The citrus fiber market is predicted to be valued at US$ 172.7 million in 2024 and is expected to reach US$ 248.6 million by 2034, marking a CAGR of 3.7%. The upsurge in product acceptance and usage is the factor accountable for the market growth during the forecast period.
Attributes | Details |
---|---|
Market Value for 2024 | US$ 172.7 million |
Projected Market Value for 2034 | US$ 248.6 million |
Value-based CAGR of Market for 2024 to 2034 | 3.7% |
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The powder is the top form of citrus fiber. The preferable product type as per the consumer demand is natural citrus fiber.
The powdered citrus fiber is expected to capture an 87.7% CAGR of the market share in 2024. Here are some factors influencing the growth of the market:
Attributes | Details |
---|---|
By Form | Powder |
Market Share (2024) | 87.7% |
The natural citrus fiber segment is anticipated to account for 91.7% of the market share in 2024. Some of the reasons for the progress of natural citric fibers adoption are:
Attributes | Details |
---|---|
Product Type | Natural |
Market Share (2024) | 91.7% |
North America is developing new product lines due to the growing demand for fortified food and beverages in the region, encompassing the United States, Canada, and Mexico. The market is expanding because of changing consumer eating patterns and a focus on a healthier lifestyle. The demand for citrus fiber in North America has driven the expansion of the citrus fiber market.
Industrialists are frequently investing in research and development programs to innovate a wide variety of health and nutritional supplements. The launch of new products has increased the demand for citric fiber in developing regions such as Asia Pacific and the Middle East.
Countries | CAGR (2024 to 2034) |
---|---|
United State | 2.3% |
Germany | 2.3% |
China | 4.3% |
Japan | 5.1% |
India | 5.1% |
North America is a key player in the global citrus fiber market, with the United States projected to grow at a CAGR of 2.3% through 2034.
The citrus fiber market is expected to progress at a CAGR of 4.3% in China through 2034.
The market is expected to progress at a CAGR of 2.3% in Germany throughout the forecast period.
The citrus fiber market is estimated to progress at a CAGR of 5.1% in Japan during the forecast period.
India is also anticipated to observe a profitable growth at a CAGR of 5.1% during the forecast period of 2024 to 2034.
Citrus fiber is gaining popularity in culinary applications due to its functional potential. Market players are taking advantage of this and trying to improve their offerings to further penetrate the market. As regulatory agencies recognize its safety and benefits, manufacturers are innovating new products with citric fiber, ensuring food safety standards and promoting market growth through regulatory backing and approval.
Fiberstar, Inc. has launched the new organic citric fiber in response to the increasing demand for natural, sustainable, and organic food ingredients, fueling an uptick in demand and supporting growth in consumer health and wellness initiatives.
CP Kelco, a global leader in nature-based ingredient solutions, announces that its NUTRAVA citrus fiber is certified as an upcycled ingredient by the Upcycled Food Association.
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The market size is estimated to be US$ 172.7 million in 2024.
The market is expected to increase at a CAGR of 3.7% over the forecast period.
The market is expected to register a CAGR of 4.3% in China from 2024 to 2034.
The Market is forecasted to have reached a size of US$ 248.6 million by 2034.
Fiberstar, Inc., CEAMSA, CP Kelco, Inc., Herbafoods Ingredients GmbH, Florida Food Products, Inc., Lemont, Golden Health, FUYAN PHARM (Henan), Inc., Nans Products, Cifal Herbal Private Ltd.
