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    Citrus Extract Market

    ID: MRFR/CnM/24362-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    Citrus Extract Market Research Report By Extraction Method (Cold Pressing, Solvent Extraction, Enzymatic Extraction, Supercritical Fluid Extraction), By Application (Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Nutraceuticals), By Citrus Type (Orange, Lemon, Grapefruit, Lime), By Form (Liquid, Powder, Essential Oil) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2034.

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    Citrus Extract Market Research Report — Global Forecast till 2034 Infographic
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    Summary Table of Contents Segmentation Infographic

    Citrus Extract Market Summary

    The Global Citrus Extract Market is projected to grow from 1.98 USD Billion in 2024 to 3.43 USD Billion by 2035.

    Key Market Trends & Highlights

    Citrus Extract Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 5.11 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 3.43 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 1.98 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of natural ingredients in food and beverages due to increasing consumer health awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.98 (USD Billion)
    2035 Market Size 3.43 (USD Billion)
    CAGR (2025-2035) 5.11%

    Major Players

    Firmenich, Symrise, Martin Bauer Group, Naturex S.A., Robertet SA, Archer Daniels Midland Company, Cargill Incorporated, Kerry Group Plc, BASF SE, Takasago International Corporation, Frutarom Industries Ltd., Lonza Group Ltd., Ingredion Incorporated, Sensient Technologies Corporation, DSM Nutritional Products

    Citrus Extract Market Trends

     

    The citrus extract market is characterized by a dynamic environment, with significant trends influencing its projected expansion. Citrus extracts are being more widely used in many industries because of consumers' growing desire for natural and healthful components.

     

    Given that citrus extracts have anti-inflammatory and antioxidant qualities, the rising incidence of chronic illnesses has also increased consumer demand for functional foods and drinks that contain these extracts.

     

    Furthermore, new product development is becoming more innovative as a result of the increased public knowledge of the health advantages of citrus extracts.

     

    Three major factors are propelling the market the growing demand for personal care products with citrus extracts; the rise in popularity of natural supplements; and the growth of the food and beverage industry.

     

     

    Furthermore, improvements in extraction and processing methods are anticipated to raise the caliber and productivity of citrus extract manufacturing.

     

    The Global Citrus Extract Market is poised for growth as consumer demand for natural flavors and health-oriented products continues to rise, reflecting a broader trend towards clean label ingredients in the food and beverage sector.

    U.S. Department of Agriculture

    Citrus Extract Market Drivers

    Rising Demand for Natural Ingredients

    The Global Citrus Extract Market Industry is experiencing a notable surge in demand for natural ingredients, driven by increasing consumer awareness regarding health and wellness. As consumers gravitate towards products that are perceived as healthier and more natural, citrus extracts, known for their antioxidant properties and flavor enhancement, are becoming increasingly popular. This trend is reflected in the market's projected growth, with a valuation of 1.98 USD Billion in 2024 and an expected rise to 3.43 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate (CAGR) of 5.11% from 2025 to 2035, suggesting a robust future for natural citrus extracts.

    Market Segment Insights

    Citrus Extract Market Extraction Method Insights

    The Citrus Extract Market is segmented by extraction methods into cold pressing, solvent extraction, enzymatic extraction, and supercritical fluid extraction.

    Among these, cold pressing held the largest market share in 2023 and is projected to continue its dominance throughout the forecast period.

    This is primarily attributed to the increasing demand for natural and minimally processed food ingredients, as well as the rising popularity of cold-pressed juices and beverages.

    Solvent extraction is another widely used method for citrus extract production, particularly for large-scale commercial applications.

    It involves the use of organic solvents such as ethanol or hexane to dissolve and extract the desired compounds from the citrus peel or pulp. Solvent extraction offers high efficiency and selectivity, making it suitable for producing high-purity citrus extracts.

    Citrus Extract Market Application Insights

    The Citrus Extract Market based on the application covered in this study includes food and beverages, pharmaceuticals, cosmetics, personal care, and nutraceuticals.

    The food and beverages segment is expected to account for the largest revenue share during the forecast period, attributable to the increasing demand for natural ingredients in food and beverage products.

    Citrus extracts are used in a variety of applications as flavoring agents, preservatives, and nutritional supplements.

    Changes in lifestyle pattern such as the increased desire to consume healthier foods and beverages are among significant factors that are likely to contribute to the rise of the market.

