Citrus Aurantium Extract Market Report 2024

This Citrus Aurantium Extract market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The citrus aurantium extract market size has grown strongly in recent years. It will grow from $3.41 billion in 2023 to $3.62 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to the expansion of the functional food and beverage industry, the growth of the dietary supplement industry, the increasing popularity of traditional medicines, the rising demand for natural flavoring agents, and the growing interest in functional foods.

The citrus aurantium extract market size is expected to see strong growth in the next few years. It will grow to $4.7 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to the increasing consumer preference for natural and plant-based health supplements, greater awareness of health benefits, the rising prevalence of obesity, growing demand for natural ingredients in food and beverages, and increased research and development activities. Key trends during this period include technological advancements, eco-friendly production practices, the use of aromatherapy, natural flavoring agents, and botanical extracts.

The growing prevalence of obesity is expected to drive the expansion of the citrus aurantium extract market. Obesity, characterized by excessive body fat accumulation, poses significant health risks such as heart disease, diabetes, and hypertension. Contributing factors include excessive food intake, insufficient physical activity, calorie imbalances, metabolic disorders, certain medications, and genetic predispositions. Citrus aurantium extract is used in weight loss supplements primarily due to its active component, synephrine, which is believed to aid in appetite suppression, boost metabolism, and enhance fat burning. For instance, in March 2022, the World Health Organization (WHO) reported that approximately 1.02 billion people were living with obesity in 2022, with the number projected to reach 1.19 billion by 2025. This rising prevalence of obesity is likely to propel the demand for citrus aurantium extract.

Leading companies in the citrus aurantium extract market are focusing on developing innovative products, such as standardized extracts, to secure a competitive edge. Standardized extracts ensure consistent levels of active ingredients, enhancing product reliability for consumers. For example, in 2022, Solgar Inc., a U.S.-based health nutrition company, launched a new line of Citrus aurantium extract supplements. These products guarantee a specific p-synephrine content, essential for appetite suppression and metabolic support, and are sourced from non-GMO ingredients. Additionally, the supplements are designed for improved absorption, catering to the increasing consumer demand for effective weight management solutions. This trend highlights the industry's move towards transparency and quality assurance in herbal supplements, addressing safety concerns and promoting natural health benefits.

In February 2022, SuanFarma, a Spain-based provider of natural extracts and botanical ingredients, acquired Monteloeder for an undisclosed amount. This acquisition aims to enhance Suanfarma's portfolio in the nutraceutical sector by integrating innovative natural ingredients and strengthening its market position. Monteloeder S.L., a Spain-based, specializes in manufacturing dietary supplements and natural ingredients, including citrus aurantium extract.

Major companies operating in the citrus aurantium extract market are Innophos Inc., Synthite Industries Ltd., Kalsec Inc., Bio Biotinica, BI Nutraceuticals, Sabinsa Corporation, Organic Herb Inc., Layn Natural Ingredients Corp., Naturalin Bio-Resources Co. Ltd., Chengdu Hawk Bio-Engineering Co. Ltd., Martin Bauer Group, Chengdu Chenlv Herb Co. Ltd., Amax NutraSource Inc., Jianhe Biotech Co. Ltd., Nutra Green Biotechnology Co. Ltd., Hangzhou Greensky Biological Tech Co. Ltd., Herbal Creations, Hunan Huachang Chemical Co. Ltd., Merlion Naturals, Ningbo J&S Botanics Inc., Nutramed Scientific, Pharmactive Biotech Products SL.

North America was the largest region in the global citrus aurantium extract market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the citrus aurantium extract market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the citrus aurantium extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Citrus aurantium extract is obtained from the bitter orange fruit and contains active compounds like synephrine, known for their medicinal and therapeutic properties. It is frequently used in weight loss supplements, appetite suppressants, and traditional medicines. The extract can have stimulant effects and may interact with other medications or conditions, so it is advisable to use it under the supervision of a healthcare professional.

The main types of Citrus aurantium extract include crude extracts and standardized extracts. Crude extracts are minimally processed and preserve a mixture of the plant's natural compounds in their original proportions. These are often used in traditional medicine and natural health products due to their broad range of bioactive components. The various applications include essential oils, appetite suppressants, weight loss aids, and others, with use across multiple sectors such as pharmaceuticals, food, personal care, and more.

The citrus aurantium extract market research report is one of a series of new reports that provides citrus aurantium extract market statistics, including citrus aurantium extract industry global market size, regional shares, competitors with a citrus aurantium extract market share, detailed citrus aurantium extract market segments, market trends, and opportunities, and any further data you may need to thrive in the citrus aurantium extract industry. This citrus aurantium extract research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The citrus aurantium extract market consists of sales of dietary supplements, cosmetics and skincare products, food and beverage additives, and herbal remedies. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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