Product Code: PMRREP26845
Persistence Market Research has recently published an in-depth report on the global citrus concentrates market, offering detailed insights into market dynamics, including drivers, trends, opportunities, and challenges, providing a thorough understanding of the market structure and future outlook.
Key Insights: Global Citrus Concentrates Market
- Global Market Size (2024): USD 9375.2Million
- Projected Market Value (2033): USD 14795.3Million
- Global Market Growth Rate (CAGR 2024 to 2033): 5.20%
Citrus Concentrates Market - Report Scope:
The citrus concentrates market involves the development, production, and distribution of concentrates derived from citrus fruits. These concentrates are extensively used in various applications across the food and beverage industry, pharmaceuticals, nutraceuticals, personal care, and cosmetics sectors.
Market Growth Drivers:
Effective Product Positioning for Beverage Manufacturers
Manufacturers of alcoholic beverages such as vodkas, spritzers, and beers are increasingly incorporating citrus concentrates due to the high demand for unique flavors. The summer season sees a peak in demand for citrus-flavored drinks, driving the use of citrus concentrates in refreshing beverages. Citrus concentrate manufacturers are strategically marketing their products to appeal to alcoholic beverage manufacturers and juice producers. In 2018, Dohler observed a significant increase in demand for citrus concentrates from alcoholic beverage and juice manufacturers. The company continues to focus on producing alcohol-stable juice concentrates to cater to this market segment.
Focus on Clean Ingredient Offerings for Food and Beverage Applications
The clean label movement, driven by consumer demand for transparency and real food, is influencing the citrus concentrates market. Consumers prefer products with natural, familiar, and simple ingredients. Citrus ingredients are widely recognized and favored for their natural flavor. Manufacturers are capitalizing on this trend by offering clean label and natural citrus concentrates for various food and beverage applications.
Increasing Applications of Citrus Concentrates
Citrus fruits, known for their health benefits, are extensively used in the pharmaceutical industry, direct consumption, and juice production. Citrus concentrates are a popular choice in juice, soft drinks, ice cream, syrups, and candy products due to their global acceptance. Manufacturers are developing tailor-made concentrates for diverse applications in the food and beverage industry. The leading citrus fruit-producing countries such as Brazil, Argentina, Mexico, and the U.S. (Florida) are increasing their production and processing of citrus fruits, catering to the rising demand from various industries.
Market Challenges:
Climatic Conditions and Diseases
Citrus plants are susceptible to various diseases and infections such as sapling wilt, powdery mildew, green mold rot, blue mold rot, and citrus greening disease (Huanglongbing or HLB). These issues affect citrus fruit production and lead to price fluctuations in citrus concentrates. Natural calamities like heavy rainfall, frost, and soil loss also impact citrus fruit production, causing supply disruptions and price volatility.
The Asian Citrus Psyllid, a disease caused by bacteria, interferes with nutrient transfer in citrus trees, leading to citrus greening and other diseases that affect fruit size, quality, and productivity. These challenges hinder the continuous supply of high-quality citrus fruits and impact overall market growth.
The global citrus concentrates market is poised for significant growth driven by increasing applications in the beverage industry, a focus on clean label ingredients, and the rising demand for health-beneficial citrus products. However, climatic conditions and diseases pose challenges that could impact market dynamics. Manufacturers need to address these issues to ensure a steady supply of high-quality citrus concentrates and capitalize on emerging opportunities in the market.
Key Companies Profiled:
- Givaudan SA
- International Flavors & Fragrances, Inc.
