Market Overview:
The global citrus concentrate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for citrus concentrates in food and beverage, pharmaceutical, dietary supplement, personal care, cosmetics and other applications. The organic segment is projected to grow at a higher CAGR than the conventional segment during the forecast period. North America dominates the global citrus concentrate market followed by Europe and Asia Pacific.
Product Definition:
Citrus concentrate is a type of juice that is made from citrus fruits. It is often used in beverages and food products.
Organic Concentrate:
Organic concentrates are the purest form of an essential oil. They have a higher demand in comparison to their synthetic counterparts as they contain more volatile compounds and aromas that are naturally present in the plant. Organic concentrates can be used directly for consumption or further processed into various products such as fragrances, flavors, and others.
Conventional Concentrate:
Conventional concentrates are the purest form of concentrated orange juice. It is produced by separating the pulp and seeds from the fruit and is usually available in grades I to IV. The conventional concentrates have a uniformity coefficient of 0.6-0.8, which indicates that all products conform to similar standards regarding quality, size, shape & weight and also has nearly similar acid content (as per citrus fruits).
Application Insights:
The food and beverages segment accounted for the largest revenue share of over 70% in 2017. The segment is expected to witness significant growth on account of rising demand for juices, soft drinks, flavored milk and dairy products from developing countries including China, India, Brazil and Mexico. Furthermore, increasing consumption of functional foods owing to their antioxidant properties is projected to promote the use of citrus concentrate as an ingredient in various pharmaceutical formulations.
The personal care industry has been growing significantly due largely to rising consumer awareness regarding health issues such as skin diseases caused by UV radiations or pollution particles that can trigger premature aging along with other disorders such as wrinkles & dark circles under eyes. Thusly increasing demand for anti-aging creams & lotions coupled with a growing preference towards natural ingredients is anticipated fuel product demand over the forecast period horizon.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through the forecast period on account of increasing consumption of juices, especially orange juice. Orange is considered to be a national fruit in several countries including U.S., Brazil, and Mexico among others which has increased demand for the product over this region.
Asia Pacific citrus concentrate market is anticipated to grow at a lucrative rate during the forecast period owing to rising consumer awareness regarding health benefits associated with these products such as anti-aging properties and prevention from heart diseases & cancer among others which are expected drive growth over this region during the forecast period.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the citrus concentrate market. Convenience foods are those that can be easily prepared and consumed, without any major preparation time or hassle. This has led to an increase in the popularity of ready-to-eat and ready-to-drink products, which are available in a wide range of flavors including citrus flavors.
- Rising awareness about health benefits: Another key growth driver for the citrus concentrate market is rising awareness about its health benefits among consumers across the globe. Citrus fruits are rich in antioxidants and other nutrients that offer several health benefits such as improved cardiovascular health, reduced risk of cancer, etc. This has led to an increase in demand for citrus concentrates from consumers looking to improve their overall health profile.
- Growing popularity of smoothies and juices: The growing popularity of smoothies and juices is another major factor driving growth in the global citrus concentrate market . These drinks are considered healthy alternatives to carbonated soft drinks and other unhealthy beverages options available today, which is why they have gained immense traction among consumers over recent years.. Additionally, with increasing urbanization around the world, there has been a shift towards healthier eating habits among city dwellers – further aiding growth prospects for this market segment..
Scope Of The Report
Report Attributes
Report Details
Report Title
Citrus Concentrate Market Research Report
By Type
Organic Concentrate, Conventional Concentrate
By Application
Food and Beverages, Pharmaceutical, Dietary Supplement, Personal Care, Cosmetics, Other
By Companies
Vita-Pakt Citrus Products Co, Lemon Concentrate S.L, Dohler, Prodalim Group, CitroGlobe, Bell Flavors and Fragrances, Citromax, Citrosuco S.A, Yantai North Andre Juice Co. Ltd, Sucocitrico Cutrale Ltd, Vita-Pakt Citrus Products Co, Conventional, Huiyuan Juice, Ingredion Incorporated, Greenwood AssociatesInc, Nielsen Citrus Products, Bordas distillations Chinchurreta SA, PACIFIC COAST FRUIT PRODUCTS, The Perfect Puree of Napa Valley, DENNICK FRUITSOURCE, Ventura Coastal
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Citrus Concentrate Market Report Segments:
The global Citrus Concentrate market is segmented on the basis of:
Types
Organic Concentrate, Conventional Concentrate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Pharmaceutical, Dietary Supplement, Personal Care, Cosmetics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vita-Pakt Citrus Products Co
- Lemon Concentrate S.L
- Dohler
- Prodalim Group
- CitroGlobe
- Bell Flavors and Fragrances
- Citromax
- Citrosuco S.A
- Yantai North Andre Juice Co. Ltd
- Sucocitrico Cutrale Ltd
- Vita-Pakt Citrus Products Co
- Conventional
- Huiyuan Juice
- Ingredion Incorporated
- Greenwood AssociatesInc
- Nielsen Citrus Products
- Bordas distillations Chinchurreta SA
- PACIFIC COAST FRUIT PRODUCTS
- The Perfect Puree of Napa Valley
- DENNICK FRUITSOURCE
- Ventura Coastal
Highlights of The Citrus Concentrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Concentrate
- Conventional Concentrate
- By Application:
- Food and Beverages
- Pharmaceutical
- Dietary Supplement
- Personal Care
- Cosmetics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Citrus Concentrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Citrus concentrate is a concentrated form of citrus juice. It is typically made from orange, lemon, or grapefruit juice and has a higher sugar content than regular fruit juices.
