Market Executive Summary

Citrus flavours can be derived from grapefruit, lime, lemon and tangerine, it is used for conveying the flavour to various foods and beverages. The consumption of citrus flavours offer various health benefits to consumers, as it increases antioxidant levels in the body and reduces the occurrence of various metabolic diseases such as diabetes and obesity.

The global market for Citrus Flavour was estimated to be worth US$ 1819 million in 2023 and is forecast to a readjusted size of US$ 2594 million by 2030 with a CAGR of 5.2% during the forecast period 2024-2030.

Citrus is a perennial top flavor choice for beverages and offer a more diverse range of taste tones than almost any other fruit category. No other taste enjoys greater acceptance in the beverage industry and is consistently one of the most popular flavors for sweet food products. The citrus taste is a favorite in nearly all countries around the globe.

Similar to vanilla, citrus flavors are also very high in demand. Typically used in beverages, confectionary and desserts, citrus flavors are popular with both younger consumer group such as millennials and Gen Z, and older consumer groups with mature tastes. The most common citrus flavors are orange, lemon and lime.

Global citrus flavour key players include Firmenich, ADM, Kerry Group, etc.The top 5 companies hold a share about 50%. North America is the largest market, with a share about 42%, followed by Europe and Asia Pacific with the share about 32% and 20%.In terms of product, orange based is the largest segment, with a share over 45%. And in terms of application, the largest application is beverages, followed by dairy.

This report aims to provide a comprehensive presentation of the global market for Citrus Flavour, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Citrus Flavour by region & country, by Type, and by Application.

The Citrus Flavour market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Citrus Flavour.

Global Citrus Flavour Companies Covered

Firmenich, ADM, Kerry Group, Takasago, DÖHLER, Symrise, IFF, Givaudan, Citromax, Treatt

Global Citrus Flavour Market, by Region

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

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Citrus Flavour Market, Segment by Type

Orange Based

Lemon Based

Lime Based

Other Citrus Based

Global Citrus Flavour Market, Segment by Application

Beverages

Bakery

Confectionery

Dairy

Other

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Citrus Flavour manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Citrus Flavour in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Citrus Flavour in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.