Citrus Oil Market Report, By Type (Orange, Lemon, Lime, Grapefruit), Application (Food & Beverages, Personal Care, & Cosmetics, Aromatherapy, Pharmaceuticals) and Geography- Global Market Share, Trend Analysis & Forecast

Citrus oil is a distilled oil extracted from citrus fruits like lemon, lime, orange, grapefruit etc. and largely used on aromatherapy. Essential Oils made from citrus fruits are a rich source of bio-functional combinations with several health advantages, involving antioxidant, antimicrobial, anti-inflammatory, and cytoprotective activities. They are blends of more than 200 components that can be classified into 2 fractions which contain monoterpenes and sesquiterpenes hydrocarbons as well as their oxygenated products along with aliphatic aldehydes, alcohols and esters. Today citrus fruit, juice or peel oils are presently used in almost everything from food or food preparations, soft drinks, ice cream, candy, pharmaceutical preparations, air fresheners, cleaning products, solvents as well as colognes and fine perfumes.

Market Dynamics- Global Citrus Oil Market

The demand for the global citrus oil has been increasing owing to the medical advantages aided by these oils. Furthermore, the utilization of citrus oils in the food and beverages industry has also played an integral role in the growth of this market because citrus oil is used as a flavouring agent and taste-enhancer in several food products. It is safe to expect that the discovery of new uses and applications of citrus oil would further propel demand within the global market for citrus oil.

Besides all this, the cosmetics industry has also emerged as a prominent consumer in the global market for citrus oil in recent times. The effect of citric products on human skin is believed to be a source of replenishment which is a key driver within the global market for citrus oil. Furthermore, the pharmaceutical industry is another key consumer in the global citrus oil market which shall in turn drive market demand in the years to come. 

Citrus Oil Market Segmental Overview

The study analyses Global Citrus Oil market based on type, application and geography. 

• By type, the market is classified into orange, lemon, lime, grapefruit etc. Orange is anticipated to overshadow all other types owing to its fragrant and mixing properties. Orange oil is unique solution for hypertension. 
• The market finds application in food & beverages, personal care & cosmetics, aromatherapy, pharmaceuticals etc. Food & beverage industry is anticipated to continue its domination over the forecast period. Several citrus oils such as grapefruit and lemon oil are extensively used for skin treatment and massages owing to its immune stimulating characteristics. 

Citrus Oil Market by Geography

Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Europe is anticipated to dominate lead by Germany and Spain. Growing demand for natural cosmetics, fragrance, beauty products and medicinal products are the major factors driving the market growth in this region. Followed by Europe is likely to be North America led by the U.S., Canada and Mexico. Asia Pacific is anticipated to be growing at a faster rate during the forecast period owing to mounting population and rising number of spas and massage parlors in this region. The market is projected to display constant growth in both developed and developing regions. The

Global Citrus Oil Market-Key Players

The key players in the Lionel Hitchen Ltd., Citrus and Allied Essences Ltd, doTERRA International, LLC., Citromax Flavors Inc., Symrise AG, Bontoux S.A.S., Young Living Essential Oil LC, Mountain Rose Inc., The Lebermuth Co., among others.