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Citrus Fiber Market Size - By Function(Water Binder & Fat Replacer, Thickening Gums, Gelling Gums), by Application(Bakery, Sauces & Seasonings, Meat & Egg Replacement, Desserts & Ice-Creams, Beverages, Flavorings, & Coatings, Snacks & Meals), by End Use Industry(Food & Beverage, Pharmaceuticals, Personal cares), by Distribution channel(Direct, Indirect) & Region - Forecasts 2022 - 2030

  • PUBLISHED ON
  • 2024-06-08
  • NO OF PAGES
  • 231
  • CATEGORY
  • Food & Beverages

Market Overview

The Citrus Fiber market is predicted to develop at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2033, when it is projected to reach USD 322.15 Million, based on an average growth pattern. The market is estimated to reach a value of USD 173.25 Million in 2024.

  

SOURCE: We Market Research

The peel of citrus fruits, mainly oranges and lemons, is a natural source of plant-based fiber. It is produced via a procedure that strips the peel of its carbohydrates and oils, leaving the fibrous substance behind. The fiber-rich material is further processed into a fine powder. Due to its remarkable ability to thicken and bind water, citrus fiber is used as an addition in a variety of food and beverage products. In a variety of applications, including baked foods, dairy products, meat products, and beverages, it improves texture, stability, and moisture retention. Furthermore, it provides health advantages like improving gut health and facilitating digestion because it is a soluble dietary fiber.

There are many factors that propel the citrus fiber industry. First off, because citrus fiber is derived from plants and has useful qualities, its acceptance has grown in response to the growing desire for natural and clean-label components in food and beverage items. Furthermore, as consumers' awareness of health and wellness has grown, they have developed a predilection for items that have additional dietary fiber, particularly citrus fiber, which has advantages for gut health and enhanced digestion. Its adaptability to a range of applications, including as dairy, meat, and pastry goods, also helps to fuel the market's expansion by meeting the changing demands of both producers and customers.

 

Market Scope

Report Attributes

Description

Market Size in 2024

USD 173.25 Million

Market Forecast in 2033

USD 322.15Million

CAGR % 2024-2033

6.2%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Source, by Grade, by Applications, by Function and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

 

Citrus Fiber Industry: Dynamics & Restrains



 Market opportunity:


 

 We Market Research: Citrus Fiber Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.


Citrus Fiber Market Segmentation

Market- By Source Analysis

By Source, the Citrus Fiber Market is Categories into Oranges, Tangerines/ Mandarins, Grapefruit, Lemons and Limes. The Orange segment accounts for the largest share of around 39% in 2024.


Orange subsegment dominates the citrus fiber market due to its widespread availability, versatility, and high fiber content, catering to diverse industrial applications and consumer demands for natural, functional ingredients.

The following segments are part of an in-depth analysis of the global Citrus Fiber market:

Market Segments

 

By   Grade

·         Food Grade

·         Pharmaceuticals grade

·         Others

By  Application

·         Bakery

·         Desserts and Ice cream

·         Sauces and Seasonings

·         Meat and Egg Replacement

·         Beverages

·         Flavouring and Coatings

·         Snacks and Meals

·         Personal Care

·         Pharmaceuticals

·         Others

By   Function

·         Water Binders and Fat Replacers

·         Thickening gums

·         Gelling gums

 

Citrus Fiber Industry: Regional Analysis

North America Market Forecast

North America dominate the Citrus Fiber Market with the highest revenue generating market with share of more than 46%. The region's economy is sustained by industrialization driving the use of Citrus Fiber fertilizers in a variety of sectors, while Increasing health awareness drives demand for natural fibers. Clean-label trends and gluten-free preferences boost citrus fiber use in food. Robust food industry in the US and Canada fosters market growth.


Europe Market Statistics

Europe Citrus Fiber market benefits from increasing awareness of the importance of employee well-being. Adoption of citrus fiber is accelerated by strict restrictions that promote natural ingredients. Germany, France, and the UK are seeing faster market growth due to consumer demand for functional foods and gluten-free products.

Asia Pacific Market Forecasts

Asia Pacific is expected to be the fastest-growing regional segment of the Citrus Fiber market during the forecast period. In the Asia Pacific, Urbanization increases the need for citrus fiber by boosting the consumption of processed foods. The rise of the market is driven by consumers' health consciousness in China, India, and Japan. Product innovation is supported by a growing food sector.

