LAMEA Citrus Concentrate Market

LAMEA Citrus Concentrate Market Size, Share & Industry Trends Analysis Report By Nature, By Source, By Form (Liquid, and Dry), By Sales Channel, By End-use (Food & Beverages, Pharmaceuticals, Nutraceuticals), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-14309 Publication Date: March-2023 Number of Pages: 91
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Market Report Description

The Latin America, Middle East and Africa Citrus Concentrate Market would witness market growth of 7.3% CAGR during the forecast period (2022-2028).

The Citrus Concentrate is in increasing demand in the juice processing business because it is convenient for storage and shipping. Compared to high temperature and average temperature concentrations, vacuum concentrate may save processing time while maintaining fruit juice quality. The vacuum degree is 94.7Kpa, and the usual temperature for vacuum concentration is 35°C. The product must be pasteurized beforehand to stop microbe development and enzyme activity while the environment is suitable.

Lowering the temperature of fruit juice to the ice point is known as freezing concentration. Fruit juice's water content freezes and separates before the concentration reaches the eutectic point. The concentration of a solution is constrained to a certain range. When solute concentrations are higher than at the eutectic point, they separate as crystals from the supersaturated solution. The water content is sorted out into ice crystals. The fraction of solute increases significantly with the separation of the solvent.

In the Gulf area, 59.4% of pharmaceutical product purchases are made by the Kingdom of Saudi Arabia. The development of the life sciences industry in general, and pharmaceuticals in particular, was strongly encouraged by Saudi Arabia's Vision 2030 and the NTP's priority for job creation and economic diversification. Just 30% of pharmaceutical items are now produced domestically. The main factors influencing the pharmaceutical business are the Kingdom's expanding population, the rise in per capita healthcare expenditure, and the tendency to favor research-based goods over more costly patented items. The strong healthcare and pharma sector will increase the adoption of citrus concentrate to manufacture organic products in the sector and boost the market growth in the LAMEA region.

The Brazil market dominated the LAMEA Citrus Concentrate Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $194.5 million by 2028. The Argentina market is exhibiting a CAGR of 7.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7% during (2022 - 2028).

Based on Nature, the market is segmented into Conventional, and Organic. Based on Source, the market is segmented into Oranges, Tangerines, Lemon & Limes, Grapefruits, and Others. Based on Form, the market is segmented into Liquid, and Dry. Based on Sales Channel, the market is segmented into B2B, and B2C. Based on End-use, the market is segmented into Food & Beverages, Pharmaceuticals, Nutraceuticals, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Citrus Concentrate Market is Projected to reach USD 10.8 Billion by 2028, at a CAGR of 5.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Döhler Gmbh, IPRONA SPA, Louis Dreyfus Company B.V., SunOpta, Inc, Kiril Mischeff Limited, Vinayak Ingredients (INDIA) Pvt. Ltd., Asia Farm F&B Pte Ltd, Citrus Systems, Inc., Prodalim B.V., and El-Marwa Food Industries Co.

Scope of the Study

Market Segments Covered in the Report:

By Nature

  • Conventional
  • Organic

By Source

  • Oranges
  • Tangerines
  • Lemon & Limes
  • Grapefruits
  • Others

By Form

  • Liquid
  • Dry

By Sales Channel

  • B2B
  • B2C

By End User

  • Food & Beverages
  • Pharmaceuticals
  • Nutraceuticals
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Döhler Gmbh
  • IPRONA SPA
  • Louis Dreyfus Company B.V.
  • SunOpta, Inc
  • Kiril Mischeff Limited
  • Vinayak Ingredients (INDIA) Pvt. Ltd.
  • Asia Farm F&B Pte Ltd
  • Citrus Systems, Inc.
  • Prodalim B.V.
  • El-Marwa Food Industries Co.
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