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Citrus Bioflavonoids Market Size

Report ID: GMI4827
Published Date: Jun 2023
Report Format: PDF

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Citrus Bioflavonoids Market Size

Citrus Bioflavonoids Market size surpassed USD 942 million in 2022 and is projected to depict 8% CAGR from 2023 to 2032. Positive outlook in the pharmaceuticals & dietary supplements, food & beverages along with animal feed and Cosmetics & Personal care industry will fuel the market growth. Citrus bioflavonoids are extracted from fruits rich in vitamin C, and work by neutralizing free radicals. These are compounds majorly found in citrus fruits including grapefruit, tangerines and oranges.

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Citrus bioflavonoids provide several health benefits, and they are the key driver of industry growth. The increasing health awareness among consumers has propelled the demand for citrus bioflavonoids in packaged food and beverages. It can be utilized as a flavoring agent as well as a preservative in the food sector. Citrus bioflavonoids are commonly found in alcoholic and quick beverage products. Citrus bioflavonoids are extensively utilized as a functional ingredient to boost nutritional value in a variety of meals and beverages.

Citrus Bioflavonoids Market Report Attributes
Report Attribute	Details
Base Year:	2022
Citrus Bioflavonoids Market Size in 2022:	USD 942 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	8%
2032 Value Projection:	USD 2.17 Billion
Historical Data for:	2018 to 2022
No. of Pages:	350
Tables, Charts & Figures:	325
Segments covered:	Source, Product, Type, Application, and Region
Growth Drivers:	Increase in clean label food consumption Rising demand for nutrition foods
Pitfalls & Challenges:	Side effects and restrictions

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The rising citrus bioflavonoids market demand is also due to the rising prevalence of chronic conditions such as diabetes, high blood pressure, and high sugar levels. Citrus bioflavonoids, which have antibacterial, antiviral, antioxidant, blood pressure-lowering, and anti-inflammatory activities, are used to prevent these diseases. Citrus bioflavonoids' anti-inflammatory and antioxidant characteristics aid in the treatment of cancer, asthma, and cardiovascular diseases.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of citrus bioflavonoids surpassed USD 942 million in 2022 and will exhibit 8% CAGR during 2023 to 2032 driven by the rising prevalence of chronic conditions such as diabetes, high blood pressure, and high sugar levels.

North America citrus bioflavonoids industry will expand by 2032 driven by a shift towards natural and clean label products across various industries, including cosmetics, food, beverages, and personal care.

Citrus bioflavonoids industry development is projected to be aided by an increase in nutritive foods and consumer awareness and growing consumer health concerns about chronic diseases.

Destilaciones Bordas Chinchurreta S.A, Solgar, NOW Foods, Country Life LLC, Natural Factors Inc, Organika Health Products Inc., Ingredients by Nature, Yaan Times Biotech, Nans Products.