United States Citrus Powder Market Size, Share, and COVID-19 Impact Analysis, By Source (Orange, Mandarin, Lime, Lemon, Grapefruit, Bergamot), By Nature (Organic, Conventional), By End-user (Food and Beverages, Personal Care and Beauty Products, Dietary Supplements, Juices), and United States Citrus Powder Market Insights Forecasts 2023 – 2033

Industry: Food & Beverages

RELEASE DATE Jan 2024
REPORT ID SI3387
PAGES 200
REPORT FORMAT PathSoft

United States Citrus Powder Market Insights Forecasts to 2033   

  • The Market Size is Growing at a CAGR of 7.13% from 2023 to 2033.
  • The United States Citrus Powder Market Size is Expected to Hold a Significant Share by 2033.

United States Citrus Powder Market

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The United States Citrus Powder Market Size is Expected to Hold a Significant Share by 2033, at a CAGR of 7.13% during the forecast period 2023 to 2033.

 

Market Overview

Citrus is a flowering tree and bush genus in the Rutaceae family. Citrus fruits are well-known for their aromatic rinds that contain flavonoids and limonoids, as well as being high in juice. The juice's characteristic acidic flavor is due to the abundance of citric acid and other organic acids. Oranges, lemons, grapefruits, pomelos, and limes are examples of citrus fruits. Oranges, the most widely cultivated and traded citrus fruit, account for more than half of global citrus production, followed by tangerines, lemons, and grapefruits. Citric powder is a salt derived from acidic citrus fruits such as orange, lemon, lime, and grapefruit. Citrus fruits are dried using a variety of methods, including freeze-drying, drum drying, spray drying, and air drying. When used as a flavoring agent, it gives food a distinct sour or tart flavor. Citrus powder contains antioxidants and bioflavonoids, which promote cellular turnover, balance skin tone, and protect skin from free radical damage. It is a popular ingredient in personal care and beauty products due to its health benefits.

 

Report Coverage

This research report categorizes the market for the United States citrus powder market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States citrus powder market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States citrus powder market.

 

United States Citrus Powder Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023-2033
Forecast Period 2023-2033 CAGR:7.13%
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:115
Segments covered:By Source, By Nature, By End-User
Companies Covered:Bluegrass Ingredients Inc., Mount Rose Herb, Momar Inc., Van Drunen Farms, Penta Manufacturing Company, and key companies.
Pitfalls & Challenges:Covid-19 Empact,Challenges,Growth, Analysis.

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Driving Factors

The rise in demand for natural flavors is expected to drive the growth of the citrus powder market during the forecast period. Furthermore, the growing application of citrus powder is expected to propel the citrus powder market forward. Furthermore, the increased awareness of the benefits of citrus powder over other artificial agents is expected to support the growth of the citrus powder market. Furthermore, rising consumer preferences for fragrances, as well as increased orange production, will provide potential opportunities for the citrus powder market to grow in the coming years. Citric acid also has cleansing and foul odor-controlling properties, which is driving the use of citrus powder in sanitization and deodorant products, which is expected to drive personal care industry growth over the forecast period.

 

Restraining Factors

The fluctuation in raw material costs is also expected to stymie the growth of the United States citrus powder market over the forecast period. The cost of citrus powder is a significant limiting factor. Citrus powder-based products are comparatively more expensive due to their exotic and export-dependent nature. The higher price when compared to synthetic vitamin C is due to additional production costs.

 

Market Segment

  • In 2023, the orange segment accounted for the largest revenue share over the forecast period.

Based on the source, the United States citrus powder market is segmented into orange, mandarin, lime, lemon, grapefruit, and bergamot. Among these, the orange segment has the largest revenue share over the forecast period. A single orange contains 2.4 grams of fiber, while a large tangerine contains 2.1 grams. Agriculture department, raw tangerines (mandarin oranges). Furthermore, pectin, a soluble fiber, accounts for approximately 65% to 70% of the fiber in citrus fruits. Soluble fiber aids in cholesterol reduction and blood sugar regulation. The tangy orange flavor is more nutritious and consumed in greater quantities than other flavors.

 

  • The conventional segment is witnessing significant CAGR growth over the forecast period.

Based on nature, the United States citrus powder market is segmented into organic, and conventional. Among these, the conventional segment is witnessing significant CAGR growth over the forecast period. Growing demand for citrus powder from the food and beverage, pharmaceutical, and nutraceutical industries. Conventional citrus farming refers to farming systems that use synthetic chemical fertilizers, pesticides, herbicides, and other continuous inputs, as well as genetically modified organisms. As a result, conventional agriculture is typically resource-intensive and energy-intensive, but also highly productive. The primary driver for citrus powder is increased demand from the food and beverage, pharmaceutical, and nutraceutical industries.

 

  • In 2023, the personal care and beauty products segment accounted for the largest revenue share over the forecast period.

Based on the end-user, the United States citrus powder market is segmented into food and beverages, personal care and beauty products, dietary supplements, and juices. Among these, the personal care and beauty products segment has the largest revenue share over the forecast period. Since citrus powder is effective in treating skin conditions such as wrinkles, acne pigmentation, and dark spots, its use in skin care products is expected to grow rapidly. Furthermore, the deodorizing and disinfecting properties of citric acid are driving the growth of citrus powder in various hygiene products.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States citrus powder market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Bluegrass Ingredients Inc
  • Mount Rose Herb
  • Momar Inc.
  • Van Drunen Farms
  • Penta Manufacturing Company
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Development

  • In 2021, Bluegrass Ingredients, Inc., a leading R&D-based specialty food ingredients supplier, received a silver rating from EcoVadis, the leading provider of globally trusted business sustainability ratings, putting the wholesale, bulk ingredients supplier in the top 25% of all businesses evaluated.

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the South Korean Trade Finance Market based on the below-mentioned segments:

 

United States Citrus Powder Market, By Source

  • Orange
  • Mandarin
  • Lime
  • Lemon
  • Grapefruit
  • Bergamot

 

United States Citrus Powder Market, By Nature

  • Organic
  • Conventional

 

United States Citrus Powder Market, By End-user

  • Food and Beverages
  • Personal Care and Beauty Products
  • Dietary Supplements
  • Juices

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