About the Report
With growing requirement of natural sources for various nutrients such as vitamin C, fiber, and flavonoids, to name a few, citrus fiber is gaining rapid traction around the globe. Owing to its capability of providing clean label and nutritive benefits to baked goods, demand for citrus fiber is increasing exponentially in bakery, desserts, and food & beverage industries. While the citrus fiber industry tends to flourish on rapidly growing manufacturing companies, rise in adoption of citrus fiber in the pharmaceutical industry is projected to further raise its market value.
A recent study by Fact.MR provides a holistic overview of the global citrus fiber market, along with thorough analysis of new trends and demand-supply trajectories in over 20+ countries for the forecast period of 2021 to 2031, where Europe, North America, and APEJ lead the way. The report also details the impact of COVID-19 on this industry.
Historical & Future Outlook of Citrus Fiber Sales
Citrus fiber, being cost-effective and a natural source of essential nutrients such as soluble & insoluble fibers and vitamin C, has gained fast traction across diverse applications such as food & beverages and pharmaceuticals. While increase in demand from bakery, personal care, snacks & meals, and other sectors has propelled the growth of citrus fiber manufacturers, continuous efforts by them to diversify their products have further fuelled sales during the last 5 years from 2016 to 2020.
Surge in demand for food grade and pharmaceutical grade citrus fiber, coupled with abundance of natural sources such as orange and mandarins is spurring the growth of stakeholders in this industry. With lucrative markets in China, Germany, Japan, the United States, and a few other countries expanding further, citrus fiber suppliers are expected to witness impressive growth over the coming years. According to Fact.MR, the global citrus fiber market is expected to ascend at close 5% CAGR during the forecast period of 2021 to 2031.
How is Increase in Requirement from Bakery Industry Propelling Growth?
Citrus fiber has excellent property of binding water, and hence, is widely used in keeping cakes and cookies soft and moist over time. Furthermore, it is highly preferred in improving the texture and freshness of gluten-free products, and its emulsifying properties make it a potential replacement of eggs and oil in baked foods. With rise in requirement from the bakery industry, citrus fiber manufacturers are anticipated to experience significant rise in sales.
The European Commission (EC) launched a new proposal to enable consumer organizations to test food and bakery products and identify potential misleading practices, with a total budget of EUR 1.26 million in 2019. Analyzing nearly 1,400 food products in 19 EU countries, the study carried out by the Commission’s in-house science and knowledge service revealed that 9% of the compared products differed in composition. Such initiatives are favoring citrus fiber manufacturers across the world.
What are the Key Challenges Faced by Citrus Fiber Manufacturers?
The citrus fiber industry got severely battered due to the outbreak of the COVID-19 pandemic in 2020. Due to long lockdowns and financial crisis, manufacturing processes of citrus fibers got significantly hampered. Scarcity of raw materials and labor, disrupting logistics, and closing down of distribution channels further affected the industry.
Additionally, there are a few disadvantages of citrus fiber, such as-
- Despite having high dietary fiber content, citrus fiber is rarely used at levels above 1% in food products
- High amounts of citrus fiber cause textural defects, as it outcompetes many other ingredients for water
- Excessive consumption of citrus fiber increases blood sugar, and can cause acid reflux and stomach problems
However, despite facing several hurdles, citrus fiber manufacturers are investing heavily to bring in more efficient products with higher quality. As the world is getting back on track with the adoption of the new normal, new opportunities are on way for players in the citrus fiber industry.
Country-Wise Analysis
Why is Germany a Highly Potential Market for Citrus Fiber Suppliers?
Germany, being the epicenter of the world’s largest market of citrus fiber, Europe, is in the center of attraction for citrus fiber manufacturers. Increase in requirement from the food & beverage industry coupled with rise in adoption of healthy diet is propelling growth in the country.
