Orange Extract Market: Projected to Attain USD 864.64 Billion by 2028


Posted December 29, 2023 by AronSmith

Market Size – USD 612.44 Million in 2021, Market Growth - CAGR of 5.05%, Market Trends –the increasing demand from electronics industry is widening the scope for Orange Extract Market.

 
According to the current analysis of Introspective Market Research, the global Orange Extract Market was valued at USD 612.44 Million in 2021 and is expected to reach USD 864.64 Million by the year 2028, at a CAGR of 5.05%.

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. 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 demand for fruity flavors such as orange extract in processed food has grown speedy and continues to expand at a substantial rate, globally. There is a rising preference for ready-to-eat/ready-to-drink) and snacks help to the higher demand for exotic fruit flavoring. The encapsulation of such tropical fruit flavors to existing processed food continues to be one of the major strategies that are being adopted by the leading producers of processed foods to attract consumers, as such, turning the global orange extract 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.

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Top market 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 and other Major Players.


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Segmentation Analysis of the Global Orange Extract Market Report:

By Form

Powder
Liquid
By Nature

Organic
Conventional


By Application



Food and Beverages
Cosmetics
Pharmaceuticals


By Distribution Channel



Hypermarket/Supermarket
Specialty Store
Drug Store
Others
Market share data Market Segment by Regions and Countries Level Analysis:

North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, and the Rest of Eastern Europe)
Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, and the rest of Western Europe)
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, and the Rest of APAC)
Middle East and Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, and South Africa)
South America (Brazil, Argentina, and the Rest of SA)
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to helping our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients in flourishing their businesses by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specializing in using big data and advanced analytics to show the bigger picture of market trends. We help our clients think differently and build a better tomorrow for all of us. We are a technology-driven research company; we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we also help our clients achieve their goals.

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Issued By Aron
Business Address Introspective Market Research
Country India
Categories Agriculture , Blogging
Last Updated December 29, 2023