- Symrise AG
- ALG Juices Pty Ltd
- Sensient Technologies Corporation
- Takasago International Corporation
- Firmenich SA
- Dohler
- Kerry Group
- Archer Daniels Midland Company
- Mane Group
- R.C. Treatt & Co. Ltd
- Trilogy Ingredients, Inc
- Lionel Hitchen Limited
- Citromax Flavors
- Flavor Producers, LLC
Citrus Concentrates Industry Research by Category
By Source:
- Orange
- Lemon & Lime
- Grapefruit
- Tangerine
- Others
By Form:
By Nature:
By End Use:
- Food & Beverage Industry
- Pharmaceuticals
- Nutraceuticals
- Personal Care & Cosmetics
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Technology Roadmap
- 1.5. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.1.1. Growing Popularity of Organic and Natural Products
- 3.1.2. Use of Clean Ingredients in Food and Beverage Products
- 3.1.3. Others
- 3.2. Product Innovation / Development Trends
4. Key Success Factors
- 4.1. Product Adoption / Usage Analysis
- 4.2. Product USPs / Features
- 4.3. Strategic Promotional Strategies
5. Global Market Demand Analysis 2019-2023 and Forecast, 2024-2033
- 5.1. Historical Market Volume (Tons) Analysis, 2019-2023
- 5.2. Current and Future Market Volume (Tons) Projections, 2024-2033
- 5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
- 6.1. Regional Pricing Analysis
- 6.2. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033
- 7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis
8. Market Background
- 8.1. Macro-Economic Factors
- 8.1.1. Global GDP Growth Outlook
- 8.1.2. Global GDP and Infrastructure Investment
- 8.1.3. International Trade
- 8.1.4. Global Industry value Added
- 8.1.5. Inflation on Consumer Prices
- 8.1.6. Global Imports of Goods & Services
- 8.1.7. Global Exports of Goods & Services
- 8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Top Companies Historical Growth
- 8.2.2. GDP Growth forecast
- 8.2.3. Manufacturing Industry forecast
- 8.2.4. Global Urbanization Growth Outlook
- 8.2.5. Business Climate
- 8.3. Value Chain
- 8.3.1. Raw Material Suppliers
- 8.3.2. Product Manufacturers
- 8.3.3. End Users
- 8.4. Market Dynamics
- 8.4.1. Drivers
- 8.4.2. Restraints
- 8.4.3. Opportunity Analysis
- 8.5. Global Citrus Trade Analysis
- 8.5.1. Key Citrus Fruit Importers
- 8.5.2. Key Citrus Fruit Exporters
- 8.6. Global Food & Beverage Industry overview
- 8.7. Global Pharmaceutical Industry Outlook
- 8.8. Global Nutraceutical Industry Overview
- 8.9. Global Personal Care & Cosmetics Industry Overview
- 8.10. Overview of Citrus Extraction Process
- 8.11. Overview of Products Obtained from Citrus Fruits
- 8.12. Flavor Industry Trade Organizations/Regulatory Bodies/Regulations
- 8.13. Global Supply Demand Analysis
9. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Source
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Source, 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Source, 2024-2033
- 9.3.1. Orange
- 9.3.2. Lemon & Lime
- 9.3.3. Grapefruit
- 9.3.4. Tangerine
- 9.3.5. Others
- 9.4. Market Attractiveness Analysis By Source
10. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Form
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Form, 2019-2023
- 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Form, 2024-2033
- 10.3.1. Dry
- 10.3.2. Liquid
- 10.4. Market Attractiveness Analysis By Form
11. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Nature
- 11.1. Introduction / Key Findings
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature, 2019-2023
- 11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Nature, 2024-2033
- 11.3.1. Organic
- 11.3.2. Conventional
- 11.4. Market Attractiveness Analysis By Nature
12. Global Market Analysis 2019-2023 and Forecast 2024-2033, by End Use
- 12.1. Introduction / Key Findings
- 12.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2019-2023
- 12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2024-2033
- 12.3.1. Food & Beverage Industry
- 12.3.1.1. Bakery & Confectionery
- 12.3.1.2. Dairy & Dessert
- 12.3.1.3. Alcoholic Beverages
- 12.3.1.4. Non-Alcoholic Beverages
- 12.3.2. Pharmaceuticals
- 12.3.3. Nutraceuticals
- 12.3.4. Personal Care & Cosmetics
- 12.3.5. Others
- 12.4. Market Attractiveness Analysis By End Use
13. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
- 13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 13.3.1. North America
- 13.3.2. Latin America
- 13.3.3. Europe
- 13.3.4. East Asia
- 13.3.5. South Asia and Pacific
- 13.3.6. Middle East and Africa (MEA)
- 13.4. Market Attractiveness Analysis By Region
14. North America Market Analysis 2019-2023 and Forecast 2024-2033
- 14.1. Introduction
- 14.2. Pricing Analysis
- 14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
- 14.4.1.1. U.S.
