Global Limonene Market 2024-2028
Limonene Market 2024-2028
The limonene market is forecasted to grow by USD 101.5 mn during 2023-2028, accelerating at a CAGR of 3.6% during the forecast period. The report on the limonene 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 demand for limonene in cosmetics industry, increase in demand from pharmaceutical industry, and growing application in automobile industry.
Technavio's limonene market is segmented as below:
By End-user
- Food and beverage processing
- Pharmaceuticals
- Personal care and cosmetics
By Geographical Landscape
- APAC
- North America
- South America
- Europe
- Middle East and Africa
This study identifies the rising adoption as solvent in paint industry as one of the prime reasons driving the limonene market growth during the next few years. Also, rising demand for smart agricultural practices and government initiatives to increase agriculture production will lead to sizable demand in the market.
The report on the limonene market covers the following areas:
- Limonene Market sizing
- Limonene Market forecast
- Limonene 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 limonene market vendors that include Agroterenas, Arora Aromatics Pvt. Ltd., Astrra Chemicals Pvt. Ltd., Banner Chemicals Ltd., Bell Chem Corp., Citrosuco, Citrus Company of Belize Ltd., Citrus Oleo, Ernesto Ventos SA, Florida Chemical Co., Interstate Commodities Corp., LEMONCONCENTRATE SLU, Mentha and Allied Products Pvt. Ltd., Norkem Ltd., Recochem Inc., Shree Bankey Behari Lal Aromatics, Spectrum Laboratory Products Inc., Sucorrico SA, Univar Solutions Inc., and Weleda Group. Also, the limonene 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 primary and secondary research. 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 accurate market growth.