Press release
Citrus Oil Market is expected to top US$ 5.3 Bn by 2031
The citrus oil market has seen significant growth in recent years, and increasing demand for citrus-based essentials is anticipated to continue during the forecast period of 2021 to 2031. The global citrus oil market is expected to top US$ 5.3 Bn by 2031, increasing at a steady value CAGR of 5%.
Aromatherapy is the use of aromatic and therapeutic components and substances for the treatment of specific physical problems to achieve relaxation and rejuvenation. Citrus oil is used in a variety of products, including perfumes, massage oils, bathing essentials, and other therapeutic items. The popularity of aromatherapy is growing around the world, and, as a result, demand for convenient and natural oils for therapeutic use is expanding.
Citrus essential oils have seen an increase in demand due to rising use of taste, odorant, and medicinal components across a variety of end-use industries. Consumer interest in aromatherapy is growing, as is consumer preference for plant-derived and natural ingredients, which is boosting citrus oil demand and contributing to revenue growth in the global essential oils market.
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/11143
Company Profiles:
Givaudan SA
Symrise AG
Takasago International Corporation
Firmenich SA
Döhler
Archer Daniels Midland Company
R.C. Treatt & Co. Ltd.
Trilogy Ingredients, Inc.
Lionel Hitchen Limited
Citromax Flavors
Flavor Producers, LLC
LemonConcentrate S.L.
Citrosuco
d?TERRA
Citrus and Allied Essences Ltd.
Bontoux
SNN Natural Product
Ultra International B.V.
A G Industries
Aos Product Pvt. Ltd.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/11143
Key Takeaways from Market Study:
North America holds a major market value share of 34.5% of the global citrus oil market.
The East Asian and South Asian markets for citrus oil have the highest growth potential, and are expected to expand at CAGRs of 8.2% and 7.4%, respectively.
Citrus oil is majorly used in therapeutic massage oils as they are considered as the best natural option for therapeutics and cosmetic products, and, as a result, holds a majority share of 29% in the global market.
Use of citrus oil in home care products is expected to increase at a CAGR of 5.3% for the forecast period.
"Increased demand for citrus oil in several therapeutic massage oils as well as enhanced application across the cosmetics and personal care industry, food & beverage industry, and pharmaceuticals and nutraceuticals, is propelling global market growth," says a Persistence Market Research analyst.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/11143
Competitive Landscape:
Manufacturers are working on expanding their product portfolios due to increased competition. Alongside, he companies are focusing on offering their products to particular regions.
Firmenich S.A. formed a flavor ingredient portfolio called "TasteGEM" with reduced sugar content, where the company designed a range of technical flavor solutions to make healthier and tasty food and beverages.
The flavor portfolio of Trilogy Ingredients Inc. "CitraSence" is made with American and Asian citrus fruits by understanding their nuances to offer something unique to the consumer.
Explore More Valuable Insights:
Persistence Market Research, in its new report, offers an impartial analysis of the global citrus oil market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031. The study offers compelling insights on the basis of type (orange oil, bergamot oil, lemon oil, lime oil, mandarin oil, and grapefruit oil), nature (organic, conventional), and application (food and beverages, cosmetics & personal care, home care products, therapeutic massage oil, other industrial application) and across seven major regions of the world.
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Aromatherapy is the use of aromatic and therapeutic components and substances for the treatment of specific physical problems to achieve relaxation and rejuvenation. Citrus oil is used in a variety of products, including perfumes, massage oils, bathing essentials, and other therapeutic items. The popularity of aromatherapy is growing around the world, and, as a result, demand for convenient and natural oils for therapeutic use is expanding.
Citrus essential oils have seen an increase in demand due to rising use of taste, odorant, and medicinal components across a variety of end-use industries. Consumer interest in aromatherapy is growing, as is consumer preference for plant-derived and natural ingredients, which is boosting citrus oil demand and contributing to revenue growth in the global essential oils market.
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/11143
Company Profiles:
Givaudan SA
Symrise AG
Takasago International Corporation
Firmenich SA
Döhler
Archer Daniels Midland Company
R.C. Treatt & Co. Ltd.
Trilogy Ingredients, Inc.
Lionel Hitchen Limited
Citromax Flavors
Flavor Producers, LLC
LemonConcentrate S.L.
Citrosuco
d?TERRA
Citrus and Allied Essences Ltd.
Bontoux
SNN Natural Product
Ultra International B.V.
A G Industries
Aos Product Pvt. Ltd.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/11143
Key Takeaways from Market Study:
North America holds a major market value share of 34.5% of the global citrus oil market.
The East Asian and South Asian markets for citrus oil have the highest growth potential, and are expected to expand at CAGRs of 8.2% and 7.4%, respectively.
Citrus oil is majorly used in therapeutic massage oils as they are considered as the best natural option for therapeutics and cosmetic products, and, as a result, holds a majority share of 29% in the global market.
Use of citrus oil in home care products is expected to increase at a CAGR of 5.3% for the forecast period.
"Increased demand for citrus oil in several therapeutic massage oils as well as enhanced application across the cosmetics and personal care industry, food & beverage industry, and pharmaceuticals and nutraceuticals, is propelling global market growth," says a Persistence Market Research analyst.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/11143
Competitive Landscape:
Manufacturers are working on expanding their product portfolios due to increased competition. Alongside, he companies are focusing on offering their products to particular regions.
Firmenich S.A. formed a flavor ingredient portfolio called "TasteGEM" with reduced sugar content, where the company designed a range of technical flavor solutions to make healthier and tasty food and beverages.
The flavor portfolio of Trilogy Ingredients Inc. "CitraSence" is made with American and Asian citrus fruits by understanding their nuances to offer something unique to the consumer.
Explore More Valuable Insights:
Persistence Market Research, in its new report, offers an impartial analysis of the global citrus oil market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031. The study offers compelling insights on the basis of type (orange oil, bergamot oil, lemon oil, lime oil, mandarin oil, and grapefruit oil), nature (organic, conventional), and application (food and beverages, cosmetics & personal care, home care products, therapeutic massage oil, other industrial application) and across seven major regions of the world.
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
