Global Citrus Oil Market, By Oil Type (Orange Oil, Bergamot Oil, Lemon Oil, Lime Oil, Mandarin Oil, Grapefruit Oil), Application (Food and Beverage, Cosmetics and Personal Care Products, Home Care Products, Therapeutic Massage Oil, Other), Extraction Method (Steam Distilled, Cold Pressed, Hydro Distillation), Fold Type (2-4 Folded, 5-7 Folded, 8-10 Folded, Above 10 Folded), Grade (Deterpenated Oil, Terpene Oil), Sales Channel (Direct Sales, Modern Trade, Specialty Stores, Mono Brand Store, Online Retailer, Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Citrus Oil Market
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.
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.
This citrus oil 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, geographic expansions, technological innovations in the market. To gain more info on citrus oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Citrus Oil Market Scope and Market Size
The citrus oil market is segmented on the basis of oil type, application, extraction method, fold type, grade and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of oil type, the citrus oil market is segmented into orange oil, bergamot oil, lemon oil, lime oil, mandarin oil and grapefruit oil.
- On the basis of application, the citrus oil market is segmented into food and beverage, cosmetics and personal care products, home care products, therapeutic massage oil and other.
- On the basis of extraction method, the citrus oil market is segmented into steam distilled, cold pressed and hydro distillation.
- On the basis of fold type, the citrus oil market is segmented into 2-4 folded, 5-7 folded, 8-10 folded and above 10 folded.
- On the basis of grade, the citrus oil market is segmented into deterpenated oil and terpene oil.
- On the basis of sales channel, the global citrus oil market is segmented into direct sales, modern trade, specialty stores, mono brand store, online retailer and other.
Citrus Oil Market Country Level Analysis
The citrus oil market is analyses and market size, volume information is provided by country, oil type, application, extraction method, fold type, grade and sales channel as referenced above.
The countries covered in the citrus oil market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America and Europe dominate the citrus oil market and will continue to flourish its trend of dominance during the forecast period owing to the rising demand for citrus oil and significant use of product in aromatherapies in this region. Asia-Pacific and Europe region is expected to score the highest CAGR due to the growing use of essential oils in various food and cosmetic preparations.
The country section of the citrus oil market 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 Citrus Oil Market Share Analysis
The citrus oil 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 citrus oil market.
The major players covered in the citrus oil market 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. 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.