Market Research Future (Food and Beverages) Orange Extract Market Research Report | Page 3

Orange Extract Market Research Report – Global Forecast till 2023
2 Market Overview
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.
The global orange extract market has been segmented based on form, category, application, and region.
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.
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