- 14.4.1.2. Canada
- 14.4.2. By Source
- 14.4.3. By Form
- 14.4.4. By Nature
- 14.4.5. By End Use
- 14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Source
- 14.5.3. By Form
- 14.5.4. By Nature
- 14.5.5. By End Use
- 14.6. Market Trends
- 14.7. Key Market Participants - Intensity Mapping
- 14.8. Drivers and Restraints - Impact Analysis
15. Latin America Market Analysis 2019-2023 and Forecast 2024-2033
- 15.1. Introduction
- 15.2. Pricing Analysis
- 15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Country
- 15.4.1.1. Brazil
- 15.4.1.2. Mexico
- 15.4.1.3. Rest of Latin America
- 15.4.2. By Source
- 15.4.3. By Form
- 15.4.4. By Nature
- 15.4.5. By End Use
- 15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Source
- 15.5.3. By Form
- 15.5.4. By Nature
- 15.5.5. By End Use
- 15.6. Market Trends
- 15.7. Key Market Participants - Intensity Mapping
- 15.8. Drivers and Restraints - Impact Analysis
16. Europe Market Analysis 2019-2023 and Forecast 2024-2033
- 16.1. Introduction
- 16.2. Pricing Analysis
- 16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
- 16.4.1.1. Germany
- 16.4.1.2. Italy
- 16.4.1.3. France
- 16.4.1.4. U.K.
- 16.4.1.5. Spain
- 16.4.1.6. BENELUX
- 16.4.1.7. Russia
- 16.4.1.8. Rest of Europe
- 16.4.2. By Source
- 16.4.3. By Form
- 16.4.4. By Nature
- 16.4.5. By End Use
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Source
- 16.5.3. By Form
- 16.5.4. By Nature
- 16.5.5. By End Use
- 16.6. Market Trends
- 16.7. Key Market Participants - Intensity Mapping
- 16.8. Drivers and Restraints - Impact Analysis
17. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2033
- 17.1. Introduction
- 17.2. Pricing Analysis
- 17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
- 17.4.1.1. India
- 17.4.1.2. ASEAN
- 17.4.1.3. Oceania
- 17.4.1.4. Rest of South Asia & Pacific
- 17.4.2. By Source
- 17.4.3. By Form
- 17.4.4. By Nature
- 17.4.5. By End Use
- 17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Source
- 17.5.3. By Form
- 17.5.4. By Nature
- 17.5.5. By End Use
- 17.6. Market Trends
- 17.7. Key Market Participants - Intensity Mapping
- 17.8. Drivers and Restraints - Impact Analysis
18. East Asia Market Analysis 2019-2023 and Forecast 2024-2033
- 18.1. Introduction
- 18.2. Pricing Analysis
- 18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Country
- 18.4.1.1. China
- 18.4.1.2. Japan
- 18.4.1.3. South Korea
- 18.4.2. By Source
- 18.4.3. By Form
- 18.4.4. By Nature
- 18.4.5. By End Use
- 18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Source
- 18.5.3. By Form
- 18.5.4. By Nature
- 18.5.5. By End Use
- 18.6. Market Trends
- 18.7. Key Market Participants - Intensity Mapping
- 18.8. Drivers and Restraints - Impact Analysis
19. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033
- 19.1. Introduction
- 19.2. Pricing Analysis
- 19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 19.4.1. By Country
- 19.4.1.1. GCC Countries
- 19.4.1.2. Turkey
- 19.4.1.3. Northern Africa
- 19.4.1.4. South Africa
- 19.4.1.5. Rest of Middle East and Africa
- 19.4.2. By Source
