250 Pages Citrus Fiber Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Citrus Fiber. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Citrus Fiber Market across various industries and regions.
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According to Fact.MR, citrus fibers are expected to be valued at around US$ 300 Mn in 2021, expected to surpass US$ 500 Mn by 2031, representing a 1.7x increase across the forthcoming decade.
Growing demand for stable oil-in-water (o/w) emulsions with microscale droplet size without surfactants is driving the market demand for citrus fibers. The market is projected to be dominated by the top five players, including CP Kelco, Fiberstar Inc, CEAMSA, Herbafood Ingredients GmbH, Florida Food Products Inc., and Lemont.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Citrus Fiber market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Citrus Fiber
This newly published and insightful report sheds light on Market Insights of Citrus Fiber, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Citrus Fiber Market.
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Major players seeking to expand their customer base are hoping to gain a dominant position in the market.
In July 2021, Azelis expanded its collaboration with CP Kelco to broaden its distributional capabilities across the Netherlands for citrus fibers and other natural food ingredients.
Likewise, Citri-Fi citrus fibers are used as substitutes in the food sauces and meat products that all have the same purpose or requirement. It creates sauces and meat substitutes that are stable and high quality with their oil and water binding properties.
“Rising demand for natural ingredients and clean labels is spurring citrus fiber application across industries such as food and beverage industries and cosmetic industries. Niche feed and pet food applications are also expected to boost growth in the coming decade,” comments the Fact.MR analyst.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Citrus Fiber, Sales and Demand of Citrus Fiber, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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