Citrus Fiber Market Research Report—Global Forecast till 2028

Citrus Fiber Market: Information by Application (Food & Beverages {Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Meat Products, Meat Substitutes, Others} Personal Care, and Others) and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2028

ID: MRFR/F-B & N/9278-HCR | August 2022 | Region: Global | 90 Pages         

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Market Structure

3. MARKET RESEARCH METHODOLOGY

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. MARKET LANDSCAPE

4.1. Supply Chain Analysis

4.1.1. Raw Material Suppliers

4.1.2. Manufacturers/Producers

4.1.3. Distributors/Retailers/Wholesalers/E-Commerce

4.1.4. End Users

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitutes

4.2.5. Internal Rivalry

4.3. Impact of Covid-19 on Global Citrus Fiber Market

4.3.1. Impact on Production

4.3.2. Impact on Raw Material Availability

4.3.3. Impact on Supply Chain

4.3.4. Others

5. MARKET DYNAMICS OF THE GLOBAL CITRUS FIBER MARKET

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

6. GLOBAL CITRUS FIBER MARKET, BY APPLICATION

6.1. Introduction

6.2. Food & Beverages

6.2.1. Market Estimates & Forecast, 2019-2028

6.2.2. Market Estimates & Forecast, by Region, 2019-2028

6.2.3. Bakery & Confectionery

6.2.3.1. Market Estimates & Forecast, 2019-2028

6.2.3.2. Market Estimates & Forecast, by Region, 2019-2028

6.2.4. Dairy & Frozen Desserts

6.2.4.1. Market Estimates & Forecast, 2019-2028

6.2.4.2. Market Estimates & Forecast, by Region, 2019-2028

6.2.5. Beverages

6.2.5.1. Market Estimates & Forecast, 2019-2028

6.2.5.2. Market Estimates & Forecast, by Region, 2019-2028

6.2.6. Meat Products

6.2.6.1. Market Estimates & Forecast, 2019-2028

6.2.6.2. Market Estimates & Forecast, by Region, 2019-2028

6.2.7. Meat Substitutes

6.2.7.1. Market Estimates & Forecast, 2019-2028

6.2.7.2. Market Estimates & Forecast, by Region, 2019-2028

6.2.8. Others

6.2.8.1. Market Estimates & Forecast, 2019-2028

6.2.8.2. Market Estimates & Forecast, by Region, 2019-2028

6.3. Personal Care

6.3.1. Market Estimates & Forecast, 2019-2028

6.3.2. Market Estimates & Forecast, by Region, 2019-2028

6.4. Others

6.4.1. Market Estimates & Forecast, 2019-2028

6.4.2. Market Estimates & Forecast, by Region, 2019-2028

7. GLOBAL CITRUS FIBER MARKET, BY REGION

7.1. Introduction

7.2. North America

7.2.1. Market Estimates & Forecast, 2019-2028

7.2.2. Market Estimates & Forecast, by Application, 2019-2028

7.2.3. Market Estimates & Forecast, by Country, 2019-2028

7.2.4. US

7.2.4.1. Market Estimates & Forecast, by Application, 2019-2028

7.2.5. Canada

7.2.5.1. Market Estimates & Forecast, by Application, 2019-2028

7.2.6. Mexico

7.2.6.1. Market Estimates & Forecast, by Application, 2019-2028

7.3. Europe

7.3.1. Market Estimates & Forecast, 2019-2028

7.3.2. Market Estimates & Forecast, by Application, 2019-2028

7.3.3. Market Estimates & Forecast, by Country, 2019-2028

7.3.4. Germany

7.3.4.1. Market Estimates & Forecast, by Application, 2019-2028

7.3.5. UK

7.3.5.1. Market Estimates & Forecast, by Application, 2019-2028

7.3.6. France

7.3.6.1. Market Estimates & Forecast, by Application, 2019-2028

7.3.7. Spain

7.3.7.1. Market Estimates & Forecast, by Application, 2019-2028

7.3.8. Italy

7.3.8.1. Market Estimates & Forecast, by Application, 2019-2028

7.3.9. Rest of Europe

7.3.9.1. Market Estimates & Forecast, by Application, 2019-2028

7.4. Asia-Pacific

7.4.1. Market Estimates & Forecast, 2019-2028

7.4.2. Market Estimates & Forecast, by Application, 2019-2028

7.4.3. Market Estimates & Forecast, by Country, 2019-2028

7.4.4. China

