Orange Peel Extract Market is expected to Witness a Sustainable Growth over 2031

Orange peel extract Market Outlook:

In the present market scenario, Food and beverage industry is witnessing a steady growth. Orange peel extracts find its application in numerous products due to its versatile nature which aids to the growing demand for orange peel extract in the market. Orange peel extract is a rich source of vitamin c which makes it highly favorable for medicinal purposes and makes it a significant ingredient in the pharmaceutical industry. It also has antioxidant properties which render several health benefits including relief from heartburn prevention of many chronic diseases such as cancer, these properties are expected to encourage the demand for orange peel extract in the global market. In addition to that, the growing demand for natural flavoring agents and functional food products also contribute to accelerating the growth in demand for orange peel extract.

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Growth of food and beverage industry and increasing demand for natural flavouring agents is driving the Orange peel extract Market:

Recent trends in wellness and health are major growth drivers in the orange peel extract market. Orange peel extract has many medicinal properties which makes it a suitable ingredient for various pharmaceutical application, this leads to an increase in the demand of the orange peel extract. Due to its high production, the price of the orange peel extract is relatively low and this plays a major role in high-profit-margin, which attracts the supply side participants to enter the orange peel extract market. Owing to its versatile nature orange peel extract finds its application in a wide range of food products and increasing consumption of food and beverages products is driving the growth of orange peel extract in the market. The shift of consumer preference from synthetic ingredients to natural based ingredient is escalating the demand for orange peel extract in the market. Mexico and Argentina are the largest producers of orange peel extract and are likely to witness healthy growth rates over the forecast period.

Global Orange peel extract Market: Market Participants:

The key market participants identified across the value chain of the global Orange peel extract market are

  • Plant Extracts International Inc.
  • Beacon Commodities
  • Hunan Nutramax Inc.
  • Natural Bitter Orange Peel Extract
  • RUNHERB INC.
  • MB-Holding GmbH & Co.KG.
  • and Denk Ingredients are among others.

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Orange peel extract Market: Market Segmentation

On the basis of form, the Global Orange peel extract market has been segmented as:

  • Powder
  • Tablets
  • Liquid

On the basis of Nature, the Global Orange peel extract market has been segmented as:

  • Organic
  • Conventional

On the basis of Application, the Global Orange peel extract market has been segmented as:

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals

On the basis of Distribution Channel, the Global Calcium fortified juice market has been segmented as:

  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Specialty Retail Stores
  • Online Retailers

The Orange peel extract market on the basis of region has been segmented as:

  • North America
  • Latin America
  • Europe
  • CIS & Russia
  • Japan
  • APEJ
  • The Middle East & Africa

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