Global Orange Peel Extract Market Application Investigates Growth Inclinations for the Period until 2028 | Top Key Players- Plant Extracts International Inc.; Beacon Commodities; Hunan Nutramax Inc.; Natural Bitter Orange Peel Extract; RUNHERB INC.; MB-Ho

A latest research report titled as ”Global Orange Peel Extract Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028” has been recently added to the vast portfolio of FactMR online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

The food and beverage industry has been witnessing steady growth in the recent years. Orange peel extract finds applications in numerous products due to its versatile nature, which has resulted in the growing demand for orange peel extract. Orange peel extract is a rich source of vitamin C, which makes it highly favourable for medicinal purposes as well as an important ingredient in the pharmaceutical industry. It also has antioxidant properties that render several health benefits, which include relief from heartburn and the prevention of several chronic diseases such as cancer, which is expected to boost the demand for orange peel extract in the global market. In addition, the growing demand for natural flavouring agents and functional food products is also accelerating the demand for orange peel extract.

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The increasing demand for orange peel extract in the cosmetics industry owing to its cleansing properties and its ability to fight acne is also one of the key factors in driving the global orange peel extract market. Moreover, increasing health consciousness is encouraging consumers to use natural ingredient-based products instead of synthetic ingredients, which is another driver of the global orange peel extract market. Abundance in production has led to the easy availability of orange peel extract for low cost, owing to which it has become a preferred raw material for manufacturers and supply-side participants. This factor is also expected to be a major contributor to the demand for orange peel extract in the global market over the forecast period.

Growth of the food & beverage industry and increasing demand for natural flavouring agents is driving the orange peel extract market:

Recent trends in health and wellness are major growth drivers of the orange peel extract market. Orange peel extract has several medicinal properties, which makes it a suitable ingredient for various pharmaceutical applications, and this is boosting the demand for orange peel extract. Due to its high production, the price of orange peel extract is relatively low, which provides a high profit margin. This is encouraging supply-side participants to enter the orange peel extract market. Owing to its versatile nature, orange peel extract finds applications in a wide range of food products and the increasing consumption of food & beverages is driving the orange peel extract market. The shift of consumer preference from synthetic ingredients to natural ingredients is also boosting the demand for orange peel extract. Mexico and Argentina are the largest producers of orange peel extract and are likely to witness healthy growth over the forecast period.

Global Orange Peel Extract Market: Market Participants:

Some of the key market participants identified across the value chain of the global orange peel extract market are Plant Extracts International Inc.; Beacon Commodities; Hunan Nutramax Inc.; Natural Bitter Orange Peel Extract; RUNHERB INC.; MB-Holding GmbH & Co.KG. and Denk Ingredients, among others.

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Opportunities for orange peel extract market participants:

The spending on personal care products has increased owing to an increase in the per capita disposable income, which is among the major drivers of the cosmetics industry and consequently, of the orange peel extract market. The high-profit margin in the orange peel extract market is gaining the interest of numerous market players who sense lucrative growth and market opportunities. Moreover, an increase in the population in the Asia-Pacific region is boosting the consumption of functional food and beverages, which is, in turn, boosting the demand for orange peel extracts. The medicinal properties of orange peel extract make it fit for use in curing several health problems, owing to which it finds applications in the pharmaceutical industry. Increase in the demand for natural flavouring is also another major growth driver of the orange peel extract market over the forecast period.

On the basis of region, the global orange peel extract market has been segmented as:

North America
Latin America
Europe
CIS & Russia
Japan
APEJ
The Middle East & Africa
Brief approach to research for orange peel extract market:

The company will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of the value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated & synthesised at a global level to estimate the overall market sizes.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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