The global Citrus Oil market was valued at US$ 5583.3 million in 2020 and is expected to reach US$ 7504.4 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.
Citrus oils extracted by cold pressing or expression from the peel may contain large amounts of furanocoumarins (also called furocoumarins or psoralens), molecules that may cause phototoxicity problems.
Factors such as, changing consumer lifestyle and increasing spending on leisure and relaxation, and increased number of spas and massage centers, particularly in the developing regions like Asia Pacific and Middle East and Africa, are expected to drive the demand for citrus oils. Growing demand for plant-based extracts in food and beverages, cosmetics, and pharmaceuticals among others is projected to fuel the market growth over the forecast period. Rising awareness regarding the benefits of plant-based products is anticipated to positively influence the demand in the near future.
Global Citrus Oil Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Citrus Oil Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Doterra Holdings, Plant Therapy, Mountain Rose Herbs, Farotti Essenze, Moksha, Aura Cacia, Edens Garden, Now Foods, Mountain Rose Herbs, Cilione, Lebermuth and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-citrus-oil-market-outlook
Segment by Type
- Orange Oil
- Bergamot Oil
- Lemon Oil
- Lime Oil
- Mandarin Oil
- Grapefruit Oil
Segment by Application
Table of Content:
1 Citrus Oil Market Overview
2 Citrus Oil Market Competition by Manufacturers
3 Citrus Oil Retrospective Market Scenario by Region
4 Global Citrus Oil Historic Market Analysis by Type
5 Global Citrus Oil Historic Market Analysis by Application
6 Key Companies Profiled
7 Citrus Oil Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Citrus Oil Market Dynamics
10 Global Citrus Oil Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta