Citrus Aurantium Extract Market Size - By Application (Essential Oil, Appetite Suppressant, Weight Loss Aid), End-use (Pharmaceutical, Food, Personal Care), Growth Drivers, Regional Insights & Global Forecast, 2023 - 2032

Citrus Aurantium Extract Market Size - By Application (Essential Oil, Appetite Suppressant, Weight Loss Aid), End-use (Pharmaceutical, Food, Personal Care), Growth Drivers, Regional Insights & Global Forecast, 2023 - 2032

Citrus Aurantium Extract Market size is poised to record 3.6% CAGR from 2023-2032, driven by rising focus on innovative formulations and combinations of ingredients for enhancing the benefits of dietary supplements and other products.

The ongoing scientific research on safety and efficacy is leading to the growing interest for citrus aurantium extract and its compounds, such as synephrine in nutrition, pharmacology, and dietary supplements. For instance, in September 2022, a group of researchers conducted a study that highlighted the importance of synephrine in promoting weight loss. The surging number of product developments propelled by the changing consumer perception will also prove favorable for the market expansion in the forecast period.

The citrus aurantium extract industry is segmented based on application, end-use, and region.

In terms of application, the market value from the weight loss aid segment will witness significant expansion through 2032. Owing to the presence of synephrine and its thermogenic properties, citrus aurantium extract helps to increase the body's metabolic rate to render greater calorie expenditure and potentially support weight loss. Increasing demand for providing temporary boost in energy and alertness to enhance physical performance and easing physical activity and exercise will also add to the segment expansion.

With respect to end-use, the citrus aurantium extract industry from the food segment is expected to proliferate up to 2032 driven by growing incorporation in fruit juices, soft drinks, and alcoholic beverages. The rising intake of baking and confectionery products is pushing the adoption of citrus aurantium extract to infuse a citrus twist in baking applications, such as cakes, cookies, and pastries. Surging preference for zesty and slightly bitter taste in desserts, sauces, marinades, and beverages will anchor the product demand.

Regionally, Europe citrus aurantium extract market size is expected to witness substantial growth through 2032. The rising intake of weight management and dietary supplements has made way for the growing interest in natural as well as herbal alternatives to traditional weight loss products. The fast-growing sports nutrition industry is also driving the demand for citrus aurantium extract to render potential performance-enhancing effects as well as thermogenic properties. The stringent regulations enforced by European Union (EU) on health claims and for food and dietary supplements will also accelerate the regional industry growth.