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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