Consumption of vital nutrients, which is important for body metabolism and digestion, has bolstered the consumption of citrus fiber since consumer awareness in terms of food safety has increased in recent years. According to a recent report by Future Market Insights (FMI), the citrus fiber market is set to surpass US$ 184 Mn in 2031, rising at a healthy CAGR of over 5%.
With the rise of the clean label movement, demand for natural foods has skyrocketed, resulting in the addition of citrus fiber in myriad food and beverage products. Meanwhile, in developed markets such as the U.S., conflicting laws have made it illegal to utilize certain substances as food additives due to their harmful nature. Extensive scientific research and studies have elevated the position of citrus fiber as a healthy food additive that can improve the product quality and texture.
Citrus fiber is often regarded as a neutral-tasting food additive that can extend the shelf life of food products. Under FDA regulations, prohibited food additives including hydrocolloids, phosphates, carrageenan, and others can be successfully replaced by citrus fiber components.
To appeal to the world’s rising health-conscious consumer base, food manufacturers are proactively working on adding citrus fiber ingredients in the production of fat-free edibles.
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In recent years, the demand for dietary fiber has grown significantly. Citrus fruits have received increasing attention from several dietary fiber manufacturers from fruit source. Citrus fruits such as orange, grapefruit, lemon and tangerines/ mandarins are rich sources of dietary fibers with a well-balanced proportion of soluble and insoluble fibers.
Citrus Fiber Market by Category
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
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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Key Questions Answered in the Report
- What is citrus fiber market size?
The overall citrus fiber market is projected to surpass US$ 111 Mn in 2021.
- At what rate did the citrus fiber market grow in the last five years?
Demand in the citrus fiber market increased at 4.3% CAGR between 2016 and 2020.
- What are the key trends shaping the citrus fiber market?
Market players are likely to focus on exploring potential new applications for previously untapped revenue streams.
- What is the share of the leading citrus fiber companies?
Leading citrus fiber companies include CP Kelco, Fiberstar Inc, CEAMSA, Herbafoods Ingredients GmbH, Florida Food Products Inc., and Lemont, who cumulatively account for 41% of the market. .
- What is the North America citrus fiber market outlook?
North America is dominating the global citrus fiber market and will exhibit a 5.8% CAGR through the end of the forecast period.
- Which countries are key producers of citrus fiber?
The U.S., Mexico, Brazil, and China are the leading producers of citrus fiber products.
- At what rate will the demand rise in the Europe citrus fiber market?
The Europe citrus fiber market is expected to rise at a CAGR of 4.1% between 2021 and 2031.
- Which are the top five countries driving citrus fiber market demand?
Leading countries driving demand in the citrus fiber market are the U.S., Germany, China, France, and the U.K.
- What are the key statistics for citrus fiber market in Japan and South Korea?
Citrus fiber solutions in Japan and South Korea are expected to hold a 3.9% and 2.5% market share, respectively.