Bergamot Extract Market A Key Ingredient in Functional Foods and Beverages

Bergamot Extract Market

The global demand for bergamot extract, valued at USD 99.97 million in 2022, is expected to grow at a CAGR of 4.14% to reach USD 150 million from 2022 to 2032. This growth is driven by increasing demand in residential and commercial construction for renovation projects and development.

Bergamot extract, derived from the rare citrus fruit Citrus Bergamot primarily cultivated in Southern Italy, is rich in flavonoids, potent free radical scavengers. It contains approximately five unique antioxidant polyphenolic compounds, offering a range of health benefits.

Known for helping maintain normal cholesterol levels and supporting blood glucose metabolism, bergamot extract is prized for its antimicrobial properties, making it valuable in the pharmaceutical industry. Its delicate, fresh flavor profile also makes it a sought-after ingredient in baked goods, ice creams, and other food products. Additionally, it finds applications in dietary supplements, beverages, nutraceuticals, cosmetics, and more.

The rise in health and fitness trends among consumers is poised to drive growth in the bergamot extract market. There is a notable surge in demand for dietary supplements, with over 70% of American adults incorporating at least one type into their daily routines. Consumers are increasingly opting for plant-based products, partly due to concerns over potential side effects associated with animal-based alternatives. This trend presents an opportunity for manufacturers in the dietary supplement industry to utilize bergamot extract in developing plant-based supplements.

Competitive Landscape

Some of the key participants present in the global demand for Bergamot Extract market include H&AD s.r.l., Jarrow Formulas, BergaMet NA, HP Ingredients, Citroglobe, Nutraceuticals International Group, etc., among others., among others.

  • Healthy Extracts Inc., a prominent manufacturer of clinically proven plant-based products for heart and brain health, has launched two new high-potency natural formulations, Organic Citrus Bergamot for Women and Organic Citrus Bergamot. These products are available on e-commerce websites and in selected supermarkets.

Key Segments Profiled in the Bergamot Extract Industry Survey

By Nature:

  • Organic Bergamot Extract
  • Conventional Bergamot Extract

By End Use:

  • Food and Beverage
  • Perfumery
  • Nutraceuticals
  • Dietary Supplements
  • Other End Uses (e.g. Pharmaceutical, etc.)

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogsYouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these