Citrus Bioflavonoids Market:
Introduction
A recent study published by Transparency Market
Research on the citrus bioflavonoids market includes global industry
analysis and opportunity assessment for 2020-2030. Revenue
generated from the global citrus bioflavonoids market was valued at ~US$ 1
Bn in 2020, which is estimated to rise at a CAGR of ~6.2%, to
reach ~US$ 2 Bn by 2030.
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Easy Availability of Raw
Materials for Citrus Bioflavonoids Attracts Various Manufacturers
Citrus bioflavonoids are naturally occurring
compounds. These are the pigment part of any fruit and the reason behind many
health benefits of citrus fruit. Due to different properties that a
bioflavonoid exhibits, it is considered to be beneficial for heart, brain,
reducing the chances of asthma or cancer. This is the main and the most highlighted
reason that is anticipated to drive the market for citrus bioflavonoids.
Citrus bioflavonoids are easily available in pulp
and white core that runs through the center of citrus fruits. Some of the
citrus fruits that have sufficient amount of bioflavonoids are oranges,
grapefruit, lime, lemon. Among them, only four species are true citrus, which
are pomelo, citron, mandarin, and papeda, while others such as grapefruit, lime
and lemons are hybrid. They get easily adapted to different environments and
are cultivated in tropical and subtropical parts of the earth. With their major
production in Spain, Brazil, China, the U.S., Mexico, and India.
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Ensuring Better Nutrition in
Packaged and Convenience Products
The rising demand for packaged and easy-to-carry
food among consumers, owing to their busy lifestyles drives the market for
citrus bioflavonoids, as they are usually used as functional ingredients in
many food & beverages products to increase their nutritional value.
Moreover, citrus bioflavonoids are used in various non-alcoholic and
ready-to-drink products.
Citrus bioflavonoids have large and potentially
strong impact on the human health and help them by improving their immune
system, improving Vitamin C level in the body, nutraceutical value of citrus
bioflavonoids helps maintain healthy heart and decreases the chances of
cardiovascular, kidney-related diseases. Citrus bioflavonoids also protect
brain by preventing breakdown of cells in the nervous system, which is the main
cause of Parkinson's and Alzheimer's diseases. These help in boosting the brain
functions in adults. They have very high amount of fiber that improves the
digestive health. Apart from this, citrus bioflavonoids also have
anti-inflammatory and antioxidant properties helps preventing cancer. Hence,
the demand for such products in food & beverages industry is increasing,
owing to changing lifestyles and eating patterns of consumers across the globe.
Applications in Waste Management
Large amounts of waste produced consists of fruits
and vegetable waste; some are utilized wisely to produce organic fertilizers
whereas others add up to the general waste increasing the diseases caused by
the garbage. Citrus bioflavonoids are present in large amount in the citrus
peel as well as in the white part of the fruit apart from the pulp, which is
generally discarded and adds into the waste product. Recycling these waste
products for use as fertilizers can help the market can traction in the coming
years.
Impact of COVID-19: Citrus
Bioflavonoids Market
Citrus fruits are enriched with vitamin C, and
vitamin C and maintain proper functioning of the immune system. As the novel
coronavirus affects easily individuals with weak immune system; hence, vitamin
C-based products are a better option to improve immunity. Citrus bioflavonoids
are widely used in the food & beverages industry, as it has high fiber
content that maintains a healthy digestive system. Apart from the food &
beverages industry, the citrus bioflavonoids are also used in pharmaceuticals
and nutraceuticals for the production of various health/dietary supplements.
Moreover, citrus bioflavonoids are also used in animal feed industries and
waste management that shows its wider applications. Due to the outbreak of
COVID-19, the global industries are facing major challenges. In order to
prevent the spread of the pandemic, the complete lockdown enforced by the
governments of countries across the globe has adversely affected the supply
chain of many corporations and citrus bioflavonoids industry is not untouched
by it.