    The pharmaceuticals segment is forecasted to grow significantly on account of the increasing use of citrus extracts in the production of herbal medicines and dietary supplements.

    Citrus Extract Market Citrus Type Insights

    The Citrus Extract Market is segmented by Citrus Type into Orange, Lemon, Grapefruit, and Lime. Among these, the orange segment held the largest market share in 2023, accounting for around 45% of the Citrus Extract Market revenue.

    The demand for orange extract is primarily driven by its widespread use in the food and beverage industry, particularly in the production of juices, soft drinks, and baked goods.

    Lemon extract, with its distinctive sour taste and aroma, is the second-largest segment, capturing approximately 28% of the market. It is extensively used in culinary applications, including sauces, marinades, and desserts.

    Grapefruit extract, known for its slightly bitter flavor, accounts for about 17% of the market and finds applications in both food and beverage products, as well as personal care items.

    Lime extract, with its refreshing and tangy taste, holds the remaining 10% of the market share and is commonly used in beverages, desserts, and savory dishes.

    Citrus Extract Market Form Insights

    The Citrus Extract Market segmentation by Form includes Liquid, Powder, and Essential Oil. In 2023, the Liquid segment held the largest market share, accounting for over 50% of the Citrus Extract Market revenue.

    The Liquid form is highly preferred due to its ease of handling, absorption, and quick onset of action. The Powder segment is projected to experience the highest CAGR during the forecast period, owing to its versatility and stability. Essential Oils are gaining popularity due to their concentrated form and therapeutic benefits.

    The market growth for Citrus Extract is attributed to rising consumer demand for natural and functional ingredients in food, beverages, and personal care products.

    Get more detailed insights about Citrus Extract Market Research Report — Global Forecast till 2034

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    Regional Insights

     

    The regional segmentation of the Citrus Extract Market showcases distinct market dynamics across key regions. North America holds a significant market share due to the presence of established food and beverage industries and growing consumer demand for natural and healthy ingredients.

     

    Europe follows closely, driven by stringent regulations favoring natural extracts and a growing health-conscious population.

     

    APAC exhibits promising growth potential, fueled by rising disposable incomes and increasing awareness of the benefits of citrus extracts in skincare and pharmaceuticals.

     

    South America and MEA also present opportunities for market expansion, with growing economies and a burgeoning middle class.

     

    As of 2024, North America is estimated to account for over 35% of the Citrus Extract Market revenue, highlighting its dominant position.

     

    Citrus Extract Market By Regional

     

    Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

     

    Key Players and Competitive Insights

     

    Major players in the Citrus Extract Market are constantly vying for market share through strategic acquisitions, partnerships, and product launches. Leading Citrus Extract Market players are investing heavily in research and development to innovate and cater to evolving consumer preferences.

     

    The Citrus Extract Market development landscape is characterized by ongoing collaborations between market participants to leverage each other's strengths and expand their product offerings.

     

    Competitive dynamics are expected to further intensify as the market evolves, with key players adopting new technologies and strategies to gain a competitive edge.

     

    A leading player in the Citrus Extract Market, Firmenich has a strong presence and a diverse product portfolio that caters to various industries. The company's commitment to sustainability and ethical sourcing has earned it a reputation for responsible operations.

     

    Firmenich's research and development initiatives focus on developing innovative and natural citrus extracts that meet the evolving needs of its customers.

     

    With its extensive distribution network and technical expertise, Firmenich is well-positioned to maintain its leadership position in the Citrus Extract Market.

     

    Another prominent competitor in the Citrus Extract Market, Symrise, is known for its broad range of citrus extract products and its focus on delivering customized solutions. The company has a strong presence in emerging markets and actively invests in capacity expansion to meet growing demand.

     

    Symrise's commitment to quality and safety has earned it numerous certifications and accreditations, making it a trusted supplier to major food and beverage companies.

     

    Through its strategic partnerships and acquisitions, Symrise continues to expand its product portfolio and geographical reach, positioning itself as a formidable competitor in the Citrus Extract Market.

     

    Key Companies in the Citrus Extract Market market include

    Industry Developments

     

    The rising consumer awareness regarding the health benefits of citrus extracts is driving market growth. Citrus extracts are rich in antioxidants, vitamins, and minerals, making them popular ingredients in functional foods, beverages, and dietary supplements.

     

    The growing demand for natural and organic ingredients in food and beverage products is also contributing to the market's expansion.

