Citrus Seeds Market 2021 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2031

-

 The global citrus seed market is forecast to expand at 6.3% CAGR between 2021 and 2031, projects ESOMAR-certified consulting firm Future Market Insights (FMI).

Citrus seed is becoming popular among the vegan population as it is plant based and has high amount of vitamin C and vitamin K, which are immunity boosters. Citrus seed also contains vitamin B12 group and magnesium which help in faster recovery from any infection. A surge in demand is seen from cosmetic and personal care sector owing to collagen boosting properties of citrus seed extracts and increasing customer preference towards organic and natural skincare products. Citrus seed is considered a rich source of folic acid and ascorbic acid along with no cholesterol, no sodium and no fat. Such healthy properties of extracts have made citrus seed oil extremely popular among fitness enthusiasts.

For more Insights into the Market, Request a Sample of this Report https://www.futuremarketinsights.com/reports/sample/rep-gb-13197

According to report published in 2016 by Food and Drug Administration, a GRAS notice was passed stating that glycerin citrus extract is safe for human consumption. Increasing participation among market players towards researching and developing new citrus extracts will further fuel the market growth.

“Research has indicated that the citrus seed oil is beneficial for cardiovascular complications and skin lubrication as it has low sugar and fat content. Increasing demand of citrus seed oil in medication and cooking purpose will give tailwinds to the demand registered in the market,” says the FMI analyst

Key Takeaways

  • Brazil is anticipated to offer lucrative growth opportunities owing to availability of optimal climate conditions for citrus fruits production and increasing tourist footfall.
  • Adoption of modern technology in Japan for producing high quality citrus seed oils will have positive influence on growth.
  • India with more than 25% of the APEJ citrus seed market share is anticipated to emerge as a lucrative market over the assessment period on the back of increasing demand for organic liver detoxification and blood purification products.
  • Rising customer inclination towards healthy eating habits will enable market expansion in the U.S. during the forecast period.
  • Increasing demand for plant-based food and supplements among the population in South Africa will act as a key driver for citrus seed market growth.

Comments

Post a Comment

Popular posts from this blog

Thionyl Chloride Market Size, Share, Revenue Demand & Growth by 2034

-
Heightening concerns related to water treatment are likely to further fuel its growth engine in the near term. According to the latest report by FMI, the global  thionyl chloride market  is expected to reach a valuation of US$ 829.9 million by 2034. The industry is expected to experience revenue growth at a moderate CAGR of 4.8% during the forecast period. Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. The rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. However, a majority of end users of thionyl chloride are facing a massive slowdown due to the coronavirus (COVID-19) pandemic. This is substantially widening the supply-demand gap, and, as such, straining the revenue pool of the thionyl chloride market. Further, China – the epicenter of the pandemic – is
Read more

Bonded Magnet Market Size, Share, Revenue Demand & Growth by 2034

-
  The  bonded magnet market size  is projected to be around US$ 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass US$ 4,150.99 million by 2034. The bonded magnet industry is primarily driven by the increasing demand for miniaturization and lightweight components in various applications such as automotive, consumer electronics, and medical devices. The rising focus on sustainability and environmental concerns has propelled the adoption of bonded magnets, which are manufactured using environmentally friendly processes and materials. One of the latest trends in the bonded magnet industry is the development of hybrid magnet systems combining bonded magnets with other materials like plastics or composites. These hybrid systems offer unique properties and performance characteristics, catering to specific application requirements such as weight reduction or thermal stability. One significa
Read more

Construction Chemicals Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

-
 The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.  Construction chemicals  play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market. The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid expansion of the
Read more