According to a new market report published by Lucintel, the future of the orange oil market looks promising with opportunities in the food and beverage, cosmetic and personal care, home care, and other industrial applications. The global orange oil market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are rising demand for products with natural ingredients as well as increasing use of natural home care and cosmetics by consumers and increasing usage of orange oil in aromatherapy.
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In this market, bitter orange oil, sweet orange oil, orange bosom, and petit grain oil are the major product types. Lucintel forecasts that bitter orange oil will remain the largest product type segment over the forecast period due to its increasing usage in the personal care industry for preparing lotions that can help in treating various skin conditions.
Within this market, food and beverages will remain the largest application segment over the forecast period due to its property of providing fruity flavor to various food products, like bakery products, confectionaries, and carbonated beverages.
Europe will remain the largest region over the forecast period owing to growing consumer preferences for natural products and increased standard of living in the region.
Symrise, Bontoux, Lionel Hitchen, Young Living Essential Oils, Citrus Oleo, doTERRA, Mountain Rose Herbs, and Citromax are among the major suppliers in the global orange oil market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global orange oil market by application, product type, source, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Orange Oil 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 orange oil market by application, product type, source, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food and Beverages
Cosmetic and Personal Care
Home Care
Other Industrial
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Bitter Orange Oil
Sweet Orange Oil
Orange Bosom Oil
Petit Grain Oil
By Source [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
Germany
France
China
India
South Korea
Japan
This 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.
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