Citrus Fibers Market Revenue to Attain USD 545.13 Mn by 2033

11 Dec 2024

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Table of Content

1. Citrus Fibers Market Revenue and Trends 2023 to 2033 2. Market Overview 3. Report Highlights of the Citrus Fibers Market 4. Citrus Fibers Market Trends 5. Regional Analysis 6. Citrus Fibers Market Coverage 7. Citrus Fibers Market Key Players 8. Market News

Citrus Fibers Market Revenue and Trends 2023 to 2033

The global citrus fibers market revenue was estimated at USD 335.83 million in 2024 and is expected to attain around USD 545.13 million by 2033, growing at a CAGR of 5.53% during the forecast period. Citrus fibers are now a desirable alternative for manufacturers due to the drive to reduce food waste and promote sustainability. Citrus fibers are mostly derived from byproducts of the juice and citrus processing industries to create value from waste. This aligns with the circular economy's objectives of minimizing waste and effectively reusing resources.

Market Overview

Food and drink, cosmetics, medications, and nutraceuticals include citrus fibers. They serve as binders or stabilizers in medicinal preparations and are used as personal care products for their skin-conditioning and moisturizing qualities. The market for citrus fibers is expanding due to growing consumer interest in clean-label products, natural food components, and health and well-being. Citrus fiber consumption is predicted to increase as more people become aware of its advantages, creating economic prospects in this sector.

Citrus fiber is the best substitute for synthetic components like methylcellulose (MC) in a study investigating sustainable and healthful binders for plant-based meat supported by Universiti Putra Malaysia's Master of Food Technology (MoFT) program.

Report Highlights of the Citrus Fibers Market

• By type, the soluble segment dominated the citrus fibers market in 2023. This is due to its adaptable, practical qualities, including its capacity to serve as a natural thickener, stabilizer, and emulsifier in various food and beverage applications. Its high dietary fiber content and water-binding ability make it a popular option for boosting a product's nutritional profile, texture, and shelf life.
• By form, the orange segment dominated the citrus fibers market in 2023.  This is due to its high fiber content, affordability, and wide availability. Due to the widespread cultivation and processing of oranges, a plentiful supply of dietary fiber rich by-products, such as peels, are produced.
• By function, the thickening agent segment dominated the citrus fibers market in 2023. This is due to the growing need for clean labelling, natural ingredients in food and drink. Citrus fibers are a favored substitute for artificial thickeners in soups, sauces, dressings, and dairy products because of their superior water-binding and thickening qualities.  
• By application, the food and beverage industry segment dominated the citrus fibers market in 2023. This is due to the strong need for clean labels and natural ingredients. In this industry, citrus fibers are utilized as thickeners, stabilizers, and emulsifiers to enhance the nutritional profile, texture, and shelf life of items like dairy, sauces, baked goods, and beverages.
• By distribution channel, the supermarkets/hypermarkets segment dominated the citrus fibers market in 2023. This is because these stores sell a wide range of goods, such as foods and drinks that contain citrus fibers as useful ingredients. They offer low prices, convenient accessibility, and the chance to introduce citrus fiber-enhanced products to a wide range of consumers.

Citrus Fibers Market Trends

• Rising awareness around healthy eating: Citrus fibers are becoming more well-known for their possible health advantages, which include better digestion, lower cholesterol, and increased satiety, as more customers look for products that assist gut health, cardiovascular health, and weight management.
• Gaining popularity in the personal care industry: Citrus fibers are desirable in moisturizers, lotions, and serums because they hold onto moisture and offer hydration. Their growing use in personal care formulations results from their capacity to preserve hydration and enhance skin texture.
• Rising Preference for Gluten-Free Products: As a sustainable byproduct of processing citrus fruits, citrus fibers are more affordable for food makers than costly gluten-free ingredients like xanthan gum or rice flour. Additionally, this supports customer demand for sustainable and eco-friendly components.

Regional Analysis

In 2023, North America led the citrus fibers market. A growing emphasis on health and well-being has led to a notable surge in consumer demand for natural and plant-based ingredients in food and beverages. Citrus fibers are frequently promoted as a healthy element because of their high soluble and insoluble fiber content, which helps with weight management and digestive health. In North America, the demand for natural fiber sources like citrus fibers has increased dramatically because of the trend for clean-label products, which are goods with little processing and no artificial ingredients.

Asia-Pacific is expected to be the fastest-growing region in the citrus fibers market in the coming years.  A byproduct of the citrus juice business, citrus fibers are widely distributed in nations like China, India, and Japan. Using citrus trash to produce fiber is in line with the increasing emphasis on sustainability and waste reduction worldwide. Because consumers and businesses value sustainable and eco-friendly products, this environmentally favorable feature helps to drive the demand for citrus fibers.

• In February 2022, A deal between Givaudan and US-based Fiberstar was announced, enabling Givaudan to use and market Fiberstar's Citri-Fi, a natural, plant-based texturizing ingredient. The partnership will increase Fiberstar's geographic reach and R&D prospects while bolstering the growth of Givaudan's Taste & Wellbeing portfolio.

Citrus Fibers Market Coverage

Citrus Fibers Market Key Players

• Carolina Ingredients
• Cifal Herbal Pvt. Ltd
• CP Kelco
• CEAMSA
• Cargill
• Lemont
• Nans Products
• Ingredion Incorporated
• Herbafood Ingredients Gmbh
• Edge Ingredients
• Fiberstar
• Golden Health

Market News

• In April 2024, Strong consumer demand and market potential led CP Kelco, a world pioneer in nature-based ingredient solutions, to complete a $60 million increase in manufacturing capacity for its citrus fiber product line. Due to this substantial growth, the company has enough capacity to meet the citrus fiber supply needs of both present and future clients.
• In April 2024, The Fowler, California-based company touts star ruby grapefruit as a prominent variety in its seasonal citrus range as the spring season picks up steam in the Central Valley of California.

Market Segmentation

By Type

• Insoluble
• Soluble

By Form

• Lemon And Lime
• Orange
• Mandarians
• Grapefruits

By Function

• Thickening Agent
• Stabilizer
• Gelling Agent
• Fat Replacement
• Others

By Application

• Food and Beverage Industry
• Pharmaceutical and Nutraceutical Industry
• Personal Care and Cosmetics Industry
• Animal Feed Industry
• Others

By Distribution Channel

• Online Retail
• Convenience Stores
• Supermarkets/Hypermarkets
• Specialty Health Stores
• Foodservice And Hospitality
• Others

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