The citrus concentrate market was estimated to be worth USD 8.2 billion globally in 2022, and a compound annual growth rate (CAGR) of 5.2% is anticipated over the course of the forecast period. Citrus concentrate has several uses and is frequently made from citrus fruits like oranges, lemons, or limes. It is frequently used to clean a variety of surfaces, including bathrooms and floors. Citrus concentrate gives foods like sauces and drinks a taste boost.

Because of its cleaning qualities, citrus concentrate is utilized in skincare products. The demand for natural and healthful components has increased as a result of growing customer knowledge of the advantages of natural products. Citrus concentrate is now more widely available due to the globalization of the food supply chain.

 

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Growth Drivers

The market is expanding at a substantial rate due to the rising demand for citrus concentrate in the food, beverage, and medicinal industries. Citrus concentrates are adaptable and helpful in the pharmaceutical as well as food and beverage industries. The market is expanding as a result of rising demand for it in aromatherapy.

These are also highly valuable in the cosmetics business. Citrus concentrate is now more widely available due to its globalization. The market's growth has been greatly aided by the expansion of trade and distribution. The market for citrus concentrate is expanding due to technological advancements in extraction and processing. Citrus concentrates' adaptability increases their market potential and propels the market's expansion.

Segmentation

Source

·         Orange

·         Lemon

·         Lime

·         Grapefruit

·         Tangerine

·         Others

By Form

·         Dry

·         Liquid

By Nature

·         Organic

·         Conventional

End-User

·         Pharmaceuticals

·         Cosmetics

·         Food and Beverages

·         Nutraceuticals

·         Personal Care, and Cosmetics

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         Kerry Group

·         Dohler

·         Lionel Hitchen Limited

·         Citromax flavors

·         Flavor Producers

·         Mane Group

·         Takasago International Corporation

·         International Flavors and Fragrances

·         Archer Daniels Midland Company

·         Sensient Technologies Corporation

·         Alg Juices Pty Ltd.

·         Other Players

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