- Food & Beverages
- Aromatherapy
- Personal Care & Cosmetics
- Pharmaceuticals
Citrus Oil Market size was valued at USD 4.5 billion by 2029 growing at a significant CAGR of 5.2% over the forecast period 2023-2029. Citrus oil is a kind of vital oil used broadly in aromatherapy. Citrus oil consists of anti-oxidant properties, which counteract free radicals and reduce stress. As this oil is rich in limonene, it provides several health benefits. Health benefits include enhancing mood and balancing emotional status. It does this by working on the brain chemical as well as hormones. There is an increasing demand for citrus oil in the global market as there is a growing demand for citrus oil in the food and beverages industries. Another important factor driving citrus oil is the increasing demand for artificial drinks.
There are a number of manufacturers choose to use blending citrus oil in several food and beverage products for the enhancement of the flavours and fragrance. Citrus fruits like orange, lemon, and grapefruit are significant sources to get citrus oil. The beneficial properties of this oil and its easy availability are the prominent factors in increasing market growth. Increasing preference for use of fertilizer and pesticide sprays on the farm for augmenting the production yield is the major reason to limit the citrus oil market growth. Furthermore, a lack of alertness about citrus oil in rising countries is anticipated to restrain market growth. Another leading reason to hinder the citrus oil market growth is the undersized infrastructure of the retail channel in several emerging countries can limit the market growth. There is a lack of awareness in several emerging countries and consequently, this leads to a limit in the adoption of citrus oil. This factor is anticipated to limit the market growth during the forecasting period.
Citrus Oil Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.2%
Largest Market
North America
Fastest Growing Market
Europe
Citrus Oil Market Dynamics
The demand within the global market for citrus oil has been rising on account of the medical benefits served by these oils. Moreover, the use of citrus oils in the food and beverages industry has also played an integral role in the growth of this market because citrus oil is used as a flavoring agent and taste-enhancer in several food products. It is safe to expect that the discovery of new uses and applications of citrus oil would further propel demand within the global market for citrus oil.Besides all this, the cosmetics industry has also emerged as a prominent consumer in the global market for citrus oil in recent times. The effect of citric products on human skin is believed to be a source of replenishment which is a key driver within the global market for citrus oil. Furthermore, the pharmaceutical industry is another key consumer in the global citrus oil market which shall in turn drive market demand in the years to come.
North-America got significant share
Citrus Oil Market Regional Analysis
Developments in food industry are majorly driving the citrus oil market. Another major driving factor is usefulness of such oils becoming famous around different industries. Increasing demand for confectionary beverages, carbonated beverages and bakery products are further anticipated to increase the demand for the citrus in beverage industry, consequently driving the market growth for citrus oil. There is growing demand for natural formulations made from plant as it provides a number of health benefits without giving any side effect and this contribute to boost the citrus oil market growth. North America is the leading region to hold the market position in the year 2018, which recorded almost 36.4% market share followed by regions such as Asia Pacific and Europe.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- This market study report focuses more on the global analysis of the Citrus Oil Market with recent developments and future evaluations to provide best investment options for the key players.
- Complete analysis of aspects is discussed in the report which boom and restrict the global fecal occult testing market growth.
- This market report also outlines the identification of key players, which influence the market growth. It further evaluates factors, which can change the market scenario.
- Current and upcoming trends are also discussed in the report for the forecasting period 2023-2029 to identify the prevailing opportunities in the market.
- This research analysis also covers key players along with their profiles. Strategies that key players follow are also analyzed in the report to give the fair idea about competitive outlook of the market.