The market is expected to register a CAGR of 5.1% in India from 2024 to 2034.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Grade 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2024 to 2034 5.3.1. Food Grade 5.3.2. Pharmaceutical Grade 5.3.3. Cosmetic Grade 5.4. Y-o-Y Growth Trend Analysis By Grade, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Grade, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Source, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Source, 2024 to 2034 6.3.1. Orange 6.3.2. Tangerine/Mandarins 6.3.3. Grapefruit 6.3.4. Lemons and Lime 6.4. Y-o-Y Growth Trend Analysis By Source, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Source, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2024 to 2034 7.3.1. Bakery 7.3.2. Desserts and Ice-cream 7.3.3. Sauces & Seasonings 7.3.4. Meat & Egg Replacement 7.3.5. Beverages 7.3.6. Flavourings & Coatings 7.3.7. Snacks & Meals 7.3.8. Personal Care 7.3.9. Pharmaceutical 7.3.10. Other Application 7.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Function 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Function, 2019 to 2023 8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Function, 2024 to 2034 8.3.1. Water Binder & Fat Replacer 8.3.2. Thickening Gums 8.3.3. Gelling Gums 8.3.4. Others 8.4. Y-o-Y Growth Trend Analysis By Function, 2019 to 2023 8.5. Absolute $ Opportunity Analysis By Function, 2024 to 2034 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023 9.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034 9.3.1. North America 9.3.2. Latin America 9.3.3. Western Europe 9.3.4. Eastern Europe 9.3.5. South Asia and Pacific 9.3.6. East Asia 9.3.7. Middle East and Africa 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. USA 10.2.1.2. Canada 10.2.2. By Grade 10.2.3. By Source 10.2.4. By Application 10.2.5. By Function 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Grade 10.3.3. By Source 10.3.4. By Application 10.3.5. By Function 10.4. Key Takeaways 11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Brazil 11.2.1.2. Mexico 11.2.1.3. Rest of Latin America 11.2.2. By Grade 11.2.3. By Source 11.2.4. By Application 11.2.5. By Function 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Grade 11.3.3. By Source 11.3.4. By Application 11.3.5. By Function 11.4. Key Takeaways 12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. UK 12.2.1.3. France 12.2.1.4. Spain 12.2.1.5. Italy 12.2.1.6. Rest of Western Europe 12.2.2. By Grade 12.2.3. By Source 12.2.4. By Application 12.2.5. By Function 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Grade 12.3.3. By Source 12.3.4. By Application 12.3.5. By Function 12.4. Key Takeaways 13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. Poland 13.2.1.2. Russia 13.2.1.3. Czech Republic 13.2.1.4. Romania 13.2.1.5. Rest of Eastern Europe 13.2.2. By Grade 13.2.3. By Source 13.2.4. By Application 13.2.5. By Function 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Grade 13.3.3. By Source 13.3.4. By Application 13.3.5. By Function 13.4. Key Takeaways 14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. India 14.2.1.2. Bangladesh 14.2.1.3. Australia 14.2.1.4. New Zealand 14.2.1.5. Rest of South Asia and Pacific 14.2.2. By Grade 14.2.3. By Source 14.2.4. By Application 14.2.5. By Function 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Grade 14.3.3. By Source 14.3.4. By Application 14.3.5. By Function 14.4. Key Takeaways 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. China 15.2.1.2. Japan 15.2.1.3. South Korea 15.2.2. By Grade 15.2.3. By Source 15.2.4. By Application 15.2.5. By Function 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Grade 15.3.3. By Source 15.3.4. By Application 15.3.5. By Function 15.4. Key Takeaways 16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 16.