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

07-26-2021 05:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

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

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

Coherent Market Insights is a global market intelligence and consulting organization, focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods.

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