Citrus Oil Market Segmentation
By Application
By Oil Type
- Orange Oil
- Lime Oil
- Lemon Oil
- Others
By Geography
- North America
- Europe
- Asia Pacific
- The Middle East and Africa
- Latin America
Frequently Asked Questions
The citrus oil market is projected to expand at a CAGR of 5.2% during the forecast period
Symrise AG, Bontoux, Citrosuco, Lionel Hitchen, Citrus and Allied Essences Ltd
Europe is the fastest-growing region for citrus oil market
| 1.Executive Summary |
| 2.Global Citrus Oil Market Introduction |
| 2.1.Global Citrus Oil Market - Taxonomy |
| 2.2.Global Citrus Oil Market - Definitions |
| 2.2.1.Application |
| 2.2.2.Type |
| 2.2.3.Fiber Type |
| 2.2.4.Region |
| 3.Global Citrus Oil Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Citrus Oil Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Citrus Oil Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Cosmetics & Personal Care Products |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Home Care Products |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Therapeutic Massage Oils |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Food & Beverage |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Other Industrial Applications |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Citrus Oil Market By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Orange Oil |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Lemon Oil, |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Bergamot Oi |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Lime Oil |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Grapefruit Oil, |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Mandarin Oil |
| 6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Citrus Oil Market By Fiber Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. UHMPE |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Aramid Fibers |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Glass |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Citrus Oil Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Citrus Oil Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Cosmetics & Personal Care Products |
| 9.1.2.Home Care Products |
| 9.1.3.Therapeutic Massage Oils |
| 9.1.4.Food & Beverage |
| 9.1.5.Other Industrial Applications |
| 9.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Orange Oil |
| 9.2.2.Lemon Oil, |
| 9.2.3.Bergamot Oi |
| 9.2.4. Lime Oil |
| 9.2.5.Grapefruit Oil, |
| 9.2.6.Mandarin Oil |
| 9.3. Fiber Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.UHMPE |
| 9.3.2.Aramid Fibers |
| 9.3.3.Glass |
| 9.3.4.Others |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Citrus Oil Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Cosmetics & Personal Care Products |
| 10.1.2.Home Care Products |
| 10.1.3.Therapeutic Massage Oils |
| 10.1.4.Food & Beverage |
| 10.1.5.Other Industrial Applications |
| 10.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Orange Oil |
| 10.2.2.Lemon Oil, |
| 10.2.3.Bergamot Oi |
| 10.2.4. Lime Oil |
| 10.2.5.Grapefruit Oil, |
| 10.2.6.Mandarin Oil |
| 10.3. Fiber Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.UHMPE |
| 10.3.2.Aramid Fibers |
| 10.3.3.Glass |
| 10.3.4.Others |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Citrus Oil Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Cosmetics & Personal Care Products |
| 11.1.2.Home Care Products |
| 11.1.3.Therapeutic Massage Oils |
| 11.1.4.Food & Beverage |
| 11.1.5.Other Industrial Applications |
| 11.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Orange Oil |
| 11.2.2.Lemon Oil, |
| 11.2.3.Bergamot Oi |
| 11.2.4. Lime Oil |
| 11.2.5.Grapefruit Oil, |
| 11.2.6.Mandarin Oil |
| 11.3. Fiber Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.UHMPE |
| 11.3.2.Aramid Fibers |
| 11.3.3.Glass |
| 11.3.4.Others |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Citrus Oil Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Cosmetics & Personal Care Products |
| 12.1.2.Home Care Products |
| 12.1.3.Therapeutic Massage Oils |
| 12.1.4.Food & Beverage |
| 12.1.5.Other Industrial Applications |
| 12.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Orange Oil |
| 12.2.2.Lemon Oil, |
| 12.2.3.Bergamot Oi |
| 12.2.4. Lime Oil |
| 12.2.5.Grapefruit Oil, |
| 12.2.6.Mandarin Oil |
| 12.3. Fiber Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.UHMPE |
| 12.3.2.Aramid Fibers |
| 12.3.3.Glass |
| 12.3.4.Others |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Citrus Oil Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Cosmetics & Personal Care Products |
| 13.1.2.Home Care Products |
| 13.1.3.Therapeutic Massage Oils |
| 13.1.4.Food & Beverage |
| 13.1.5.Other Industrial Applications |
| 13.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Orange Oil |
| 13.2.2.Lemon Oil, |
| 13.2.3.Bergamot Oi |
| 13.2.4. Lime Oil |
| 13.2.5.Grapefruit Oil, |
| 13.2.6.Mandarin Oil |
| 13.3. Fiber Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.UHMPE |
| 13.3.2.Aramid Fibers |
| 13.3.3.Glass |
| 13.3.4.Others |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Symrise AG |
| 14.2.2.Bontoux |
| 14.2.3.Citrosuco |
| 14.2.4.Lionel Hitchen |
| 14.2.5.Citrus and Allied Essences Ltd |
| 14.2.6.Citrus Oleo |
| 14.2.7.Mountain Rose Herbs |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Symrise AG
- Bontoux
- Citrosuco
- Lionel Hitchen
- Citrus and Allied Essences Ltd
- Citrus Oleo
- Mountain Rose Herbs