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 16.2.1. By Country 16.2.1.1. GCC Countries 16.2.1.2. South Africa 16.2.1.3. Israel 16.2.1.4. Rest of MEA 16.2.2. By Grade 16.2.3. By Source 16.2.4. By Application 16.2.5. By Function 16.3. Market Attractiveness Analysis 16.3.1. By Country 16.3.2. By Grade 16.3.3. By Source 16.3.4. By Application 16.3.5. By Function 16.4. Key Takeaways 17. Key Countries Market Analysis 17.1. USA 17.1.1. Pricing Analysis 17.1.2. Market Share Analysis, 2023 17.1.2.1. By Grade 17.1.2.2. By Source 17.1.2.3. By Application 17.1.2.4. By Function 17.2. Canada 17.2.1. Pricing Analysis 17.2.2. Market Share Analysis, 2023 17.2.2.1. By Grade 17.2.2.2. By Source 17.2.2.3. By Application 17.2.2.4. By Function 17.3. Brazil 17.3.1. Pricing Analysis 17.3.2. Market Share Analysis, 2023 17.3.2.1. By Grade 17.3.2.2. By Source 17.3.2.3. By Application 17.3.2.4. By Function 17.4. Mexico 17.4.1. Pricing Analysis 17.4.2. Market Share Analysis, 2023 17.4.2.1. By Grade 17.4.2.2. By Source 17.4.2.3. By Application 17.4.2.4. By Function 17.5. Germany 17.5.1. Pricing Analysis 17.5.2. Market Share Analysis, 2023 17.5.2.1. By Grade 17.5.2.2. By Source 17.5.2.3. By Application 17.5.2.4. By Function 17.6. UK 17.6.1. Pricing Analysis 17.6.2. Market Share Analysis, 2023 17.6.2.1. By Grade 17.6.2.2. By Source 17.6.2.3. By Application 17.6.2.4. By Function 17.7. France 17.7.1. Pricing Analysis 17.7.2. Market Share Analysis, 2023 17.7.2.1. By Grade 17.7.2.2. By Source 17.7.2.3. By Application 17.7.2.4. By Function 17.8. Spain 17.8.1. Pricing Analysis 17.8.2. Market Share Analysis, 2023 17.8.2.1. By Grade 17.8.2.2. By Source 17.8.2.3. By Application 17.8.2.4. By Function 17.9. Italy 17.9.1. Pricing Analysis 17.9.2. Market Share Analysis, 2023 17.9.2.1. By Grade 17.9.2.2. By Source 17.9.2.3. By Application 17.9.2.4. By Function 17.10. Poland 17.10.1. Pricing Analysis 17.10.2. Market Share Analysis, 2023 17.10.2.1. By Grade 17.10.2.2. By Source 17.10.2.3. By Application 17.10.2.4. By Function 17.11. Russia 17.11.1. Pricing Analysis 17.11.2. Market Share Analysis, 2023 17.11.2.1. By Grade 17.11.2.2. By Source 17.11.2.3. By Application 17.11.2.4. By Function 17.12. Czech Republic 17.12.1. Pricing Analysis 17.12.2. Market Share Analysis, 2023 17.12.2.1. By Grade 17.12.2.2. By Source 17.12.2.3. By Application 17.12.2.4. By Function 17.13. Romania 17.13.1. Pricing Analysis 17.13.2. Market Share Analysis, 2023 17.13.2.1. By Grade 17.13.2.2. By Source 17.13.2.3. By Application 17.13.2.4. By Function 17.14. India 17.14.1. Pricing Analysis 17.14.2. Market Share Analysis, 2023 17.14.2.1. By Grade 17.14.2.2. By Source 17.14.2.3. By Application 17.14.2.4. By Function 17.15. Bangladesh 17.15.1. Pricing Analysis 17.15.2. Market Share Analysis, 2023 17.15.2.1. By Grade 17.15.2.2. By Source 17.15.2.3. By Application 17.15.2.4. By Function 17.16. Australia 17.16.1. Pricing Analysis 17.16.2. Market Share Analysis, 2023 17.16.2.1. By Grade 17.16.2.2. By Source 17.16.2.3. By Application 17.16.2.4. By Function 17.17. New Zealand 17.17.1. Pricing Analysis 17.17.2. Market Share Analysis, 2023 17.17.2.1. By Grade 17.17.2.2. By Source 17.17.2.3. By Application 17.17.2.4. By Function 17.18. China 17.18.1. Pricing Analysis 17.18.2. Market Share Analysis, 2023 17.18.2.1. By Grade 17.18.2.2. By Source 17.18.2.3. By Application 17.18.2.4. By Function 17.19. Japan 17.19.1. Pricing Analysis 17.19.2. Market Share Analysis, 2023 17.19.2.1. By Grade 17.19.2.2. By Source 17.19.2.3. By Application 