A new Fact.MR study on citrus fiber market finds that the market grew at a healthy 4.3% y-o-y over 2017 to surpass US$ 92 million by the end of 2018. The study underscores how the health & wellness trend and the clean label movement are bolstering the influence of health-conscious consumers on growing adoption of citrus fiber in packaged food products.

Citrus fiber products find multifold applications in the food & beverage industry, as they benefit various food & beverage products through nutritional improvements and textural enhancements. The Fact.MR study reveals that bakery is the largest application of citrus fiber in the food & beverage industry, as the adoption of citrus fiber in bakery products has increased significantly over the past few years.

Bakery product manufacturers are adopting citrus fiber to replace egg or oil, as citrus fiber provides natural emulsification and better functionality to bakery products. Additionally, cost-saving benefits of using citrus fiber are further expanding the scope of the bakery applications of citrus fiber, thereby mushrooming the growth of the citrus fiber market in the bakery product industry.

The Fact.MR study finds that Tier I manufacturers of citrus fiber account for a significant revenue share in the citrus fiber market, making it a moderately consolidated market. With the help of advanced biotechnologies and patented manufacturing procedures, frontrunners in the citrus fiber market continue to consolidate their position in the market. Leading manufacturers in the citrus fiber market are adopting innovative strategies to improve their industry-wide foothold by boosting innovation.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the citrus fiber market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the citrus fiber market.

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After reading the citrus fiber market report, readers get insight into:

Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
New, promising avenues in key regions
New revenue streams for all players in emerging markets
Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
Demand and uptake patterns in key industries of the citrus fiber market
New research and development projects in new technologies in key regional markets
Changing revenue share and size of key product segments during the forecast period
Technologies and business models with disruptive potential

The citrus fiber market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:

MEA (South Africa, Turkey)
APEJ (India, Greater China)
Europe (Eastern Europe, U.K.)
Latin America (Argentina, Mexico)

The evaluation of the competitive landscape in the citrus fiber market covers the profile of the following top players:

Fiberstar
Ceamsa
Herbafood
Florida Food Products
Cargill, Inc
Quadra Chemicals
Naturex
Compañía Española de Algas Marinas S.A. (CEAMSA)
Herbstreith & Fox
Lucid Colloids Ltd.
DuPont
Silvateam S.p.A.
CP Celco

On the basis of application, the citrus fiber market report offers insight into major adoption trends for the following segments:

Bakery
Desserts & Ice-Cream
Sauces & Seasonings
Meat and Egg replacement
Beverages
Flavourings & Coatings
Snacks & Meals
Personal Care
Pharmaceuticals

The global citrus fiber market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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Some important questions that the citrus fiber market report tries to answer exhaustively are:

Key strategic moves by various players in the citrus fiber market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
Which strategies will enable top players in the citrus fiber market to expand their geographic footprints?
Which new business models are expected to change the course of growth of key regional markets in near future?
Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
Which products segments have in recent years have seen new, lucrative application