Global Citrus Oils Market 2024-2028
The citrus oils market is forecasted to grow by USD 944.8 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the citrus oils market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of natural ingredient-based products, perceived health benefits associated with citrus oils, and wide range of applications.
Technavio's citrus oils market is segmented as below:
By Application
- Food and beverages
- Pharmaceuticals and cosmetics
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for organic citrus oils as one of the prime reasons driving the citrus oils market growth during the next few years. Also, increasing demand for aromatherapy and prevalence of accessible distribution channels will lead to sizable demand in the market.
The report on the citrus oils market covers the following areas:
- Citrus oils market sizing
- Citrus oils market forecast
- Citrus oils market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading citrus oils market vendors that include Archer Daniels Midland Co., Aromaaz International, BONTOUX SAS, CITROMAX, Citrosuco, Citrus and Allied Essences Ltd., Citrus Oleo, Dohler GmbH, doTERRA International LLC, Edens Garden, Firmenich SA, Givaudan SA, Lionel Hitchen Ltd., Mountain Rose Herbs, Plant Therapy, Symrise AG, Takasago International Corp., TREATT PLC, Ultra International BV, and Young Living Essential Oils LC. Also, the citrus oils market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.