According to a report titled “Food & Beverages Industry”, published by the Germany Trade and Investment (GTAI) Organization, Germany is Europe’s largest food producer, and the food & beverage industry represents the fourth-largest industry sector in Germany. As stated in the report, this industry is best characterized by its small- and medium-sized enterprise (SME) sector of over 6,000 companies, generating a production value of around EUR 180 billion in 2018. These figures give an estimate regarding how big the growth scope is in Germany for citrus fiber manufacturers.
How are Citrus Fiber Sales Faring in China?
China is the leading country in the world’s fastest-growing citrus fiber market, Asia Pacific. Backed by highly developed food, bakery, and pharmaceutical industries, China has emerged as a heavyweight for players in the citrus fiber industry.
As stated in a report published by Bakery China, the 23rd Bakery China would be held on April 27-30, 2021, in order to promote the Chinese bakery industry through comprehensive development. According to a report titled “China- Pharmaceuticals”, published by the Select USA on 30th July 2019, China is the world’s largest producer of pharmaceutical ingredients. As per the report, China’s pharmaceutical industry value reached almost US$ 134 billion in 2018, and US$ 154 billion by 2020. This data explains why stakeholders in the citrus fiber industry are eyeing the market in China.
What’s Fuelling the Sales of Citrus Fiber in the United States?
The United States is the epicenter of the North America citrus fiber industry, and is expected to lead throughout the forecast period. Highly advanced food & beverage, bakery, dessert, and pharmaceutical industries are fuelling sales in the United States.
According to a report titled “Food and Beverage Manufacturing”, published by the United States Department of Agriculture (USDA) on 14th May 2020, there are many food and beverage processing establishments in the United States, out of which, 36,486 are owned by about 31,401 companies as in 2017, according to the most recent comprehensive data in the Census Bureau’s 2017 economic census. According to the Census Bureau’s County Business Patterns (CBP), California had the most food and beverage manufacturing plants (5,731) in 2017, while New York (2,573) and Texas (2,273) were also leading food and beverage manufacturing states. This explains why suppliers of citrus fiber are targeting the United States in order to increase their sales footprint.
Why is Japan’s Citrus Fiber Market in the Limelight?
Japan has emerged as a highly lucrative market for citrus fiber, owing to its rapidly growing key end-use industries such as food & beverages, bakery, and personal care.
As per data revealed by the Government of Japan, Japan’s personal care and cosmetics industry increased by 1.2% in 2017 from the previous year to 141.6 billion yen. According to a report titled “Japan: Food Processing Ingredients”, published by the USDA Foreign Agricultural Service on 30th March 2020, Japan’s food processing industry manufactured US$ 219.7 billion of food and beverage products in 2019, and the amount is forecast to rise further over the coming years. This, in turn, will bolster the growth of citrus fiber manufacturers in the country in the near future.
Category-Wise Insights
Which Grade of Citrus Fiber is Boosting Overall Sales?
Presently, food grade citrus fiber followed by pharmaceutical citrus fiber is leading the market, and both are expected to remain in this position throughout the forecast period. Food grade citrus fibers are enriched with natural dietary fibers and vitamin C. As a result, they have high requirement in fast-growing end-use industries such as food, bakery, and desserts.
Furthermore, this grade of citrus fiber has a lot of advantages, such as-
- Rich in plant compounds
- Low in calories
- Reduces the risks of kidney stones
- Boosts heart health
Due to these, requirement for food grade citrus fiber is growing exponentially around the globe.
Which is the Most Sought-after Source for Citrus Fiber?
Currently, oranges are the mostly sought-after sources of citrus fiber, and are predicted to dominate over the forecast period. Owing to their cost-effectiveness, abundance, and high nutritional value, oranges are the most preferred source for citrus fiber, especially food grade citrus fiber that is extensively used across diverse end-use industries.
Other key segments in terms of source are tangerines/mandarins, grapefruit, and lemons & limes.
What is the Most Popular Function of Citrus Fiber?
Presently, water binding and fat replacing properties of citrus fiber are highly popular, as these are crucial properties required in food, beverage, pharmaceutical, and other key end-use industries.
