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The global citrus oil market is expected to grow at a CAGR of 6% in the forecast period of 2023-2028.
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The various benefits offered by citrus oil is driving its demand across various sectors and industries. The growing demand for citrus oil as a natural flavouring agent and taste-enhancer in several food products is aiding the industry growth. The aromatic, medicinal, and soothing properties of citrus oil are further driving the product demand in pharmaceutical and cosmetic sectors. Further, the popularity of aromatherapy is also increasing among consumers. The surge in pharmaceutical services amid COVID-19 outbreak is expected to provide enhanced opportunities to the industry over the forecast period.
Region-wise, North America is expected to hold a significant share in the market over the forecast period owing to the presence of advanced food and pharmaceutical industries and the growing demand for plant-based cosmetic products, particularly in the United States and Canada.
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Citrus oil is extracted by cold pressing the rinds of the citrus fruits. The rind squirts a tiny quantity of an aromatic fluid that is comprised of essential oil components. It can also be obtained via the process of steam distillation. Most of the citrus oils help lift an aroma and brighten more earthy, deep aromatics like patchouli, rose, and vetiver. It finds various applications across several industries owing to its refreshing aroma, citrus flavour, therapeutic properties, and soothing effect.
Based on origin, the market is bifurcated into:
Based on oil type, the industry can be segmented into:
The various applications of citrus oil are:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The citrus oil industry is witnessing a robust growth owing to the rising health awareness and growing consumer demand for products with natural ingredients. The growing shift towards organic products is further boosting the industry growth. Other factors like the rising demand for cosmetic and personal care products, increasing disposable incomes, and rapid technological advancements will significantly contribute to the market expansion. Moreover, citrus fruits and vegetables like orange, lemon, and grapefruit, which are the key source of citrus oil, are available in abundance in nature. Thus, the easy availability of citric fruits and vegetables across the world has played a pivotal role in enhancing citrus oil production. Over the forecast period, the growing investments in research and development activities to find new uses of citrus oil are expected to have a positive effect on the expansion of the global market for citrus oil.
The report gives a detailed analysis of the following key players in the global citrus oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Origin, Oil Type, Application, Region |
Breakup by Origin | Organic, Conventional |
Breakup by Oil Type | Orange Oil, Lemon Oil, Lime Oil, Bergamot Oil, Mandarin Oil, Grapefruit Oil, Tangerines Oil, Others |
Breakup by Application | Food and Beverage, Cosmetic and Personal Care, Pharmaceuticals, Aromatherapy, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Döhler GmbH, Lebermuth, Inc., Firmenich SA, Treatt Plc, Lionel Hitchen Limited, Citrus and Allied Essences Ltd., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Citrus Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Citrus Oil Historical Market (2018-2022)
8.3 Global Citrus Oil Market Forecast (2023-2028)
8.4 Global Citrus Oil Market by Origin
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Citrus Oil Market by Oil Type
8.5.1 Orange Oil
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Lemon Oil
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Lime Oil
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Bergamot Oil
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Mandarin Oil
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Grapefruit Oil
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Tangerines Oil
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Citrus Oil Market by Application
8.6.1 Food and Beverage
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Cosmetic and Personal Care
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Pharmaceuticals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Aromatherapy
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Citrus Oil Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2017-2021)
8.7.5.3 Forecast Trend (2022-2027)
9 North America Citrus Oil Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2017-2021)
9.1.3 Forecast Trend (2022-2027)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2017-2021)
9.2.3 Forecast Trend (2022-2027)
10 Europe Citrus Oil Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2017-2021)
10.1.3 Forecast Trend (2022-2027)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2017-2021)
10.2.3 Forecast Trend (2022-2027)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2017-2021)
10.3.3 Forecast Trend (2022-2027)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2017-2021)
10.4.3 Forecast Trend (2022-2027)
10.5 Others
11 Asia Pacific Citrus Oil Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2017-2021)
11.1.3 Forecast Trend (2022-2027)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2017-2021)
11.2.3 Forecast Trend (2022-2027)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2017-2021)
11.3.3 Forecast Trend (2022-2027)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2017-2021)
11.4.3 Forecast Trend (2022-2027)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2017-2021)
11.5.3 Forecast Trend (2022-2027)
11.6 Others
12 Latin America Citrus Oil Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2017-2021)
12.1.3 Forecast Trend (2022-2027)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2017-2021)
12.2.3 Forecast Trend (2022-2027)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2017-2021)
12.3.3 Forecast Trend (2022-2027)
12.4 Others
13 Middle East and Africa Citrus Oil Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2017-2021)
13.1.3 Forecast Trend (2022-2027)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2017-2021)
13.2.3 Forecast Trend (2022-2027)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2017-2021)
13.3.3 Forecast Trend (2022-2027)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2017-2021)
13.4.3 Forecast Trend (2022-2027)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Döhler GmbH
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Lebermuth, Inc.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Firmenich SA
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Treatt Plc
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Lionel Hitchen Limited
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Citrus and Allied Essences Ltd.
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Cost Analysis and Project Economics
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Citrus Oil Market: Key Industry Highlights, 2018 and 2028
2. Global Citrus Oil Historical Market: Breakup by Origin (USD Million), 2018-2022
3. Global Citrus Oil Market Forecast: Breakup by Origin (USD Million), 2023-2028
4. Global Citrus Oil Historical Market: Breakup by Oil Type (USD Million), 2018-2022
5. Global Citrus Oil Market Forecast: Breakup by Oil Type (USD Million), 2023-2028
6. Global Citrus Oil Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Citrus Oil Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Citrus Oil Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Citrus Oil Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Citrus Oil Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Citrus Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Citrus Oil Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Citrus Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Citrus Oil Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Citrus Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Citrus Oil Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Citrus Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Citrus Oil Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Citrus Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Major Importing Countries by Volume (2020)
21. Major Exporting Countries by Volume (2020)
22. Major Importing Countries by Value (2020)
23. Major Exporting Countries by Value (2020)
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Citrus Oil Market Structure
The global citrus oil market is projected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers of the industry, such as rising demand for citrus oil as a natural flavouring agent, the product's aromatic, medicinal, and soothing properties, growing demand from the pharmaceutical and cosmetic sectors, the growing popularity of aromatherapy, increasing health awareness, rising demand for organic products, wide availability of citric fruits and vegetables, and rising disposable incomes, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising technological advancements, growing R&D activities, and the rising consumer demand for products with natural ingredients.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major origins of citrus oil in the market are organic and conventional.
The leading oil types in the industry are orange oil, lemon oil, lime oil, bergamot oil, mandarin oil, grapefruit oil, and tangerines oil, among others.
The significant application segments in the market are food and beverage, cosmetic and personal care, pharmaceuticals, and aromatherapy.
The major players in the industry are Döhler GmbH, Lebermuth, Inc., Firmenich SA, Treatt Plc, Lionel Hitchen Limited, and Citrus and Allied Essences Ltd., among others.
The global citrus oil market is being driven by the rising adoption of aromatherapy. Aided by the technological advancements and the rising demand for organic products, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 6%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By origin, the market is divided into organic and conventional. Based on oil type, the industry is segmented into orange oil, lemon oil, lime oil, bergamot oil, mandarin oil, grapefruit oil, and tangerines oil, among others. On the basis of application, the market is categorised into food and beverage, cosmetic and personal care, pharmaceuticals, and aromatherapy. The major regional markets for citrus oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Döhler GmbH, Lebermuth, Inc., Firmenich SA, Treatt Plc, Lionel Hitchen Limited, and Citrus and Allied Essences Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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