The citrus extracts market size has grown strongly in recent years. It will grow from $8.32 billion in 2024 to $8.9 billion in 2025 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to high nutritional value, growing demand for natural flavorings, growing interest in herbal remedies, increasing awareness of citrus health benefits, and growing popularity of citrus-based essential oils.
The citrus extracts market size is expected to see strong growth in the next few years. It will grow to " $11.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to growing consumer demand for natural and organic products, rising health consciousness, rising disposable incomes, integration of citrus extracts in functional beverages, and rising trend of plant-based diets. Major trends in the forecast period include technological advancements in citrus extraction processes, the development of new citrus-based products and formulations, the integration of citrus extracts in innovative health and wellness solutions, development of new extraction technologies to improve yield and quality.
The forecast of 7.3% growth over the next five years reflects a slight reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US by increasing flavoring agent costs, as essential citrus extracts from Italy and Israel face trade restrictions, affecting food and fragrance industries.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The increasing consumer emphasis on health and wellness is anticipated to drive the growth of the citrus extracts market in the future. This focus is fueled by a growing awareness of the benefits associated with a healthy lifestyle and the prevention of chronic diseases. Citrus extracts are rich in vitamins, antioxidants, and bioactive compounds that enhance immunity, aid digestion, and promote overall health. For example, in May 2022, a survey conducted by the International Food Information Council (IFIC), a US-based non-profit organization providing science-based information on food safety, nutrition, and health, found that 52% of 1,005 Americans reported following a diet or eating pattern in 2022, a notable increase from 39% in 2021. This increase was especially prominent among individuals under the age of 50, with popular diets including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%). Thus, the growing consumer focus on health and wellness is driving the citrus extracts market.
Companies in the citrus extracts market are concentrating on developing innovative citrus ingredients to cater to the rising demand for natural, health-enhancing products. Citrus ingredients refer to newly developed and enhanced extracts or compounds derived from citrus fruits that provide unique health benefits, flavors, or functional properties for food, beverages, and supplements. For instance, in June 2022, Givaudan, a Switzerland-based manufacturer of flavors, fragrances, and active cosmetic ingredients, partnered with Manus, a US-based biotech company, to launch BioNootkatone, a sustainable and clean-label citrus flavoring ingredient. This innovative product addresses the growing market demand for natural flavors while alleviating supply volatility and environmental impact associated with traditional citrus extracts. BioNootkatone is produced using Manus Bio's proprietary BioAssemblyLine Cell Factory engineering platform, which starts with a non-genetically modified organism (non-GMO) sugar source.
In April 2024, Berje Inc., a US-based provider of essential oils and aromatic chemicals, acquired Global Citrus International (GCI) and Acelim del Peru for an undisclosed amount. This acquisition aims to bolster Berje’s position in the global flavor and fragrance market by integrating these companies into its operations. Global Citrus International (GCI) is a Peru-based manufacturer of lime-based products such as lime essential oils, while Acelim del Peru is a Peru-based grower and processor of lime-based products, including fresh limes, lime essential oils, lime juice, and lime peel.
Citrus extracts are concentrated substances obtained from the peels, pulp, or juice of citrus fruits such as oranges, lemons, and grapefruits. They are rich in bioactive compounds such as flavonoids, vitamin C, and essential oils. These extracts are utilized in various industries, including food, beverages, cosmetics, and pharmaceuticals, for their flavoring, antioxidant properties, and health benefits.
The primary types of citrus extracts include orange, lemon, lime, grapefruit, and others. Orange citrus extraction involves obtaining essential oils, juices, or bioactive compounds from orange peels, pulp, or juice. This process is carried out using methods such as cold pressing, solvent extraction, enzymatic extraction, and supercritical fluid extraction, producing forms such as liquid, powder, and essential oil. Orange citrus extracts are used in food and beverages, pharmaceuticals, cosmetics and personal care products, and nutraceuticals.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid implementation of U.S. tariffs and the resulting trade tensions in spring 2025 are having a notable impact on the food and beverage sector. Rising costs for imported ingredients such as olive oil, cheese, and tropical fruits are pressuring food manufacturers to either reformulate their products or absorb reduced profit margins. Beverage producers are similarly affected, with tariffs on aluminum cans driving up packaging costs. Meanwhile, retaliatory tariffs on U.S. agricultural exports like soybeans and pork are disrupting farm-to-processor supply chains. In response, companies are adjusting recipes, increasing local sourcing, and using commodity hedging strategies to manage price volatility.
The citrus extracts market research report is one of a series of new reports that provides citrus extracts market statistics, including the citrus extracts industry's global market size, regional shares, competitors with a citrus extracts market share, detailed citrus extracts market segments, market trends and opportunities, and any further data you may need to thrive in the citrus extracts industry. This citrus extracts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Major companies operating in the citrus extracts market are Kerry Group Plc, McCormick & Company Inc, Symrise AG, Takasago International Corporation, Naturex SA, Young Living Essential Oils LLC, Citromax Flavors Inc, Mountain Rose Herbs, Peace River Citrus Products, Lebermuth Co Inc, Citrus and Allied Essences Ltd, LIONEL HITCHEN, Bontoux SAS, Botanic Healthcare, Ultra International BV, Global Essence Inc, Frutarom Industries Ltd, Crescent Fragrances Pvt. Ltd., Cifal Herbal Private Ltd, Ace Technologies.
North America was the largest region in the citrus extracts market in 2023. The regions covered in the citrus extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the citrus extracts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The citrus extracts market consists of sales of essential oils, flavonoids, citrus pectin, citrus fiber, and citrus bioactive compounds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The citrus extracts market size is expected to see strong growth in the next few years. It will grow to " $11.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to growing consumer demand for natural and organic products, rising health consciousness, rising disposable incomes, integration of citrus extracts in functional beverages, and rising trend of plant-based diets. Major trends in the forecast period include technological advancements in citrus extraction processes, the development of new citrus-based products and formulations, the integration of citrus extracts in innovative health and wellness solutions, development of new extraction technologies to improve yield and quality.
The forecast of 7.3% growth over the next five years reflects a slight reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US by increasing flavoring agent costs, as essential citrus extracts from Italy and Israel face trade restrictions, affecting food and fragrance industries.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The increasing consumer emphasis on health and wellness is anticipated to drive the growth of the citrus extracts market in the future. This focus is fueled by a growing awareness of the benefits associated with a healthy lifestyle and the prevention of chronic diseases. Citrus extracts are rich in vitamins, antioxidants, and bioactive compounds that enhance immunity, aid digestion, and promote overall health. For example, in May 2022, a survey conducted by the International Food Information Council (IFIC), a US-based non-profit organization providing science-based information on food safety, nutrition, and health, found that 52% of 1,005 Americans reported following a diet or eating pattern in 2022, a notable increase from 39% in 2021. This increase was especially prominent among individuals under the age of 50, with popular diets including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%). Thus, the growing consumer focus on health and wellness is driving the citrus extracts market.
Companies in the citrus extracts market are concentrating on developing innovative citrus ingredients to cater to the rising demand for natural, health-enhancing products. Citrus ingredients refer to newly developed and enhanced extracts or compounds derived from citrus fruits that provide unique health benefits, flavors, or functional properties for food, beverages, and supplements. For instance, in June 2022, Givaudan, a Switzerland-based manufacturer of flavors, fragrances, and active cosmetic ingredients, partnered with Manus, a US-based biotech company, to launch BioNootkatone, a sustainable and clean-label citrus flavoring ingredient. This innovative product addresses the growing market demand for natural flavors while alleviating supply volatility and environmental impact associated with traditional citrus extracts. BioNootkatone is produced using Manus Bio's proprietary BioAssemblyLine Cell Factory engineering platform, which starts with a non-genetically modified organism (non-GMO) sugar source.
In April 2024, Berje Inc., a US-based provider of essential oils and aromatic chemicals, acquired Global Citrus International (GCI) and Acelim del Peru for an undisclosed amount. This acquisition aims to bolster Berje’s position in the global flavor and fragrance market by integrating these companies into its operations. Global Citrus International (GCI) is a Peru-based manufacturer of lime-based products such as lime essential oils, while Acelim del Peru is a Peru-based grower and processor of lime-based products, including fresh limes, lime essential oils, lime juice, and lime peel.
Citrus extracts are concentrated substances obtained from the peels, pulp, or juice of citrus fruits such as oranges, lemons, and grapefruits. They are rich in bioactive compounds such as flavonoids, vitamin C, and essential oils. These extracts are utilized in various industries, including food, beverages, cosmetics, and pharmaceuticals, for their flavoring, antioxidant properties, and health benefits.
The primary types of citrus extracts include orange, lemon, lime, grapefruit, and others. Orange citrus extraction involves obtaining essential oils, juices, or bioactive compounds from orange peels, pulp, or juice. This process is carried out using methods such as cold pressing, solvent extraction, enzymatic extraction, and supercritical fluid extraction, producing forms such as liquid, powder, and essential oil. Orange citrus extracts are used in food and beverages, pharmaceuticals, cosmetics and personal care products, and nutraceuticals.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid implementation of U.S. tariffs and the resulting trade tensions in spring 2025 are having a notable impact on the food and beverage sector. Rising costs for imported ingredients such as olive oil, cheese, and tropical fruits are pressuring food manufacturers to either reformulate their products or absorb reduced profit margins. Beverage producers are similarly affected, with tariffs on aluminum cans driving up packaging costs. Meanwhile, retaliatory tariffs on U.S. agricultural exports like soybeans and pork are disrupting farm-to-processor supply chains. In response, companies are adjusting recipes, increasing local sourcing, and using commodity hedging strategies to manage price volatility.
The citrus extracts market research report is one of a series of new reports that provides citrus extracts market statistics, including the citrus extracts industry's global market size, regional shares, competitors with a citrus extracts market share, detailed citrus extracts market segments, market trends and opportunities, and any further data you may need to thrive in the citrus extracts industry. This citrus extracts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Major companies operating in the citrus extracts market are Kerry Group Plc, McCormick & Company Inc, Symrise AG, Takasago International Corporation, Naturex SA, Young Living Essential Oils LLC, Citromax Flavors Inc, Mountain Rose Herbs, Peace River Citrus Products, Lebermuth Co Inc, Citrus and Allied Essences Ltd, LIONEL HITCHEN, Bontoux SAS, Botanic Healthcare, Ultra International BV, Global Essence Inc, Frutarom Industries Ltd, Crescent Fragrances Pvt. Ltd., Cifal Herbal Private Ltd, Ace Technologies.
North America was the largest region in the citrus extracts market in 2023. The regions covered in the citrus extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the citrus extracts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The citrus extracts market consists of sales of essential oils, flavonoids, citrus pectin, citrus fiber, and citrus bioactive compounds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary2. Citrus Extracts Market Characteristics3. Citrus Extracts Market Trends And Strategies32. Global Citrus Extracts Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Citrus Extracts Market34. Recent Developments In The Citrus Extracts Market
4. Citrus Extracts Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Citrus Extracts Growth Analysis And Strategic Analysis Framework
6. Citrus Extracts Market Segmentation
7. Citrus Extracts Market Regional And Country Analysis
8. Asia-Pacific Citrus Extracts Market
9. China Citrus Extracts Market
10. India Citrus Extracts Market
11. Japan Citrus Extracts Market
12. Australia Citrus Extracts Market
13. Indonesia Citrus Extracts Market
14. South Korea Citrus Extracts Market
15. Western Europe Citrus Extracts Market
16. UK Citrus Extracts Market
17. Germany Citrus Extracts Market
18. France Citrus Extracts Market
19. Italy Citrus Extracts Market
20. Spain Citrus Extracts Market
21. Eastern Europe Citrus Extracts Market
22. Russia Citrus Extracts Market
23. North America Citrus Extracts Market
24. USA Citrus Extracts Market
25. Canada Citrus Extracts Market
26. South America Citrus Extracts Market
27. Brazil Citrus Extracts Market
28. Middle East Citrus Extracts Market
29. Africa Citrus Extracts Market
30. Citrus Extracts Market Competitive Landscape And Company Profiles
31. Citrus Extracts Market Other Major And Innovative Companies
35. Citrus Extracts Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Citrus Extracts Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on citrus extracts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for citrus extracts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The citrus extracts market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Orange; Lemon; Lime; Grapefruit; Other Types2) By Extraction Method: Cold Pressing; Solvent Extraction; Enzymatic Extraction; Supercritical Fluid Extraction
3) By Form: Liquid; Powder; Essential Oil
4) By Application: Food And Beverages; Pharmaceuticals; Cosmetics And Personal Care; Nutraceuticals
Subsegments:
1) By Orange: Sweet Orange Extract; Blood Orange Extract; Navel Orange Extract3) By Lemon: Eureka Lemon Extract; Lisbon Lemon Extract; Organic Lemon Extract
4) By Lime: Persian Lime Extract; Key Lime Extract; Kaffir Lime Extract
5) By Grapefruit: White Grapefruit Extract; Pink Grapefruit Extract; Red Grapefruit Extract
6) By Other Types: Tangerine Extract; Pomelo Extract; Yuzu Extract; Calamondin Extract; Other Citrus Extracts
Companies Mentioned: Kerry Group Plc; McCormick & Company Inc; Symrise AG; Takasago International Corporation; Naturex SA; Young Living Essential Oils LLC; Citromax Flavors Inc; Mountain Rose Herbs; Peace River Citrus Products; Lebermuth Co Inc; Citrus and Allied Essences Ltd; LIONEL HITCHEN; Bontoux SAS; Botanic Healthcare; Ultra International BV; Global Essence Inc; Frutarom Industries Ltd; Crescent Fragrances Pvt. Ltd.; Cifal Herbal Private Ltd; Ace Technologies
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Italy; Spain; Canada
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Kerry Group Plc
- McCormick & Company Inc
- Symrise AG
- Takasago International Corporation
- Naturex SA
- Young Living Essential Oils LLC
- Citromax Flavors Inc
- Mountain Rose Herbs
- Peace River Citrus Products
- Lebermuth Co Inc
- Citrus and Allied Essences Ltd
- LIONEL HITCHEN
- Bontoux SAS
- Botanic Healthcare
- Ultra International BV
- Global Essence Inc
- Frutarom Industries Ltd
- Crescent Fragrances Pvt. Ltd.
- Cifal Herbal Private Ltd
- Ace Technologies