Citrus Aurantium Extract Market Trends is Electrifying Growth Cycle
The Citrus Aurantium Extract Market refers to the industry involved in the cultivation, processing, and distribution of extracts derived from the Citrus aurantium, also known as bitter orange or Seville orange. Citrus aurantium extract is valued for its various potential health benefits and wide-ranging applications across several industries, including pharmaceuticals, cosmetics, dietary supplements, and food and beverage.
Some of the key players profiled in the study are Solgar Inc. (United States), Prinova Group (United States), Indena S.p.A. (Italy), BGG World (China), Xi’an Pincredit Bio-Tech Co., Ltd (China), Hunan Nutramax Inc. (China), Shaanxi Jintai Biological Engineering Co., Ltd (China), Changsha Vigorous-Tech Co., Ltd (China).
According to HTF Market Intelligence, the Global Citrus Aurantium Extract market to witness a CAGR of 4.15% during forecast period of 2024-2030. Global Citrus Aurantium Extract Market Breakdown by Application (Dietary Supplements, Pharmaceuticals, Food & Beverages, Cosmetics & Personal Care) by Form (Powder, Liquid) by Distribution Channel (Direct Sales, Indirect Sales) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 5.43 Billion.
Market Trends:
- Concerns over the safety and side effects of citrus aurantium extract.
- Lack of definitive scientific evidence
Market Drivers:
- Growing consumer interest in natural and herbal products
- Increasing prevalence of obesity and related health issues
Market Restraints:
- Development of safer, well-researched formulations in extraction and processing techniques
- Increasing awareness and research into the additional health benefits of citrus aurantium extract
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