Citral Market, (Natural Citral, Synthetic Citral), By Application (Lemon Essence, Vitamin, Menthol, Others), By End User (Cosmetics & Personal Care, Household Care, Pharmaceuticals, Food & Beverages, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The Citral Market size is valued at US$ 3.19 Bn in 2024 and is expected to reach US$ 5.11 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.
Figure 1. Citral Market Share (%), By Region, 2024
Citral market has been witnessing steady growth in the recent years. Citral which is also known as 3,7-dimethyl-2,6-octadienal, is a crystalline, colorless liquid that occurs naturally in lemongrass oil. Derived commonly from lemongrass and litsea cubeba May Chang, it is used as a fragrance and flavoring agent in perfumes, soaps, lotions, and household products. It provides a lemony scent and is valued for its ability to mask unpleasant odors. As consumer’s preference for natural ingredients rises and essential oil products continue to gain popularity, the demand for citral is surging in the personal care and home care industries. Citral is used for formulation of many types of cosmetic and personal care products including aftershave lotions, bath products, moisturizers, perfumes & colognes, and skin care products. Growing cosmetics & personal care industry is expected to boost growth of the citral market.
Market Dynamics:
The citral market is primarily driven by increasing application as a flavoring and fragrance agent in various sectors including food & beverages, personal care, home care, and others. Growing consumer preference for natural ingredients coupled with rising demand for aromatherapy and essential oils is fueling the market growth. Citral provides fresh, clean, lemony fragrance which makes it a popular choice for perfumes, soaps, detergents, and cleaning products. Changing lifestyle and growing middle-class population are also contributing to the market expansion. However, availability issues pertaining to raw materials that are used for citral extraction and price volatility associated with its natural derivatives hamper the market potential. On the positive side, expanding use in products like air fresheners and disinfectants opens new avenues.
Key features of the study:
- This report provides an in-depth analysis of the citral market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the citral market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include BASF SE, Beijing Lys Chemicals Co. Ltd., Indukern SA, Industrial and Fine Chemicals, Kuraray Co. , Privi Specialty Chemicals Limited, Rajkeerth Aromatics and Biotech Pvt. Ltd., Symrise AG, Takasago International Corporation, Vee Kay International, and Zhejiang Xinchecheng Co. Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The citral market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the citral market.
- Citral Market, By Type
- Natural Citral
- Synthetic Citral
- Citral Market, By Application
- Lemon Essence
- Vitamin
- Menthol
- Others
- Citral Market, By End User
- Cosmetics & Personal Care
- Household Care,
- Pharmaceuticals
- Food & Beverages
- Others
- Citral Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in the Citral Market:
- BASF SE
- Beijing Lys Chemicals Co. Ltd.
- Indukern SA
- Industrial and Fine Chemicals
- Kuraray Co. Ltd.
- Privi Specialty Chemicals Limited
- Rajkeerth Aromatics and Biotech Pvt. Ltd.
- Symrise AG
- Takasago International Corporation
- Vee Kay International
- Zhejiang Xinchecheng Co. Ltd.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Citral Market, By Type
- Citral Market, By Application
- Citral Market, By End User
- Citral Market, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Wide range of applications in perfumes, soaps, detergents and other products
- Restraints
- Stringent regulations regarding usage of citral
- Opportunities
- Development of new application areas
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
- 4. Citral Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Citral Market, By Type, 2019-2031 , (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019- 2031
- Segment Trends
- Natural Citral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Synthetic Citral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- 6. Citral Market, By Application, 2019- 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2019, 2022 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Lemon Essence
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Vitamin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Menthol
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- 7. Citral Market, By End User , 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cosmetics & Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Household Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- 8. Citral Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019- 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031,(US$ Bn)
- South Africa
- Central Africa
- North Africa
- 9. Competitive Landscape
- Company Profile
- BASF SE
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Beijing Lys Chemicals Co. Ltd.
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Indukern SA
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Industrial and Fine Chemicals
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Kuraray Co. Ltd.
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Privi Specialty Chemicals Limited
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Rajkeerth Aromatics and Biotech Pvt. Ltd.
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Symrise AG
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Takasago International Corporation
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Vee kay International
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Zhejiang Xinchecheng Co. Ltd.
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Analyst Views
- 10. Section
- References
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Citral Market” - Global forecast to 2031
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