Ocean View, DE -- (SBWIRE) -- 04/02/2020 -- Expanding food & beverage segments including bakery items, dairy products, fruit beverages accompanied by necessity to increase the nutrition content of the products will fuel the citrus based dietary fibers market revenue. Presence of flavonoids, carotene, and polyphenols in citrus based dietary products is expected to flourish the market development. Improved economics owing to cost effectiveness of the product is amid the key factors positively influencing the industry expansion.

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Company Profiles
1. Genencor, A Danisco Division
2. Cargill
3. Quadra Chemicals
4. CP Kelco
5. CEAMSA
6. Fiberstar, Inc.
7. Triphase Pharmaceuticals P.Ltd.
8. Herbstreith & Fox KG Pektin-Fabriken
9. Yantai Andre Pectin Co., Ltd.
10. Reinert Gruppe Ingredients
11. Nans Products

Citrus based dietary fibers market from bakery application is anticipated to grow at over 5% during the forecasted timeframe. Increasing product adoption in refrigerated bakery products owing to enhanced shelf life and improved quality will supplement the business growth. Expanding usage as fat replacers in cookies, cakes & pastries during manufacturing process will fuel the industry development. High water binding capacity is one of the key properties augmenting the product demand from this segment.
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Food grade applications accounted for a dominating share in the global citrus based dietary fibers market. Water retention, improved meat quality & texture are among the key factors for increasing usage in meat, fish & savoury application. Favorable government policies towards improving the nutrition content of food including dairy, meat, fruit beverages, confectionery, and fruit preserves will create substantial growth.
Europe citrus based dietary fibers market is estimated to witness CAGR at over 6% up to 2024. Rising demand for packaged & ready-to-eat foods along with increasing health consciousness will boost the industry growth through food applications. Europe is among the leading bakery market globally. The German bakery accounts for the largest share in the European industry and was valued over USD 15 billion in 2016.

Apart from the traditional use of pectin to produce the thick, spreadable characteristic of jams, jellies and other food, the substance has been greatly accepted by medical communities for treating diabetes, high cholesterol and triglycerides. These advantages are in addition to the solubility of the fiber which helps to regulate digestion and is one of reasons due to which daily consumption of pectin-containing fruits is recommended. The citrus based dietary fibers industry has indeed garnered considerable traction on account of research institutes attempting to develop better treatment alternatives for diabetes patients. Scientists have pointed out that pectin assists in slowing down the absorption of sugars and carbs, preventing blood sugar spikes that elevate glucose intolerance and diabetes.

Reliable data shows that in 2014, the number of people worldwide who had diabetes had reached 422 million, whereas in 2015 about 1.6 million deaths were directly attribute to the disease. Diabetes is a leading cause of heart attacks, kidney failure, blindness and limp amputation, and helping to treat the same is certain to boost the citrus based dietary fibers market share from pharmaceutical applications. Further, studies have revealed that pectin, which is known to be water soluble, binds cholesterol in the gut and does not allow its absorption into the bloodstream. With drug manufacturers looking to incorporate pectin sourced from fruits and vegetables into medications for lowering cholesterol, the citrus based dietary fibers industry is set to witness augmented demand in the coming years.

The American Cancer Society has estimated that in 2018, about 97,220 new cases of colon cancer will be reported in the U.S. Presenting an innovative headway for the growth of the citrus based dietary fibers market, the development of the curcumin-based delivery system for colon cancer will be achieved by having an admixture of curcumin, pectin and chitosan weaved into nanoparticles. The nanoparticles are capable of recognizing colon cancer cells and can penetrate the cancer tissue, carrying the curcumin mixture along. As per the study, modified citrus pectin has anticancer properties and will assist in reinforcing the effects of curcumin.

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The global citrus based dietary fibers industry size from pectin was pegged at a remarkable USD 850 million in 2017, and is expected to garner substantial remuneration ahead, primarily driven by the product's demand from pharmaceutical applications. The use of food grade pectin in dietary supplements for weight loss, in food items for providing quality texture and in dairy products will further propel the citrus based dietary fibers industry share, slated to cross USD 1.5 billion by 2024.