Citrus Extracts Market Types, Applications, Share, Growth Rate, and Forecast 2024-2031 | XENA BIOHERBALS PRIVATE LIMITED, Qingdao Vital Nutraceutical Ingredients BioScience Co., Botanic Healthcare

Global Citrus Extracts Market reached USD 7.1 billion in 2022 and is expected to reach USD 10.7 billion by 2031 growing with a CAGR of 5.3% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Citrus Extracts Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Citrus Extracts market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Citrus extracts are prized for their natural flavor, aroma, and health benefits, particularly due to their high flavonoid content. The peels of citrus fruits, which comprise about 40%-50% of the total fruit mass, are rich in beneficial compounds like flavanones and polymethoxylflavones (PMFs). Key flavonoids include naringin, hesperidin, narirutin, nobiletin, and neohesperidin, with quercetagetin being the major flavonoid found in Citrus unshiu peel. Citrus peel is recognized as a valuable source of dietary antioxidants, which help protect cells through mechanisms like free radical scavenging and metal ion chelation. Despite their health benefits, the industrial processing of citrus generates significant waste from inedible peels and seeds.

Key Developments:

In March 2022, Sakurafresh Beverage and Food, a globally recognized beverage and food company based in Japan, launched its award-winning range of zero-alcohol spirits and liqueurs in India.

Earlier, in January 2021, McCormick announced its acquisition of Fona International, a manufacturer specializing in clean and natural flavors for the food, beverage, and nutritional markets, for $710 million.

Additionally, in January 2022, Synergy Flavors introduced a new lineup of extracts and flavor solutions tailored for the rapidly growing low and no-alcohol segment. This range includes flavors inspired by bitters, fermented notes, gin, pink gin, aperitif, and rum, along with extracts that provide warmth, such as scotch bonnet and peppercorn.

Forecast Growth Projected:

The Global Citrus Extracts Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Citrus Extracts Market:

XENA BIOHERBALS PRIVATE LIMITED, Qingdao Vital Nutraceutical Ingredients BioScience Co., Botanic Healthcare, HUNAN HUACHENG BIOTECH INC., Plantae Extracts Private Limited, Green Chem, Henry Lamotte Oils GmbH, Global Essence, CRODAROM SA, and Kerry.

Segment Covered in the Citrus Extracts Market:

By Type: Lemon, Orange, Grapefruit

By Application: Carbonated Soft Drinks, Food

Regional Analysis:

The global Citrus Extracts Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Citrus Extracts Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Citrus Extracts Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Citrus Extracts manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Citrus Extracts in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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The research study aims to address the following key questions:

➡What is the expected growth rate of the Citrus Extracts Market during the forecast period of 2031?

➡What key factors are driving the Citrus Extracts Market across various regions?

➡Who are the leading vendors in the Citrus Extracts industry, and what strategies contribute to their success?

➡What is the anticipated market scope for the projected period?

➡What major trends are influencing the industry's growth in the coming years?

➡What challenges does the Citrus Extracts Market face?

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