Citrus Fruit Coatings Market Size, Share, Growth, And Industry Analysis, By Type (Wax, Shellac, Wax and shellac), By Application (Household, Commercial), Regional Forecast By 2031

Updated On: 15 April 2024

Citrus Fruit Coatings Market Report Overview

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The global citrus fruit coatings market size was USD 212.57 million in 2022, as per our research, the market is expected to reach USD 402.81 million in 2031, exhibiting a CAGR of 7.36% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Citrus fruit coatings are protective edible coverings applied to the surface of citrus fruits to maintain their quality and prolong their shelf life. The coatings are typically made from natural waxes such as carnauba, beeswax, or candelilla, and animal waxes such as shellac, which create a barrier against oxygen, carbon dioxide, moisture, and water vapor. These coatings protect the fruit from dehydration, weight loss, post-harvest diseases, and physical damage, while also improving their appearance and maintaining their natural flavors and aromas. They are commonly used in the commercial production of citrus fruits to ensure their quality during transportation and storage. With the increasing demand for fresh and healthy foods, citrus fruit coatings have become an important solution to maintain the quality of citrus fruits and meet the needs of consumers worldwide.

Consumers are becoming more conscious about the products they use and consume, and there is a growing demand for natural and organic products. This trend has also impacted the market, with an increasing demand for coatings made from plant-based materials. The use of natural and organic coatings is seen as a healthier and more sustainable option as compared to traditional coatings that use synthetic materials. Natural coatings made from plant-based materials such as beeswax, carnauba wax, and shellac are gaining popularity as they provide a natural alternative to traditional coatings that use petroleum-based materials. These coatings offer several advantages such as preserving the freshness of the fruit, increasing shelf life, and protecting against environmental factors. The use of natural and organic coatings also aligns with the increasing consumer demand for eco-friendly and sustainable products. This has led to a surge in the demand for coatings made from renewable sources that are biodegradable and compostable.

COVID-19 Impact: Pandemic impacted the market with mixed effects on demand and supply chain

The pandemic has disrupted supply chains, slowed down trade, and caused a decrease in demand for non-essential goods, including citrus fruits. As a result, the market has also been affected. The pandemic has led to a decrease in the demand for citrus fruits, particularly in the food service sector, which has been heavily impacted by lockdowns and social distancing measures. This, in turn, has resulted in a decrease in demand, as there are fewer fruits to coat. The pandemic has caused disruptions in the supply chain, leading to difficulties in sourcing raw materials. The movement restrictions imposed by various governments to curb the spread of the virus have also affected the transportation of raw materials and finished products. The closure of manufacturing facilities and reduced workforce has resulted in a decrease in the production. The pandemic has caused disruptions in the supply chain, leading to difficulties in sourcing raw materials. The movement restrictions imposed by various governments to curb the spread of the virus have also affected the transportation of raw materials and finished products. The closure of manufacturing facilities and reduced workforce has resulted in a decrease in the production of citrus fruit coatings. The pandemic has also led to an increase in the demand for citrus fruits in the retail sector, as consumers have been stocking up on fruits and other healthy foods to boost their immune systems. This has created opportunities for the market, as manufacturers can develop coatings that cater to the specific needs of the retail sector. The COVID-19 pandemic has had a mixed impact on the market, with some negative effects due to reduced demand and supply chain disruptions, but also some positive effects due to increased demand in the retail sector.

Latest Trends

"Innovation in coating technology leads to improved functionality and extended shelf life"

Innovation in coating technology is playing a vital role in the citrus fruit coatings market growth. Manufacturers are focusing on developing new and advanced formulations that offer improved functionality to citrus fruits. These coatings are designed to enhance the visual appeal of the fruits while also providing a layer of protection against environmental factors that can cause spoilage. For instance, new coating formulations are being developed that are more effective in retaining moisture, which can substantially increase the shelf life of citrus fruits. The use of such coatings can help to reduce food waste and improve the quality of fruits in the market. Manufacturers are also focusing on developing coatings that can preserve the flavor and nutritional value of the fruits for an extended period. These coatings are made from natural and organic ingredients, which helps to meet the growing demand for clean-label products. The use of such coatings also eliminates the need for synthetic preservatives, which is a major advantage for health-conscious consumers. The development of new and advanced coatings is helping to meet the growing demand for high-quality and natural products while also reducing food waste and increasing the shelf life of citrus fruits.

