Global Citrus Extract Market, 2014-2024: By Type (Orange, Lemon, Grapefruit, Lime, and OtherS), and By Application (Carbonated Soft Drinks, Fruit Beverages, Functional Beverages, and Others)
|柑橘類萃取物的全球市場(2014年∼2024年):各類型(橘子，檸檬，葡萄柚，石灰等)，各用途(碳酸清涼飲料，水果飲料，機能飲料等) Global Citrus Extract Market, 2014-2024: By Type (Orange, Lemon, Grapefruit, Lime, and OtherS), and By Application (Carbonated Soft Drinks, Fruit Beverages, Functional Beverages, and Others)|
|出版日期: 2020年07月01日||內容資訊: 英文||
Citrus extract is extracted from various citrus fruits like orange, lime, grapes, lemon, and others. It acts as natural flavoring agent that is used in production of cakes and pastry, chocolates, candies, and alcoholic beverages. Besides this, the multi-benefits proffered by citrus extracts such as treating constipation, boosting immunity, and maintaining healthy skin, also drive the market growth. In a traditional medication, citrus extract is widely used for therapeutic treatment massage oils for leisure, aromatherapy, and relaxation, particularly in the emerging countries. Citrus fruits contain carbohydrate, fibre, vitamin C, potassium, folate, calcium, thiamin, niacin, vitamin B6, phosphorus, magnesium, copper, riboflavin, pantothenic acid and a variety of phytochemicals.
Citrus extract can be categories by fruit type into orange, lemon, grapefruit, lime, and others. It has wide area of application included carbonated soft drinks, fruit beverages, functional beverages, and others. Citrus extract is strongly flavored and it is widely used in sausages, bakery, dairy products, confectionary, tea, smoothies, shakes, and other products. Citrus extracts are popular for their nutritional health and personal care benefits, such as weight management, immunity boost, skincare, and hair care, besides being flavorful and aromatic. It has also found various end user industry application such as pharmaceutical, cosmetics, dietary supplements and others.
The global citrus extract research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global citrus extract market is growing at a fast pace and increasing its geographical footprint rapidly. The global citrus extract market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in North America region due rise in demand from end use industry and easy availability of raw materials. The major growth driver for citrus extract market are the rising adoption of herbal product, growing awareness regarding health and nutrition. Also rising use of skin product and health supplements drive the citrus extract market globally. Also huge demand from health care and pharmaceutical sector drive the citrus extract market globally.
However, natural calamities and climatic fluctuations during the cultivation of citrus fruits is the major impediments the global citrus extract market growth.
Citrus extract enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of citrus extract market globally. The companies that lead global market are Bontoux SAS, Citromax Flavors, Citrus and Allied Essences Ltd, Citrus Systems, doTERRA International, IMG Citrus, Interstate Commodities Corp, Lebermuth, Mountain Rose Herbs, Nielsen Citrus Product Company, Symrise AG, and Young Living Essential Oils.
The research process includes the market segmentation of the global citrus extract market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global citrus extract market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: