How is Citrus Concentrate Made and Used?
Citrus Concentrate Market Size was estimated at 11.63 (USD Billion) in 2022. The Citrus Concentrate Industry is expected to grow from 11.94(USD Billion) in 2023 to 15.13 (USD Billion) by 2032. The Citrus Concentrate Market CAGR (growth rate) is expected to be around 2.66% during the forecast period (2024 - 2032).
citrus concentrate market has witnessed significant growth over the years due to increasing consumer demand for natural and healthy food and beverage products. Citrus concentrates, derived from fruits like oranges, lemons, limes, and grapefruits, are widely used in the food and beverage industry, pharmaceuticals, and cosmetics. The industry has evolved with advancements in processing technology, improved storage and transportation methods, and the introduction of innovative product formulations. With growing awareness about the health benefits of citrus-based products, the demand for citrus concentrates is expected to continue its upward trajectory.
Key Players:
Tropicana Products, Inc., Diageo PLC, Refresco Group, Keurig Dr…