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Citrus Pulp Market Analysis

  • Report ID: GMI5987
  • Published Date: Jun 2023
  • Report Format: PDF

Citrus Pulp Market Analysis

Dried citrus pulp market size dominated around USD 115 million in 2022 and is set to reach USD 220 million by 2032. Dried citrus pulp has gained significant popularity as a feed ingredient in the animal feed industry. It is valued for its high fiber content, which aids in animal digestion and promotes gut health. Additionally, dried citrus pulp offers energy and nutrients to livestock and poultry, making it an ideal choice for feed formulations. The increasing awareness about animal nutrition and the desire for sustainable feed options have contributed to the growing demand for dried citrus pulp.
 

Global Citrus Pulp Market Revenue Share, By Source,

The citrus pulp market derived from oranges is witnessing a growing demand in various industries. Orange citrus pulp is valued for its nutritional composition, including fiber, vitamins, and minerals. The rising consumer focus on healthy and natural products has led to increased utilization of orange citrus pulp in food processing, animal feed, and other applications. Consumer preferences have shifted towards natural and clean label ingredients, and orange citrus pulp aligns with this trend. Its natural origin, minimal processing, and nutritional benefits make it an attractive choice for manufacturers aiming to meet consumer demands for transparency and healthier products. The clean label movement has propelled the use of orange citrus pulp as a natural ingredient in a wide range of food products.
 

Global Citrus Pulp Market Size, By Application,

The citrus pulp market growth is due to increasing consumer demand for natural and clean label ingredients in the food and beverages sector. Citrus pulp adds natural flavor, texture, and nutritional value to these products, meeting consumer preferences for clean and transparent labels. The demand for citrus pulp in food and beverages is expanding in emerging economies, driven by changing consumer preferences, urbanization, and a growing middle class.
 

 U.S. Citrus Pulp Market Size, 2020- 2032 (USD Million)

Consumers in North America are increasingly seeking natural and clean label ingredients in their food and beverages. Citrus pulp, being a natural byproduct, aligns well with this trend. Its utilization as a natural ingredient in various food and beverage applications, including juices, smoothies, bakery goods, and sauces, has gained significant popularity. Citrus pulp provides a natural flavor and adds nutritional value to products, meeting the demand for clean and transparent labels.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size was reached USD 780 million in 2022 and is estimated to reach USD 1.32 billion by 2032, owing to the product usage in animal feed and food processing, along with the growing inclination towards sustainable and natural ingredients.

The orange source segment will grow modestly through 2032, as orange citrus pulp is valued for its nutritional composition, including fiber, vitamins, and minerals.

North America market size will expand substantially during 2023 and 2032, backed by the product utilization as a natural ingredient in various food & beverage applications, including juices, smoothies, bakery goods, and sauces, to meet consumer demand for natural & clean label ingredients.

CP Kelco, Cargill, Incorporated, Fiberstar, Inc., Silvateam S.p.A., Florida Food Products, Quadra Chemicals Ltd., Herbafood Ingredients GmbH, Fiberstar Biotechnology, Inc., AGRANA Beteiligungs-AG, CEAMSA among others.

Citrus Pulp Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 294
  • Countries covered: 20
  • Pages: 310
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