Key Market Players

·         Nans Products

·         EDGE Ingredients

·         Hebei Lemont Biotechnology Co., Ltd.

·         Koninklijke DSM N.V.

·         CEAMSA

·         Herbafood Ingredients GmbH

·         Cargill

·         Incorporated

·         Ingredients by Nature

·         Naturex SA

·         Fiberstar, Inc.

·         FGF Trapani

·         Other

1.      Global Citrus Fiber Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Citrus Fiber Market Scope and Market Estimation

1.2.1. Global Citrus Fiber Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2033)

1.2.2. Global Citrus Fiber Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033

1.3.    Market Segmentation

1.3.1. Component of Global Citrus Fiber Market

1.3.2. Technology of Global Citrus Fiber Market

1.3.3. Applications of Global Citrus Fiber Market

1.3.4. Region of Global Citrus Fiber Market

2.      Executive Summary

2.1.    Global Citrus Fiber Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Citrus Fiber Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.    Value Chain / Ecosystem Analysis

2.7.    Russia-Ukraine War Impacts Analysis

2.8.    Economic Downturn Analysis

2.9.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Citrus Fiber Market Estimates & Historical Trend Analysis (2019 - 2022)

4.      Global Citrus Fiber Market Estimates & Forecast Trend Analysis, by SOURCE

4.1.    Global Citrus Fiber Market Revenue (US$ Mn) Estimates and Forecasts, by SOURCE, 2019 to 2033

4.1.1. Oranges

4.1.2. Tangerines/ Mandarins

4.1.3. Grapefruit

4.1.4. Lemons and Limes

5.      Global Citrus Fiber Market Estimates & Forecast Trend Analysis, by Grade

5.1.    Global Citrus Fiber Market Revenue (US$ Mn) Estimates and Forecasts, by Grade , 2019 to 2033

5.1.1. Food Grade

5.1.2. Pharmaceuticals grade

5.1.3. Others

6.      Global Citrus Fiber Market Estimates & Forecast Trend Analysis, by Applications

6.1.    Global Citrus Fiber Market Revenue (US$ Mn) Estimates and Forecasts, by Applications, 2019 to 2033

6.1.1. Bakery

6.1.2. Desserts and Ice cream

6.1.3. Sauces and Seasonings

6.1.4. Meat and Egg Replacement

6.1.5. Beverages

6.1.6. Flavouring and Coatings

6.1.7. Snacks and Meals

6.1.8. Personal Care

6.1.9. Pharmaceuticals

6.1.10.   Others

7.      Global Citrus Fiber Market Estimates & Forecast Trend Analysis, by FUNCTION

7.1.    Global Citrus Fiber Market Revenue (US$ Mn) Estimates and Forecasts, by Applications, 2019 to 2033

7.1.1. Water Binders and Fat Replacers

7.1.2. Thickening gums

7.1.3. Gelling gums

8.      Global Citrus Fiber Market Estimates & Forecast Trend Analysis, by Region

8.1.    Global Citrus Fiber Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033

8.1.1. North America

8.1.2. Europe

8.1.3. Asia Pacific

8.1.4. Middle East & Africa

8.1.5. South America

9.      North America Citrus Fiber Market: Estimates & Forecast Trend Analysis

9.1.    North America Citrus Fiber Market Assessments & Key Findings

9.1.1. North America Citrus Fiber Market Introduction

9.1.2. North America Citrus Fiber Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

9.1.2.1.   By SOURCE

9.1.2.2.   By Grade

9.1.2.3.   By Applications

9.1.2.4.   By FUNCTION

9.1.2.5.   By Country

9.1.2.5.1.     The U.S.

9.1.2.5.2.     Canada

9.1.2.5.3.     Mexico

10.  Europe Citrus Fiber Market: Estimates & Forecast Trend Analysis

10.1.  Europe Citrus Fiber Market Assessments & Key Findings

10.1.1.   Europe Citrus Fiber Market Introduction

10.1.2.   Europe Citrus Fiber Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

10.1.2.1.    By SOURCE

10.1.2.2.    By Grade

10.1.2.3.    By Applications

10.1.2.4.    By FUNCTION

10.1.2.5.    By Country

10.1.2.5.1. Germany