Citrus Fruit Coatings Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into wax, shellac, wax and shellac.

• By Application Analysis

Based on application, the market can be divided into household, commercial.

Driving Factors

"Convenience food demand boosts ready-to-eat meals, driving the market"

The busy lifestyles of modern consumers have led to an increasing demand for convenience foods and ready-to-eat meals. Citrus fruits are a popular ingredient in many of these products, such as fruit salads, snack packs, and pre-cut fruit trays. However, the natural degradation of citrus fruits during storage and transportation can result in spoilage and loss of quality. To address this issue, they have emerged as a solution to preserve the freshness, flavor, and appearance of the fruit. The coatings create a barrier between the fruit and the surrounding environment, reducing the rate of water loss and preventing the growth of microorganisms that cause spoilage. The increasing demand for convenience foods and ready-to-eat meals is a driving factor in the market. With the use of coatings, food manufacturers can ensure that their products meet consumer expectations for freshness, quality, and convenience.

"Global trade expansion led to increased demand for citrus fruit coatings"

Citrus fruits are highly perishable and require special care during transportation to prevent spoilage. Coatings play a crucial role in preserving the quality and freshness of citrus fruits during transportation and storage. With the increasing demand for citrus fruits worldwide, the need for effective coatings has become more important than ever. The global trade of citrus fruits has also led to the development of new coating technologies that can withstand the rigors of long-distance transportation and varying climatic conditions. The growing demand for exotic citrus fruits in various parts of the world has increased the demand for specialized coatings that can preserve the flavor and aroma of these fruits. The market is expected to grow significantly in the coming years due to the expanding global trade of citrus fruits.

Restraining Factors

"High costs limit adoption and competitiveness, affecting smaller players"

The development and application of citrus fruit coatings require specialized equipment and materials, which can be costly. The cost of research and development of new coating technologies can also be significant. This can result in higher prices for citrus fruits that are coated, making them less attractive to price-sensitive consumers. The high costs associated can make them less competitive compared to alternative preservation methods such as refrigeration, which may be a more cost-effective option for some suppliers and retailers. The cost of complying with regulatory standards can also add to the overall cost of citrus fruit coatings. Compliance with food safety regulations is necessary to ensure that the coatings used are safe for human consumption. The cost of compliance can be a substantial barrier to entry for smaller players in the market who may not have the resources to meet these requirements.

Citrus Fruit Coatings Market Regional Insights

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"Asia Pacific is expected to grow as a major market due to increasing demand for convenience foods"

The Asia-Pacific region is expected to be the leading region in the market. This is primarily due to the high demand for citrus fruits in countries like China, India, and Japan, which are among the world's largest consumers of citrus fruits. The region's population growth, rising middle-class income, and increasing awareness about the health benefits of citrus fruits are also contributing to the growth of the market. The region has a substantial presence of key market players who are investing in research and development activities to develop new and innovative citrus fruit coatings. The region also has a vast network of citrus fruit growers, processors, and exporters who are increasingly adopting advanced packaging technologies to extend the shelf life of their produce. The increasing demand for natural and organic coatings in the region is expected to boost the growth of the market. Consumers in the region are becoming increasingly health-conscious and are looking for products that are free from synthetic chemicals and additives. The region is expected to experience substantial growth in the citrus fruit coatings market share in the coming years, driven by the increasing demand for citrus fruits and the adoption of advanced coating technologies.

Key Industry Players

"Increased competition leads to innovation and product diversification by key players"

Key players in the market are focusing on developing innovative and sustainable coating solutions to meet the growing demand for natural and organic products. They are also investing in research and development to create coatings with improved functionality and shelf-life extension properties. Many players are expanding their production capacity and distribution networks to cater to the increasing demand in different regions. Collaboration and partnerships with other companies and research institutions are also being pursued to accelerate innovation and enhance their market position. These efforts by key players are expected to drive growth and competition in the market, benefitting both consumers and the industry as a whole.

List of Market Players Profiled

• XEDA International (Asia)
• AgroFresh - United States (North America)
• John Bean Technologies (North America)
• Quzhou Kecheng Juli (Asia)
• Citrashine (North America)
• Fomesa Fruitech (Europe)
• Nipro Fresh (Asia)
• Castle Chemicals (Europe)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.