Citrus Seeds Market Size, Insights, Outlook, Overview And Market Research Report 2024-2033

"The Business Research Company recently released a comprehensive report on the Global Citrus Seeds Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The citrus seeds market size has grown strongly in recent years. It will grow from $4.39 billion in 2023 to $4.73 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to the rise of natural product demand, traditional use in herbal medicine, growing awareness of antioxidants, early adoption in cosmetic formulations, increasing popularity of essential oils, development of organic farming, and early research on seed extract health benefits.

The citrus seeds market size is expected to see strong growth in the next few years. It will grow to $6.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing consumer preference for plant-based ingredients, expanding nutraceutical industries, rising demand for sustainable and eco-friendly products, growing focus on immune-boosting supplements, and the rise of clean-label products in food and cosmetics. Major trends in the forecast period include the use of citrus seeds in personalized nutrition, expansion into functional beverages, the growing importance of natural preservatives, integration into organic skincare routines, growth in biopesticides, enhanced use in eco-friendly cleaning products, and diversification of citrus seed applications in pharmaceuticals.

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Market Drivers and Trends:

The growing demand from the personal care industry is expected to propel the growth of the citrus seed market going forward. The personal care industry encompasses the production and sale of products related to personal hygiene, grooming, skincare, cosmetics, and wellness, aimed at improving an individual's appearance and health. The personal care industry is rising due to increasing consumer awareness of health, wellness, and self-care, along with growing demand for natural and sustainable products. Citrus seed is valued in personal care products for its antioxidants, essential oils, and vitamins, which offer moisturizing, anti-aging, and antimicrobial properties, making it ideal for use in skincare and haircare formulations. For instance, in December 2023, according to a report published by the Bureau of Labor Statistics, a US-based government agency, spending on personal care products and services rose from $771 in 2021 to $866 in 2022, marking a 12.3% increase. Therefore, the growing demand from the personal care industry is driving the growth of the citrus seed market.

Major companies operating in the citrus seed market are developing innovative products, such as citrus fibers, to offer excellent functional benefits, including improved texture and stability in food products. Citrus fiber is a natural fiber derived from the pulp and peels of citrus fruits, used for its functional properties in food and beverage products, such as improving texture, stability, and dietary fiber content. For instance, in January 2023, Fiberstar Inc., a US-based plant-based food ingredient manufacturing company, launched a new line of Citri-Fi 400 citrus fiber. Derived as a byproduct of the citrus juice process, the Citri-Fi 400 organic series combines both insoluble and soluble fibers with native pectin, offering excellent water-holding and emulsification properties for a smooth mouthfeel. This dual function enhances the texture, stability, and nutritional value of food and beverage products, even at usage levels below 1%. USDA-certified organic, non-allergenic, gluten-free, and free of E-numbers, Citri-Fi 400 is also recognized as an organic source by the European Union, making it a versatile and sustainable ingredient.

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Major Key Players of the Market:

Louis Dreyfus Company B.V., Dole Food Company Inc., Citrosuco S.A., Sun Pacific Inc., Citrofrut, Yantai North Andre Juice Co. Ltd., Sunkist Growers Inc., Gless Ranch Inc., Sun Orchard LLC, Alico Inc., Brite Leaf Citrus Nursery, Noble Citrus, Southern Citrus Nurseries, Citrusvil S.A., Territorial Seed Company, Greenfield Citrus Nursery, St Mamet, Lyn Citrus Seed Inc., The Wonderful Company LLC, Moora Citrus, FRUITS ROUGES & Co.

Citrus Seeds Market 2024 Key Insights:

• The citrus seeds market size is expected to see strong growth in the next few years. It will grow to $6.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.
• Surging Personal Care Demand Boosts Citrus Seed Market Growth
• Introduction Of Citrus Fibers For Enhanced Food Functionality
• North America was the largest region in the citrus seeds market in 2023

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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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