- 19.4.3. By Form
- 19.4.4. By Nature
- 19.4.5. By End Use
- 19.5. Market Attractiveness Analysis
- 19.5.1. By Country
- 19.5.2. By Source
- 19.5.3. By Form
- 19.5.4. By Nature
- 19.5.5. By End Use
- 19.6. Market Trends
- 19.7. Key Market Participants - Intensity Mapping
- 19.8. Drivers and Restraints - Impact Analysis
20. Country Wise Market Analysis 2024
- 20.1. Introduction
- 20.1.1. Market Value Proportion Analysis, By Key Countries
- 20.1.2. Global Vs. Country Growth Comparison
- 20.2. U.S. Market Analysis
- 20.2.1. By Source
- 20.2.2. By Form
- 20.2.3. By Nature
- 20.2.4. By End Use
- 20.3. Canada Market Analysis
- 20.3.1. By Source
- 20.3.2. By Form
- 20.3.3. By Nature
- 20.3.4. By End Use
- 20.4. Mexico Market Analysis
- 20.4.1. By Source
- 20.4.2. By Form
- 20.4.3. By Nature
- 20.4.4. By End Use
- 20.5. Brazil Market Analysis
- 20.5.1. By Source
- 20.5.2. By Form
- 20.5.3. By Nature
- 20.5.4. By End Use
- 20.6. Germany Market Analysis
- 20.6.1. By Source
- 20.6.2. By Form
- 20.6.3. By Nature
- 20.6.4. By End Use
- 20.7. Italy Market Analysis
- 20.7.1. By Source
- 20.7.2. By Form
- 20.7.3. By Nature
- 20.7.4. By End Use
- 20.8. France Market Analysis
- 20.8.1. By Source
- 20.8.2. By Form
- 20.8.3. By Nature
- 20.8.4. By End Use
- 20.9. U.K. Market Analysis
- 20.9.1. By Source
- 20.9.2. By Form
- 20.9.3. By Nature
- 20.9.4. By End Use
- 20.10. Spain Market Analysis
- 20.10.1. By Source
- 20.10.2. By Form
- 20.10.3. By Nature
- 20.10.4. By End Use
- 20.11. Russia Market Analysis
- 20.11.1. By Source
- 20.11.2. By Form
- 20.11.3. By Nature
- 20.11.4. By End Use
- 20.12. China Market Analysis
- 20.12.1. By Source
- 20.12.2. By Form
- 20.12.3. By Nature
- 20.12.4. By End Use
- 20.13. Japan Market Analysis
- 20.13.1. By Source
- 20.13.2. By Form
- 20.13.3. By Nature
- 20.13.4. By End Use
- 20.14. S. Korea Market Analysis
- 20.14.1. By Source
- 20.14.2. By Form
- 20.14.3. By Nature
- 20.14.4. By End Use
- 20.15. India Market Analysis
- 20.15.1. By Source
- 20.15.2. By Form
- 20.15.3. By Nature
- 20.15.4. By End Use
- 20.16. ASEAN Market Analysis
- 20.16.1. By Source
- 20.16.2. By Form
- 20.16.3. By Nature
- 20.16.4. By End Use
- 20.17. Australia and New Zealand Market Analysis
- 20.17.1. By Source
- 20.17.2. By Form
- 20.17.3. By Nature
- 20.17.4. By End Use
- 20.18. Turkey Market Analysis
- 20.18.1. By Source
- 20.18.2. By Form
- 20.18.3. By Nature
- 20.18.4. By End Use
- 20.19. South Africa Market Analysis
- 20.19.1. By Source
- 20.19.2. By Form
- 20.19.3. By Nature
- 20.19.4. By End Use
21. Market Structure Analysis
- 21.1. Market Analysis by Tier of Companies (Citrus Concentrates)
- 21.2. Market Share Analysis of Top Players
- 21.3. Market Presence Analysis
22. Competition Analysis
- 22.1. Competition Dashboard
- 22.2. Competition Benchmarking
- 22.3. Competition Deep Dive
- 22.3.1. Givaudan SA
- 22.3.1.1. Overview
- 22.3.1.2. Product Portfolio
- 22.3.1.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.1.4. Sales Footprint
- 22.3.1.5. Strategy Overview
- 22.3.2. International Flavors & Fragrances, Inc.
