Citrus Pulp Fiber Market Projected to Exceed US$ 322.5 Million by 2033 | Future Market Insights

The global citrus pulp fibre market is anticipated to be valued at US$ 173.2 million by 2023, with a CAGR of 6.8% by 2033. Citrus pulp fibre sales are expected to account for a portion of the global food processing industry in 2023. The Asia Pacific citrus pulp fibre market is predicted to grow at a 10.8% CAGR.

According to FMI, this is due to rising customer demand for plant-based products. Citrus pulp fibre is natural and sustainable because it is a byproduct of citrus fruit processing, making it more appealing to customers and manufacturers looking for environmentally friendly components in their products. Citrus pulp fibre offers a wide range of applications, including baking, beverages, and confectionery. The growth of these industries drives the growth of this industry.

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The seasonal availability of citrus fruit causes price fluctuations and supply uncertainty, which can be tough for suppliers and manufacturers. While citrus fibre provides benefits, it is not the only product available. It must compete with oat fibre, wheat bran, and cellulose-based fibres. As a result, the goods market becomes exceedingly competitive.

According to FMI, citrus pulp fibre is preferred by the emerging functional food and dietary supplement industry due to its textural stability, nutritional value, and suitability for use in a variety of products. As a result, the citrus pulp industry grows.

Key Takeaways

  • According to FMI, the United States market is expanding at a CAGR of 20.4%, due to the increasing veganism movement in 2022.
  • The German market is anticipated to be growing at a CAGR of 6.8% in the year 2022.
  • The Japanese market is showing promise of growing to a CAGR of 6% in the same year.
  • FMI observed that the market of Australia grew at a CAGR of 2.1% in 2022.
  • The Chinese market expanded at a CAGR of 10.8% in 2022, due to consumer awareness towards sustainable products.
  • India showed a CAGR of 6.9% in 2022, as the effect of the combined causes of sustainability and a growing consumer preference for plant-based items.
  • The United Kingdom market inflated at a CAGR of 4.5% in 2022, based on research done by FMI. This lower CAGR is due to price and availability fluctuations.

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Competitive Landscape

The key players in the market are mainly focusing on providing certified, high quality, citrus pulp fibre to their customers. Manufacturers are also investing a considerable amount on research and development for various citrus pulp fibre applications. Its sales have increased in the personal care, animal feed, and pharmaceutical segments, as the consumers become more aware of its various benefits.

  • Fiberstar, Inc

Fiberstar has released a natural citrus fibre called Citri-Fi, which is a clean label and natural citrus fibre that provides multiple functionalities that can be used to improve product texture, nutrition, costs and labelling. It has High water holding capacity, Emulsification properties, as well as gelling properties in low pH/high Brix conditions. It can be used in many parts of the food industry such as bakery, beverages, dressings and sauces, dairy, etc.

  • Ceamsa

Ceamfibre® is a natural fibre ingredient purified from citrus peel with high functional properties for a wide variety of applications. Its great technological properties are due to a high water- and oil binding capacity and heat stability.

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Citrus Pulp Fiber Market by Category

 By Nature:

  • Organic
  • Conventional

By Grade:

  • Food
  • Pharma

By Source:

  • Oranges
  • Tangerines/ Mandarins
  • Grapefruit
  • Lemon
  • Lime

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • East Asia
  • South Asia
  • Oceania

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 over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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.

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