Global Limonene Market Growth 2023-2029

Global Limonene Market Growth 2023-2029

Limonene is an oral dietary supplement containing a natural cyclic monoterpene and major component of the oil extracted from citrus peels with potential chemo preventive and antitumor activities. Limonene is widely used as a flavor and fragrance and is listed to be generally recognized as safe in food by the food and drug administration.

LPI (LP Information)' newest research report, the “Limonene Industry Forecast” looks at past sales and reviews total world Limonene sales in 2022, providing a comprehensive analysis by region and market sector of projected Limonene sales for 2023 through 2029. With Limonene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Limonene industry.

This Insight Report provides a comprehensive analysis of the global Limonene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Limonene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Limonene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Limonene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Limonene.

The global Limonene market size is projected to grow from US$ 266.7 million in 2022 to US$ 242.5 million in 2029; it is expected to grow at a CAGR of 242.5 from 2023 to 2029.

Limonene is extracted from citrus peels and is mainly concentrated in Brazil, USA and Europe. Currently, there are many producing companies in the world limonene industry. The main players are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo and Ernesto Ventós, with about 83% market shares. North America is the largest market, with a share about 37%, followed by Latin America and Europe with the share both about 26% and 22%.

This report presents a comprehensive overview, market shares, and growth opportunities of Limonene market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Pharmaceutical Grade

Food Grade

Industrial Grade

Segmentation by application

Pharmaceutical

Food Additives

Daily Chemicals Products

Chemical

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Florida Chemical Company

Firmenich

Tropfruit

Citrosuco

Citrus Oleo

Ernesto Ventós

Sucorrico

Agroterenas Citrus

Florachem

Lemon Concentrate

Key Questions Addressed in this Report

What is the 10-year outlook for the global Limonene market?

What factors are driving Limonene market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Limonene market opportunities vary by end market size?

How does Limonene break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.