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Global Citrus Extracts Share 2025, Forecast To 2034

19 Mar, 2025

What Has Been The Evolution of the Citrus Extracts Market in Recent Years?

The citrus extracts market has seen considerable growth due to a variety of factors.
• In recent years, the size of the citrus extracts market has seen significant growth. It's predicted that it will rise from $8.32 billion in 2024 to $8.97 billion in 2025, manifesting a compound annual growth rate (CAGR) of 7.8%.
The factors contributing to this increased growth during the historic period include the high nutritional value of citrus, rising demand for natural flavors, a burgeoning interest in herbal treatments, growing understanding of the health benefits of citrus, and the increasing popularity of citrus-based essential oils.

What Are the Future Growth Projections for the Citrus Extracts Market?

The citrus extracts market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the citrus extracts market size, with predictions of significant advancement in the next few years. The market is forecasted to hit $12 billion in 2029, boasting a compound annual growth rate (CAGR) of 7.5%.
This anticipated growth during the projection period can be traced back to increasing consumer preference for natural and organic items, amplified health awareness, rising levels of disposable income, inclusion of citrus extracts in functional beverages, and the growing preference for plant-based diets. Key trends expected in the forecast period include advancements in technology for citrus extraction processes, the establishment of new citrus-themed products and formulations, the incorporation of citrus extracts in inventive health and wellness solutions, and the creation of novel extraction technologies to ensure improved yield and quality.

What Are The Core Factors Supporting Growth In The Citrus Extracts Market?

The growth of the citrus extracts market is expected to be fuelled by the escalating consumer focus on health and wellness. This intensifying concern for health and wellness can be traced back to the raising awareness about the advantages of maintaining a healthy lifestyle and averting chronic illnesses. Citrus extracts, loaded with vitamins, antioxidants, and beneficial bioactive compounds, play a key role in enhancing immunity, aiding digestion, and promoting overall health. An example of this could be seen in May 2022 when the International Food Information Council (IFIC), a non-profit organization based out of the USA focused on delivering scientifically-backed facts on food safety, nutrition, and health, conducted a survey. This survey, encompassing 1,005 Americans, revealed that 52% opted for a diet or specific eating pattern in 2022, marking a substantial growth from the 39% recorded in 2021. This upward trend was majorly noticed among individuals below 50 years of age, who majorly preferred clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%). Hence, this amplified consumer attention to the health and wellness sector is leading to the expansion of the citrus extracts market.

What Are The Major Segments Within The Global 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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How Are New Trends Impacting The Size Of The Citrus Extracts Market?

Leading firms in the citrus extracts market, such as Givaudan and Manus, are exploring innovative citrus components to cater to the increasing consumer preference for natural products which boost health. These citrus-based ingredients are advanced extracts from citrus fruits, lending unique health advantages, taste, and functionality to food items, drinks, and supplements. Givaudan, a flavors, fragrances, and cosmetic ingredients producer from Switzerland, for instance, in collaboration with US-based biotech firm Manus, rolled out BioNootkatone in June 2022. It is a sustainable, clean-label citrus flavoring component. This novel product caters to the surging market need for organic flavors, simultaneously alleviating the supply volatility and environmental harm associated with traditional citrus extracts. BioNootkatone is an output of Manus Bio's in-house BioAssemblyLine Cell Factory engineering platform and is developed from a non-GMO sugar source.

Who Are the Key Players 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

What Is The Most Dominant Region In The Citrus Extracts Market?

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.