7.4.4.1. Market Estimates & Forecast, by Application, 2019-2028

7.4.5. Japan

7.4.5.1. Market Estimates & Forecast, by Application, 2019-2028

7.4.6. India

7.4.6.1. Market Estimates & Forecast, by Application, 2019-2028

7.4.7. Australia & New Zealand

7.4.7.1. Market Estimates & Forecast, by Application, 2019-2028

7.4.8. Rest of Asia-Pacific

7.4.8.1. Market Estimates & Forecast, by Application, 2019-2028

7.5. Rest of the World

7.5.1. Market Estimates & Forecast, 2019-2028

7.5.2. Market Estimates & Forecast, by Application, 2019-2028

7.5.3. Market Estimates & Forecast, by Region, 2019-2028

7.5.4. South America

7.5.4.1. Market Estimates & Forecast, by Application, 2019-2028

7.5.5. Middle East

7.5.5.1. Market Estimates & Forecast, by Application, 2019-2028

7.5.6. Africa

7.5.6.1. Market Estimates & Forecast, by Application, 2019-2028

8. COMPETITIVE LANDSCAPE

8.1. Introduction

8.2. Market Strategy

8.3. Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

9. COMPANY PROFILES

9.1. Fiberstar, Inc

9.1.1. Company Overview

9.1.2. Financial Updates

9.1.3. Product/Business Segment Overview

9.1.4. Strategies

9.1.5. Key Developments

9.1.6. SWOT Analysis

9.2. CP Kelco, Inc

9.2.1. Company Overview

9.2.2. Financial Updates

9.2.3. Product/Business Segment Overview

9.2.4. Strategies

9.2.5. Key Developments

9.2.6. SWOT Analysis

9.3. Herbafoods Ingredients GmbH

9.3.1. Company Overview

9.3.2. Financial Updates

9.3.3. Product/Business Segment Overview

9.3.4. Strategies

9.3.5. Key Developments

9.3.6. SWOT Analysis

9.4. Lemont

9.4.1. Company Overview

9.4.2. Financial Updates

9.4.3. Product/Business Segment Overview

9.4.4. Strategies

9.4.5. Key Developments

9.4.6. SWOT Analysis

9.5. FUYAN PHARM Inc.

9.5.1. Company Overview

9.5.2. Financial Updates

9.5.3. Product/Business Segment Overview

9.5.4. Strategies

9.5.5. Key Developments

9.5.6. SWOT Analysis

9.6. Ceamsa

9.6.1. Company Overview

9.6.2. Financial Updates

9.6.3. Product/Business Segment Overview

9.6.4. Strategies

9.6.5. Key Developments

9.6.6. SWOT Analysis

9.7. Florida Food Products, Inc.

9.7.1. Company Overview

9.7.2. Financial Updates

9.7.3. Product/Business Segment Overview

9.7.4. Strategies

9.7.5. Key Developments

9.7.6. SWOT Analysis

9.8. Golden Health

9.8.1. Company Overview

9.8.2. Financial Updates

9.8.3. Product/Business Segment Overview

9.8.4. Strategies

9.8.5. Key Developments

9.8.6. SWOT Analysis

9.9. Cifal Herbal Private Ltd

9.9.1. Company Overview

9.9.2. Financial Updates

9.9.3. Product/Business Segment Overview

9.9.4. Strategies

9.9.5. Key Developments

9.9.6. SWOT Analysis

9.10. Nans Products

9.10.1. Company Overview

9.10.2. Financial Updates

9.10.3. Product/Business Segment Overview

9.10.4. Strategies

9.10.5. Key Developments

9.10.6. SWOT Analysis

10. CONCLUSION

 

LIST OF TABLES

TABLE 1 Global Citrus Fiber Market, by Region, 2019-2028 (USD Million)

TABLE 2 Global Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 4 Global Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 5 North America: Citrus Fiber Market, by Country, 2019-2028 (USD Million)

TABLE 6 North America: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 8 North America: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 9 US: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 11 US: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 12 Canada: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 14 Canada: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 15 Mexico: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 17 Mexico: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 18 Europe: Citrus Fiber Market, by Country, 2019-2028 (USD Million)

