Citrus Bioflavonoids Market Analysis

Citrus Bioflavonoids Market Analysis

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The conventional segment will hold major citrus bioflavonoids market share during the forecast period. Conventional citrus bioflavonoids are found naturally in the fruits which are rich in vitamin C. The conventional type is considered to be pure and free from any harmful chemicals. Thus, the product demand is high, especially in food and beverages application.

The orange sub-segment is anticipated to capture highest industry share. Oranges are the best conventional source for citrus bioflavonoids. Also, oranges are used in the manufacturing of various food and beverages products owing to its flavors. The leading orange producing countries are Brazil, China, EU and US. Brazil topped the orange production by producing 16.91 million metric tons of oranges in 2021-2022.

The growing demand for clean label products by the fitness enthusiast consumers is driving the citrus bioflavonoids market. Also, the growing trend of eliminating the use of phosphates, titanium dioxide, carrageenan, etc., will propel the demand for citrus bioflavonoids in packaged food and beverages. In pharmaceutical industry, Citrus Bioflavonoids used as a flavoring agent and provide bitter taste notes to the final formulation. It can also be used as natural preservatives thanks to its antimicrobial, antifungal and antioxidant properties. Thanks to its different benefits in vascular health, immune system, cholesterol control, etc.

The pharmaceutical & dietary supplements captured around 68% global share and will grow with decent pace. In Animal feed, Citrus Bioflavonoids can provide notes of bitter taste to different formulations directed to animal feed and welfare sectors. They are used as natural preservatives in different products thanks to its antimicrobial, antifungal and antioxidant properties. Owing to their different nutraceutical and health benefits, they could also be added in different formulations and products with the aim of preventing some common diseases.

Eriocitrin segment is expected to grow significantly, followed by the Naringin section. Eriocitrin is a lemon flavonoid extracted from citrus fruits like lemons that research suggests can play a positive role in supporting healthy blood sugar levels, cardiovascular health, and more. Eriocitrin is mostly employed in the production of dietary supplements due to its ability to reduce lipid levels in liver cells. Eriocitrin can also be utilized to control blood glucose levels, boosting the citrus bioflavonoids market progression.

North America citrus bioflavonoids industry is estimated to account for major attributed to the high production of blueberries in US and Canada and rapidly growing food and beverage industries in the region. In year 2021-2022, US produced 3.47 million metric ton of oranges. Europe is estimated to witness significant gains during 2023-2032. The local population of the region is inclined towards nutritious food products due to the growing per capita income. Further, the rising geriatric population is leading to a strong growth of the product in pharmaceutical applications. The high use of herbal extracts in countries such as Germany, U.K., France and other European countries is expected to support the regional market statistics.