Lemon oil and lemon extracts consists of a concentration of vitamin C and citric acid. Natural ingredients such as lemon extract and lemon oil are gaining greater traction across the world. Lemon oil and extracts are used as flavoring agents as they are harmless and natural alternatives to synthetic formulations. They are obtained from organic lemons and conventional lemon.
Based on application, the lemon oil and lemon extracts market is segmented into food and beverages, cosmetics and personal care, household cleaning products, aromatherapy, and others. The food and beverage segment held the largest share in 2021, whereas the cosmetics and personal care segment is expected to register the highest CAGR from 2022 to 2028. It has antibacterial, antifungal, antiviral, anticancer, antioxidant, and immunomodulatory properties. These factors are expected to provide lucrative opportunities to the lemon oil and extracts manufacturers in the coming years.
In 2022, Asia Pacific held the largest share of the global lemon oil and lemon extracts market. Asia Pacific is also estimated to register the highest CAGR during the forecast period. The aromatherapy sector in Japan is expanding with an increasing number of consumers engaging themselves in self-care. Due to lifestyle changes, urbanization, and stressful lives, people prefer to take aromatherapies for physical and emotional well-being. Additionally, the demand for lemon extracts and lemon oil are increasing in various sectors like cosmetics, perfumes, and personal care products. Therefore, the use of lemon oil and extracts in products is increasing instead of artificial ingredients. These are the factors anticipated to propel the market growth.
Disruptions in manufacturing and raw material supply hampered the lemon oil and lemon extracts market growth in the initial phase of COVID-19 pandemic. The overall disruptions in manufacturing processes and research and development activities restrained new developments in the market. However, due to the rising focus of consumers on health and wellness, the demand for immunity-boosting products increased dramatically.
Nowadays, people are seeking products that help them look youthful and fresh. People are willing to spend a lot of money on skin care products that make their skin healthy-looking and radiant. Due to the increasing pressure to look good in an image-focused society, people are spending more time online researching the best products for their skin type. They have wider access to a variety of products available across supermarket shelves or online. All these factors are driving the global skin care industry.
Manufacturers of skin care products such as moisturizers, face masks, antiaging creams and lotions, depigmentation creams, and gels are incorporating lemon oil and extracts in their products. Moreover, manufacturers are developing vitamin C face serums that include lemon essential oil as an active ingredient. Lemon and Beaker Limited is one such company that offers vitamin C serum made with lemon essential oil extracted from lemon peels that helps lighten and uplift the skin. Thus, the benefits of lemon oil and lemon extracts in skin care products are significantly driving the lemon oil and lemon extracts market growth.
Based on application, the market is segmented into food and beverages, cosmetics and personal care, household cleaning products, aromatherapy, and others. The market for the food and beverages segment is subsegmented into bakery & confectionery, dairy & frozen desserts, beverages, and others. In various food and beverages, lemon oil and lemon extracts are used as flavorings agents, antioxidants, and food enhancers to meet the nutritional demand of consumers and add value to products.
Based on category, the lemon oil and lemon extracts market is segmented into organic and conventional. The conventional segment held a largest market share during the forecast period, whereas the organic segment is projected to register a higher CAGR during the forecast period. Synthetic fertilizers, pesticides, insecticides, herbicides, and fungicides are used in conventional lemon farming. Lemon growers usually use genetically modified organisms or genetically modified crop varieties to deliver consistent crop yields. Conventional farming involves planting these crops in full, direct sunlight, which leads to rapid crop growth.
Based on Type, the lemon oil and lemon extracts market is segmented into lemon oil and lemon extracts. The lemon oil segment accounted for a larger market share in 2022. Lemon oil is a strong cleaner that helps in disinfecting surfaces and air. The oil is used in various applications, including aromatherapy, food and beverages, personal care products, pharmaceuticals, and others. It is used as an agent for treating calluses and warts, spot remover, natural repellant in antibacterial therapy, and many more.
A few major players operating in the lemon oil and lemon extracts market include Citromax Group Inc, Berje Inc, Lemonconcentrate SLU, Royal Aroma Fragrances Inc, Jedwards International Inc, The Good Scents Co, Denk Ingredients GmbH, Dohler GmbH, Kerry Group Plc, and Lochhead Manufacturing Co. These companies are emphasizing on new product launches and geographical expansions to meet the growing consumer demand worldwide. They have a widespread global presence, which provides them to serve a large set of customers from all across the world and subsequently increases their market share. These market players focus heavily on new product launches and regional expansions to increase their product range in specialty portfolios.
