Fruit Peels Market to Hit USD 2.15 Billion by 2031 - North America Drives 38% Share as Functional Foods, Pharma Bioactives & Clean Beauty Surge Globally | DataM Intelligence

Leander, Texas and Paris, France - Dec 04, 2025
According to DataM Intelligence, the global fruit peels market size was valued at US$1.20 billion in 2023 and is forecasted to reach US$2.15 billion by 2031, growing at a CAGR of 7.5% from 2024 to 2031. This robust growth is propelled by increasing awareness of health benefits from fruit peels rich in fiber, vitamins, antioxidants, and low glycemic index, growing applications in biotechnology, pharmaceuticals, and food & beverages, demand for organic and functional foods, enhanced taste and flavor enhancements, rising per capita income, and expanding use in skincare, cosmetics, and wellness products.

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Report Details:
• No. of Pages: 180
• Forecast Period: 2024-2031
• Market Size (Base Year 2023): $1.20 Billion
• Market Size (Forecast Year 2031): $2.15 Billion
• Compound Annual Growth Rate: 7.5%
• Regions Covered: Global

United States Recent Developments:

✅ Cargill Incorporated expanded its fruit peel extraction facility in California, focusing on citrus peels for natural flavorings in functional beverages and reporting 22% growth in wellness product integrations
✅ Will Powder launched powdered mango peel supplements optimized for antioxidant boosts, certified organic and targeted at health retail chains like Whole Foods for immune support
✅ Great American Spice Company introduced dehydrated orange peel granules for culinary applications, emphasizing sustainable sourcing from US farms and partnerships with food processors

Europe Recent Developments:

✅ Naturex AG developed passion fruit peel extracts for pharmaceutical formulations in France and Germany, aligned with EU organic standards for chronic illness treatments and skincare actives
✅ CEAMSO enhanced its citrus peel bioactives line in Italy and the UK, incorporating antimicrobial properties for cosmetics and achieving 20% adoption in natural beauty brands
✅ KG Pektin-Fabriken rolled out lemon peel pectin variants for food preservation across Scandinavia, driven by EU sustainability directives and rising demand in processed foods

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Competitive Landscape
The market features strong competition between global ingredient processors, specialized nutraceutical providers, and innovative biotech firms.
1.Cargill Incorporated maintained market leadership with 25% global market share, expanding their citrus peel portfolio and reporting 14% revenue growth in 2024-2025 through food & beverage partnerships.
2.Naturex AG captured 20% market share in pharmaceutical applications, securing contracts with wellness brands and achieving 12% growth through bioactive innovations.
3.Great American Spice Company dominated the food flavor segment with 18% market share, reporting 11% growth via sustainable sourcing solutions.
4.CEAMSO led European market expansion with 17% market share, achieving 13% growth through cosmetic integrations.Will Powder expanded their supplement channels with 15% market share, focusing on powdered peels with 10% revenue growth.

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Segmentation Analysis
By Product Type
• Citrus represents the largest segment with 50% revenue share in 2023, projected to grow at 7.8% CAGR, valued for high pectin content, versatility in extraction for flavors and thickeners, effective performance in pharmaceuticals and food preservation, and widespread adoption in functional foods requiring natural antioxidants and fiber across global supply chains. Mango shows steady growth with 20% revenue share in 2023, expected to grow at 7.0% CAGR, preferred for tropical appeal, cost-effective processing, and applications in supplements with moderate yield requirements.

By Application
• Pharmaceuticals commands the largest share with 35% revenue share in 2023, growing at 8.0% CAGR, driven by bioactive compounds for chronic treatments, urbanization in health products, growing demand for natural actives, essential need for anti-inflammatory extracts, and rising R&D across drug formulations and nutraceuticals. Food & Beverages shows robust growth with 25% revenue share in 2023, expanding at 7.2% CAGR, valued for flavor enhancement and nutritional fortification in beverages and snacks.Skincare & Cosmetics demonstrates significant applications with 20% revenue share in 2023 for exfoliants and antioxidants.

By End-User
• Food Processing Industry leads the market with 40% revenue share in 2023, growing at 7.6% CAGR, driven by organic food trends, urbanization in packaged goods, growing functional ingredient demands, essential role in waste upcycling, and rising sustainability across manufacturers and exporters. Cosmetics shows accelerated growth with 25% revenue share in 2023, expected to grow at 7.3% CAGR, preferred for natural exfoliants in clean beauty lines. Others demonstrate consistent presence with 35% revenue share in 2023 for pharmaceuticals and livestock feed.

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Regional Analysis:
» North America holds the largest market share with 38% revenue share in 2023, driven by high demand for fruit peels in skincare and wellness, advanced extraction technologies, consumer health awareness, and established supply chains across the United States, Canada, and Mexico.

» Asia-Pacific emerges as the fastest-growing region, projected to expand at 8.2% CAGR through 2031, fueled by lifestyle changes, rising per capita income, massive food & beverage expansions, increasing functional food adoption, and agricultural waste valorization across China, India, Japan, and Southeast Asian countries.

Market Trends & Drivers
The Fruit Peels Market is experiencing robust growth driven by health and sustainability movements, upcycling innovations, functional ingredient surges, and regulatory support for natural products. Key trends include the development of powdered extracts for supplements, growth of bioactive isolations for pharma, advancement in eco-friendly processing, expansion of applications in clean cosmetics, and increasing focus on zero-waste fruit supply chains and antioxidant fortifications. The wellness evolution, technological innovation, and circular economy requirements are significantly contributing to market growth.

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This release was published on openPR.