PUBLISHER: The Business Research Company | PRODUCT CODE: 1597024
PUBLISHER: The Business Research Company | PRODUCT CODE: 1597024
Citrus seeds are the reproductive components of citrus fruits, including oranges, lemons, limes, grapefruits, and mandarins. These seeds are located within the fruit segments and are typically small, oval, or teardrop-shaped. They contain the genetic material required for the growth of new citrus plants when germinated properly. Citrus seeds are often used for extracting essential oils, planting new citrus trees, and occasionally in traditional medicine for their antioxidant properties.
The main types of citrus seeds consist of orange seeds, lemon seeds, grapefruit seeds, mandarin seeds, and others. An orange seed is the small, hard, oval-shaped reproductive structure found inside an orange, capable of developing into a new orange tree. These seeds can be either organic or conventional and are sold through various channels, including direct sales, business-to-business transactions, modern trade, specialty stores, online retailers, and more. They are utilized in food and beverages, pharmaceuticals, cosmetics, animal feed, and other applications.
The citrus seeds market research report is one of a series of new reports from The Business Research Company that provides citrus seeds market statistics, including citrus seeds industry global market size, regional shares, competitors with a citrus seeds market share, detailed citrus seeds market segments, market trends and opportunities, and any further data you may need to thrive in the citrus seeds industry. This citrus seeds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The citrus seeds market size has grown strongly in recent years. It will grow from $4.39 billion in 2023 to $4.73 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth during the historic period can be attributed to the increasing demand for natural products, traditional uses in herbal medicine, heightened awareness of antioxidants, early adoption in cosmetic formulations, the rising popularity of essential oils, the development of organic farming, and initial research into the health benefits of seed extracts.
The citrus seeds market size is expected to see strong growth in the next few years. It will grow to $6.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period is expected to result from a growing consumer preference for plant-based ingredients, the expansion of nutraceutical industries, rising demand for sustainable and eco-friendly products, an increasing focus on immune-boosting supplements, and the emergence of clean-label products in food and cosmetics. Key trends for the forecast period include the use of citrus seeds in personalized nutrition, expansion into functional beverages, the increasing importance of natural preservatives, integration into organic skincare routines, growth in biopesticides, enhanced applications in eco-friendly cleaning products, and diversification of citrus seed uses in pharmaceuticals.
The increasing demand from the personal care industry is anticipated to drive the growth of the citrus seed market in the future. The personal care industry includes the production and sale of products related to personal hygiene, grooming, skincare, cosmetics, and wellness, all aimed at enhancing an individual's appearance and health. The industry is experiencing growth due to heightened consumer awareness regarding health, wellness, and self-care, alongside a rising demand for natural and sustainable products. Citrus seed is valued in personal care formulations for its antioxidants, essential oils, and vitamins, which provide moisturizing, anti-aging, and antimicrobial properties, making it ideal for skincare and haircare applications. For example, in December 2023, a report published by the Bureau of Labor Statistics, a US government agency, indicated that spending on personal care products and services increased from $771 in 2021 to $866 in 2022, reflecting a 12.3% rise. Thus, the growing demand from the personal care industry is propelling the growth of the citrus seed market.
Companies in the citrus seed market are focused on developing innovative products, such as citrus fibers, to provide excellent functional benefits, including enhanced texture and stability in food products. Citrus fiber is a natural fiber extracted from the pulp and peels of citrus fruits, valued for its functional properties in food and beverage products, such as improving texture, stability, and dietary fiber content. For instance, in January 2023, Fiberstar Inc., a US-based manufacturer of plant-based food ingredients, introduced a new line of Citri-Fi 400 citrus fiber. This fiber, derived as a byproduct of the citrus juice process, combines both insoluble and soluble fibers with native pectin, offering excellent water-holding and emulsification properties for a smooth mouthfeel. This dual function improves the texture, stability, and nutritional value of food and beverage products, even at usage levels below 1%. Citri-Fi 400 is USDA-certified organic, non-allergenic, gluten-free, and free of E-numbers, and it is also recognized as an organic source by the European Union, making it a versatile and sustainable ingredient.
In September 2022, Natural Fruit Company (TNFC), a France-based firm that processes, distributes, and sells citrus fruits, acquired NaturGreen for an undisclosed amount. This acquisition strengthens TNFC's presence in key European markets, reinforcing its position as a leading citrus supplier in France, Poland, and Germany. NaturGreen is a Spain-based company specializing in citrus and stone fruits.
Major companies operating in the citrus seeds market are Louis Dreyfus Company B.V., Dole Food Company Inc., Citrosuco S.A., Sun Pacific Inc., Citrofrut, Yantai North Andre Juice Co. Ltd., Sunkist Growers Inc., Gless Ranch Inc., Sun Orchard LLC, Alico Inc., Brite Leaf Citrus Nursery, Noble Citrus, Southern Citrus Nurseries, Citrusvil S.A., Territorial Seed Company, Greenfield Citrus Nursery, St Mamet, Lyn Citrus Seed Inc., The Wonderful Company LLC, Moora Citrus, FRUITS ROUGES & Co.
North America was the largest region in the citrus seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the citrus seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the citrus seeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The citrus seeds market consists of sales of citrus seed oil, organic seeds, citrus seed supplements, citrus saplings, and citrus rootstock. 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.
Citrus Seeds Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on citrus seeds 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.
Where is the largest and fastest growing market for citrus seeds ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The citrus seeds market global report from the Business Research Company 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 impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.