TABLE 19 Europe: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 21 Europe: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 22 Germany: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 24 Germany: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 25 France: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 27 France: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 28 Italy: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 30 Italy: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 31 Spain: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 33 Spain: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 34 UK: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 36 UK: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 37 Rest of Europe: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 39 Rest of Europe: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 40 Asia-Pacific: Citrus Fiber Market, by Country, 2019-2028 (USD Million)

TABLE 41 Asia-Pacific: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 43 Asia-Pacific: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 44 China: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 46 China: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 47 India: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 49 India: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 50 Japan: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 52 Japan: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 52 Rest of Asia-Pacific: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 55 Rest of Asia-Pacific: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 56 Rest of the World (RoW): Citrus Fiber Market, by Region, 2019-2028 (USD Million)

TABLE 57 Rest of the World (RoW): Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 59 Rest of the World (RoW): Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 60 South America: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 62 South America: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 63 Middle East: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 65 Middle East: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

TABLE 66 Africa: Citrus Fiber Market, by Application, 2019-2028 (USD Million)

TABLE 68 Africa: Citrus Fiber Market, by Distribution Channel, 2019-2028 (USD Million)

 

LIST OF FIGURES

FIGURE 1 Global Citrus Fiber Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Citrus Fiber Market

FIGURE 4 Value Chain of the Global Citrus Fiber Market

FIGURE 5 Share of the Global Citrus Fiber Market in 2020, by Country (%)

FIGURE 6 Global Citrus Fiber Market, by Region, 2019–2028

FIGURE 7 Share of the Global Citrus Fiber Market, by Application, 2020 (%)

FIGURE 8 Global Citrus Fiber Market Size, by Application, 2019–2028

Citrus Fiber Market

The global citrus fiber market is projected to register a CAGR of 3.17% and reach a value of USD 431.8 million by 2028.

Segmentation

By Application Food & Beverages Personal Care Others
By Region North America Europe Asia Pacific Row

Key Players

  • Fiberstar Inc(United States)
  • CP Kelco
  • Inc(United States)
  • Herbafoods Ingredients GmbH(Germany)
  • Lemont(China)
  • FUYAN PHARM Inc.(China)
  • Ceamsa(Spain)
  • Florida Food Products Inc.(United States)
  • Golden Health(China)
  • Cifal Herbal Private Ltd(India)
  • Nans Products(India).

Drivers

  • Increased Demand for Organic Products
  • Increased Demand for Clean Label Products
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Citrus Fiber Market Overview


The global citrus fiber market is projected to register a CAGR of 3.17% and reach a value of USD 431.8 million by 2028. Citrus fiber market is still in the early growth stages of development and is expected to show high growth during the forecast period. Demand in the developed economies has been high, while that in emerging economies is expected to gradually increase during the forecast period. Changes in consumer snacking habits and demand for clean label & natural ingredients is expected to augment the growth of the citrus fiber market during the forecast period.


COVID-19 Impact Analysis


COVID-19 has created immense pressure across the supply chain and had crippled multiple nodes during the early stages. While impact on industrial manufacturers was high, impact on food & beverage sector was lower than the estimates. Closure of manufacturing facilities and low throughput of facilities had shown significant impact on the market. Crippled supply chains and disruptions during the pandemic period negatively affected the market, but V shaped recovery curve was observed for the citrus fiber market in developed economies.


As the global economy is still under significant pressure due to the pandemic and is recovering slowly, its impact on the global trade and supply chain has been low during 2021. The governments of various countries have imposed strict containment and preventive measures to control the impact of the outbreak resulting in restricted transportation of raw materials across the globe. Therefore, a demand and supply gap were formed, but swell in demand for packaged goods was observed. This trend is expected to continue owing to the uncertainty in the global market. Partial easement of lockdowns in multiple countries and restarting of trade in some capacity has shown positive effect on the market.


Market Dynamics


The growth of the citrus fiber market is expected to be driven by the increasing consumer awareness and demand for functional products across the globe. Citrus fiber has been popular for multiple years and consumers with high health awareness like sports enthusiasts have been primary consumers. Prices of the citrus fiber are high in comparison with other fiber products due to high production cost and high initial investments involved. This can affect the consumer adoption in early stages, but new players entering the market can increase the competition and in turn increase power of buyers in long term.


