Press release
Citrus Flavors Market Growth 2018-2025 |Key Players Kerry Group Plc., Takasago International Corp., Frutarom Industries Ltd.
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Diverse applications and health benefits of citrus flavors are the key factors driving the global citrus flavors market growth. Citrus fruits have many advantages such as rich in source of antioxidants and vitamin C, has low calorific value, boosts heart health, and may reduce the risk of kidney stones. Citrus fruits also helps in losing extra weight and improves digestion. Manufacturers prefer to add citrus flavors in the beverages due to its tangy taste and it also provides refreshing taste. Citrus flavors are widely used in alcoholic and non-alcoholic beverages such as coffee and tea, soft drinks, and nutritional drinks.
North America held the highest market share in the global citrus flavor market in 2017. The region is projected to maintain its dominance over the forecast period, owing to high preference for citrus flavor products and increasing popularity of citrus aromatherapy. According to International Trade Centre, lemon and sweet orange were the top essential oils preferred by the aromatherapist in 2014.
Key players operating in the global citrus flavor market include Kerry Group Plc., Takasago International Corp., Frutarom Industries Ltd., Sensient Technologies Corp, Firmenich International SA, Symrise AG, Givaudan SA, Citromax Flavors Inc., and International Flavors & Fragrances Inc. among others.
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