November 22, 2019

Citrus Fiber Market Scenario Highlighting Major Drivers & Trends, 2018-2028

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Citrus Fiber market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

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The Citrus Fiber market study outlines the key regions - North America , Latin America, Europe and Japan – alongwith the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are player Fiberstar Inc., Compañía Española de Algas Marinas S.A. (CEAMSA)Herbafood, Florida Food Products, Cargill, Inc, Quadra Chemicals, Naturex, Herbstreith & Fox.

The Citrus Fiber market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing Citrus Fiber?

• How does the global Citrus Fiber market looks like in the next five years?

• Which end use industry is expected to surpass segment by the end of 2028?

• What innovative products are being introduced by the players in the global Citrus Fiber market?

• Which regions are showing the fastest market growth?

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Key Developments

Fiberstar Inc., a Brazilian manufacturer of citrus fiber, recently launched Citri-Fi® 150 – an innovative citrus fiber for pet food products. The company has entered the pet food segment with the launch of Citri-Fi to further expand its portfolio of citrus fiber product offerings. Cargill Inc., recently acquired animal feed business of Southern States Cooperative Inc. – a U.S.-based farm supply retailer. This may translate into Cargill’s plan to enter the pet food industry to gain a competitive edge in the citrus fiber market.

Cargill also announced that it entered a strategic agreement with Gillco Ingredients, wholesale distributor for organic and non-GMO ingredients, to further expand its network of citrus fiber distributors across the U.S. Other stakeholders, such as DuPont and Ceamsa, in the citrus fiber market are aiming to leverage the trend of healthy eating to boost the sales of citrus fiber and gain momentum in the citrus fiber market in the upcoming years.

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Crucial insights in the Citrus Fiber market research:

• Underlying macro- and microeconomic factors impacting the growth of the Citrus Fiber market.

• Basic overview of the Citrus Fiber, including market definition, classification, and applications.

• Scrutinization of each Citrus Fiber market player based on mergers & acquisitions, R&D projects, and product launches.

• Adoption trend of Citrus Fiber across various industries.

• Important regions and countries offering lucrative opportunities to Citrus Fiber market stakeholders.

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