Citrus Oil Market Size, Share & Trends Analysis Report By Product (Orange Oil, Lemon Oil), By Application (Personal Care, Food & Beverages, Aromatherapy), By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global citrus oil market size is anticipated to reach USD 10.03 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% during the forecast period. Growing demand for plant based extracts such as colorants and flavorants and to increase nutritional content of food and beverages is projected to propel the growth.

Citrus oil is widely available in many countries including U.S., U.K., and Germany and is commonly used in food and beverages. Orange oil led the market in 2018 and is expected to maintain its dominant position throughout the forecast period. Increasing use of the product in skin care products is the main factor driving the demand. Orange oil is used for the treatment of acne and to encourage skin rejuvenation. Furthermore, regular use of orange oil helps regulate blood flow to skin, fueling the demand for orange oil from the cosmetic industry.

The market for citrus essential oil is expected to witness significant growth over the forecast period. Increasing spa and rejuvenation centers across the world is expected to drive the product demand. Key players focus on innovation and new product development to increase their product offerings. For instance, in 2018, Youngevity introduced a new product called Mineral Man, offering citrus oil-based skin care and hair care products.

Europe held the largest market share of 39.5% in 2018, owing to rising consumer awareness regarding the benefits of citrus oils. Moreover, growing demand for natural cosmetic and plant extracts to enhance natural content is driving the regional product demand. Asia Pacific, on the other hand, is expected to witness the fastest CAGR of 8.4% from 2019 to 2025.

Further key findings from the report suggest:

• Lemon oil segment is anticipated to ascend at the fastest CAGR of 7.5% over the forecast period

• Orange oil segment led the global market with an overall revenue share of 29.4% in 2018

• Food and beverages segment is expected to reach USD 3.42 billion by 2025

• The citrus oil market is highly competitive in nature with the presence of leading players including Young Living Essential Oils, Plant Therapy Essential Oils, TERRA Holdings, LLC, Moksha Lifestyle Products, Farotti Essenze, and Mountain Rose Herbs

• Manufacturers concentrate on new product launches, capacity expansion, and innovations to cater to the rising demand

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Citrus Oil Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Citrus Oil Market
                  3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Citrus Oil Market: By Product Estimates & Trend Analysis
                  5.1. Product Movement Analysis & Market Share, 2018 & 2025
                  5.2. Orange oil
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Lemon oil
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.4. Lime Oil
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.5. Grapefruit oil
                      5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.6. Others
                      5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Citrus Oil Market: by Application Estimates & Trend Analysis
                  6.1. Application Movement Analysis & Market Share, 2018 & 2025
                  6.2. Personal Care
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Food & Beverages
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.4. Pharmaceuticals
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.5. Aromatherapy
                      6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Citrus oil Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2015 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.3.4. Germany
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.3.5. U.K.
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.4.4. China 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.4.5. India
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.5.4. Brazil
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.5.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                  9.1. The Lebermuth Co. Inc.
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Mountain Rose Inc.
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Young Living Essential Oils LC
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Bontoux S.A.S.
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Symrise AG
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. Citromax Flavors Inc.
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. doTERRA International, LLC.
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Citrus and Allied Essences Ltd.
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives

List of Tables

1. Citrus Oil Market - Key market driver analysis
2. Citrus Oil Market - Key market restraint analysis
3. Global orange oil market estimates and forecast, 2015 - 2025 (USD Million)
4. Global lemon oil market estimates and forecast, 2015 - 2025 (USD Million)
5. Global lime oil market estimates and forecast, 2015 - 2025 (USD Million)
6. Global other market estimates and forecast, 2015 - 2025 (USD Million)
7. Global citrus oil market estimates and forecast by personal care, 2015 - 2025 (USD Million)
8. Global citrus oil market estimates and forecast by food & beverages, 2015 - 2025 (USD Million)
9. Global citrus oil market estimates and forecast by pharmaceuticals, 2015 - 2025 (USD Million)
10. Global citrus oil market estimates and forecast by aromatherapy, 2015 - 2025 (USD Million)
11. North America Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
12. North America Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
13. North America Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
14. U.S. Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
15. U.S. Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
16. U.S. Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
17. Europe Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
18. Europe Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
19. Europe Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
20. Germany Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
21. Germany Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. Germany Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
23. Asia Pacific Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
24. Asia Pacific Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
25. Asia Pacific Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
26. China Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
27. China Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
28. China Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
29. India Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
30. India Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
31. India Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
32. Central & South America Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
33. Central & South America Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. Central & South America Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
35. Brazil Citrus Oil market estimates and forecast, 2015 - 2025 (USD Million)
36. Brazil Citrus Oil market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
37. Brazil Citrus Oil market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
38. MEA Citrus Oil market estimates and forecast, 20145- 2025 (USD Million)
39. MEA Citrus Oil market revenue estimates and forecast by product, 2015- 2025 (USD Million)
40. MEA Citrus Oil market revenue estimates and forecast by application, 2015- 2025 (USD Million)
41. Vendor Landscape

List of Figures

1. Citrus Oil market snapshot 
2. Citrus Oil market segmentation & scope
3. Citrus Oil market penetration & growth prospect mapping
4. Citrus Oil value chain analysis
5. Citrus Oil market dynamics
6. Citrus Oil market Porter's analysis 
7. Citrus Oil market: Product movement analysis 
8. Citrus Oil market: Application movement analysis 
9. Citrus Oil market: Regional movement analysis