Citrus Flavour Market Size, Share, Growth Drivers, Trends & Opportunities, Overall Sales and Demand Forecast to 2032
Citrus Flavour Market :
Citrus flavours can be derived from grapefruit, lime, lemon and tangerine, it is used for conveying the flavour to various foods and beverages. The consumption of citrus flavours offer various health benefits to consumers, as it increases antioxidant levels in the body and reduces the occurrence of various metabolic diseases such as diabetes and obesity.
Citrus Flavour was estimated to be worth US$ 1819 million in 2023 and is forecast to a readjusted size of US$ 2594 million by 2030 with a CAGR of 5.2% during the forecast period 2024-2030
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Citrus is a perennial top flavor choice for beverages and offer a more diverse range of taste tones than almost any other fruit category. No other taste enjoys greater acceptance in the beverage industry and is consistently one of the most popular flavors for sweet food products. The citrus taste is a favorite in nearly all countries around the globe.
Global Citrus Flavour Companies Covered
Firmenich, ADM , The Kerry Group, LLC , Takasago International Corporation , DÖHLER, Symrise AG , IFFCO Group , Givaudan , Citromax Group , Treatt, IFF
Similar to vanilla, citrus flavors are also very high in demand. Typically used in beverages, confectionary and desserts, citrus flavors are popular with both younger consumer group such as millennials and Gen Z, and older consumer groups with mature tastes. The most common citrus flavors are orange, lemon and lime.
Global citrus flavour key players include Firmenich, ADM, Kerry Group, etc.The top 5 companies hold a share about 50%. North America is the largest market, with a share about 42%, followed by Europe and Asia Pacific with the share about 32% and 20%.In terms of product, orange based is the largest segment, with a share over 45%. And in terms of application, the largest application is beverages, followed by dairy.
Global Citrus Flavour Market, by Region
Global Citrus Flavour Market, Segment by Type
Global Citrus Flavour Market, Segment by Application
𝐊𝐧𝐨𝐰 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 (𝐃𝐞𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧, 𝐓𝐎𝐂, 𝐚𝐧𝐝 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐓𝐚𝐛𝐥𝐞𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬): Citrus Flavour Market
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