Citrus Fiber Market to see Huge Growth by 2031

Citrus fiber is mainly extracted from three main sources which include orange, lemon, and lime. Citrus fiber provides texture, nutritive benefits along with a clean label to the food products due to which there is an increased demand for it across the food and pharmaceutical industries. The global citrus fiber market is projected to grow at a CAGR of 5.1% during the forecast period (2024-2031). The major aspect that drives the growth of the market includes the rising demand for natural sources for various nutrients such as vitamin C, fiber, and flavonoids such as citrus fiber. Many health benefits associated with the consumption of citrus fiber have catalyzed its increasing demand across the pharmaceutical and food industry. In food products it is also used due to its certain characteristics such as it can be used as a water binder agent, fat replacer, thickening gums, and gelling gums. Citrus fiber is used as a gelling and moisture retention in bakery products. It is also used in beverages, sweet spreads, dairy products, and many other food products to increase its nutritional value. Hence, such factors are likely to flourish the market growth during the forecast period.

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Market Coverage

• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- By Grade, Function, and Application

Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape- Cargill Inc., CP Kelco US Inc., E.I. DuPont De Nemours And Co., Fiberstar, Inc., Herbstreith & Fox KG Pektin-Fabriken, Lucid Colloids Ltd., and Naturex SA among others

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Citrus Fiber Market – Segmentation

By Grade

• Food
• Pharmaceutical 

By Function

• Water Binders/ Fat Replacers
• Thickening Agents
• Gelling Agents

By Application

• Food
• Beverages
• Personal Care
• Pharmaceuticals
• Others

Citrus Fiber Market – Segmentation by Region 

North America                                                                                                           

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America
• Middle East and Africa 

Company Profiles

• Cargill Inc.
• Carolina Ingredients
• Ceamsa
• CP Kelco US Inc.
• I. DuPont De Nemours And Co.
• Fiberstar, Inc.
• Florida Food Products, Inc.
• Herbafood Ingredients GmbH
• Herbstreith & Fox KG Pektin-Fabriken
• Lucid Colloids Ltd.
• Naturex SA
• Quadra Chemicals Ltd.
• Silvateam Spa
• The Green Labs LLC

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Article source: https://article-realm.com/article/Food-Beverage/63830-Citrus-Fiber-Market-to-see-Huge-Growth-by-2031.html