Press release
Global Citrus Aurantium Extract Market to Reach $5.01 Billion by 2029, Growing at 6.6% CAGR
What Is the Expected Size and Growth Rate of the Citrus Aurantium Extract Market?In recent times, there has been substantial growth in the market size of citrus aurantium extract. The market is projected to go from $3.62 billion in 2024 to $3.88 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.9%. This growth trajectory throughout the historic period is attributed to various factors including the expansion of the functional food and beverage sector, the growing dietary supplement* industry, the increasing popularity of traditional medicines, a surge in demand for natural flavoring agents, and a rise in the requirement for functional foods.
The market for citrus aurantium extract is projected to experience significant growth in the coming years, expanding to $5.01 billion by 2029 with a compound annual growth rate (CAGR) of 6.6%. The surge in the market during this forecast period is likely due to increasing consumer tendencies towards natural and herbal health supplements, heightened consciousness about health benefits, a growing number of obesity cases, a surge in the demand for natural components in foods and drinks, and heightened research and development efforts. Predicted trends for the forecast period incorporate technological innovation, environmentally friendly manufacturing processes, the use of aromatherapy, natural flavor enhancements, and botanical extracts.
What Factors Are Fueling Growth in the Citrus Aurantium Extract Market?
The escalating number of obesity cases worldwide is anticipated to boost the citrus aurantium extract industry's growth. Obesity, a medical ailment typified by an excess accumulation of body fat, poses health threats like heart disease, diabetes, and hypertension. The surge in obesity is instigated by numerous factors, including overeating, a sedentary lifestyle, a disproportionate ratio of calorie consumption to expenditure, metabolic conditions, certain drugs, and genetic influences. The primary application of citrus aurantium extract for obesity is due to its key ingredient, synephrine, which is thought to assist in curbing appetite, speeding up metabolism, and increasing fat burn in weight loss supplements. For example, in March 2022, the World Health Organization (WHO), a Switzerland-based international organization, reported that about 1,028 million individuals were experiencing obesity in 2022, a figure projected to increase to 1,198 million by 2025. Thus, the growing incidence of obesity is projected to spur the market for citrus aurantium extract.
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Which Leading Companies Are Shaping the Growth of the Citrus Aurantium Extract Market?
Major companies operating in the citrus aurantium extract market are Innophos Inc., Synthite Industries Ltd., Kalsec Inc., Bio Biotinica, BI Nutraceuticals, Sabinsa Corporation, Organic Herb Inc., Layn Natural Ingredients Corp., Naturalin Bio-Resources Co. Ltd., Chengdu Hawk Bio-Engineering Co. Ltd., Martin Bauer Group, Chengdu Chenlv Herb Co. Ltd., Amax NutraSource Inc., Jianhe Biotech Co. Ltd., Nutra Green Biotechnology Co. Ltd., Hangzhou Greensky Biological Tech Co. Ltd., Herbal Creations, Hunan Huachang Chemical Co. Ltd., Merlion Naturals, Ningbo J&S Botanics Inc., Nutramed Scientific, Pharmactive Biotech Products SL
What Are the Major Trends Shaping the Citrus Aurantium Extract Market?
Major firms in the citrus aurantium extract market are focusing on creating inventive products like standardized extracts in order to stand out from their competitors. These extracts ensure uniformity in the levels of active ingredients, which boosts the reliability of the products from a customer's point of view. For example, Solgar Inc., a health nutrition company based in the United States, introduced a new range of citrus aurantium extract supplements in 2022. These supplements come with a guaranteed quantity of p-synephrine, critical for controlling hunger and aiding metabolism, and a pledge to source non-GMO. Furthermore, these supplements are designed for easy absorption to meet the increasing consumer need for efficient weight management solutions. This trend mirrors the larger industry move towards transparency and quality guarantee in herbal supplements. This addresses safety worries while highlighting natural health advantages.
What Are the Key Segments of the Citrus Aurantium Extract Market?
The citrus aurantium extractmarket covered in this report is segmented -
1) By Type: Crude Extracts, Standardized Extracts
2) By Application: Essential Oils, Appetite Suppressants, Weight Loss Aids, Other Applications
3) By End User: Pharmaceuticals, Food, Personal Care, Other End Users
Subsegments:
1) By Crude Extracts: Whole Fruit Extracts, Peel Extracts, Pulp Extracts, Seed Extracts, Raw Solvent Extracts
2) By Standardized Extracts: Standardized To Synephrine Content, Standardized To Hesperidin Content, Standardized To Flavonoid Content, Standardized To Alkaloid Content, Standardized To Antioxidant Activity.
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Which Region Dominates the Citrus Aurantium Extract Market?
North America was the largest region in the global citrus aurantium extract market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the citrus aurantium extract market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Citrus Aurantium Extract Global Market Report?
- Market Size Analysis: Analyze the Citrus Aurantium Extract Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Citrus Aurantium Extract Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Citrus Aurantium Extract Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Citrus Aurantium Extract Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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