Drivers:


  • Increased Demand for Health Snacking & Packaged Foods


The packaged food products market has seen significant growth during the recent years, due to multiple underlying trends in the market. The consumer demand patterns have also shown significant shift during the recent years. Consumer demand for bakery & confectionary, meat products and meat substitutes has been rising, and has significantly increased demand for citrus fiber in packaged food industry.


The growing trend of consuming convenience snacking began in developed regions and is rapidly spreading to emerging economies in Asia-Pacific. On the go snacking has significantly increased demand for frozen and ready to eat foods. The increased demand is expected to have positive impact on citrus fiber market during the forecast period.



  • Increased Demand for Plant-based Products


Existing demand for citrus fiber has been high in the market, demand from some demographics has shown increase during recent years. Increased consumer awareness of the nutritional labels and low preference of highly processed ingredients has supplemented the demand of citrus fiber. The increased lifestyle changes and adoption of new diets like keto, vegan and organic, has positively affected some citrus fiber market, and is expected highly benefit during the forecast period.


High level investments and innovative products lines for plant based functional products is expected to augment the demand for citrus fiber during the forecast. The trend for plant-based products has shown high effect on consumer preferences in the North America and Europe. The impact in the market is in early stages, and innovative applications of citrus fiber in food and beverages industry can highly benefit growth of citrus fiber market.


Opportunity:


  • Certification Labels to Boost growth of Citrus Fiber


Increased consumer awareness of the nutritional labels and low preference of highly processed ingredients has affected the demand of multiple products. The increased lifestyle changes have positively impacted the growth of packaged food market, and multiple new innovations have been observed. The demand for traceability from consumers has driven citrus fiber manufacturers to invest in clean labels like non-GMO, organic, and vegan among others can significantly benefit the brand image and adoption. Companies investing in certification labels are expected to gain higher consumer base and brand loyalty in the long run.


Value Chain Overview


The value chain of citrus fiber includes 4 major nodes i.e. raw material suppliers, manufacturers, distributors & suppliers. Raw material is sourced by manufacturers from raw material suppliers at bulk prices and is processed into intermediate ingredient and is sold in bulk containers. The manufacturers sell their products through distributors & suppliers to end use industries. Citrus fiber is consumed in manufacturing of final consumer products.


Segment Overview


By Application


Based on application, the global citrus fiber market has been divided into food & beverages, personal care, and others. Food & beverages segment is further segmented into bakery & confectionery, dairy & frozen desserts, beverages, meat products, meat substitutes, others. Food & beverages segment accounts for dominant share in the market. The segment is expected to show the highest growth in comparison with other segments in the market. The personal care segment has shown moderate growth during the recent years and is expected to portray similar growth during the forecast period.


Global Citrus Fiber Market Share, by Region, 2020 (%)

Source: MRFR Analysis


Regional Analysis


The global citrus fiber market has been divided into geographies as North America, Europe, Asia-Pacific, and Rest of the World. North America accounted for the largest market share of 37.1% in 2020. Europe captured the second-largest market and is expected to register the high growth rate during the period of 2021 to 2028.


North America Market


The North America citrus fiber market accounted for the highest share of the global market in 2020. North America is a budding market for citrus fiber due to existing substantial demand and presence of established players in the region. While increased adoption trend of citrus fiber has been slightly affected due to the palatability of the products, demand for citrus fiber is expected to hold strong during the forecast period. High discretionary income and high spending on plant based products and dairy alternatives is expected to boost the growth of citrus fiber in the North America region. The increase in demand for convenience and packaged food is also expected to supplement growth of citrus fiber demand in North America.


Asia Pacific Market


The demand for citrus fiber in Asia Pacific region is low as compared to North America and Europe. However, it is expected to be a lucrative region among the manufacturers of citrus fiber. The growth of the regional market is marked by the adoption of healthier life choices during the post pandemic. Increase in discretionary income and rising purchasing power of consumers is expected to be highly beneficial to the growth of packaged food market, which in turn will supplement demand of citrus fiber in the region. Asia-Pacific market is expected to portray the highest growth in terms of CAGR during the forecast period.