10.1.2.5.2. U.K.

10.1.2.5.3. France

10.1.2.5.4. Italy

10.1.2.5.5. Spain

10.1.2.5.6. Russia

10.1.2.5.7. Rest of Europe

11.  Asia Pacific Citrus Fiber Market: Estimates & Forecast Trend Analysis

11.1.  Asia Pacific Market Assessments & Key Findings

11.1.1.   Asia Pacific Citrus Fiber Market Introduction

11.1.2.   Asia Pacific Citrus Fiber Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

11.1.2.1.    By SOURCE

11.1.2.2.    By Grade

11.1.2.3.    By Applications

11.1.2.4.    By FUNCTION

11.1.2.5.    By Country

11.1.2.5.1. China

11.1.2.5.2. Japan

11.1.2.5.3. India

11.1.2.5.4. Australia

11.1.2.5.5. South Korea

11.1.2.5.6. ASEAN

11.1.2.5.7. Rest of Asia Pacific

12.  Middle East & Africa Citrus Fiber Market: Estimates & Forecast Trend Analysis

12.1.  Middle East & Africa Market Assessments & Key Findings

12.1.1.   Middle East & Africa Citrus Fiber Market Introduction

12.1.2.   Middle East & Africa Citrus Fiber Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

12.1.2.1.    By SOURCE

12.1.2.2.    By Grade

12.1.2.3.    By Applications

12.1.2.4.    By FUNCTION

12.1.2.5.    By Country

12.1.2.5.1. U.A.E.

12.1.2.5.2. Saudi Arabia

12.1.2.5.3. Egypt

12.1.2.5.4. South Africa

12.1.2.5.5. Rest of Middle East & Africa

13.  South America Citrus Fiber Market: Estimates & Forecast Trend Analysis

13.1.  South America Market Assessments & Key Findings

13.1.1.   South America Citrus Fiber Market Introduction

13.1.2.   South America Citrus Fiber Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

13.1.2.1.    By SOURCE

13.1.2.2.    By Grade

13.1.2.3.    By Applications

13.1.2.4.    By FUNCTION

13.1.2.5.    By Country

13.1.2.5.1. Brazil

13.1.2.5.2. Argentina

13.1.2.5.3. Colombia

13.1.2.5.4. Rest of South America

14.  Competition Landscape

14.1.  Global Citrus Fiber Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

14.2.  Global Citrus Fiber Market Competition White Space Analysis, By Applications

14.3.  Global Citrus Fiber Market Competition Heat Map Analysis, By Applications

14.4.  Global Citrus Fiber Market Concentration & Company Market Shares (%) Analysis, 2022

15.  Company Profiles

15.1.                     Nans Products.

15.1.1.   Company Overview & Key Stats

15.1.2.   Financial Performance & KPIs

15.1.3.   Product Portfolio

15.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

15.2.      EDGE Ingredients

15.3.      Hebei Lemont Biotechnology Co., Ltd.

15.4.      Koninklijke DSM N.V.

15.5.      CEAMSA

15.6.      Herbafood Ingredients GmbH

15.7.      Cargill

15.8.      Incorporated

15.9.      Ingredients by Nature

15.10.  Naturex SA

15.11.  Fiberstar, Inc.

15.12.  FGF Trapani

15.13.  Others

16.  Research Methodology

16.1.  External Transportations / Databases

16.2.  Internal Proprietary Database

16.3.  Primary Research

16.4.  Secondary Research

16.5.  Assumptions

16.6.  Limitations

16.7.  Report FAQs

17.  Research Findings & Conclusion

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Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Citrus Fiber Market in 2024?

Citrus Fiber Market was valued at USD 173.25 Million in 2024.

What is the growth rate for the Citrus Fiber Market?

Citrus Fiber Market size will increase at approximate CAGR of 6.2% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Citrus Fiber Market are Nans Products, EDGE Ingredients, Hebei Lemont Biotechnology Co., Ltd., Koninklijke DSM N.V., CEAMSA, Herbafood Ingredients GmbH, Cargill, Incorporated, Ingredients by Nature, Naturex SA, Fiberstar, Inc., FGF Trapani and Others.

Which region dominates the Citrus Fiber Market?

North America dominates the market with an active share of 46%.

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