Oil refers to a viscous liquid that is obtained from petroleum and is used as a fuel or lubricant. Citrus oil is a type of essential oil used widely in aromatherapy and the food and beverage industry. It is extracted from a cold-presses process. Citrus oil is rich in limonene and enhances mood and emotional balance as it works on the chemicals and hormones of a human brain. It also possesses antioxidant properties that help in neutralizing the free radicals and releases stress.
MARKET DYNAMICS
The application of citrus oil in the food and beverage industries to enhance the flavor and other functional properties drives the growth of the citrus oil market. Besides this, the health benefits such as balance in mood and emotional balance also drive the market growth. However, lack of awareness of citrus oil in developing countries hinders market growth. An upsurge in demand for citrus fruits and ingredients in the retail and pharmaceuticals industry is expected to boost the growth of citrus oil market in the near future.
MARKET SCOPE
The "Global Citrus Oil Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the citrus oil market with detailed market segmentation by product type, extraction method, distribution channel, application and geography. The global citrus 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 oil players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global citrus oil market is segmented based on product type, extraction method, distribution channel, application. On the basis of product type, the citrus oil market is segmented into orange oil, lemon oil, lime oil, grapefruit oil and others. As per extraction method the market is classified into steam distillation, cold pressed and hydro distillation. Based on distribution channel the market is broken into retail store, specialty store, online store and others. As per application the crude oil market is classified into food & beverages, personal care & cosmetics, aromatherapy, pharmaceuticals and 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 oil based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The citrus 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 oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. 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 oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the citrus oil as caffeinated and incaffeinated growth strategies. Various companies are focusing on caffeinated growth strategies such as product launches, product approvals and others such as patents and events. Incaffeinated growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from citrus oil are anticipated to lucrative growth opportunities in the future with the rising demand for citrus oil in the global market. Below mentioned is the list of few companies engaged in the citrus oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the citrus oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bontoux
- Citromax S.A.C.I.
- Citrosuco
- Citrus and Allied Essences Ltd.
- Citrus Oleo
- Lionel Hitchen Limited
- Moksha Lifestyle
- Mountain Rose Herbs
- Symrise AG
- Young Living Essential Oils LC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.