Increasing demand for lime owing to its health benefits
(citrus) fruit is an excellent source of vitamin C. The health benefits of these fruits also rest in their fiber and phytochemicals. The lime peels are rich in limonene phytochemicals. They are also a good source of fiber, which aids in digestion. According to the World Health Organization (WHO), approximately 65 to 70 million people in North America experience digestive system problems. This, in turn, has led to an increase in the demand for digestive citrus acid-based food & beverages in the region, thus impacting the industry trend on a positive note. In addition, limes have a low glycemic index, making them the perfect food for those with diabetes. The U.S. Food and Drug Administration has approved the following nutrient content descriptors for limes: fat-free, saturated fat-free, sodium-free, cholesterol-free, low-calorie, a good source of fiber and high in vitamin C. The vitamin C and antioxidants in limes can strengthen your immune system and help your body fight off infections such as the cold and flu virus. It may also shorten the duration of an illness. Drinking lime water may reduce your risk of developing cancer and help in fighting the disease. The antioxidant properties in limes promote healthy cell growth and improve the function of the immune system. Moreover, research is ongoing on lime compounds called limonins that may be able to reduce cholesterol levels. With increasing demand from consumers and high health benefits, the market is expected to grow over the forecast period.
Growing demand for lime ingredients creates market opportunity
- Lime is used as an ingredient in the production of pectin, citric acid, lime oil, lime juice, and many other products.
- The growing demand creates a steady demand for these products throughout the year.
- Pectin and citric acid are two products that have witnessed a continuous demand as they are primary ingredients in a jam preparation.
- The strong demand from consumers for lime derived products will accelerate the growth of lime market
- According to statistics from USDA, citrus utilized production in the United States for the 2018-19 season totaled 7.94 million tons, up 31 percent from the 2017-18 season.
- California accounted for 51 percent of total United States citrus production; Florida totaled 44 percent, and Texas and Arizona produced the remaining 5 percent.
Growing demand for organic limes
- The increased attention to health and the environment is also generating interest in organically produced fruit and vegetables.
- Limes constitute a niche product used as an ingredient or flavouring. Because the skin of the fruit is used as well, consumers are more likely to want organically produced limes.
- Therefore organic limes are more and more in demand.
- Furthermore, it may present an opportunity for smaller supply countries to compete with the large conventional volumes from Mexico and Brazil.
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