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Citrus Fiber Market Trends

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Report ID: 3396
Published Date: Aug 28, 2024
Report Format: PDF, PPT

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Citrus Fiber Market Trends

Growth Drivers

Growing Demand for Natural Ingredients in a Wide Range of Food Based Applications
Escalating Consumer Awareness Associated with Food Safety

Challenges

Low Awareness about the Benefits of Citrus Fiber in Underdeveloped Nations

Citrus Fiber Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	5.6%
Base Year Market Size (2023)	USD 379.3 million
Forecast Year Market Size (2036)	USD 770.22 million
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Citrus Fiber Market Size & Share, Growth Report 2036

Author Credits: Parul Atri

Report ID: 3396
Published Date: Aug 28, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of citrus fiber is estimated at USD 396.29 million.

Citrus Fiber Market size was valued at USD 379.3 million in 2023 and is poised to cross USD 770.22 million by 2036, expanding at more than 5.6% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by growing demand for natural ingredients in a wide range of food based applications and escalating consumer awareness associated with food safety.

Latin America is anticipated to dominate majority revenue share by 2036, on the back of growing consumption of citrus fiber-based products, increasing consciousness about health002Drelated concerns among people and rise in the production of natural ingredients based products in the region.

The major players in the market are CP Kelco, Inc., Fiberstar, Inc., FUYAN PHARM (Henan), Inc., Nans Products, Cifal Herbal Private Ltd., and others.

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