Global Citral Market, By Product Type (Natural and Synthetic), Application (Synthesis of Vitamin A and E, Lemon Essence, Menthol, and Other Citral Derivatives), End Use (Cosmetics and Personal Care, Household Care, Laundry Detergents and Cleaners, Dishwashers, Pharmaceuticals, Food and Beverages, Air Care, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Citral Market
The citral market is expected to be growing at a growth rate of 3.21% in the forecast period of 2021 to 2028. The citral market report analyses the growth, which is currently being growing due to the rising demand for immunity boosters for overall health and wellness.
Citral is an unsaturated liquid isomeric aldehyde that is utilized as perfumery and flavouring ingredient. Citral is favoured for its distinct and lemon-like odour. Citral is a key component found in citrus fruit peel oil. It is a mixture of geranial and neral, which are monoterpene aldehydes. Citral is utilized in several applications like cosmetics and food and beverages for its lemon aroma and flavour.
Important factors that are expected to boost the growth of the citral market in the forecast period are the increase in the utilization of citral in cosmetics and personal care products around the world, the rise in the demand for citral in synthesis of Vitamin A & E and the increase in consciousness about health amongst the worldwide population. Furthermore, the rise in the cosmetics and personal care industry because of the change in the lifestyle of people, urbanization, and the increase in the per capita disposable income, the increase in the pharmaceutical and food and beverage industries in the advancing countries and considerable demand for the health supplements are some of the factors further anticipated to propel the growth of the citral market. However, the government body such as the International Organization of the Flavour Industry (IOFI) are restraining the utilization of citral in the cosmetics due to its capability to produce acrid and irritating fumes when heated is one of the factor estimated to further impede the growth of the citral market in the near future.
This citral market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the citral market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Citral Market Scope and Market Size
The citral market is segmented on the basis of product type, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the product type, the citral market is segmented into natural and synthetic.
- Based on the application, the citral market is segmented into synthesis of vitamin A and E, lemon essence, menthol, and other citral derivatives.
- Based on the end use, the citral market is segmented into cosmetics and personal care, household care, laundry detergents and cleaners, dishwashers, pharmaceuticals, food and beverages, air care, and others.
Citral Market Country Level Analysis
The citral market is analysed and market size, volume information is provided by country, product type, application and end use as referenced above.
The countries covered in the citral market report are the 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, Israel, Egypt, South Africa, 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.
Asia Pacific dominates the citral market because of the incidence of the advancing countries, increase in the income of the middle-class population, and the rise in the population. Furthermore, the swift industrialization and the increase in the demand for citral for downstream processing of several aroma chemicals will further boost the growth of the citral market in the region during the forecast period. North America is projected to observe significant amount of growth in the citral market because of large amount of citral is sold in the region for pharmaceutical applications.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Citral Market Share Analysis
The citral market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to citral market.
The major players covered in the citral market report are BASF SE, Kuraray CO., LTD., Zhejiang NHU Co. Ltd., Yongzhou Samshiang Flavours & Fragrances Corp, Teck Soon Hong (Zhuhai)Flavours & Fragrances Ltd., Jiangxi Xuesong Natural Medicinal Oil Co., Ltd., Industrial and Fine Chemicals., Jiangxi Global Natural Spices Co., Ltd, Rajkeerth Aromatics and Biotech Pvt Ltd., Kalpsutra Chemicals Pvt. Ltd., Shanghai Xianjie Chemtech Co., Ltd, Chengdu Jianzhong Flavours and Fragrances Co., Ltd., Guangzhou Ri Hua Flavor and Fragrance Co. Ltd, Wuxi Lotus Essence Co., Ltd., Symrise AG, Takasago International Corporation, International Flavours & Fragrances Inc., BERJÉ INC., Indukern F&F, Alfa Aesar, Parchem fine & specialty chemicals., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.