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Orange Compound Market Size
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.
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.
Who are the major orange compound providers?
Some of the key market players include Archer Daniels Midland Company (ADM), Berj
What is the size of nootkatones in the orange compound industry?
The nootkatone product segment recorded USD 380.8 million in 2022, owing to higher application in various industries, including food and beverages, cosmetics, and fragrances.
How big is the orange compound market?
The market size of orange compound reached USD 1.6 billion in 2022 and is set to cross USD 2.8 billion by the end of 2032, due to widespread usage in a variety of food and beverage products.
What factors are driving the orange compound market growth in the U.S?
U.S. market size was valued at USD 454.3 million in 2022, attributed to the higher emphasis on natural and clean label products in the nation.