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Citrus Essential Oils Market: Consumption Remains Robust in F&B Sector || Key Players: Citrus Oleo, Lionel Hitchen (Essential Oils) Ltd, Bontoux S.A.S., itrus and Allied Essences Ltd.
Citrus essential oils market continues to witness widespread adoption in multiple industrial applications, ranging from cosmetics and health care, to food and beverages. Aromatherapy is another application area of citrus essential oils where demand remains significant in light of their effective therapeutic attributes. According to a recent analysis by Fact.MR, the citrus essential oils sales increased by over 3000 tons in 2018 over 2017.The study opines sales of citrus essential oils manufactured using grapefruits to witness relatively faster momentum, as chemical constituents of grapefruit are sought-after across various industries. Grapefruit-derived citrus essential oil sales are expected to grow 2X faster than their counterparts in 2019. Additionally, health benefits of grapefruit essential oils such as weight loss, improved immunity, and alleviation of stress, has led its adoption among producers of the citrus essential oils in line with increased consumer affinity for such products.
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Citrus Essential Oils to Gain Popularity as Natural Preservatives
Emphasis on preservative packaging continues to rise in the food & beverage sector, as longer shelf-life gains ground as an essential requirement in line with the modern-day trade practices that involve time-intensive transportation of products across borders and oceans. Although use of synthetic antimicrobials and preservatives is prevalent among F&B companies to prevent spoilage, risk of chronic disease from a number of commonly-used synthetic preservatives is a persisting challenge in the marketplace.
Citrus Essential Oils – About the Report
Fact.MR recently published a new report on the citrus essential oils market, which provides meaningful insights into the citrus essential oils market. An estimated projection is offered for the citrus essential oils market during the 2018-2028 period. The report provides an in-depth analysis of the citrus essential oils market considering all aspects that influence the supply & demand.
Citrus Essential Oils – Market Structure
The citrus essential oils market report provides a comprehensive market breakdown on the basis of value, volume, CAGR, and Y-o-Y growth. A detailed analysis of the citrus essential oils market on the basis of region, the source of citrus essential oils, grade type, fold type, end-use industry, and sales channel is also included in the report.
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Online Retail Stores to Lead Citrus Essential Oils Sales
Globalization and pervasive proliferation of the internet worldwide have streamlined the modern-day trade practices. Following the trend, online retail stores have emerged as fastest growing distribution channel for various consumer as well as industrial goods, and citrus essential oils are no exception. With aggressive marketing campaigns and lucrative discounts, online retailers continue to win over consumers and consolidate their position in the market
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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