The global Citrus Oil Market was valued at US$ 2,839.0 Mn in 2017, according to Citrus Oil Market Report, By Oil Type (Orange Oil, Lemon Oil, Lime Oil, Grapefruit Oil, and Others), By Application (Food & Beverages, Personal Care & Cosmetics, Aromatherapy, Pharmaceuticals, and Others), published by Coherent Market Insights. The citrus oil market is projected to reach US$ 4,712.5 Mn by 2026, exhibiting a CAGR of 6.67% during the forecast period.
Rising awareness regarding the health benefits of natural ingredients over synthetic chemicals is fuelling growth of the market. Citrus oil is widely used in various industries such as food & beverages, pharmaceuticals, cosmetics & personal care, and for aromatherapy. Increasing cases of skin allergies due to synthetic chemicals, is propelling demand for natural ingredients in the cosmetic & personal care products and thus, supporting the market growth.
For instance, according to Center for Disease Control and Prevention (CDC), there were about 11.6% children aged below 18 years suffering from skin allergies in 2014 in the U.S. Rising prevalence of skin diseases in the region is expected to increase the adoption of natural ingredients over synthetic chemicals such as benzophenone, butylated hydroxytoluene (BHT), and benzyl salicylate among others, in cosmetics and toiletries.
Increasing awareness regarding the harmful effects of synthetic chemicals over human health is supporting the growth of citrus oil market worldwide. For instance, butylated hydroxytoluene is responsible for irritation to the eye and skin.
To know the latest trends and insights prevalent in this market, click the link below:
Browse 150 market data tables* and 90 figures* on "Citrus Oil” - Global forecast to 2026.
Key Trends and Analysis of the Citrus Oil Market:
Key Takeaways of the Market:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Email: [email protected]
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.