The increasing concerns among health-conscious consumers towards the need to enhance the nutritional value of the food has boosted citrus based dietary fibers market, in conjunction with the observed rise in consumer disposable income. Higher incidences of obesity-led diseases across the globe such as cardiovascular diseases, liver and kidney dysfunction, and diabetes has encouraged the need to opt for healthier food choices like fruit beverages.
A wide range of benefits like thickening, gelling, moisture-enhancing, and water-binding characteristics of dietary fibers substances has supported the use of the ingredients in meat, confectioneries, and jams. One of the main factors supporting the demand for the compounds include the increase in employment levels in both developed as well as developed economies and the consequent need for ready-to-go. easily available, processed drinks and food.
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The food and drink manufacturing sector in the UK contributes approximately USD 39 billion to the economy each year and is a key part of the country’s ‘farm to fork’ food chain. Urbanization supported by the constant change in the consumer’s taste preference has supplemented the growth in the food and beverage sector, further supporting the adoption of citrus based dietary fibers. Global citrus based dietary fibers industry size is expected to cross USD 1.5 billion in value by 2024.
Key bakery applications
The product finds extensive application in bakery food items to hold the water tightly and enhance the texture of oil and egg, elongating the shelf life of the goods. Extensive use of fat replacers will support the demand for the ingredients across the baking industry.
The wide availability of bakery products in various flavors has supported its demand worldwide. In the year 2020, the UK bakery market was valued at USD 5.40 billion and is one of the largest sectors of the UK food sector.
It is worth noting that health benefits of the fibers such as anxiety reduction, stress relief, and enhanced skin tone has found its way into the burgeoning cosmetic and pharmaceutical industry. An improvement in heart health, prevention from constipation along with the lowered possibility of kidney stone occurrence will support the demand for citrus based dietary fibers.
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Use of pectin in medication
Pectin is widely being used in various medicines and research studies to treat various ailments. the developments in healthcare sector meant to develop effective therapeutic medicines and drug delivery systems is likely to supplement growth in the global citrus based dietary fibers market.
The pharmaceutical sector has emerged as one of the strongest wing of the economy with the growing need for reliable and effective medication. In the year 2019, North America was responsible for 48.7% of global pharmaceutical sales.
Pectin has been greatly accepted by the medical communities to treat triglycerides, high cholesterol, and diabetes. These advantages are in addition to the solubility of the fiber that helps in regulating digestion and is one of the main reasons supporting the daily consumption of pectin-containing fruits.
Studies also indicate that the use of pectin helps in reducing the absorption of sugars and carbs further preventing blood sugar spikes that remove glucose intolerance and diabetes. As per a report by CDC, nearly 34.2 million Americans had diabetes in 2020. A leading cause of heart attacks, kidney failure, and blindness, there is a growing need for strong and reliable medication supporting the demand for pectin.
Regionally speaking, Europe has emerged as a profitable revenue pocket for citrus-based dietary fibers. Growing health consciousness among people in the region along with health consciousness has driven the consumption of nutritious food. The high consumption of meat in the region has pushed the use of citrus-based dietary fiber as it enhances water retention, gelation, and texture. In 2020, the per capita consumption of meat in Germany was recorded at 57.3 kilograms.The extensive use in dairy, fruit beverages. meat, bakery, fish, and pharmaceuticals, the global citrus based dietary fibers market is slated to record substantial growth in the forthcoming years.
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