市場調查報告書
商品編碼
1159312
柑橘萃取物的全球市場(2022年~2028年)Citrus Extract Market 2022-2028 |
全球柑橘萃取物的市場規模在預測期間內預計將以年複合成長率5.0%大幅成長。柑橘提取物是從一系列柑橘類水果中提取的,包括檸檬、酸橙、橙子、葡萄柚等。風味好,營養價值高, 由於其用於多種應用,包括食品和飲料、藥品、膳食補充劑、個人護理等。將飲食偏好轉向具有高營養價值的食品和飲料產品中的天然提取物是推動市場增長的主要因素。
本報告提供全球柑橘萃取物市場調查,提供市場概要,競爭情形,各分類市場分析,主要企業簡介等資訊。
Global Citrus Extract Market Size, Share & Trends Analysis Report by Product (Orange, Lime, Lemon, Grapefruit, and Others), by Form (Powder, Liquid), and by Application (Food & beverages, Pharmaceuticals, Dietary supplements, Personal Care, and Others) Forecast (2022-2028)
The global citrus extract market is anticipated to grow at a substantial CAGR of 5.0% during the forecast period. The citrus extract is extracted from an array of citrus fruits including lemon, lime, orange, grapefruit, and more. The citrus extracts presents aroma, flavor, and high nutritional value, due to which used in several applications including food & beverages, pharmaceuticals, dietary supplements, personal care, and others. Shifting dietary preferences towards natural extracts in food & beverage products with high nutritional value is primary factor driving the growth of the market. Citrus extracts are gaining popularity among consumers especially among the millennials owing to their nutritional and personal care benefits. Besides, these extracts are widely added to improve the flavor of fruit beverages, sports drinks, bottled water, functional beverages, and carbonated soft drinks which is further boosting the market growth. Key market manufacturers are inclined towards producing citrus-flavored drinks in varieties, while ensuring quality and taste. For instance, in 2019, Citromax Flavors Inc. launched a new line of lemonade bases, which were showcased at Flavorcon 2019. The lemonade bases were offered in three varieties: Lemon Lime Lemonade, Hibiscus Lemonade, and White Peach Lemonade. Citromax has also implemented vertically integrated planting, harvesting, and processing capabilities to offer superior taste and quality.
The global citrus extract market is segmented based on product, form, and application. Based on the product, the market is segmented into orange, lime, lemon, grapefruit, and others. Based on the form, the market is sub-segmented into powder and liquid. Based on the application the market is sub-segment into food & beverages, pharmaceuticals, dietary supplements, personal care, and others. The above-mentioned segments can be customized as per the requirements. Among the product segment, the orange sub-segment is anticipated to hold prominent share of the market. Owing to the increasing use of orange extracts in the beverage industry due to its nutritional benefits. Orange Extracts are highly concentrated flavors extracted from oranges onto an alcohol base. The high alcohol content with strong fruit flavor makes them extremely shelf stable. Due to its scent, flavor, and health factors, such as high vitamin C, an orange extract is used in different beverages including carbonated soft drinks, fruit beverages, bottled water, functional drinks, and sports drinks to provide fresh flavor and aroma. Thus, several key companies are continually making efforts to cater to this demand with orange-flavored serves. For instance, in August 2021, Irish Whiskey introduced a fresh range of Jameson Orange, which combines triple-distilled Jameson Irish Whiskey and natural orange flavoring. The range is available in the UK shelves and on-premises.
Geographically the global citrus extracts market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is anticipated to hold a considerable share in the citrus extract market owing to rising consumer awareness among the people regarding health, nutrition, and benefits of citrus extract in this region. A large number of consumers in the country such as the US follow strict diet regimes and are well aware of numerous health benefits offered by fruit extracts including citrus. Health benefits such as boosting immunity and assisting in weight management are the major reason driving the growth of citrus extract in this region
The major companies serving the global citrus extract market include BONTOUX SAS, Citromax Flavors, Inc., Citrus and Allied Essences Ltd., Citrus Systems Inc., Kerry Group plc, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2020, Kerry launched an advanced citrus extract technology branded named "New! Citrus Extract". The technology allows the delivery of flavors comparable to traditional natural citrus and can be labeled as a natural extract. The extraction technology can be applied to a variety of citrus fruit and has many different applications such as sparkling and still flavored water, teas, juice drinks, isotonic and energy drinks, craft carbonated soft drinks, and alcoholic beverages including hard seltzers, malt beverages, mocktails, and flavored beers and spirits.
Research Methodology
The market study of the global citrus extract market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of the market size and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: