Citrus Flavors

Citrus Flavors Market – Size, Share, Outlook, and
Opportunity Analysis, 2018 – 2025
Citrus can be found in a wide range of shape, size, color, and flavor. Citrus flavors
range from acidic and distinctive light aroma of lime to rich sweet. Orange is one of
the most widely recognized citrus flavor used in the food and beverages industry,
followed by lemon. Artificial flavors are prepared from peel and fiber of citrus fruits.
Citrus Oil is produced by hydro diffusion when steams run through the plant material.
Then steam breaks down the cell of the plant and carries the essential in a container.
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Market Dynamics
● Diverse applications and health benefits of citrus flavors are the key
factors driving the global citrus flavors market growth. Citrus fruits have many
advantages such as rich in source of antioxidants and vitamin C, has low
calorific value, boosts heart health, and may reduce the risk of kidney stones.
Citrus fruits also helps in losing extra weight and improves digestion.
Manufacturers prefer to add citrus flavors in the beverages due to its tangy
taste and it also provides refreshing taste. Citrus flavors are widely used in
alcoholic and non-alcoholic beverages such as coffee and tea, soft drinks,
and nutritional drinks.
● Bulk availability of feedstock will create the opportunities for the
manufacturers to innovate and develop new type of products. According to
statistics of Food and Agricultural Organization (FAO), global production of
combined lime & lemon and citrus fruits was 30.3 million tons in 2016 and
grew at the rate of 3.6% during 2015-2016.
● However, consumer should take measures while consuming citrus flavored
products. Excessive consumption of citrus flavored food can cause cavities
as they are acidic in nature and often sugar is added in fruit beverages, which
can affect diabetic patients.
Market Outlook
● Among ingredients type, natural ingredients segment accounted for the
highest market share in the citrus flavor market in 2017. Citrus flavors are
extracted from citrus fruits and they are widely used as a natural flavoring
agent in food products. Manufacturers and food processors prefer this type of
ingredients due to its advantages. Orange constitutes the highest share in
natural citrus ingredients.
● Among type of applications, beverages segment was the leading segment in
the market in 2017. Citrus flavor gives refreshing taste to beverages. Lemon
oil is used especially in carbonated beverages. Beverages segment is
projected to be the dominant segment in the market over the forecast period.
● North America held the highest market share in the global citrus flavor
market in 2017. The region is projected to maintain its dominance over the
forecast period, owing to high preference for citrus flavor products and
increasing popularity of citrus aromatherapy. According to International Trade
Centre, lemon and sweet orange were the top essential oils preferred by the
aromatherapist in 2014.
● Asia Pacific is projected to be the fastest growing region in the market
over the forecast period. According to a statistics by Food and
Agricultural Organization (FAO), production of oranges in China will
increase from 300,000 tons to 7.3 million tons in 2018, due to favorable
weather conditions. Asia Pacific is major producer of citrus fruits in the world.
For instance, according to Food and Agricultural Organization (FAO), Asia
accounted for 55.9% of the world’s production of citrus fruits in Key factors
such as research and development in food industry and availability of wide
range of products are the driving factors.
Key players in Global Citrus Flavor Market
● Key players operating in the global citrus flavor market include Kerry
Group Plc., Takasago International Corp., Frutarom Industries Ltd., Sensient
Technologies Corp, Firmenich International SA, Symrise AG, Givaudan SA,
Citromax Flavors Inc., and International Flavors & Fragrances Inc. among
others.
● Manufacturers are launching new types of food and beverages products in
order to meet rising demand from consumer. For instance, in May 2017,
PersiCo launched a new product, LEMON under the brand name of 7up and
has three types of flavors including lemon, white peach, and cucumber
mint.
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The research report on Citrus Flavors Market is segmented By Ingredients Type, By Application, By Form and By Region – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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