The regional trends and factors influencing the Lemon Oil and Lemon Extracts Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Lemon Oil and Lemon Extracts Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1.3 Billion |
| Market Size by 2028 | US$ 1.67 Billion |
| Global CAGR (2022 - 2028) | 4.3% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Lemon Oil and Lemon Extracts Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Lemon Oil and Lemon Extracts Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The major players operating in the global lemon oil and lemon extracts market are Citromax Group Inc, Berje Inc, Lemonconcentrate SLU, Royal Aroma Fragrances Inc, Jedwards International Inc, The Good Scents Co, Denk Ingredients GmbH, Dohler GmbH, Kerry Group Plc, Lochhead Manufacturing Co.
Surging demand for organic products is anticipated lucrative opportunities for the growth of the lemon oil and lemon extracts market. With the increasing number of people suffering from obesity, diabetes, heart diseases, high blood pressure, and skin disorders and rising health awareness among people, the demand for certified organic products is increasing. People perceive organic products to be healthier than conventional ones because they are grown following stringent farming practices that avoid using chemical fertilizers and pesticides, genetically modified organisms (GMOs), growth hormones, and antibiotics. This factor is significantly driving the demand for organic products. Moreover, the organic trend is not only confined to food and beverages. The demand for organic shampoos, conditioners, moisturizers, and other skin care and haircare products is also rising simultaneously. Thus, the thriving organic industry provides lucrative opportunities to the manufacturers of lemon oil and extracts as these ingredients are widely used in food products, beverages, personal care products, cosmetics, and home care products.
Based on type, lemon oil segment has largest revenue because, lemon oil is a strong cleaner that helps in disinfecting surfaces and air. Lemon oil is used in various applications, including aromatherapy, food and beverages, personal care products, pharmaceuticals, and others. It is used as an agent for treating calluses and warts, spot remover, natural repellant in antibacterial therapy, and many more. Lemon oil is more effective than lemon extract. Lemon oil has a higher concentration of lemon flavor than lemon extract. Thus, owing to the increasing demand for lemon oil in various industrial applications, potential lemon oil manufacturers focus on launching new products.
Asia Pacific accounted for the largest share of the global lemon oil and lemon extracts market. Since ancient times, natural extracts have been used in personal care and cosmetics products. The natural extracts help enhance skin texture and integrity and hair and nail health. Lemon extract in cosmetic products acts as an antioxidant and possesses antifungal and antibacterial properties. Japan is famous for various cosmetics. Demand for natural and organic cosmetics is growing in Japan. Therefore, the preference for lemon oil and extracts over artificial ingredients is increasing in cosmetic products. All these factors are expected to propel the lemon oil and lemon extracts market growth in Asia Pacific in the coming years.
Rise in demand for natural ingredients driving global lemon oil and lemon extracts market. The rising demand for natural ingredients in food & beverages and personal care industries is expected to drive the lemon oil and lemon extracts market. Lemon oil and lemon extracts are used as natural flavoring agents in various food and beverages such as baked products, confections, frozen desserts, ready-to-drink beverages, energy drinks, carbonated beverages, flavored waters, and snacks. In personal care products such as moisturizers, depigmentation and antiaging creams, and face serums, lemon oil and extracts are used as natural lightening and healing ingredients. Thus, increasing utilization of lemon oil and extracts in food and beverages and personal care products and surging demand for natural ingredients are driving the market.
Based on the application, cosmetics and personal care segment is projected to grow at the fastest CAGR over the forecast period. Due to their therapeutic efficacy, the cosmetics and personal care industry make use of lemon oil and extracts as the key active component of novel anti-aging and regenerative skincare products. These oil and extracts have high biological potential due to their natural origin and non-toxicity. It has antibacterial, antifungal, antiviral, anticancer, antioxidant, and immunomodulatory properties. It replenishes dead skin cells and is generally used for preparing face washes, moisturizers, facial masks, and other skincare products. The growing popularity of lemon oil for skin lightening and hair health is expected to drive its demand.