With increase in awareness regarding healthy food habits, demand for low-calorie and low-fat foods is subject to surge over the coming years. This, in turn, will further raise demand for citrus fiber due to these properties. Other key segments in terms of function are thickening gums and gelling gums, which are fuelling sales of citrus fibers further.
Competitive Landscape
The global citrus fiber market is getting more competitive with each passing year. In order to sustain their positions, key players operating in this market are focusing on improving their product quality.
For instance,
- Ceamsa recently launched its new Ceamfiber®, which is labelled as citrus fiber, and has been approved to be safely used in a wide variety of products in the food industry.
- Lucid Colloids Ltd. launched its new range of products such as EDICOL® FOOD STABILIZERS & BLENDS, STAMULCOL® & STAPP, and others during the last 5 years.
Some of the key players manufacturing citrus fiber are-
- Fiberstar, Inc.
- CP Kelco U.S., Inc.
- Cargill Inc.
- E.I. DuPont De Nemours And Company
- Ceamsa
- Herbafood Ingredients GmbH
- Florida Food Products, Inc.
- Naturex SA
- Herbstreith & Fox KG Pektin-Fabriken
- Lucid Colloids Limited
- Silvateam S.p.a
- Quadra Chemicals Ltd.
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report
Report Scope
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Forecast Period |
2021-2031 |
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Historical Data Available for |
2016-2020 |
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Market Analysis |
USD Million for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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Customization & Pricing |
Segmentation by Category
Grade
- Food
- Pharmaceutical
- Others
Source
- Oranges
- Tangerines/Mandarins
- Grapefruit
- Lemons & Limes
Application
- Bakery
- Desserts and Ice Cream
- Sauces & Seasonings
- Meat & Egg Replacement
- Beverages
- Flavoring & Coatings
- Snacks & Meals
- Personal Care
- Pharmaceuticals
- Other Applications
Function
- Water Binders & Fat Replacers
- Thickening Gums
- Gelling Gums
Region
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
Key Questions Answered in Report
- Which are the top companies operating in this industry?
Some of the top companies providing citrus fiber are Ceamsa, Fiberstar Inc., Lucid Colloids Ltd., and Quadra Chemicals Ltd.
- Which are some of the lucrative markets for citrus fiber?
China, Germany, the United States, Japan, Canada, the United Kingdom, and a few others are lucrative markets for citrus fiber, and are expected to dominate throughout the forecast period.
- Which is a highly sought-after grade of citrus fiber?
Presently, food is the most sought-after in terms of grade, and is expected to keep leading over the forecast period of 2021 to 2031.
- Which are the key sources for citrus fiber?
Presently, key sources of citrus fiber are oranges, tangerines, grapefruit, and others, which will aid demand growth over the coming years.
Enquiry before Buying
Is this research conducted by Fact.MR?
Yes, the research has been conducted by expert analysts of Fact.MR, through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses demand-side assessment of the market, and triangulates the same through supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions. Request a detailed methodology.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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Citrus Fiber Market - Scope of Report
A recent study by Fact.MR on the citrus fiber market offers a 10-year forecast from 2021 to 2031. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players associated with citrus fiber. The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period.
A detailed assessment of the 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 demand, product development, 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 sales during the forecast period. Price point comparison by region with global average price is also considered in the study.
Market Segmentation
Fact.MR’s research study assesses the global citrus fiber market in terms of grade, source, application, function, and region. This report presents extensive market dynamics and trends associated with different segments of the market, and their influence on the growth prospects of the market.
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Key Questions Answered in Report
- Which are the most lucrative markets for citrus fiber?
- 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 market?
- What are the winning strategies of stakeholders in the citrus fiber landscape?
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 market during the forecast period.
Country-specific valuation on demand for citrus fiber and related products has been offered for each regional market, 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 for emerging countries has also been included in the report.
Research Methodology
In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the citrus fiber market, and reach conclusions on the future growth parameters of the market. 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.
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Citrus Fiber Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031