Orange extract is derived from various types such as blood
orange, bitter orange, and mandarin orange. Orange extract is made from the oil
in the orange rind, water, and alcohol. The extract offers a stronger orange
taste than juice, and gives a fresh, clean, fruity, citrus taste. Extraction
can be carried out through several conventional methods such as steam distillation
and solvent extraction. Novel methods such as supercritical fluid extraction
and turbo distillation are also used for orange extraction. Conventional
methods offer the benefit of simplicity and cost-effectiveness, although the
yield is low as compared to the new methods. Orange extract is a rich source of
vitamins including C, B1, B2, B3, B5, and B6, flavonoids, terpenes, potassium,
and calcium, while orange power is a good source of dietary fiber.
Additionally, orange peel oil offers a light, sweet, and fresh top note with
fruity and aldehydic character and is used extensively in the food industry,
primarily as a flavoring agent.
Orange
Extract Market Analysis
The global orange extract market has been segmented based on
form, category, application, and region.
Based on form, the global orange extract market has been
segmented into powder and liquid. The liquid segment is expected to dominate
the global orange extract market during the forecast period. Orange extract is
obtained from both the peel as well as pulp of oranges. The powder form is
generally obtained from orange peels and is gaining traction owing its
application in the production of bath scrubs, face masks, hair products, air
fresheners, lip balms, and mosquito repellant, among others.
By application, the global orange extract market has been
divided into food & beverage, personal care products, pharmaceuticals, and
others. The food & beverage segment is expected to dominate the market in
2017 and grow at the fastest rate during the forecast period. The growing use
of orange extract to add flavor to confectionery and bakery products, sherbets,
and ices is driving the growth of the segment. Furthermore, orange oil extract
aids in the prevention and treatment of skin diseases, acne, and stomach ache.
Regional Analysis
The global orange extract market has been segmented, by
region, into North America, Europe, Asia-Pacific, and the rest of the world.
The orange extract market in Asia-Pacific is projected to
dominate during the forecast period. It is also expected to grow at the fastest
rate from 2018 to 2023. Orange extract is increasingly being used in several
industries to process a variety of products ranging from snacks to anti-aging
creams. Advancements in agricultural practices and the introduction of several
consumer products infused with orange extract are expected to be major drivers
for the growth of the Asia-Pacific market during the forecast
period.
Key Players
Some of the key players in the global orange extract market
are Döhler GmbH (Germany), RC Fine Foods, Inc. (US), McCormick & Company,
Inc. (US), Nielsen-Massey Vanillas, Inc. (US), Kerry Group Plc. (Ireland),
Nutrizo Advancis Health Care (India), Cook Flavoring Company (US), Southern
Flavoring Company, Inc. (US), Nature’s Sunshine Products, Inc. (Canada), and
Spice Jungle, LCC (US).
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