Citrus Fiber Market Incremental Opportunity Assessment through 2018-2028

The global citrus fiber market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each citrus fiber market player in a comprehensive way. Further, the citrus fiber market report emphasizes the adoption pattern of the citrus fiber across various industries.

The citrus fiber market report highlights the following players:

• Quadra Chemicals
• Herbstreith & Fox
• Lucid Colloids Ltd.
• Silvateam S.p.A.
• Others

The citrus fiber market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

A new FactMR study on citrus fiber market finds that the market grew at a healthy 4.3% y-o-y over 2017 to surpass US$ 92 million by the end of 2018. The study underscores how the health & wellness trend and the clean label movement are bolstering the influence of health-conscious consumers on growing adoption of citrus fiber in packaged food products.

“Citrus fiber is gaining popularity as a natural specialty food ingredient, which is commonly used as an emulsifier and water-binding agent in various food products such as bakery, meat & dairy products, beverages, sauces & seasonings, and desserts. As modern consumers are becoming highly scrupulous about ingredients of packaged food products before making a purchase, a burgeoning number of food manufacturers are replacing fats and artificial ingredients with citrus fiber,” says a lead analyst at Fact.MR.

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Bakery Products – The Largest Application Segment in the Citrus Fiber Market

Citrus fiber products find multifold applications in the food & beverage industry, as they benefit various food & beverage products through nutritional improvements and textural enhancements. The Fact.MR study reveals that bakery is the largest application of citrus fiber in the food & beverage industry, as the adoption of citrus fiber in bakery products has increased significantly over the past few years.

The positive growth parameters of the citrus fiber market are mainly attributed to a number of lucrative trends, such as

• growing adoption of insoluble dietary fiber in a wide range of food products
• citrus fiber manufacturers introducing innovative product portfolios to suit different food applications
• favorable regulatory framework by governing organization complementing adoption of citrus fiber to replace artificial food ingredients
• clean label movement supporting the use of citrus fiber as stabilizer and emulsifier in beverages
• citrus fiber market players putting efforts into capturing untapped opportunities in the rapidly-growing pharmaceuticals industry

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Bakery product manufacturers are adopting citrus fiber to replace egg or oil, as citrus fiber provides natural emulsification and better functionality to bakery products. Additionally, cost-saving benefits of using citrus fiber are further expanding the scope of the bakery applications of citrus fiber, thereby mushrooming the growth of the citrus fiber market in the bakery product industry.

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