17.19.2.4. By Function 17.20. South Korea 17.20.1. Pricing Analysis 17.20.2. Market Share Analysis, 2023 17.20.2.1. By Grade 17.20.2.2. By Source 17.20.2.3. By Application 17.20.2.4. By Function 17.21. GCC Countries 17.21.1. Pricing Analysis 17.21.2. Market Share Analysis, 2023 17.21.2.1. By Grade 17.21.2.2. By Source 17.21.2.3. By Application 17.21.2.4. By Function 17.22. South Africa 17.22.1. Pricing Analysis 17.22.2. Market Share Analysis, 2023 17.22.2.1. By Grade 17.22.2.2. By Source 17.22.2.3. By Application 17.22.2.4. By Function 17.23. Israel 17.23.1. Pricing Analysis 17.23.2. Market Share Analysis, 2023 17.23.2.1. By Grade 17.23.2.2. By Source 17.23.2.3. By Application 17.23.2.4. By Function 18. Market Structure Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Market Share Analysis of Top Players 18.3.1. By Regional 18.3.2. By Grade 18.3.3. By Source 18.3.4. By Application 18.3.5. By Function 19. Competition Analysis 19.1. Competition Deep Dive 19.1.1. Fiberstar, Inc. 19.1.1.1. Overview 19.1.1.2. Product Portfolio 19.1.1.3. Profitability by Market Segments 19.1.1.4. Sales Footprint 19.1.1.5. Strategy Overview 19.1.1.5.1. Marketing Strategy 19.1.1.5.2. Product Strategy 19.1.1.5.3. Channel Strategy 19.1.2. CEAMSA 19.1.2.1. Overview 19.1.2.2. Product Portfolio 19.1.2.3. Profitability by Market Segments 19.1.2.4. Sales Footprint 19.1.2.5. Strategy Overview 19.1.2.5.1. Marketing Strategy 19.1.2.5.2. Product Strategy 19.1.2.5.3. Channel Strategy 19.1.3. CP Kelco, Inc. 19.1.3.1. Overview 19.1.3.2. Product Portfolio 19.1.3.3. Profitability by Market Segments 19.1.3.4. Sales Footprint 19.1.3.5. Strategy Overview 19.1.3.5.1. Marketing Strategy 19.1.3.5.2. Product Strategy 19.1.3.5.3. Channel Strategy 19.1.4. Herbafoods Ingredients GmbH 19.1.4.1. Overview 19.1.4.2. Product Portfolio 19.1.4.3. Profitability by Market Segments 19.1.4.4. Sales Footprint 19.1.4.5. Strategy Overview 19.1.4.5.1. Marketing Strategy 19.1.4.5.2. Product Strategy 19.1.4.5.3. Channel Strategy 19.1.5. Florida Food Products, Inc. 19.1.5.1. Overview 19.1.5.2. Product Portfolio 19.1.5.3. Profitability by Market Segments 19.1.5.4. Sales Footprint 19.1.5.5. Strategy Overview 19.1.5.5.1. Marketing Strategy 19.1.5.5.2. Product Strategy 19.1.5.5.3. Channel Strategy 19.1.6. Lemont 19.1.6.1. Overview 19.1.6.2. Product Portfolio 19.1.6.3. Profitability by Market Segments 19.1.6.4. Sales Footprint 19.1.6.5. Strategy Overview 19.1.6.5.1. Marketing Strategy 19.1.6.5.2. Product Strategy 19.1.6.5.3. Channel Strategy 19.1.7. Golden Health 19.1.7.1. Overview 19.1.7.2. Product Portfolio 19.1.7.3. Profitability by Market Segments 19.1.7.4. Sales Footprint 19.1.7.5. Strategy Overview 19.1.7.5.1. Marketing Strategy 19.1.7.5.2. Product Strategy 19.1.7.5.3. Channel Strategy 19.1.8. FUYAN PHARM (Henan), Inc. 19.1.8.1. Overview 19.1.8.2. Product Portfolio 19.1.8.3. Profitability by Market Segments 19.1.8.4. Sales Footprint 19.1.8.5. Strategy Overview 19.1.8.5.1. Marketing Strategy 19.1.8.5.2. Product Strategy 19.1.8.5.3. Channel Strategy 19.1.9. Nans Products 19.1.9.1. Overview 19.1.9.2. Product Portfolio 19.1.9.3. Profitability by Market Segments 19.1.9.4. Sales Footprint 19.1.9.5. Strategy Overview 19.1.9.5.1. Marketing Strategy 19.1.9.5.2. Product Strategy 19.1.9.5.3. Channel Strategy 19.1.10. Cifal Herbal Private Ltd. 19.1.10.1. Overview 19.1.10.2. Product Portfolio 19.1.10.3. Profitability by Market Segments 19.1.10.4. Sales Footprint 19.1.10.5. Strategy Overview 19.1.10.5.1. Marketing Strategy 19.1.10.5.2. Product Strategy 19.1.10.5.3. Channel Strategy 20. Assumptions & Acronyms Used 21. Research Methodology
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