Citrus Seeds Market size is expected to reach 6.4% CAGR by 2031

The citrus seeds market is registering increasing demand from various industries. The rising demand for use of natural ingredients in food products and cosmetics & personal care items is expected to create growth opportunities. As per Future Market Insights (FMI), these developments have encouraged key players in the food sector to launch novel products that offer nutritional benefits and are available in various flavors. Driven by this, the citrus seeds market is expected Citrus seeds are plant-derived and are very helpful for people who suffer from digestion disorders, gut issues and obesity problems, as they help in increasing the metabolic rate of the body.

The demand for chemical-free cosmetics and skin care products is rising due to the increasing cases of skin disorders. Therefore, consumers are looking for products which are naturally derived and do not cause any allergic reactions to the skin. Vitamin C being a widely used ingredient in skin care treatments is increasing the demand for citrus seeds. The use of fruits in skin care regime is increasing. Citrus seeds have certain components that help in skin renewal by repairing the tissue that is the outer layer of the skin. The increasing use of citrus seeds as an ingredient in skincare products will create opportunities for growth in the coming years.

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Key Takeaways from Citrus Seeds Market

  • Citrus seeds market is expected to exhibit 6.4% CAGR in the forecast period in terms of value
  • Brazil will emerge as a key market for citrus seeds sales within Latin America
  • Rising demand for dietary supplements will be a chief driver in the U.S., which is expected to account for above 70% sales in North America
  • Expansion of the personal care sector will drive y-o-y growth in the U.K. at 5.7% CAGR
  • China’s bustling food industry and focus on healthy eating will offer lucrative scope for the expansion of the market.

“In recent times, there has been excess demand for food products offer impressive nutritional benefits. The citrus seeds market has evolved with the changing demand and perceptions of consumers worldwide. In order to satisfy the growing demand from consumers for tasty yet organic food ingredients, food manufacturers are emphasizing on including citrus seeds in their product lines,” said a lead analyst at FMI

Shift of Citrus Seeds from By-Product to Co-Product

Citrus seeds were previously a by-product of the citrus industry. Citrus seeds obtained from processing were thrown away as they were earlier considered to be the waste material. But research and technological developments have resulted in the citrus seeds being known to be an important ingredient in various industries. Citrus seeds have become co-products which are developed along with other citrus products either by the same company, or sold to other companies on a large scale for various end-use applications.

Strong Distribution Network of Leading Manufacturers

Manufacturers of citrus seeds are increasing their consumer base by expanding to developing countries. For this, they need a strong network with the distributors and suppliers of their products. These manufacturers are increasing their distribution network as well. But this is being carried out mainly by the leading manufacturers in this industry and distribution is completely handled by the distributor with which they are in partnership with. Either the company goes in partnership with a single distributor which is responsible for distributing its products to all the regions, or else the company goes into partnership with different distributors for different regions.

Who is winning?

Some of the key players operating in the citrus seeds market are Citrosuco S.A., Louis Dreyfus Company B.V., Yantai North Andre Juice Co. Ltd., Sucocitrico Cutrale Ltd., Citromax Group,Presque Isle Wine Cellars Peace River Citrus Products, Parchem Trading Ltd, Rio Grande Juice Company, Vita-Pakt Citrus Products, Panteley Toshev Ltd, Tangshan Eusa Colors Int’l Group and Lemon Concentrate S.L.

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Get Valuable Insights into Citrus seeds market

Future Market Insights, in its new offering, provides an unbiased analysis of the Citrus seeds market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the citrus seeds market based on By Nature (Organic and Conventional), By Application (Animal Feed, Oil extraction, Dietary Supplements, Personal care and cosmetics, Household/Retail) By Sales Channel (Direct/B2B, Modern Trade, Specialty store, Online Retailers, and other Sales Channel. others) and across seven major regions (North America, Latin America, Europe, Japan, APEJ and Middle East and Africa).

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