- 22.3.2.1. Overview
- 22.3.2.2. Product Portfolio
- 22.3.2.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.2.4. Sales Footprint
- 22.3.2.5. Strategy Overview
- 22.3.3. Symrise AG
- 22.3.3.1. Overview
- 22.3.3.2. Product Portfolio
- 22.3.3.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.3.4. Sales Footprint
- 22.3.3.5. Strategy Overview
- 22.3.4. ALG Juices Pty Ltd
- 22.3.4.1. Overview
- 22.3.4.2. Product Portfolio
- 22.3.4.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.4.4. Sales Footprint
- 22.3.4.5. Strategy Overview
- 22.3.5. Sensient Technologies Corporation
- 22.3.5.1. Overview
- 22.3.5.2. Product Portfolio
- 22.3.5.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.5.4. Sales Footprint
- 22.3.5.5. Strategy Overview
- 22.3.6. Takasago International Corporation
- 22.3.6.1. Overview
- 22.3.6.2. Product Portfolio
- 22.3.6.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.6.4. Sales Footprint
- 22.3.6.5. Strategy Overview
- 22.3.7. Firmenich SA
- 22.3.7.1. Overview
- 22.3.7.2. Product Portfolio
- 22.3.7.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.7.4. Sales Footprint
- 22.3.7.5. Strategy Overview
- 22.3.8. Dohler
- 22.3.8.1. Overview
- 22.3.8.2. Product Portfolio
- 22.3.8.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.8.4. Sales Footprint
- 22.3.8.5. Strategy Overview
- 22.3.9. Kerry Group
- 22.3.9.1. Overview
- 22.3.9.2. Product Portfolio
- 22.3.9.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.9.4. Sales Footprint
- 22.3.9.5. Strategy Overview
- 22.3.10. Archer Daniels Midland Company
- 22.3.10.1. Overview
- 22.3.10.2. Product Portfolio
- 22.3.10.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.10.4. Sales Footprint
- 22.3.10.5. Strategy Overview
- 22.3.11. Mane Group
- 22.3.11.1. Overview
- 22.3.11.2. Product Portfolio
- 22.3.11.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.11.4. Sales Footprint
- 22.3.11.5. Strategy Overview
- 22.3.12. R.C. Treatt & Co. Ltd
- 22.3.12.1. Overview
- 22.3.12.2. Product Portfolio
- 22.3.12.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.12.4. Sales Footprint
- 22.3.12.5. Strategy Overview
- 22.3.13. Trilogy Ingredients, Inc
- 22.3.13.1. Overview
- 22.3.13.2. Product Portfolio
- 22.3.13.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.13.4. Sales Footprint
- 22.3.13.5. Strategy Overview
- 22.3.14. Lionel Hitchen Limited
- 22.3.14.1. Overview
- 22.3.14.2. Product Portfolio
- 22.3.14.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.14.4. Sales Footprint
- 22.3.14.5. Strategy Overview
- 22.3.15. Citromax Flavors
- 22.3.15.1. Overview
- 22.3.15.2. Product Portfolio
- 22.3.15.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.15.4. Sales Footprint
- 22.3.15.5. Strategy Overview
- 22.3.16. Flavor Producers, LLC
- 22.3.16.1. Overview
- 22.3.16.2. Product Portfolio
- 22.3.16.3. Profitability by Market Segments (Product/Channel/Region)
- 22.3.16.4. Sales Footprint
- 22.3.16.5. Strategy Overview
23. Assumptions and Acronyms Used
24. Research Methodology