dristijadhav (1)

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• Coherent Market Insights
• Market Research and Business Consulting Services
• https//www.coherentmarketinsights.com/
• COVID-19 Impact Tracker

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GRAPEFRUIT MARKET ANALYSIS

• Grapefruit Market, by Variety (Red/ Pink, and
  White), by Consumption (Direct Intake, Grapefruit
  Oil Processing, Grapefruit Juice Production,
  Grapefruit Extracts Production, and Others), by
  Distribution Channel (Business to Business and
  Business to Consumers), and by Region (North
  America, Latin America, Asia Pacific, Europe,
  Middle East, and Africa) - Size, Share, Outlook,
  and Opportunity Analysis, 2019 - 2027

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• The grapefruit market was valued at US 7,939.7
  Mn in 2018 and is expected to reach US 11,005.7
  Mn by 2027, exhibiting a CAGR of 3.8 over the
  forecast period (2019 to 2027).
• Drivers
• Various health benefits associated with the
  consumption of grapefruit is expected to boost
  demand for grapefruit during the forecast period.
  Grapefruit is a rich source of nutrients such as
  vitamins, minerals, and antioxidants. Apart from
  nutritional content, intake of grapefruit has
  various health benefits such as it lowers the
  risk of kidney stone, type 2 diabetes, and
  improves blood pressure and lipid levels in the
  blood.
• Furthermore, increasing demand for grapefruit
  from end-use industries such as food beverages,
  among others is expected to fuel growth of the
  grapefruit market over the forecast period. For
  instance, in the food and beverages industry,
  grapefruit is used in salads, smoothies, yoghurt
  loaf, and others owing to various nutrients
  content in grapefruit such as vitamin C,
  beta-carotene and others. These factors are
  expected to propel demand for grapefruit over the
  forecast period.

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Figure 1. Global Grapefruit Market Share (), By
Region, 2018
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• Market Restraints
• However, stringent government regulations for
  consumption of grapefruit by human is expected to
  restrain growth of the grapefruit market over the
  forecast period. For instance, according to the
  U.S. Food Drug Administrations CPG Sec 510.700
  Fortification of Standardized Juices, the
  grapefruit juice-based products are supposed to
  be manufactured as per the standard of identity
  for the unfortified juice and cannot be
  manufactured as per manufacturers product
  requirement.
• Market Opportunities
• Key players are focusing on new product launches
  associated with grapefruit extracts, which is
  expected to fuel the market growth over the
  forecast period. These product launches are
  expected to help the vendors in expanding their
  product portfolio and thereby gain a larger
  customer base in the market. For instance, in
  September 2017, DrinkStar GmbH, a subsidiary of
  Symrise AG, launched grapefruit flavor in its
  lemonade brand, DIET. Furthermore, in October
  2018, DrinkStar GmbH launched its new brand
  Fruit-Cola mix. The product is available in 14
  flavors including grapefruit.

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Market Trends/Key Takeaways The increasing
adoption of grapefruit for manufacturing
nutraceuticals is expected to propel the global
grapefruit market growth over the forecast
period. Grapefruit is one of the important
members of the Rutaceae family (citrus family).
The grapefruit peel have high nutrient content
and these peels are source of dietary fibers. In
addition, doctors advice to maintain a threshold
limit of fiber in diet for proper functioning of
digestive system. Moreover, consumers are
becoming health conscious and are inclining
towards consumption of natural and healthy
ingredients, which is expected to drive demand
for grapefruit in the manufacture of
nutraceuticals. For instance, according to
Coherent Market Insights analysis, the U.S.
nutraceutical ingredients market was valued at
US 5.83 Bn in 2016 and is estimated to increase
to US 10.70 Bn by 2025, exhibiting a CAGR of
7.42 during the forecast period (2017-2025).
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Figure 2. Global Grapefruit Market Share (), By
Variety, 2018
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On the basis on variety, red/ pink segment
accounted for the largest revenue share of 80.6
in terms of value in 2018, followed by white
segment.
Competitive Section
Company Names
Bontoux SAS
Citrus and Allied Essences Ltd.
doTERRA International, LLC
Eckes Granini Group
Hale Groves
Hyatt Fruit Company
IMG Citrus
Lionel Hitchen Limited
Mountain Rose Herbs
Symrise AG
Young Living Essential Oils
Recent Developments
Citrus and Allied Essences Ltd.
In 2016, the company expanded their distribution
network by holding inventories in South Korea.
Moreover, the company has warehouses in Maryland,
California, Mexico, and the Netherlands.
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• Reference https//www.coherentmarketinsights.com/
  market-insight/grapefruit-market-3622

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