     

    Recent developments in the citrus extract market include the launch of new products and strategic partnerships.

     

    For instance, in 2023, Ingredion Incorporated launched a new line of citrus extracts standardized for hesperidin, a flavonoid with antioxidant and anti-inflammatory properties.

     

    Furthermore, Symrise AG and Citrus Australia formed a partnership to develop and market a range of citrus extracts for use in the food and beverage industry.

     

    Future Outlook

    Citrus Extract Market Future Outlook

    The Global Citrus Extract Market is projected to grow at a 5.11% CAGR from 2024 to 2035, driven by rising health consciousness, demand for natural ingredients, and expanding applications in food and beverages.

    New opportunities lie in:

    • Develop innovative citrus-based functional foods targeting health-conscious consumers.
    • Leverage e-commerce platforms for direct-to-consumer sales of citrus extracts.
    • Invest in sustainable sourcing practices to enhance brand reputation and attract eco-conscious buyers.

    By 2035, the Citrus Extract Market is expected to achieve robust growth, solidifying its position as a key player in the global food and beverage sector.

    Market Segmentation

    Citrus Extract Market Form Outlook

    • Essential Oil

    Citrus Extract Market Regional Outlook

    • Middle East and Africa

    Citrus Extract Market Application Outlook

    • Nutraceuticals

    Citrus Extract Market Citrus Type Outlook

    • Lime

    Citrus Extract Market Extraction Method Outlook

    • Supercritical Fluid Extraction

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 1.98(USD Billion)
    Market Size 2025 2.09(USD Billion)
    Market Size 2034 3.26(USD Billion)
    Compound Annual Growth Rate (CAGR) 5.10% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Martin Bauer Group, Naturex S.A., Robertet SA, Archer Daniels Midland Company, Cargill Incorporated, Kerry Group Plc, BASF SE, Symrise AG, Takasago International Corporation, Frutarom Industries Ltd., Lonza Group Ltd., Ingredion Incorporated, Sensient Technologies Corporation, DSM Nutritional Products
    Segments Covered Extraction Method, Application, Citrus Type, Form, Regional
    Key Market Opportunities Growing demand for natural ingredients Increasing applications in the food and beverage industry Rising consumer awareness about health benefits Expansion into emerging markets Technological advancements in extraction techniques
    Key Market Dynamics Rising health awareness Increasing demand for natural ingredients Technological advancements Growing application in the food and beverage industry Expansion of the retail sector
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the expected valuation of the Citrus Extract Market in 2025?

    The Citrus Extract Market is expected to reach an overall valuation of 2.09 billion USD in 2025.

    What is the projected CAGR of the Citrus Extract Market from 2025 to 2034?

    The Citrus Extract Market is projected to grow at a CAGR of 5.10% from 2025 to 2034.

    Which region is expected to hold the largest share of the Citrus Extract Market in 2023?

    North America is expected to hold the largest share of the Citrus Extract Market in 2023, followed by Europe and Asia-Pacific.

    What are the primary applications of citrus extract?

    Citrus extract has applications in various industries, including food and beverage, pharmaceuticals, cosmetics, and personal care.

    Who are some of the key competitors in the Citrus Extract Market?

    Some of the key competitors in the Citrus Extract Market include Archer Daniels Midland Company, Cargill, Incorporated, and Ingredion Incorporated.

    What are the major factors driving the growth of the Citrus Extract Market?

    The growth of the Citrus Extract Market is primarily driven by increasing demand for natural and organic ingredients, rising consumer awareness about the health benefits of citrus extracts, and expanding applications in various industries.

    What are the challenges faced by the Citrus Extract Market?

    The Citrus Extract Market faces challenges such as fluctuating raw material prices, intense competition, and regulatory hurdles in certain regions.

    What are the emerging trends in the Citrus Extract Market?

    Emerging trends in the Citrus Extract Market include the growing popularity of clean-label products, increasing demand for functional ingredients, and advancements in extraction technologies.

    What is the expected impact of COVID-19 on the Citrus Extract Market?

    The COVID-19 pandemic had a moderate impact on the Citrus Extract Market. While there was a temporary decline in demand during the initial stages of the pandemic, the market has since rebounded and is expected to continue growing in the coming years.

    What are the opportunities for growth in the Citrus Extract Market?

    Opportunities for growth in the Citrus Extract Market include expanding applications in emerging markets, developing innovative products, and strategic partnerships.

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