Market Size of Citrus Fruit Coatings Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 6.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
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Citrus Fruit Coatings Market Analysis
The citrus fruit coatings market is projected to grow at a CAGR of 6.6% during the forecast period (2020-2025).
- The growing consumption of citrus fruits in the globally is augmenting the citrus fruit coatings market to enhance the shelf life of the fruit.
- North America and Asia-Pacific are the leading regions driving the market. United States based players such as John Bean Technologies (JBT) provides wide range of premium hybrid coatings for citrus that maximises packer value in the domestic and export markets. Thereby, boosting the use in domestic as well as international market.