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Citrus is one of the most important commercial fruit crop grown across the globe. On a global scale orange constitutes over half of the total citrus production. A greater portion of this production is addressed to the industrial extraction of citrus juice which leaves a bulk amount of residues including peels. The peels of citrus fruits are composed of natural flavonoids including many poly-methoxylated flavones rarely found in the peel of other plants. Flavonoids are antioxidant compounds which are known to render several health benefits including prevention of several chronic diseases such as heart diseases and cancer. Apart from that the orange peel extract also contains higher amounts of other nutrients such as Vitamin C. For example, 3.5 ounce of orange peel constitutes 136 milligrams of vitamin C. Orange peel extract is also widely used in cosmetic industry and is also used in the production of pectin. Approximately 13% of the world’s pectin is produced from orange peel.

Orange Peel Extract Market Segmentation:

The orange peel extract market is segmented into, area of application and distribution channel. By area of application the global orange peel extract market is segmented into, food and beverages industry, pharmaceutical industry and cosmetic industry. Orange peels are considered as rich source of essential oils which are used since ancient times as flavoring agents for preparation of foods. Other than this orange peel extracts are also being used as natural pigments and an effective source of colorants thus replacing synthetic pigments currently available in the market. Demand for organic products has also increased the sales prospects of orange peel extract in cosmetic industry where a number of cosmetic products such as, lotions, tonics, soap, bath- and shower, hair conditioning formulations utilized orange peel extract as an additive ingredient. By distribution channel the orange peel extract market is segmented into, hypermarkets/supermarkets, retail stores, specialty stores, online retail and other retail formats. Hypermarkets/supermarkets segment, is expected to depict highest revenue shares in the global orange peel extracts market across the globe.

Orange Peel Extract Market Regional Outlook:

On the basis of region the global Alpine Herb Extract market is segmented into, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa.  The world’s largest producers of dried citrus peels are in Argentina and Mexico. However, other prominent producers are, U.S., Spain, peru and Bolivia. North America and Western Europe are expected to account for significant revenue shares in the global orange peel extract market over the forecast period.

Orange Peel Extract Market Drivers and Trends

Increasing acceptance of orange peel extracts in developed countries such as America and Western Europe attributed to its popularity as a powerful source of vitamins and flavonoids is driving the orange peel extract market over the forecast period. Furthermore, demand for cosmetic products comprising of more natural organic ingredients is driving the market for orange peel extract market.

Also increasing demand for functional foods products translating into expanding market for hyrdrocolloids and increasing application in cosmetic and pharmaceutical industry is expected to contribute towards market growth of orange peel extracts market. Besides its application as natural texturizer for ointments, oils and creams and as an superior thickener and stabilizer for shampoos, lotions and hair tonics, pectin is also used as an effective skin anti-aging agent.  

Orange Peel Extract Market Key Players:

Some of the key players offering Orange Peel Extract include; Beacon Commodities, Plant Extracts International Inc., Denk Ingredients, MB-Holding GmbH & Co.KG  and others. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

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10. What will be the barrier to entry for new players in the market?

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Orange Peel Extract Market

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