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Global Citrus Oil Market to Grow at a CAGR of 6% During 2021-2026, Aided by the Growing Demand from Various Application Segments

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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Global Citrus Oil Market: By Origin: Organic, Conventional; By Oil Type: Orange, Lemon, Lime, and Bergamot Oil, Others; By Application: Food and Beverage, Cosmetic and Personal Care, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Citrus Oil Market Outlook

The global citrus oil market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026.

 

Citrus Oil Market

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Multifunctional Properties of Citrus Oil to Augment the Market Growth

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.

 

Citrus Oil Market by Application

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Citrus Oil: Industry Definition and Segmentation

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:

  • Organic
  • Conventional

Based on oil type, the industry can be segmented into:

  • Orange Oil
  • Lemon Oil
  • Lime Oil
  • Bergamot Oil
  • Mandarin Oil
  • Grapefruit Oil
  • Tangerines Oil
  • Others

The various applications of citrus oil are:

  • Food and Beverage 
  • Cosmetic and Personal Care
  • Pharmaceuticals
  • Aromatherapy
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Citrus Oil Market by Region

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Growing Demand for Natural Products to Boost the Demand for Citrus Oil

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.

 

Key Industry Players in the Global Citrus Oil Market

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:

  • Döhler GmbH
  • Lebermuth, Inc.
  • Firmenich SA
  • Treatt Plc
  • Lionel Hitchen Limited
  • Citrus and Allied Essences Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Citrus Oil Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Citrus Oil Historical Market (2016-2020) 
    8.3    Global Citrus Oil Market Forecast (2021-2026)
    8.4    Global Citrus Oil Market by Origin
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    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 (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Lemon Oil
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Lime Oil
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Bergamot Oil
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Mandarin Oil
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Grapefruit Oil
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Tangerines Oil
            8.5.7.1    Market Share
            8.5.7.2    Historical Trend (2016-2020)
            8.5.7.3    Forecast Trend (2021-2026)
        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 (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Cosmetic and Personal Care
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Pharmaceuticals
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Aromatherapy
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Others
    8.7    Global Citrus Oil Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis
    12.1    Major Exporting Countries:
        12.1.1     By Value 
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1     By Value
        12.2.2     By Volume
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2020) & Forecast (2021-2026)
    13.2    Europe Historical Price Trends (2016-2020) & Forecast (2021-2026)
    13.3    Asia Pacific Historical Price Trends (2016-2020) & Forecast (2021-2026)
    13.4    Latin America Historical Price Trends (2016-2020) & Forecast (2021-2026)
    13.5    Middle East & Africa Historical Price Trends (2016-2020) & Forecast (2021-2026)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Döhler GmbH
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Lebermuth, Inc.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Firmenich SA
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Treatt Plc
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Lionel Hitchen Limited
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Citrus and Allied Essences Ltd.
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Industry Events and Developments

 

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 Figures and Tables

1.    Global Citrus Oil Market: Key Industry Highlights, 2016 and 2026
2.    Global Citrus Oil Historical Market: Breakup by Origin (USD Million), 2016-2020
3.    Global Citrus Oil Market Forecast: Breakup by Origin (USD Million), 2021-2026
4.    Global Citrus Oil Historical Market: Breakup by Oil Type (USD Million), 2016-2020
5.    Global Citrus Oil Market Forecast: Breakup by Oil Type (USD Million), 2021-2026
6.    Global Citrus Oil Historical Market: Breakup by Application (USD Million), 2016-2020
7.    Global Citrus Oil Market Forecast: Breakup by Application (USD Million), 2021-2026
8.    Global Citrus Oil Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Citrus Oil Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Citrus Oil Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Citrus Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Citrus Oil Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Citrus Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Citrus Oil Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Citrus Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Citrus Oil Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Citrus Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Citrus Oil Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Citrus Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
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 2016-2026
25.    Europe Historical Price Trends and Forecast 2016-2026
26.    Asia Pacific Historical Price Trends and Forecast 2016-2026
27.    Latin America Historical Price Trends and Forecast 2016-2026
28.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
29.    Global Citrus Oil Market Structure

Key Questions Answered in the Report

What is the growth rate of the global citrus oil market?

The global citrus oil market is projected to grow at a CAGR of 6% between 2021 and 2026.

What are the major industry drivers?

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.

What are the key industry trends of the global citrus oil market?

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.

What are the major regional markets of citrus oil, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major origins of citrus oil in the market?

The major origins of citrus oil in the market are organic and conventional.

What are the leading oil types in the industry?

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.

What are the significant application segments in the market?

The significant application segments in the market are food and beverage, cosmetic and personal care, pharmaceuticals, and aromatherapy.

Who are the key industry players, according to the report?

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.

Analyst Review

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 2021-2026, 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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