Citrus Fiber Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

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