Growing consumer interest towards citrus oil and powder has fuelled the demand for citrus peels market over the years. Citrus peels are characterized as the processed peels acquired from the citrus fruits such as lemon, lime, tangerine, and others. As the citrus peels have high aromatic compounds which are responsible for providing unique citrus flavor and aroma, these peels of citrus fruits are utilized by various food processors. These citrus peels are further processed as essential oils and blended powder to infuse the aromatic flavors of lemon, lime, orange, tangerine, and others in the various dishes. As like as spices, herbs, and condiments, citrus peels also enhance the food products as a tasty and delicious succulent. Due to this, the demand for citrus peels has been escalating in various food and beverage processors. The citrus peels have tremendous advantages which have flourishing demand among consumers all over the world which is anticipated to drive the global citrus peels market.
Captivating Citrus Peels Market
Along with adding delicious flavors, citrus peels also have health whelming properties due to the presence of vitamin C, potassium, vitamin B complex and other micronutrients which helps in improvising the digestive health. There is a surging demand for citrus peels which has substantial health benefits along with delicious flavor and aroma. In countries such as China, India and Japan expanding consumer inclination towards citrus peels have been gradually increasing owing to better knowledge regarding the associated health benefits. This is principally attributed to the launching innovative products with citrus peels, for example, lemon oils, zest, and others. Along with nourishing the body cells, lemon peels also find wider application in cosmetics and personal care products due to its cleansing properties which replenishes the dead skin cells. Likewise, lemon peels are gaining traction in various home care products such as cleaners and disinfectants because of its antibacterial properties which help in eliminating pathogens in households. In reference to plentiful demand and vitalizing applications, it can be anticipated that citrus peels would remain positive during the period of forecast.
Global Citrus Peels: Market Segmentation
On the basis of nature, the global Citrus Peels market has been segmented as-
On the basis of fruit type, the global Citrus Peels market has been segmented as-
- Others (Tangerine, Pomelo, etc.)
On the basis of form, the global Citrus Peels market has been segmented as-
On the basis of end use, the global Citrus Peels market has been segmented as-
- Food Processing
- Snacks & Savories
- Others (processed meat, ice creams, etc.)
- Beverage Processing
- Alcoholic Beverages
- Non-alcoholic Beverages
- Food services
- Animal Feeds
- Home Care
- Cosmetics & Personal Care
- Others (Herbal medicine, pharmaceuticals, etc.)
Global Citrus Peels: Key Players
Some of the key participants of global citrus peels include NOW foods Inc., Vincent Corporation, Active Concepts LLC, Cifal Herbal Private Ltd, Vee Kay International, Merck KGaA, Ultra International B.V., IRIMAR S.L., Argenti Lemon S.A, S.A. Herbal Bioactives LLP, Phyto Life Sciences P. Ltd., , Apara International, All thing Citrus, Kanegrade Ltd., RUNHERB INC, Orgenetics, Inc., etc. More industrialists and other market participants have been showing keen interests towards Citrus Peels as the demand is emerging every year.
Opportunities for Market Participants:
As a natural food ingredient, the citrus peels have thriving demand among consumers across the world in the upcoming years. Moreover, the citrus peels are increasingly utilized as fertilizers and compost in recent years which has bracing demand among the consumers. Due to agglomeration of distribution channels and well-established infrastructure in the supply chains over the years, it is anticipated that there would be remunerative returns for the product developers and other market participants of global citrus peels during the forecast period.
Global Citrus Peels: A Regional Outlook
Citrus peels are extensively used over the globe as a result of their versatile applications. Among all the regions, Asia Pacific has the prominent consumption of citrus peels especially in the countries such as India, China, Japan and others owing to higher utilities of citrus peels in personal and home care products. In the region of Europe, the citrus peels are highly used in sauces and savories to enhance the citrus flavor in the same. In North America, the extending imports of flavor-imparting sustenance and growing demand for aromatic beverages have supported the development and advancement of the citrus peels market. In Latin America and the Middle East and Africa, the citrus peels are devoured in close to home care products and processed foods. Bound to all the above favorable growth factors, the global citrus peels market is anticipated to proliferate in terms of quantity and quality in the mere future.
The Citrus peels market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Citrus peels market, including but not limited to: regional markets, nature, form, product type, end use, and distribution channel.
The Study is a Source of Reliable Data On:
- Citrus peels market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The Regional Analysis Covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The Citrus peels market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates are included under the purview of the study. By doing so, the Citrus peels market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Citrus peels Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the Citrus peels market
- Recommendations to companies for strengthening their foothold in the Citrus peels market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.