Orange Extract Market: Global Industry Trend Analysis and Forecast 2022 – 2028

According to this latest study, the growth in The Orange Extract Market size is projected to reach USD 823 Million by 2027 from an estimated USD 583 Million in 2020, growing at a CAGR of 5.05% globally.

Orange extract is a highly concentrated fruit flavor that has a significant amount of alcohol content, resulting in the improved shelf life of orange extract, and makes it an enchanting choice in the flavoring sector. This supports in demanding the growth of orange extract in the market. Moreover, the orange extract has a strong aroma and is utilized to add a refreshing citrus flavor to mousses, candies, and chocolates, as well as salty dishes such as fish, rice, and chicken. The rising size of the food and beverage industry, backed by the diverse applications of orange extract aids in enhancing the demand for orange extract in the global market. Besides, from the food industry, the orange extract also finds its application in the cosmetics industry. The nutritional properties of orange extract support the sustenance of our skin, making it suitable to be used for anti-wrinkle treatment, clearer skin, and anti-acne treatment. The growth in spending on personal care products results in a higher demand for orange extract in the market. Rising health awareness in consumers is leading them to use more natural-based products, rather than products that have synthetic ingredients, which is expected to grow the demand for orange extract during the projected period.

The increasing size of the food and beverage industry, backed by the diverse applications of orange extract aids in boosting the demand for orange extract in the global market. Apart from the food industry, orange extract also finds its application in the cosmetics industry. The nutritional properties of orange extract help in the nourishment of our skin, making it suitable to be used for clearer skin, anti-wrinkle treatment, and anti-acne treatment. The rise in spending on personal care products results in the higher demand for orange extract in the market. Increasing health consciousness in consumers is leading them to use more natural-based products, rather than products that have synthetic ingredients, which is anticipated to boost the demand for orange extract over the forecast period. Owing to the medicinal properties of orange extract, it is highly preferred in sedatives, and antiseptic, antispasmodic, anti-depressant, and anti-inflammatory products, which is again a growth driver for the orange extract market. The abundance in the production of oranges is a major reason for the low cost and easy availability of orange extracts, which is expected to result in a hike in the demand for orange extract in the market over the forecast period.

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Leading Key Players Covered in Orange Extract market:

• Döhler GmbH
• RC Fine Foods Inc.
• McCormick & Company Inc.
• Jacksonville Mercantile
• OliveNation
• ADM
• Nielsen-Massey Vanillas Inc.
• DONGYU USI
• Xian Yuensun Biological Technology Co.Ltd
• Shaanxi Guanjie Bio-technology Co. Ltd.
• Amoretti

These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.

Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

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Segmentation of Orange Extract market:

By  Type  :

• Powder
• Liquid

By Applications:

• Food and Beverages Bakery Desserts Confectionery Soft Beverages Others (Bakery
• Desserts
• Confectionery
• Soft Beverages

Geographic Segment Covered in the Report

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

South America (Brazil, Argentina, Rest of South America)

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Reasons to Purchase this Market Report:

Market forecast analysis through recent trends and SWOT analysis

Orange Extract Market Dynamics Scenarios with Market Growth Opportunities over the Next Year

Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts

Orange Extract Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.

Competitive environment related to the Orange Extract market shares for key players, along with new projects and strategies that players have adopted over the past five years

Key Benefits for Industry Participants & Stakeholders:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Orange Extract Market

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