Citrus Essential Oil Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Citrus essential oil, which includes citrus, lime, grapefruit, lemon, and bergamot essential oil, is a form of essential oil that is commonly used in aromatherapy. Most of the citrus essential oil is extracted by cold pressing, but it can also be distilled using essential oil extraction. Citrus essential oil is high in limonene, which has many health benefits. Citrus essential oil also has antioxidant properties, which aid in the neutralisation of free radicals and the reduction of stress.

MARKET DYNAMICS

Citrus essential oil's market is expected to rise due to increasing demand from the food and beverage industry for enhancing the flavor and aroma of food products such as bakery, beverages, salads, and other items. Furthermore, Citrus oil's market growth is expected to be fueled by the customer demand for organic and natural formulations that are plant-derived because they have various health benefits with no side effects.

MARKET SCOPE

The "Global Citrus Essential Oil Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the citrus essential oil market with detailed market segmentation by type and application. The global citrus essential oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading citrus essential oil market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global citrus essential oil market is segmented into type and application. By type, the citrus essential oil market is classified into orange oil, lemon oil, lime oil, others. By application, the citrus essential oil market is classified into food & beverages, personal care, aromatherapy, air care, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global citrus essential oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The citrus essential oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the citrus essential oil market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the citrus essential oil market in these regions.

MARKET PLAYERS

The report covers vital developments in the citrus essential oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the citrus essential oil market are anticipated to lucrative growth opportunities in the future with the rising demand for citrus essential oil in the global market. Below mentioned is the list of few companies engaged in the citrus essential oil market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the citrus essential oil market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Symrise AG
  
•   Lionel Hitchen
  
•   Bontoux
  
•   Citrus and Allied Essences Ltd.
  
•   Young Living Essential Oils
  
•   Citrus Oleo
  
•   Mountain Rose Herbs
  
•   dTERRA
  
•   Citrosuco
  
•   citromax.com
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Citrus Essential Oil Report Scope