Some of the major players in the citrus concentrate market are Vita-Pakt Citrus Products Co, Lemon Concentrate S.L, Dohler, Prodalim Group, CitroGlobe, Bell Flavors and Fragrances, Citromax, Citrosuco S.A, Yantai North Andre Juice Co. Ltd, Sucocitrico Cutrale Ltd, Vita-Pakt Citrus Products Co, Conventional, Huiyuan Juice, Ingredion Incorporated, Greenwood AssociatesInc, Nielsen Citrus Products, Bordas distillations Chinchurreta SA, PACIFIC COAST FRUIT PRODUCTS, The Perfect Puree of Napa Valley, DENNICK FRUITSOURCE, Ventura Coastal.
The citrus concentrate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Citrus Concentrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Citrus Concentrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Citrus Concentrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Citrus Concentrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Citrus Concentrate Market Size & Forecast, 2018-2028
4.5.1 Citrus Concentrate Market Size and Y-o-Y Growth
4.5.2 Citrus Concentrate Market Absolute $ Opportunity
Chapter 5 Global Citrus Concentrate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Citrus Concentrate Market Size Forecast by Type
5.2.1 Organic Concentrate
5.2.2 Conventional Concentrate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Citrus Concentrate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Citrus Concentrate Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceutical
6.2.3 Dietary Supplement
6.2.4 Personal Care
6.2.5 Cosmetics
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Citrus Concentrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Citrus Concentrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Citrus Concentrate Analysis and Forecast
9.1 Introduction
9.2 North America Citrus Concentrate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Citrus Concentrate Market Size Forecast by Type
9.6.1 Organic Concentrate
9.6.2 Conventional Concentrate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Citrus Concentrate Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceutical
9.10.3 Dietary Supplement
9.10.4 Personal Care
9.10.5 Cosmetics
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Citrus Concentrate Analysis and Forecast
10.1 Introduction
10.2 Europe Citrus Concentrate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Citrus Concentrate Market Size Forecast by Type
10.6.1 Organic Concentrate
10.6.2 Conventional Concentrate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Citrus Concentrate Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceutical
10.10.3 Dietary Supplement
10.10.4 Personal Care
10.10.5 Cosmetics
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Citrus Concentrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Citrus Concentrate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Citrus Concentrate Market Size Forecast by Type
11.6.1 Organic Concentrate
11.6.2 Conventional Concentrate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Citrus Concentrate Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceutical
11.10.3 Dietary Supplement
11.10.4 Personal Care
11.10.5 Cosmetics
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Citrus Concentrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Citrus Concentrate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Citrus Concentrate Market Size Forecast by Type
12.6.1 Organic Concentrate
12.6.2 Conventional Concentrate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Citrus Concentrate Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceutical
12.10.3 Dietary Supplement
12.10.4 Personal Care
12.10.5 Cosmetics
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Citrus Concentrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Citrus Concentrate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Citrus Concentrate Market Size Forecast by Type
13.6.1 Organic Concentrate
13.6.2 Conventional Concentrate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Citrus Concentrate Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceutical
13.10.3 Dietary Supplement
13.10.4 Personal Care
13.10.5 Cosmetics
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Citrus Concentrate Market: Competitive Dashboard
14.2 Global Citrus Concentrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vita-Pakt Citrus Products Co
14.3.2 Lemon Concentrate S.L
14.3.3 Dohler
14.3.4 Prodalim Group
14.3.5 CitroGlobe
14.3.6 Bell Flavors and Fragrances
14.3.7 Citromax
14.3.8 Citrosuco S.A
14.3.9 Yantai North Andre Juice Co. Ltd
14.3.10 Sucocitrico Cutrale Ltd
14.3.11 Vita-Pakt Citrus Products Co
14.3.12 Conventional
14.3.13 Huiyuan Juice
14.3.14 Ingredion Incorporated
14.3.15 Greenwood AssociatesInc
14.3.16 Nielsen Citrus Products
14.3.17 Bordas distillations Chinchurreta SA
14.3.18 PACIFIC COAST FRUIT PRODUCTS
14.3.19 The Perfect Puree of Napa Valley
14.3.20 DENNICK FRUITSOURCE
14.3.21 Ventura Coastal
