Home > Food & Beverages > Food Additives > Flavor Enhancers > Orange Compound Market
Orange Compound Market size was valued at USD 1.6 billion in 2022 and is estimated to expand at over 5.4% CAGR from 2023 to 2032. Orange compound is a concentrated orange flavouring that is used in a variety of food and beverage products. It is typically made from orange juice, orange oil, and sugar, and may also contain other ingredients such as citric acid and preservatives. Orange compound is available in a variety of forms, including liquid, powder, and paste.
Orange compound is a popular ingredient in baking, and can be used to flavor cakes, cookies, muffins, pies, and other desserts. It can also be used to flavor ice cream, yogurt, custard, and other frozen treats. Orange compound is also commonly used in beverages, such as orange juice, soda, and cocktails.
Report Attribute | Details |
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Base Year: | 2022 |
Orange Compound Market Size in 2022: | USD 1.6 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 2.8 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 135 |
Segments covered: | Product, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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Government restrictions on the orange compound sector can be a pitfall for the market. These restrictions can make it more difficult for orange compound producers to sell their products and can also make orange compound products more expensive for consumers.