Citrus Fiber Trends and Forecast
The future of the global citrus fiber market looks promising with opportunities in the bakery, sauce & seasoning, meat & egg replacement, dessert & ice-cream, beverage, flavoring, & coating, and snack & meal markets. The global citrus fiber market is expected to reach an estimated $0.6 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are rising demand for natural & clean-label ingredients, increasing demand for plant-based products, and growing awareness of the health benefits of fiber.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Citrus Fiber by Segment
The study includes a forecast for the global citrus fiber by type, application, and region.
Citrus Fiber Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Orange
• Tangerines/Mandarins
• Grapefruit
• Lemon
• Lime
• Others
Citrus Fiber Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Bakery
• Sauces & Seasonings
• Meat & Egg Replacement
• Desserts & Ice-Creams
• Beverages, Flavorings, & Coatings
• Snacks & Meals
• Others
Citrus Fiber Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Citrus Fiber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies citrus fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the citrus fiber companies profiled in this report include-
• Carolina Ingredients
• Lucid Colloids
• JRS Silvateam Ingredients
• Ingredion Incorporated
• EDGE Ingredients
• AMC Group
• Nans Products
• CP Kelco
• Cargill
• Koninklijke DSM
Citrus Fiber Market Insights
Lucintel forecasts that orange will remain the largest segment over the forecast period due to its natural sweetness, the variety of forms it comes in, and the range of applications.
Within this market, bakery will remain the largest segment due to rising usage of citrus fibers in this application to bind accessible water to prolong the freshness of bread products.
North America is expected to witness highest growth over the forecast period due to increase in the demand for fortified foods and beverages in the region.
Features of the Global Citrus Fiber Market
Market Size Estimates: Citrus fiber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Citrus fiber market size by type, application, and region in terms of value ($B).
Regional Analysis: Citrus fiber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the citrus fiber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the citrus fiber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the citrus fiber market size?
Answer: The global citrus fiber market is expected to reach an estimated $0.6 billion by 2030.
Q2. What is the growth forecast for citrus fiber market?
Answer: The global citrus fiber market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the citrus fiber market?
Answer: The major drivers for this market are rising demand for natural & clean-label ingredients, increasing demand for plant-based products, and growing awareness of the health benefits of fiber.
Q4. What are the major segments for citrus fiber market?
Answer: The future of the citrus fiber market looks promising with opportunities in the bakery, sauce & seasoning, meat & egg replacement, dessert & ice-cream, beverage, flavoring, & coating, and snack & meal markets.
Q5. Who are the key citrus fiber market companies?
Answer: Some of the key citrus fiber companies are as follows:
• Carolina Ingredients
• Lucid Colloids
• JRS Silvateam Ingredients
• Ingredion Incorporated
• EDGE Ingredients
• AMC Group
• Nans Products
• CP Kelco
• Cargill
• Koninklijke DSM
Q6. Which citrus fiber market segment will be the largest in future?
Answer: Lucintel forecasts that orange will remain the largest segment over the forecast period due to its natural sweetness, the variety of forms it comes in, and the range of applications.
Q7. In citrus fiber market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increase in the demand for fortified foods and beverages in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the citrus fiber market by type (orange, tangerines/mandarins, grapefruit, lemon, lime, and others), application (bakery, sauces & seasonings, meat & egg replacement, desserts & ice-creams, beverages, flavorings, & coatings, snacks & meals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Citrus Fiber Market, Citrus Fiber Market Size, Citrus Fiber Market Growth, Citrus Fiber Market Analysis, Citrus Fiber Market Report, Citrus Fiber Market Share, Citrus Fiber Market Trends, Citrus Fiber Market Forecast, Citrus Fiber Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.