Citrus Oil Market size, Growth Prospects, Trends, Key Players, and Opportunities

Data Bridge Market Research analyses that the global citrus oil market to account USD 9.43 billion by 2028 growing at a CAGR of 5.92% in the forecast period of 2021-2028.
Citrus oil is a type of oil which is extracted from citrus fruits. They are highly utilized in perfumes and also u

Citrus Oil market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in this industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of this industry. The data of this Citrus Oil report is represented with the tables, charts and graphs for better understanding.

In this market research report, a market study and overview is carried out by taking into account market drivers, market restraints, opportunities and challenges for a particular business. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa. This helps delineate strategies for the product distribution in those areas. Citrus Oil market report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. This superior Citrus Oil market report is presented with a full devotion and dedication to the clients that extend their reach to success.

Data Bridge Market Research analyses that the global citrus oil market to account USD 9.43 billion by 2028 growing at a CAGR of 5.92% in the forecast period of 2021-2028.

Citrus oil is a type of oil which is extracted from citrus fruits. They are highly utilized in perfumes and also used as flavours added to soft drinks and sweets. It is also used to clean metal surfaces, kitchen utensils and clothes. They are also very popular in herbal remedies and aromatherapy when used in combination with other essential oils. Common types of citrus oils include mandarin oil, lemon oil, bergamot oil, lime oil and grapefruit oil. These oils are widely used in home care, personal care and products, therapeutic massage, food and beverage, and more.

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 Driver:

Growing demand for plant based extracts and rise in the number of application of citrus oil are the major factors attributable to the growth of citrus oil market. Also, easy availability of products, surge in the demand for natural medicines and rise in the awareness towards health benefits are the driving factors influencing the growth of the citrus oil market.

Rise in the adoption of product for animal feed as an alternative of antibiotics will boost the opportunities for the growth of citrus oil market.

However, rise in the demand for other essential oils and lack of awareness in emerging nations will restrict the growth of the citrus oil market. Availability of product alternatives in the market will challenge the market growth

Some key players mentioned in the report are:

LIONEL HITCHEN, Mountain Rose Herbs; Symrise; Citrus and Allied Essences Ltd.; doTERRA; Lemonconcentrate S.L.U; Citrosuco.; citromax; Ultra International B.V.; Kush Aroma Exports; Venkatramna Industries; K. K. Enterprise; Astrra Chemicals.; Cedarome; Kanta Enterprises Private Limited.; Vaibhav Perfumery; Ingrilli Citrus Inc.; among other domestic and global players.

Key Insights that Study is going to provide:

  • The 360-degree Citrus Oil overview based on a global and regional level
  • Market Share & Sales Revenue by Key Players & Emerging Regional Players
  • A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
  • May vary depending upon availability and feasibility of data with respect to Industry targeted
  • Patent Analysis** No of patents / Trademark filed in recent years.
  • A complete and useful guide for new market aspirants
  • Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
  • Various Citrus Oil industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

LIONEL HITCHEN, Mountain Rose Herbs; Symrise; Citrus and Allied Essences Ltd.; doTERRA; Lemonconcentrate S.L.U; Citrosuco.; citromax; Ultra International B.V.; Kush Aroma Exports; Venkatramna Industries; K. K. Enterprise; Astrra Chemicals.; Cedarome; Kanta Enterprises Private Limited.; Vaibhav Perfumery; Ingrilli Citrus Inc.; among other domestic and global players.

The countries covered in the Global Citrus Oil Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

 

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