COVID-19 Outbreak Positively Influenced the Global Citrus Fiber Market Growth

The global Citrus Fiber market is anticipated to grow significantly at a CAGR of 5.1% over the forecast period (2021-2027). The key aspect that drives the growth of the global citrus fiber market is the increased adoption of citrus fiber as a natural source of vitamin C. Citrus fiber has many health benefits such as it helps in maintaining the body metabolism, digestion, and immunity booster due to which it is highly in demand across the globe. Besides, due to these properties, it is highly being consumed among the people during the COVID-19 outbreak as a nutritive ingredient in order to contain the disease. 

Browse the full report description of "Global Citrus Fiber Market Size, Share & Trends Analysis Report by Grade (Food and Pharmaceutical), by Function (Water Binders/ Fat Replacers, Thickening Agents, and Gelling Agents), and by Application (Food, Beverages, Personal Care, Pharmaceuticals, and Others) Forecast, 2021-2027" at https://www.omrglobal.com/industry-reports/citrus-fiber-market

Besides, the presence of the key players continuously innovating novel technologies also enhances market growth. Players such as Cargill Inc., CP Kelco US Inc., E.I. DuPont De Nemours And Co., Fiberstar, Inc., Herbstreith & Fox KG Pektin-Fabriken, Lucid Colloids Ltd., and Naturex SA among others substantially contribute to the market growth. For instance, in May 2017, Cargill Inc. has completed the acquisition of Polyol Product Line Agrol and Other Assets of BioBased Technologies. This acquisition by the company is likely to aid its revenue generation as well as strengthen the company’s position in the global market. 

Market Coverage

• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- By Grade, Function, and Application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- Cargill Inc., CP Kelco US Inc., E.I. DuPont De Nemours And Co., Fiberstar, Inc., Herbstreith & Fox KG Pektin-Fabriken, Lucid Colloids Ltd., and Naturex SA among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in base year?
• Which segment/region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Citrus Fiber Market – Segmentation

By Grade

• Food
• Pharmaceutical 

By Function

• Water Binders/ Fat Replacers
• Thickening Agents
• Gelling Agents

By Application

• Food
• Beverages
• Personal Care
• Pharmaceuticals
• Others

Global Citrus Fiber Market – Segmentation by Region 

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

Rest of the World

• Latin America 
• Middle East & Africa

To learn more about this report request a sample copy @  https://www.omrglobal.com/request-sample/citrus-fiber-market