Rising Consumer Focus On Health And Wellness Drives Growth In The Citrus Extracts Market: Powering Innovation and Expansion in the Citrus Extracts Market by 2025

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What Is the Expected CAGR for the Citrus Extracts Market Through 2025?
Recently, the citrus extracts market has seen robust growth. Its size is projected to increase from $8.32 billion in 2024 to $8.97 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. This growth surge in the historic period is due to factors such as its high nutritional worth, rising demand for natural flavor enhancements, increased interest in herbal cures, heightened understanding of citrus health advantages, and the burgeoning popularity of essential oils derived from citrus.

What's the Projected Size of the Global Citrus Extracts Market by 2029?
The size of the citrus extracts market is anticipated to experience robust expansion in the upcoming years, potentially reaching $12 billion by 2029 with a CAGR of 7.5%. The increment during the prediction period is a reflection of the mounting consumer interest for organic and natural products, heightened awareness about health, growing disposable incomes, the inclusion of citrus extracts in functional beverages, and the rising popularity of plant-focused diets. Key trends anticipated during this period encompass novel technologies in citrus extraction procedures, the creation of new products and formulas based on citrus; the application of citrus extracts in pioneering health and wellness systems, and the introduction of modern extraction methods to enhance the yield and quality.

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Top Growth Drivers in the Citrus Extracts Industry: What's Accelerating the Market?
The projected expansion of the citrus extracts industry is primarily attributed to the emerging emphasis on health and wellness among consumers. This growing focus on maintaining a healthy lifestyle to prevent long-term illnesses is fueled by the understanding of how essential it is to consume nutrient-rich items. Citrus extracts, which are packed with vitamins, antioxidants, and beneficial bioactive compounds, are known to enhance immunity, aid digestion, and contribute to overall health. For example, a study conducted in May 2022 by the International Food Information Council (IFIC), a non-profit organization in the United States that shares scientifically grounded data about food safety, health, and nutrition, revealed that out of 1,005 Americans surveyed, 52% adhered to a specific diet or eating routine in 2022, a substantial upturn from the 39% recorded in 2021. This trend was predominantly noticeable in individuals below 50 years old, with cleanses (16%), mindful eating (14%), calorie counting (13%), and plant-based diets (12%) amongst the preferred choices. Hence, the augmenting consumer interest in the health and wellness sector is fuelling the progression of the citrus extracts market.

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What Trends Will Shape the Citrus Extracts Market Through 2029 and Beyond?
The citrus extracts marketplace is seeing important corporations sharpening their focus on the creation of innovative citrus constituents to fulfil the burgeoning demand for natural, health-augmenting items. These citrus elements are newly engineered, superior extracts or compounds that come from citrus fruits, offering unique health benefits, tastes, and operational benefits for food, drink, and supplements. For example, Givaudan, a flavor, fragrance, and active cosmetic ingredients producer based in Switzerland, in association with Manus, a biotech firm based in the USA, released BioNootkatone in June 2022. This creative product is a sustainable and clean-label citrus flavoring component, addressing the rising demand for natural tastes, while minimizing the supply discrepancy and ecological harm linked with conventional citrus extracts. The production of BioNootkatone is achieved using Manus Bio's own BioAssemblyLine Cell Factory engineering platform, starting from a non-genetically modified organism (non-GMO) sugar source.

What Are the Main Segments in the Citrus Extracts Market?
The citrus extractsmarket covered in this report is segmented -

1) By Type: Orange, Lemon, Lime, Grapefruit, Other Types
2) By Extraction Method: Cold Pressing, Solvent Extraction, Enzymatic Extraction, Supercritical Fluid Extraction
3) By Form: Liquid, Powder, Essential Oil
4) By Application: Food And Beverages, Pharmaceuticals, Cosmetics And Personal Care, Nutraceuticals

Subsegments:
1) By Orange: Sweet Orange Extract, Blood Orange Extract, Navel Orange Extract
3) By Lemon: Eureka Lemon Extract, Lisbon Lemon Extract, Organic Lemon Extract
4) By Lime: Persian Lime Extract, Key Lime Extract, Kaffir Lime Extract
5) By Grapefruit: White Grapefruit Extract, Pink Grapefruit Extract, Red Grapefruit Extract
6) By Other Types: Tangerine Extract, Pomelo Extract, Yuzu Extract, Calamondin Extract, Other Citrus Extracts

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Which Top Companies are Driving Growth in the Citrus Extracts Market?
Major companies operating in the citrus extracts market are Kerry Group Plc, McCormick & Company Inc., Symrise AG, Takasago International Corporation, Naturex SA, Young Living Essential Oils LLC, Citromax Flavors Inc., Mountain Rose Herbs, Peace River Citrus Products, Lebermuth Co Inc., Citrus and Allied Essences Ltd., LIONEL HITCHEN, Bontoux SAS, Botanic Healthcare, Ultra International BV, Global Essence Inc., Frutarom Industries Ltd., Crescent Fragrances Pvt. Ltd., Cifal Herbal Private Ltd., Ace Technologies

Which Regions Will Dominate the Citrus Extracts Market Through 2029?
North America was the largest region in the citrus extracts market in 2024. The regions covered in the citrus extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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