Global Citrus Extract Market Size, Trends & Growth Opportunity, By Nature (Organic, and Conventional), By Product (Orange, Lime, Lemon, Grapefruit, and Others), By Application (Carbonated Soft Drinks, Fruit Beverages, Bottled Water, Functional Beverages, Sport Drinks, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Citrus Extract Market 
Global Citrus Extract Market was valued at USD 6.51 billion in 2021 and is expected to reach USD 9.95 billion by 2027, at a CAGR 4.05% from 2022-2027.
Citrus is extracted from various kinds of citrus fruits like orange, lime, grapes, lemon, and others. Citrus extract is strongly flavoured and it is widely used in sausages, dairy products, bakery, confectionery, smoothies, shakes, tea, and other several products. Citrus acts as a natural flavouring agent which is useful in production of cakes & pastries, chocolates, candies, and many alcoholic beverages.
Market Drivers
Increasing demand for natural extract in various food & beverage products with higher nutritional value is considered as a driving factor which is expected to propel the global citrus extract market growth. Also, rising consumer inclination towards natural food ingredients because of its immense health benefits will have a positive impact on the market growth.  Moreover, growing disposable income will fuel the market growth by 2027.
Further, rising demand for citrus extract because of its applications such as weight loss management, hair & skin care, pharmaceuticals, and immunity boost will drive the market growth during the forecast period.
Market Restraints
The restraining factor for the market is that some organizations do not collaborate with service providers and they do not take advantage of digitalization. As they do not have awareness of the same, this factor is expected to obstruct the citrus extract market growth.
Market Segmentation
The Global Citrus Extract Market is segmented into: nature, product, application, and region.
Based on the product segment, the global citrus extract orange market is segmented into orange, lime, lemon, grapefruit, and others. Orange segment dominated the market and accounted for the largest revenue share in 2021. This is attributed to oranges being a rich source of vitamins & minerals.
Regional Analysis
The Global Citrus Extract Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
The North American region is expected to dominate the global citrus extract market. The U.S. is the largest consumer of citrus extracts in North America. The market is expected to grow significantly owing to the increasing demand for natural flavouring and fragrance agents in carbonated soft drinks, fruit beverages, sports & energy drinks, foods, and confectionery because of the increasingly health-conscious population.
Key Players
Various key players are discussed into the Global Citrus Extract Market Report including: Mountain Rose Inc., The Lebermuth Co. Inc., Young Living Essential Oils LC, Symrise AG, Citromax Flavors Inc, doTERRA International, LLC., doTERRA International, LLC., CRODAROM SA, Green Che, Citrus Extracts LLC., OliveNation, and Others.
Market Taxonomy
By Nature
•        Organic
•        Conventional
By Product
•        Orange
•        Lime
•        Lemon
•        Grapefruit
•        Others
By Application
•        Carbonated Soft Drinks
•        Fruit Beverages
•        Bottled Water
•        Functional Beverages
•        Sport Drinks
•        Others
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Citrus Extract Market TOC:
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Citrus Extract Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Citrus Extract Market, By Nature
5.1 Y-o-Y Growth Comparison, By Nature 
5.2 Global Citrus Extract Market Share Analysis, By Nature 
5.3 Global Citrus Extract Market Size and Forecast, By Nature
5.3.1 Organic
5.3.2 Conventional 
6 Global Citrus Extract Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Citrus Extract Market Share Analysis, By Product
6.3 Global Citrus Extract Market Size and Forecast, By Product
6.3.1 Orange
6.3.2 Lime
6.3.3 Grapefruit
6.3.4 Others
7 Global Citrus Extract Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Citrus Extract Market Share Analysis, By Application
7.3 Global Citrus Extract Market Size and Forecast, By Application
7.3.1 Carbonated Soft drink
7.3.2 Fruit Beverages
7.3.3 Bottled Water
7.3.4 Functional Beverages
7.3.5 Sport Drinks
7.3.6 Others
8 Global Citrus Extract Market, By Region
8.1 Global Citrus Extract Market Share Analysis, By Region
8.2 Global Citrus Extract Market Share Analysis, By Region
8.3 Global Citrus Extract Market Size and Forecast, By Region
9 North America Citrus Extract Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Citrus Extract Market Share Analysis, By Nature
9.3 North America Citrus Extract Market Size and Forecast, By Product
9.4 North America Citrus Extract Market Size and Forecast, By Application
9.5 North America Citrus Extract Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Citrus Extract Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Citrus Extract Market Share Analysis, By Nature 
10.3 Europe Citrus Extract Market Size and Forecast, By Product 
10.4 Europe Citrus Extract Market Size and Forecast, By Application
10.5 Europe Citrus Extract Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Citrus Extract Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Citrus Extract Market Share Analysis, By Nature 
11.3 Asia Pacific Citrus Extract Market Size and Forecast, By Product 
11.4 Asia Pacific Citrus Extract Market Size and Forecast, By Application
11.5 Asia Pacific Citrus Extract Market Size and Forecast, By Country
11.5.1 China 
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Citrus Extract Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Citrus Extract Market Share Analysis, By Nature 
12.3 Latin America Citrus Extract Market Size and Forecast, By Product 
12.4 Latin America Citrus Extract Market Size and Forecast, By Application
12.5 Latin America Citrus Extract Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Citrus Extract Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Citrus Extract Market Share Analysis, By Nature 
13.3 Middle East Citrus Extract Market Size and Forecast, By Product 
13.4 Middle East Citrus Extract Market Size and Forecast, By Application
13.5 Middle East Citrus Extract Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Mountain Rose Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 The Lebermuth Co. Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Young Living Essential Oils LC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Symrise AG
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Citromax Flavors Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 doTERRA International, LLC
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 CRODAROM SA
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies 
15.8 Green Che
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Citrus Extracts LLC.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 OliveNation
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies