon fruit and can be used in making tea and drinks, and can also be used in making dishes.

Citrus fiber is used as an additive in the food industry to increase the shelf life of food products due to its water retention properties, and it also helps in making gluten-free baked foods.  FIBERTEX™ CF is used in cookies, muffins, cakes, soft-baked bars, dressings, table sauces, and processed meats. Therefore increase in demand for citrus fiber is expected in the food industry in the upcoming time, for its taste and preservational qualities.

  • Growing demand for organic products-

The surging preference for organic products stands out as a key catalyst propelling the increased demand for them. Heightened consumer awareness and a growing inclination towards natural and organic ingredients contribute significantly to the rising popularity of citrus fiber. Positioned as an alternative to products laden with potentially harmful chemicals, citrus fiber is increasingly sought after due to its perceived avoidance of serious side effects on skin health.

Diseases such as cardiovascular disorders, allergies, and diabetes are persuading people to adopt a healthier lifestyle that involves the use of organic, natural, and healthy ingredients. These factors are contributing to the increase in the adoption of citrus fiber due to its health-beneficial properties like weight reduction, sugar control, skin purification, and immunity boosting.

A product in this trend is the Vitacel® CF, crafted from citrus peel and transformed into a powder form. It is a plant-based dietary fiber, due to its high content of dietary fiber, it is used for improving the nutritional value of food products.

The scope of food products and the growing consumer demand for organic products collectively drive the increasing demand observed in the citrus fiber market. This trend reflects a broader shift towards natural solutions and wellness-driven choices in nutritional and pharmaceutical products.

Market Restraints

  • Limited availability of quality by product -

The citrus fiber market is highly dependent on the availability of good quality citrus fruit by-products.  Changes in citrus fruit production and weather conditions impact the pricing of citrus fiber.
The citrus fiber supply chain, encompassing sourcing and production, can be intricate due to the involvement of multiple stakeholders. Ensuring a consistent supply of high-quality citrus fiber and maintaining the supply chain present challenges to the market. Citrus fruits are susceptible to weather conditions, which also hinder their availability. 

Citrus Fiber market by form is segmented into powder and liquid-

The citrus fiber market is segmented by form into powder, and liquid. In powder form, it is used for the texture, stability, and nutritional profile of food products, and it has several properties like water retention capacity, thickening, and emulsifying, making it a desirable ingredient for food products. In liquid form, citrus fiber is ideal for cosmetic purposes such as body lotion, and creams due to its various beneficial properties like anti-aging, anti-inflammatory, and anti-oxidants to skin.

North America is anticipated to hold a significant share of the citrus fiber market.

North America is anticipated for a notable share of the citrus fiber market. Increasing health consciousness among consumers in the region propels the demand for organic ingredients in the product. Citrus fiber is in demand due to its health benefits, and antioxidant properties. The prevalence of chronic diseases like obesity, and diabetes in North America further strengthens the appeal for natural solutions. According to the Centers for Disease Control and Prevention (CDC), in the United States, about  29.7 million people of all ages, which accounts for 8.9% of the US population, have been diagnosed with diabetes. Its medicinal properties are driving growth in the North American market, as growing health concerns people are looking for more alternatives.

Market Developments

  • September 2021- CP Kelco, a global leader in nature-based ingredient solutions, announced that it will invest more than $50 million to expand production capacity for NUTRAVA® citrus fiber. It is used in dressings, soups, fruit-flavored beverages, bakery goods, dairy, and alternative protein products.

Company Products-

  • Citrus Pectin – Citrus Pectin is extracted from citrus fruit peels. It is one of the best stabilizers presently available in the market. It is used in bakery goods, dairy products, and beverages, and costs 1,150 rupees for a 1000gm size. It is available in different packaging sizes.
  • Citri-Fi 200FG Citrus Fiber -  Citri-Fi is a natural and clean label citrus fiber co-processed with guar gum that provides high water holding and emulsification benefits to food products such as meats, bakery, beverages, and frozen foods. It is gluten-free as well as allergen-free. It is priced at $344.41.
  • Involve ONE-Citrus Fiber Car Perfume - The Involve ONE citrus fiber car perfume is priced at 349 rupees. It is ammonia-free and has long long-lasting fragrance.

Market Segmentation

  • By Application
    • Food
    • Beverages
    • Others
  • By Form
    • Powder
    • Liquid
  • By End User
    • Individuals
    • Industry
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. CITRUS FIBER MARKET BY APPLICATION

5.1. Introduction

5.2. Food 

5.3. Beverages

5.4. Others

6. CITRUS FIBER MARKET BY FORM

6.1. Introduction

6.2. Powder

6.3. Liquid

7. CITRUS FIBER MARKET BY END-USER

7.1. Introduction

7.2. Individuals

7.3. Industry

8. CITRUS FIBER MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES 

10.1. Cargill Inc.

10.2. Silvateam S.p.a.

10.3. Ingredion.

10.4. Urban Platter

10.5. J. Rettenmaier & Söhne Gmbh

10.6. Töufood

10.7. Azelis

10.8. Gino Gums Stabilizers

10.9. Fiberstar, Inc.

10.10. Cifal Herbal Private Ltd.


Cargill Inc.

Silvateam S.p.a.

Ingredion.

Urban Platter

J. Rettenmaier & Söhne Gmbh

Töufood

Azelis

Gino Gums Stabilizers

Fiberstar, Inc.

Cifal Herbal Private Ltd.