A gist of Citrus Peel Extract market report
The market intelligence report for the Citrus Peel Extract market serves a platter of important features containing the product taxonomy, critical explanations, and other industry-related parameters.
The Citrus Peel Extract market report also covers the key factors regarding the recent happenings such as new product launches, synergisms, and mergers & acquisitions. Furthermore, the study offers a dexterous background for acquiring heaps of information that likely consumers can use to ensure better gains at low expenditures. The presentation of insights on Citrus Peel Extract market segmentation by type, application, and geography provides a critical angle of, what manufacturers are seeking for the stipulated timeframe, 2018 – 2028.
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The global citrus peel extract market is prognosticated to witness an exponential surge in demand due to the change in lifestyle of the consumers. Rapid urbanization has helped the penetration of chemical ingredients in the food and beverages as well as in healthcare products. Rising awareness among consumers regarding the negative impact that these chemical ingredients on one’s health is bolstering the demand for herbal and organic product. The citrus peel extract in recent times has gained huge popularity due to the benefits that can be found in it.
Global Citrus Peel Extract: Market Segmentation
On the basis of form, the citrus peel extract market is segmented as-
On the basis of fruit, the citrus peel extract is segmented as-
On the basis of end-use, the citrus peel extract is segmented as-
- Food industry
- Sports nutrition
- Sauces & seasonings
- Personal care
- Dietary supplements
- Others (institutions)
Global Citrus Peel Extract Market: Key Players
Some of the key players operating in the global citrus peel extract market are Phyto Life Sciences P. Ltd., Cifal Herbal Private Ltd, Ultra International B.V., Merck KGaA, IRIMAR S.L., Vee Kay International, Argenti Lemon S.A, Vincent Corporation, Apara International, All thing Citrus, Kanegrade Ltd., RUNHERB INC, Orgenetics, Inc., S.A. Herbal Bioactives LLP, Active Concepts LLC, NOW foods Inc. and among others.
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Opportunities for Citrus Peel Extract Market Participants
Considering the wide spectrum of benefits of citrus peel extract, lack of consumer awareness about its benefits is hindering the growth of citrus peel extract market, and hence, educational marketing and raising consumer awareness is of utmost importance for citrus peel extract market growth. Labelling of the end-use products by respective manufacturers of various sectors could be more instructional and provision of scientific proofs regarding the health and other benefits of the citrus peel extract, is essential in response to the buying strategies of consumers. This will facilitate the manufacturers to expand their consumer base, boosting the growth of the citrus peel extract market.
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