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Citrus Based Dietary Fibers Market Trends

Report ID: GMI2819
Published Date: Oct 2024
Report Format: PDF

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Citrus Based Dietary Fibers Market Trends

The citrus-based dietary fibers industry is experiencing notable growth within the healthy food industry, driven by increasing consumer awareness of the benefits of dietary fiber. These fibers are recognized for their role in digestive health, weight management, and blood sugar control. As demand for natural and functional ingredients rises, manufacturers are incorporating citrus fibers into various products, including snacks, beverages, and supplements. Additionally, the trend towards clean label products is pushing companies to source sustainable and organic citrus materials. Overall, the citrus-based dietary fibers segment is poised for continued expansion as health-conscious consumers seek innovative and nutritious options.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size of citrus-based dietary fibers reached USD 1.6 billion in 2023 and is set to grow at a CAGR of over 6.2% from 2024 to 2032, driven by increasing consumer focus on health and nutrition.

The pectin product segment is expected to grow at a CAGR of 6.4% until 2032, led by its enhanced thickening, stabilizing, and gelling properties.

The fruit preserves application segment held a 31% market share in 2023, amounting to USD 519.1 million, and is projected to grow at a 6.4% CAGR through 2032, due to the increasing use of citrus fibers to boost dietary fiber content.

The U.S. market is projected to achieve USD 786.9 million by 2032, with a CAGR of 5.9% during 2024 to 2032, supported by favorable government regulations and the benefits of carrageenan as a food additive.

Major players in the industry include Cargill, Ceamsa, CP Kelco, DuPont Danisco, Fiberstar, Herbstreith & Fox, Nans Products, Quadra Chemicals, Reinert Gruppe Ingredients, Triphase Pharmaceuticals, and Yantai Andre Pectin.