Citrus Grandis Fruit Extract industry Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, Application and Geography

MARKET INTRODUCTION

Grapefruit is also known as Citrus paradise / Citrus grandis and is known for its sweet-sour-bitter taste, obtained from cross cultivation of sweet orange and pomelo. The seeds of the fruit are crushed and mixed with several solvents to obtain grapefruit seed extract. Such extract is quite water-soluble and , therfore, increasingly being used in cosmetic preparations. The Citrus grandis (i.e., pomelo) fruit extract is considered as an ideal ingredient which offers a standardized amount of apigenin required in preapration of several cosmetic products. Other than this, it supplies Pomelo (or grapefruit), which is extensively used to manufacture the concentrated apigenin found in dietary supplements.

MARKET DYNAMICS

The citrus grandis fruit extract market has witnessed a significant growth owing to factors such as growth of cosmetic industry. Moreover, the expanding disposable income coupled with shift in consumer lifestyle provides a huge market opportunity for the key players operating in the citrus grandis fruit extract market. However, less consumer knowledge related to citrus grandis fruit extract is projected to hamper the overall growth of the citrus grandis fruit extract market.

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