Press Releases
Key Facts About the Global Orange Extract Market: Read More Below

, 12 February 2019 -- Orange Extract Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Orange extract is defined as the processed form of orange peels, which is used as a food flavorant by enhancing the traditional orange flavour. Orange extract is generally produced from orange essential oil and an adequate amount of alcohol to increase its shelf life. Due to its exotic fragrance, orange extract also finds remunerative applications in the cosmetics and personal care industries, along with food and beverages. Orange extract is a highly concentrated flavorant, which enables its abundant industrial application. However, orange extract is also expected to be used in domestic purposes during the forecast period.

The demand for natural food flavors such as orange extract in China and India is expected to increase during the latter years of the forecast period. This is primarily attributed to the launch of new products with natural ingredients. In Asia Pacific, orange extract is the most preferred flavorant.

Get PDF Sample For More Information @ <a href="

Among the nature segments of the orange extract market, the organic orange extract segment is expected to register the highest growth rate of around 5.8%, owing to increased health awareness among consumers and increased health benefits. However, the conventional orange extract segment had the highest market share in the year 2017, owing to its affordable prices and accessibility.

The demand for fruity flavors such as orange extract in processed food has grown expeditiously, and continues to expand at a considerable rate, globally. There is a growing preference for readymade food (ready-to-eat/ready-to-drink) and snacks, leading to the higher demand for exotic fruit flavoring. The encapsulation of such exotic fruit flavors to existing processed food continues to be one of the key strategies that is being adopted by the leading manufacturers of processed foods to attract consumers, as such, driving the global orange extract market.

Currently, consumers prefer fizzy and flavored drinks, which is expected to escalate the growth of the orange extract market. Due to the adverse health effects of artificial flavors, individuals have opted to switch to drinks that contain natural fruit flavors. Health conscious individuals are showing more interest in plant-based drinks over other carbonated beverages. Also, consumers show a reduced preference for milk-based drinks, owing to various reasons such as lesser shelf life, presence of lactose, ############, etc. This is also a major factor expected to drive the growth of the global orange extract market.

Orange extract production is a labor-intensive process, due to the requirement of a substantial amount of raw materials such as orange pulp and peels to produce minute concentrates, which are then chemically treated with alcohol. This is a major concern for the industry, because the cost of flavoring agents such as orange extract is a crucial indicator of the price of the end product. Therefore, the production advantages offered in developing regions, in terms of low costs and favorable climate, is an important driver for the growth of the market.

The increasing demand for beverages in the regions of Western Europe and Latin America is expected to create vital opportunities for dynamic players in the global orange extract market. The ever-rising demand for Nutraceutical with natural ingredients and flavors is also expected to result in the significant sales of orange extract for processing these products. Key players operating in the orange extract market are expected to leverage this opportunity during the forecast period. Food & beverage companies are highly focusing on research and development activities to enhance the nutritional and multifunctional profile of orange extract, which offer high health benefits.

The growing demand for aromatic essential oil across the world is anticipated to promote wider opportunities for the manufacturers of orange extract. Aromatic oil obtained from the peels of oranges would result in the increased distribution of orange extract to the cosmetic and personal care industries. Hence, the utility of orange extract in these industries is expected to provide greater opportunities during the forecast period.

Bound to all the above driving factors it is anticipated, the global orange extract market would proliferate in terms of value and volume during the forecast period.

# # #

Submitted by amyjames on Tuesday, 12 February 2019 at 5:54 PM
Category: Food & Fashion
Related News

Fruit-derived Sweeteners Market: Demand for Low-Calorie Natural Ingredients to Fuel Growth
Friday, 19 Apr 2019

Palatants Market: Consumption of Pre-Packaged Food Products to Drive Growth
Friday, 19 Apr 2019

Clarified Juice Concentrate Market Globally Expected to Drive Growth through 2028
Friday, 19 Apr 2019

Encapsulated Chocolate Flavor Market: Growing Demand for Nutritional Products to Drive Growth
Friday, 19 Apr 2019

Instant Beverage Premix Market to Reach US$85.80 bn by 2021
Thursday, 18 Apr 2019

Related Events

The Philadelphia All-Star Craft Beer, Wine And Cocktail Festival - May 2019
Saturday, 11 May 2019

European Food Sure Summit, 13th - 14th May 2019, Amsterdam
Monday, 13 May 2019

Healthplex Expo 2019,Natural & Nutraceutical Products China 2019
Wednesday, 19 Jun 2019

FT Weekend Festival
Saturday, 7 Sep 2019

Latest News

Business Printer Market Size, Share, Growth and Forecasts 2019 To 2025
Friday, 19 Apr 2019

Dental implants dentist Irvine, CA | best cosmetic dentist in Orange County, CA
Friday, 19 Apr 2019

Fruit-derived Sweeteners Market: Demand for Low-Calorie Natural Ingredients to Fuel Growth
Friday, 19 Apr 2019

Automotive Films and Sheets Market Size, Share, Growth, Trends and Forecasts 2019 To 2025
Friday, 19 Apr 2019

Automotive Films and Sheets Market Size, Share, Growth, Trends and Forecasts 2019 To 2025
Friday, 19 Apr 2019

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Friday, 19 April 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • The 2nd Middle East Laboratory and Diagnostics Congress
  • Palo Alto Networks: Ultimate Test Drive - Migration Process (MP)
  • The 6th SG-ANZICS Asia Pacific Intensive Care Forum (SG-ANZICS 2019)
  • portable crusher plant with convenient operation
  • Atlanta Trauma Symposium

  • Latest Jobs
    Sorry, there are currently no entries posted here.