Citrus Seeds Market Size Worth $8.3 Billion By 2032 | CAGR: 6.8%

The global citrus seeds market size is expected to reach USD 8.30 billion by 2032, according to a new study by Polaris Market Research. The report “Citrus Seeds Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Application (Animal Feed, Oil Extraction, Dietary Supplements, Personal Care and Cosmetics, Household/Retail, Others); By Sales Channel; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Cosmetic industry has witnessed a growing demand for natural and sustainable ingredients. Citrus seeds offer natural and plant-based components that align with consumer preferences for clean and eco-friendly cosmetics. As a result, several businesses are widely focusing on development of citrus seed in cosmetic industry. For example, as per the he reviews published in March 2022, Citrus fruit waste, which makes up over half of the fresh fruit mass, can be used in a variety of cosmetic products, including as body lotions, sprays, and lotions for the skin.  

Due to their bioactive ingredients, citrus fruit peel and seeds from industrial processing can be employed in a variety of active skin care formulations, but researchers note that in order to scale up utilization, circular industrial frameworks must be further developed. The use of citrus seeds as ingredients in cosmetic formulations helps meet the demand for natural and sustainable beauty products, driving the growth of the market.

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Consumers are becoming more health-conscious and seeking products that offer nutritional benefits. For instance, in accordance with the data published in April 2023, over 93% of people claim to feel pressured to eat healthily at least occasionally, 63% of people claim to try to eat healthily most, if not always. Healthfulness is a significant influencing factor for 64% of consumers when making food and beverage purchases. Citrus seeds are rich in nutrients, including fiber, vitamins, and antioxidants, making them attractive for use in dietary supplements, functional foods, and beverages. This factor is contributing the market by bringing more revenue.

Citrus Seeds Market Report Highlights

• Organic segment is anticipated to record the largest market share in the year of 2022 due to growing consumer preference for organic products
• Oil extraction application is expected to garner the largest revenue in the global market due to its versatility and wide range of applications
• Direct or B2B channel segment is bringing largest market share of the global revenue in the fiscal year of 2022 as it offers customized solutions and value-added services
• APAC expected to grow at the fastest rate, owing to huge presence of huge population, seeking healthy lifestyle
• North America held the largest share as of 2022 and remain a lucrative market for citrus seed due to growing advancements and presence of many players
• The global citrus seeds market involves Louis Dreyfus Company, Parchem Trading, Vita-Pakt Citrus Products, Sucocitrico Cutrale, Panteley Toshev, and Lemon Concentrate

Polaris Market Research has segmented the Citrus Seeds market report based on nature, application, sales channel, and region:

Citrus Seeds, Nature Outlook (Revenue - USD Billion, 2019-2032)

• Organic
• Conventional

Citrus Seeds, Application Outlook (Revenue - USD Billion, 2019-2032)

• Animal Feed
• Oil Extraction
• Dietary Supplements
• Personal Care and Cosmetics
• Household/Retail
• Others

Citrus Seeds, Sales Channel Outlook (Revenue - USD Billion, 2019-2032)

• Direct/B2B
• Modern Trade
• Specialty Store
• Online Retailers
• Other Sales Channels

Citrus Seeds, Regional Outlook (Revenue - USD Billion, 2019-2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Citrus Seeds Market Report Scope