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Limonene Market is expected to grow at a CAGR of roughly 2.5% over the next five years (2019-2025)

03-19-2019 10:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Research

Limonene Market

Limonene Market

Limonene Market studies an oral dietary supplement containing a natural cyclic monoterpene and major component of the oil extracted from citrus peels with potential chemo preventive and antitumor activities. Limonene is widely used as a flavor and fragrance and is listed to be generally recognized as safe in food by the food and drug administration.

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Limonene is extracted from citrus peels and is mainly concentrated in Brazil, USA and Europe. Currently, there are many producing companies in the world limonene industry. The main players are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo and Ernesto Ventós. The global production of limonene increases to 42944 MT in 2017 from 38371 MT in 2012 with average growth rate of 2.28%. Global limonene capacity utilization rate remained at around 80% in 2016.

In consumption market, the global consumption value of limonene increases with the 3.67% average growth rate. And USA and Brazil are the main consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 59.49% of the global consumption volume in total.

Limonene has many grades, which include pharmaceutical grade, food grade and industrial grade. And each type has application industries relatively.

Global Limonene Market is spread across 120 pages, profiling 10 top companies and supported with tables and figures.

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Limonene Industry Segment by Manufacturers:
• Florida Chemical Company
• Firmenich
• Tropfruit
• Citrosuco
• Citrus Oleo
• Ernesto Ventós
• Sucorrico
• Agroterenas Citrus
• Florachem
• Lemon Concentrate

With pharmaceutical value and flavor effect of limonene, the downs downstream application industries will need more limonene products. So, limonene has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance limonene through improving technology.

The worldwide market for Limonene is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 340 million US$ in 2024, from 300 million US$ in 2019, according to a new study.

This report focuses on the Limonene in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Types can be divided into:
• Pharmaceutical Grade
• Food Grade
• Industrial Grade

Market Segment by Applications can be divided into:
• Pharmaceuticals Industry
• Food Additives
• Daily Chemicals Products
• Chemical Industry
• Others

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

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