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Ingredients in Focus is Food Dive’s bite-sized column highlighting exciting developments in the ingredients sector.
Citrus Raw Materials Market experienced rapid growth Demand for natural and plant-based ingredients in food and beverage products has increased in recent years. But after that hurricane milton earlier this month, Strong winds and flooding caused up to $2.5 billion in damage to Florida farms, with the state Department of Agriculture reporting “significant production losses” for orange crops.
The Category 3 hurricane struck most of Florida’s citrus-producing counties. According to Frank Jaksch, CEO of Ayana Bio, a plant cell cultivation company, the storm not only affected orange crops, but also citrus ingredients.
“Citrus is already a problem. “There is a problem with citrus crops, and not only are these citrus products used in the production of oranges or orange juice or other types of food products, but citrus-related flavorings are one of the most commonly used ingredients,” he said in an interview. Food diving.
Citrus fibers, in particular, are booming. In popularity. This ingredient is used to create the texture of foods made from upcycled citrus peels. Many consumers are looking for more from their food and are prioritizing clean labels and short ingredient statements. But they are also increasingly looking for improved texture and taste.
Citrus fibers can enhance your eating experience with gelling properties, improved mouthfeel, and improved emulsification without adding additives and gums. Citrus fibers are especially useful and growing in popularity in plant-based foods that mimic the specific textures of traditional products.
85% of consumers According to Ingredion’s 2023 ATLAS exclusive consumer survey, they claim to accept and prefer to see citrus fiber listed on labels. The same study found that the importance of what’s on labels is growing, with 79% of consumers around the world saying they want to know the ingredients of products, and 50% saying they are checking food ingredients more than last year.
What materials companies are most worried about after an environmental disaster is how the damage will affect their profits.
“They are thinking about how this will impact my supply chain, and the most important thing is the cost, whether it be price increases or price volatility,” Jaksch said.
Price volatility is the biggest threat to materials companies. This is because environmental concerns can make one input much more expensive and the increased costs must be offset somehow.
