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Report
Global Orange Extracts Market Report and Forecast 2023-2028
Market Report I 2023-08-10 I 162 Pages I EMR Inc.
Global Orange Extracts Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global orange extracts market reached a value of USD 598.6 million in 2022. Aided by the increasing penchant for natural and organic flavouring agents in the food and beverage sector, combined with the multifarious applications of orange extracts, the market is projected to further grow at a CAGR of 5.47% between 2023 and 2028 to reach a value of USD 825.4 million by 2028.
Orange extracts, derived primarily from the zest or outer peel of oranges, are a concentrated form of the fruit's essence. Packed with the vibrant and zesty aroma of oranges, these extracts are frequently integrated into a plethora of products, from baked goods and desserts to beverages and cosmetics. Rich in flavonoids and powerful antioxidants, orange extracts not only elevate the sensory appeal of products but also contribute to health and wellness.
The rising global emphasis on natural and organic products significantly propels the orange extracts market growth. Consumers, now more than ever, are sceptical of artificial additives and are ardently seeking natural alternatives. Orange extracts, with their natural origin and pronounced flavour profile, aptly fit this bill. They provide an authentic orange flavour without the need for artificial and synthetic compounds, making them a favourite among manufacturers and consumers alike.
The surge in gourmet baking and culinary arts has also played its part in boosting the orange extracts market demand. From orange-flavoured chocolates and candies to cakes, muffins, and even savoury dishes, the versatility of orange extracts is being recognised and celebrated in kitchens worldwide. Additionally, with the global rise of craft beverages, especially in the alcoholic segment like gins and craft beers, orange extracts are often used to introduce nuanced flavour notes.
Beyond the culinary world, the cosmetic and personal care sector has played a crucial role in shaping the orange extracts market dynamics. Their rich antioxidant content, combined with a refreshing citrus scent, makes them ideal ingredients in skincare and beauty products. From revitalising face masks to aromatic body lotions, orange extracts are making their mark.
Moreover, the health benefits associated with oranges, and, by extension, their extracts cannot be overlooked. Rich in vitamin C and other vital nutrients, orange extracts are often incorporated into dietary supplements and health drinks. Their potential to combat oxidative stress, boost immunity, and promote overall health is a significant factor boosting the orange extracts market expansion in the health and wellness sector.
Market Segmentation
The market can be divided based on nature, form, end use, and region.
Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Form
- Powder
- Liquid
Market Breakup by End Use
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global orange extracts companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Dohler GmbH
- Archer-Daniels-Midland Company
- Kerry Group
- Nielsen-Massey Vanillas, Inc.
- McCormick and Company, Inc
- OliveNation LLC
- Citrus Extracts LLC
- Amoretti
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Orange Extracts Market Analysis
8.1 Key Industry Highlights
8.2 Global Orange Extracts Historical Market (2018-2022)
8.3 Global Orange Extracts Market Forecast (2023-2028)
8.4 Global Orange Extracts Market by Nature
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Orange Extracts Market by Form
8.5.1 Powder
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Liquid
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Orange Extracts Market by End Use
8.6.1 Food and Beverages
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Cosmetics
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Pharmaceuticals
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Orange Extracts Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Orange Extracts Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Orange Extracts Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Orange Extracts Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Orange Extracts Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Orange Extracts Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Dohler GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Archer-Daniels-Midland Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Kerry Group
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nielsen-Massey Vanillas, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 McCormick and Company, Inc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 OliveNation LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Citrus Extracts LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Amoretti
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
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