Competitive Landscape


The market for citrus fiber is partially consolidated with top players accounting for more than half revenue share in the market. The market comprises tier-1 players have been working to address the changing demands of end use industries. Companies have opted for investments in research and development for new products with functional properties to meet the demand for functional products in the market. The key players have also invested in increasing their production capacities to meet the increasing demand for citrus fiber in the market.


Prominent players in the global wellness products market include Fiberstar, Inc(United States), CP Kelco, Inc(United States), Herbafoods Ingredients GmbH(Germany), Lemont(China), FUYAN PHARM Inc.(China), Ceamsa(Spain), Florida Food Products, Inc.(United States), Golden Health(China), Cifal Herbal Private Ltd(India), and Nans Products(India).


Recent Developments



  • In May 2019, CP Kelco launched Nutrava Citrus Fiber product line. Nutrava Citrus Fiber is a trademarked product of CP Kelco, made from natural and traceable ingredients. The product meets the need for natural dietary fiber, thickening agent and stabilizing agent in multiple food processing and packaged food manufacturing markets.

  • In October 2019, Fiberstar Inc launched Citri-Fi 100 series. The company has been expanding their portfolio and is developing products to meet the demand in meat alternatives market. The company’s products offer better properties like structure and binding to the end product.

  • In September 2021, CP Kelco invested US$ 50 million in expansion of citrus fiber production capacity in their Brazil facility. The expansion of production is intended to meet the increasing demand for citrus fiber in the dietary fiber market.

  • In September 2021, Cargill inaugurated their Brazil facility for production of pectin. The company invested US$ 150 million for construction of the facility. The facility is expected to help the company increase their foot print in Americas market, increase production capacity of products like citrus fiber pectin and increase formulation capacities of the company.


Report Overview


Citrus fiber market report provides snapshot of the current market as well as the growth prospects over the forecast period (2021-2028). The report offers key insights regarding the market size, regional analysis, segmental overview, competitive landscape, analysis of key players, and analysis of COVID-19 impact on citrus fiber market. The report includes overall evaluation of supply chain and value chain of the market. The report provides in depth assessment of dynamics like growth drivers, looming opportunities, challenging factors and anticipated impact over the forecast. The report includes benchmarking of key players as well as developments carried out in the market.


Objectives of the Study 



  • Develop better understanding of citrus fiber market

  • Researching new and innovative products gaining traction during COVID-19 crisis

  • Assessing changes in consumer behaviour and purchasing patterns

  • Assessment of the citrus fiber market in quantitative and qualitative factors

  • Assessing growth prospects in the citrus fiber market


Scope of the Report


Global Citrus Fiber Market, by Application



  • Food & Beverages

    • Bakery & Confectionery

    • Dairy & Frozen Desserts

    • Beverages

    • Meat Products

    • Meat Substitutes

    • Others



  • Personal Care

  • Others


Global Citrus Fiber Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Rest of the World

    • South America

    • Middle East

    • Africa




Intended Audience



  • Functional Food Manufacturers

  • Citrus Fiber Manufacturers

  • Bakery and Confectionary Manufacturers

  • Commercial Research and Development Institutions

  • Retailers, Wholesalers, and Distributors

  • Governments, Associations, and Industrial Bodies

  • Investors and Trade Experts



Report Scope:
Report Attribute/Metric Details
  Market Size   2028: USD 431.8 Million
  CAGR   3.17% CAGR (2021-2028)
  Base Year    2020
  Forecast Period   2021-2028
  Historical Data   2019
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Fiberstar, Inc(United States), CP Kelco, Inc(United States), Herbafoods Ingredients GmbH(Germany), Lemont(China), FUYAN PHARM Inc.(China), Ceamsa(Spain), Florida Food Products, Inc.(United States), Golden Health(China), Cifal Herbal Private Ltd(India), Nans Products(India)
  Key Market Opportunities   Ripe Market in Asia-Pacific • Certification Labels to Boost growth of Citrus Fiber
  Key Market Drivers   Increased Demand for Organic Products • Increased Demand for Clean Label Products


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Frequently Asked Questions (FAQ) :

The global citrus fiber market is expected to portray a CAGR of ~3.17% over the forecast period.

Increased demand for functional products and plant based products

Investments in food and beverage applications is expected to create long term returns.