Market Overview:
The global citrus peel extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for natural ingredients in food and beverage products, increasing awareness about the benefits of citrus peel extract, and growing demand for dietary supplements. However, stringent regulatory norms regarding food additives are likely to restrain the growth of this market during the forecast period. On the basis of type, oil segment is expected to account for a major share of the global citrus peel extract market during 2018-2030. This can be attributed to its high demand in pharmaceuticals and personal care applications owing to its properties such as anti-inflammatory and antioxidant effects.
Product Definition:
Citrus peel extract is a natural extract derived from the peels of citrus fruits. It is used as a flavoring agent and preservative in food products, and has also been shown to have antimicrobial properties.
Oil:
Oil is the most important and valuable part of a fruit. It consists of compounds called flavonoids, which give fruits their color. The main function of oil is to protect the cells from damage due to oxygen and UV light; it also helps in increasing shelf life. Oil can be extracted from different parts of a fruit depending upon its type such as skin, seeds, pulp or meat etc.
Powder:
Powder is a dry, granular form of the extract. It is used in food & beverages, cosmetics and pharmaceuticals industries. Citrus peel powder consists of bioactive compounds such as flavonoids and terpenoids that are extracted from orange peels during the manufacturing process known as “powdered extract” or “bio-flavors” which can be consumed directly or processed further for use in various applications.
Application Insights:
The global citrus peel extract market is segmented by application into pharmaceutical, food industry, personal care and cosmetics industries. The personal care and cosmetics application segment accounted for the largest share in 2017. Citrus peels are used as a raw material in this sector owing to their high content of natural essential oils that have excellent cosmetic properties such as anti-inflammatory, antiseptic, astringent and toning agents.
The product plays an important role in pharmacology; it is used for the treatment of skin infections due to its antibacterial property. It also helps treat various other diseases including diabetes due to its antioxidant property which helps remove free radicals from body cells thus curing diabetes mellitus type 2 effectively without any side effects or harmful effects on body organs or systems [8].
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of citrus peels extract in food and beverage, personal care products, pharmaceuticals, and other industries. The region is expected to maintain its dominance over the forecast period due to increasing demand for natural ingredients-based products. Europe is anticipated to be the fastest-growing regional market from 2018 to 2030 on account of rising product demand from countries including Germany, U.K., Italy, Spain, and France among others.
Asia Pacific is projected to witness significant growth over the coming years owing with rapid expansion of end-use industries such as cosmetics & personal care; dietary supplements; pharmaceuticals; food processing & packaging industry in this region which will drive product demand further.
Growth Factors:
- Increasing demand for natural ingredients in food and beverage industry
- Rising awareness about the health benefits of citrus peel extract
- Growing popularity of functional foods and beverages
- Proliferation of new product launches containing citrus peel extract
- Expansion of distribution channels for citrus peel extract
Scope Of The Report
Report Attributes
Report Details
Report Title
Citrus Peel Extract Market Research Report
By Type
Oil, Powder
By Application
Pharmaceutical, Food Industry, Personal Care, Dietary Supplements, Others
By Companies
Phyto Life Sciences, Cifal Herbal Private, Ultra International, IRIMAR, Vee Kay International, Argenti Lemon, Vincent Corporation, Apara International, All thing Citrus, Kanegrade, RUNHERB, Orgenetics, Herbal Bioactives, Active Concepts, NOW Foods
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Citrus Peel Extract Market Report Segments:
The global Citrus Peel Extract market is segmented on the basis of:
Types
Oil, Powder
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
Pharmaceutical, Food Industry, Personal Care, Dietary Supplements, Others
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:
- Phyto Life Sciences
- Cifal Herbal Private
- Ultra International
- IRIMAR
- Vee Kay International
- Argenti Lemon
- Vincent Corporation
- Apara International
- All thing Citrus
- Kanegrade
- RUNHERB
- Orgenetics
- Herbal Bioactives
- Active Concepts
- NOW Foods
Highlights of The Citrus Peel Extract 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:
- Oil
- Powder
- By Application:
- Pharmaceutical
- Food Industry
- Personal Care
- Dietary Supplements
- Others
- 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 Peel Extract 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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 peel extract is a natural extract derived from the rinds and peels of citrus fruits. It is used as a flavoring agent in foods and beverages, as well as in cosmetics.
Some of the key players operating in the citrus peel extract market are Phyto Life Sciences, Cifal Herbal Private, Ultra International, IRIMAR, Vee Kay International, Argenti Lemon, Vincent Corporation, Apara International, All thing Citrus, Kanegrade, RUNHERB, Orgenetics, Herbal Bioactives, Active Concepts, NOW Foods.
The citrus peel extract market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Citrus Peel Extract 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 Peel Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Citrus Peel Extract 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 Peel Extract 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 Peel Extract Market Size & Forecast, 2018-2028
4.5.1 Citrus Peel Extract Market Size and Y-o-Y Growth
4.5.2 Citrus Peel Extract Market Absolute $ Opportunity
Chapter 5 Global Citrus Peel Extract 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 Peel Extract Market Size Forecast by Type
5.2.1 Oil
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Citrus Peel Extract 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 Peel Extract Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Food Industry
6.2.3 Personal Care
6.2.4 Dietary Supplements
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Citrus Peel Extract 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 Peel Extract 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 Peel Extract Analysis and Forecast
9.1 Introduction
9.2 North America Citrus Peel Extract 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 Peel Extract Market Size Forecast by Type
9.6.1 Oil
9.6.2 Powder
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 Peel Extract Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Food Industry
9.10.3 Personal Care
9.10.4 Dietary Supplements
9.10.5 Others
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 Peel Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Citrus Peel Extract 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 Peel Extract Market Size Forecast by Type
10.6.1 Oil
10.6.2 Powder
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 Peel Extract Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Food Industry
10.10.3 Personal Care
10.10.4 Dietary Supplements
10.10.5 Others
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 Peel Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Citrus Peel Extract 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 Peel Extract Market Size Forecast by Type
11.6.1 Oil
11.6.2 Powder
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 Peel Extract Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Food Industry
11.10.3 Personal Care
11.10.4 Dietary Supplements
11.10.5 Others
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 Peel Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Citrus Peel Extract 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 Peel Extract Market Size Forecast by Type
12.6.1 Oil
12.6.2 Powder
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 Peel Extract Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Food Industry
12.10.3 Personal Care
12.10.4 Dietary Supplements
12.10.5 Others
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 Peel Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Citrus Peel Extract 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 Peel Extract Market Size Forecast by Type
13.6.1 Oil
13.6.2 Powder
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 Peel Extract Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Food Industry
13.10.3 Personal Care
13.10.4 Dietary Supplements
13.10.5 Others
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 Peel Extract Market: Competitive Dashboard
14.2 Global Citrus Peel Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Phyto Life Sciences
14.3.2 Cifal Herbal Private
14.3.3 Ultra International
14.3.4 IRIMAR
14.3.5 Vee Kay International
14.3.6 Argenti Lemon
14.3.7 Vincent Corporation
14.3.8 Apara International
14.3.9 All thing Citrus
14.3.10 Kanegrade
14.3.11 RUNHERB
14.3.12 Orgenetics
14.3.13 Herbal Bioactives
14.3.14 Active Concepts
14.3.15 NOW Foods
