Citral Market To Surpass US$ 1,724.5 Million By 2027

Citral is also largely used across the food & beverage industry due to the presence of vitamins such as vitamin A that permit a higher degree of biological activity. As the health consciousness among the millennial and geriatric population is increasing at a rapid pace, the demand for citral-based natural and organic food products is estimated to boost in the near future.

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Key companies covered as a part of this study include BASF SE, Beijing Lys Chemicals Co. Ltd., Indukern SA, Household Care and Fine Chemicals, Kuraray Co. Ltd., Privi Specialty Chemicals Limited, Rajkeerth Aromatics and Biotech Pvt. Ltd., Symrise AG, Takasago International Corporation, Vee kay International, and Zhejiang Xinchechang Co. Ltd.

Market Opportunities

Health concerns due to the consumption of unhealthy and junk food among the millennial population is increasing at a rapid pace. As citral contains lemon oil possessing antimicrobial qualities, its usage in several food and beverages is gaining traction across the globe.

Europe accounted for major market share in 2019. The growth of the food & beverages sector in the region is expected to drive demand for citral during the forecast period.

Market Opportunities

Health concerns due to the consumption of unhealthy and junk food among the millennial population is increasing at a rapid pace. As citral contains lemon oil possessing antimicrobial qualities, its usage in several food and beverages is gaining traction across the globe.

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Detailed Segmentation:

Global Citral Market, By Type:
Natural Citral
Synthetic Citral
Global Citral Market, By Application:
Lemon Essence
Vitamin
Menthol
Others

Global Citral Market, By End-use Industry:
Cosmetics & Personal Care
Household Care
Pharmaceuticals
Food & Beverages
Others

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This release was published on openPR.