Citrus Fiber Market

Market Snapshot

According to Fact.MR, citrus fibers are expected to be valued at around US$ 300 Mn in 2021, expected to surpass US$ 500 Mn by 2031, representing a 1.7x increase across the forthcoming decade.

Growing demand for stable oil-in-water (o/w) emulsions with microscale droplet size without surfactants is driving the market demand for citrus fibers. The market is projected to be dominated by the top five players, including CP Kelco, Fiberstar Inc, CEAMSA, Herbafood Ingredients GmbH, Florida Food Products Inc., and Lemont.

Key Points Covered in Citrus Fiber Market Study

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
•  Assessment by Product Grade / Purity / Formulation Standards
• Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
• Certifications and Compliance Requirements
• COVID-19 Impact on citrus fiber sales and how to navigate
• Recommendation on Key Winning Strategies

Consumption Analysis of Citrus Fibers from 2016-2020 vs Market Outlook for 2021 to 2031.

Market research and competitive intelligence provider Fact.MR estimates a historical CAGR of over 4% between 2016 and 2020. As of 2021, the market closed in at US$ 300 Mn.

Increasing consciousness about consuming plant-based diets is majorly responsible for the aforementioned growth trends in the market for citrus fibers. This is largely in response to growing consciousness regarding healthy eating across major regions.

In the food and beverage markets, the increasing demand for gluten-free products is a major driver of the industry.  Demand for citrus fibers is expected to grow at a CAGR of nearly 6% between 2021 and 2031.

How is Clean Label Spurring Citrus Fibers Uptake in the Processed Meat Industry?

Rising consumer concerns regarding additives in foods and meat has rendered clean label a necessity for the citrus fibers industry. Given the adverse impact synthetic additives has on the human body, processed food manufacturers are incorporating natural alternatives, including citrus fibers.

Adding citrus fiber to processed meat can serve as a natural alternative to sodium tripolyphosphate, minimizing its adverse effects on product integrity. As a result of this replacement formula, the market will expand over the next few years.

How is Increasing Demand for Natural Ingredients Stimulating Market Growth?

Rising health and wellness concerns are prompting food and beverage manufacturers to use natural ingredients over synthetic ones. Diseases such as cancer, diabetes, allergies, cardiovascular disorders, are prompting them to adopt a healthy lifestyle, which involves the use of healthy, natural, and organic ingredients.

Food manufacturers are incorporating natural emulsifier extracts as they have large surface areas which allow them to easily pull water and oil. In addition, fibrous compositions have lipophilic and hydrophilic ends that attract oil and moisture to the matrix, further binding them together. This will ultimately stimulate market growth by increasing the demand for natural ingredients.

Country-Wise Insights

How is the U.S Providing Favorable Expansion Ground for Citrus Fibers?

The global market for citrus fibers in the U.S is likely to account for almost 90% revenue. The market is expected to continue exhibiting robust growth throughout the forecast period.

Growing concerns about food habits are causing a shift towards consumption of healthy and natural food products across the region. Surging cancer incidences amid consumption of synthetic flavored food products is tilting demand in favor of citrus fibers.

How demand for clean-label products influences Citrus Fiber sales in Brazil?

In Brazil, citrus fiber consumption is expected to be valued at over 40% by 2031. The Brazilian market is booming with natural ingredients and gluten-free products. As citrus peels become increasingly popular, the market for this product in Brazil is surging.

Demand is expected to grow in the later years as more and more consumers are concerned about their health and are demanding clear ingredients with next-generation ingredients.

Category-wise Insights

How are Citrus Fibers Gaining Traction in the Personal Care Industry?

Citrus fibers are used in personal care products and beauty treatments, expected to grow at nearly 5% CAGR by 2031. As consumers become more aware of the ingredients in all personal care products that they purchase, they are demanding more transparency in the products they use.

Key manufacturers are increasingly inclining towards pectin-based cosmetics. It is expected that in upcoming years, demand for personal care products and cosmetics with natural ingredients will result in highly profitable sales for citrus fibers.

Why are Citrus Fibers with Fat Replacing and Water Binding Properties Dominant?

Demands for water binding and fat replacing citrus fibers are expected to account for nearly 50% of global demand in 2021. Fibers with high fat-binding capacity is beneficial for stabilizing emulsions.

Citrus fibers that bind water well can help reduce syneresis in hydrogels, as well as alter the viscosity and texture of food. Products incorporating water-binding properties of casein are often used in the baking industry.

Competitive Landscape

Major players seeking to expand their customer base are hoping to gain a dominant position in the market.

In July 2021, Azelis expanded its collaboration with CP Kelco to broaden its distributional capabilities across the Netherlands for citrus fibers and other natural food ingredients.

Likewise, Citri-Fi citrus fibers are used as substitutes in the food sauces and meat products that all have the same purpose or requirement. It creates sauces and meat substitutes that are stable and high quality with their oil and water binding properties.

Report Scope

Key Segments

• By Nature

  • Organic Citrus Fibers
  • Conventional Citrus Fibers

• By Grade

  • Food-grade Citrus Fibers
  • Pharma-grade Citrus Fibers
  • Other Citrus Fibers

• By Source

  • Orange Citrus Fibers
  • Tangerine/Mandarin Citrus Fibers
  • Grapefruit Citrus Fibers
  • Lemon and Lime Citrus Fibers

• By Function

  • Citrus Fibers as Gelling Gums
  • Citrus Fibers as Thickening Gums
  • Citrus Fibers as Water Binders & Fat Replacers

• By Application

  • Citrus Fibers for Desserts and Ice-Creams
  • Citrus Fibers for Bakery Products
  • Citrus Fibers as Meat &Egg Replacements
  • Citrus Fibers for Sauces and Seasonings
  • Citrus Fibers for Beverages, Flavorings & Coatings
  • Citrus Fibers for Snacks and Meals
  • Citrus Fibers for Pharmaceuticals
  • Citrus Fibers for Personal Care
  • Other Citrus Fiber Applications

• By Distribution Channel

  • Citrus Fiber Sales through Online Channels
  • Citrus Fiber Sales through Supermarkets and Hypermarkets
  • Citrus Fiber Sales through Convenience Stores
  • Citrus Fiber Sales through Department Stores
  • Citrus Fiber Sales through Pharmacies
  • Citrus Fiber Sales through Specialty Stores

Citrus Fiber Market- Scope of Report

A recent study by Fact.MR on the citrus fiber market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering citrus fibers.

The study also provides the dynamics responsible for influencing the future status of the citrus fiber market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies operating in the citrus fiber market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of citrus fiber across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of citrus fiber during the forecast period. Price point comparison by region with global average price is also considered in the study.

Key Questions Answered in Report

• Which are the most lucrative citrus fiber markets?
• Which factors will impact demand for citrus fiber?
• How will changing trends impact the strategies of market players?
• How can market players capture the low-hanging opportunities across regions?
• Which companies are leading the citrus fiber industry?
• What are the winning strategies of stakeholders in the market?

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for citrus fiber are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global citrus fiber market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the citrus fiber market during the forecast period.

Country-specific valuation on demand for citrus fiber has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Competition Analysis

The report sheds light on leading manufacturers of citrus fiber, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering citrus fiber has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the citrus fiber domain. 

Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the citrus fiber industry, and reach conclusions on the future growth parameters. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.

Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.