According to a new market report published by Lucintel, the future of the citral market looks promising with opportunities in chemicals and others. The global citral market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are rise in demand for perfumed consumer goods, and increase in disposable income of individuals.
In this market, natural citral, and synthetic citral are the major product types. Lucintel forecasts that synthetic citral products will remain the largest segment over the forecast period because synthetic citral is produced from isobutylene, to which formaldehyde is added to form isoprenol, and it is helpful in regulations of food and flavoring.
Lemon essence, vitamin A, lonone, menthol, and others are major applications of citral market. Lemon essence will remain the largest segment by application type over the forecast period because the material used to impart perfume or flavor in products intended for human ingestion.
Asia-Pacific is expected to witness the highest growth over the forecast period because of the demand for the product for use in cosmetics, detergents, perfumes, personal care products, and cleaners in the region.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global citral market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Citral Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global citral market by product type, application, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Natural Citral
Synthetic Citral
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Lemon essence
Vitamin A
Lonone
Menthol
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Germany
France
Italy
Russia
Spain
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.