openPR Logo
Press release

Naturally-Sourced Citronella Oil to be in Great Demand Through 2022

07-28-2021 01:50 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

According to the recent report published by Fact.MR, the global market for citronella oil is expected to grow at a sluggish pace, procuring just over US$ 70 Mn value by the end of 2022. Lack of awareness regarding the benefits of citronella oil in aromatherapy is expected to curb the growth of global market.

For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=S&rep_id=89&utm_source=openpr&utm_medium=Prasad

The market is also expected to witness restraints due to rising adoption of remedies substituting aromatherapy, which is lowering the demand for essential oils such as citronella oil.

Key Insights from the Report include:

• In 2017, over two-fifth of global citronella oil market value will be accounted by sales of citronella oil in absolute form. On-shelf availability of citronella oil in absolute form is also expected to gain traction owing to relatively easier production compared to concentrates of citronella oil.
• Therapeutics, aromatherapy and production of food & beverage products are expected to remain the three most prominent applications of citronella oil. Through 2022, these three applications will account for more than half of the global citronella oil market value.
• In 2014, the European Commission announced the approval of herbicide made from citronella oil, specifying a few amends that mitigate potential risks to workers, residents, ground water and non-target organisms. The report projects that favorable government-supported sanctions as such will boost the growth of citronella oil market in Europe. In 2017 and beyond, Europe is expected to remain the largest market for citronella oil, expanding at a steady CAGR of 4.9%.

For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=89&utm_source=openpr&utm_medium=Prasad

• The demand for citronella oil in North America is expected to remain low. Consumers in the US and Canada are less likely to be aware of benefits of essential oils such as citronella oil in aromatherapies. Higher inclination of consumers in North America towards instant therapeutic remedies is impeding the preference to citronella oil-based aromatherapy. Over the forecast period, the citronella oil market in North America is expected to reflect the lowest CAGR, becoming the least attractive region for market players.
• The report predicts that nearly eight out of ten citronella oil products sold in the global market will be sourced naturally. The demand for organically sourced citronella oil will remain relatively low, creating an incremental opportunity of just over US$ 2 Mn between 2017 and 2022.
• Modern trade outlets and franchise outlets will be observed as the two largest channels for distribution of citronella oil in the global market. However, revenues individually amassed from global sales of citronella oil through modern trade outlets and franchise outlets are expected to grow moderately, reflecting around 4% CAGRs throughout the forecast period.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/89?utm_source=openpr&utm_medium=Prasad
Market Taxonomy

By Source Type
• Natural
• Organic

By Form Type
• Absolute
• Concentrates
• Blends

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/10/07/1925890/0/en/Mycoprotein-Products-a-US-200-Million-Market-Will-Be-the-Future-of-Nutritive-Non-Meat-Protein-Finds-Fact-MR.html

IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Green Fields Oil Factory, Aksuvital, Plant Therapy Essential Oils, Linonel Hitchen Essential Oils Ltd., Shaanxi Guanjie Technology Co., Young Living Essential Oils LC, Synthite Industries Ltd., Bio Extracts private limited, D?TERRA International, Greenleaf Extractions Pvt Ltd, and Natures Natural India are profiled in the report as key players that will remain active in the expansion of global citronella oil market through 2022.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/76/citronella-oil-market

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Naturally-Sourced Citronella Oil to be in Great Demand Through 2022 here

News-ID: 2339032 • Views:

More Releases from Fact.MR

Surface Protection Tapes Market is Expected to Reach a Valuation of USD 43.4 billion by 2035 | FactMR Analysis
Surface Protection Tapes Market is Expected to Reach a Valuation of USD 43.4 bil …
The global surface protection tapes market is projected to increase from USD 19.2 billion in 2025 to USD 43.4 billion by 2035, with a compound annual growth rate (CAGR) of 8.5% during the forecast period. These tapes are essential in safeguarding surfaces like glass, metal, plastic, and aluminum from scratches, dust, and other damages during manufacturing, transportation, and installation processes. For More Insights into the Market, Request a Sample of this
Ferrosilicon Magnesium Market is Expected to Reach a Value of USD 2.85 billion with 5.3% CAGR by 2035.
Ferrosilicon Magnesium Market is Expected to Reach a Value of USD 2.85 billion w …
The global ferrosilicon magnesium market is poised for significant growth, projected to expand from USD 1.7 billion in 2025 to USD 2.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 5.3%. This growth is primarily driven by the increasing demand for ductile iron, which is extensively used in automotive, construction, and machinery manufacturing industries. Ferrosilicon magnesium, a crucial nodulizer in ductile iron production, plays a pivotal role in
One-Component Foam Market is Projected to Reach a Valuation of USD 7.8 billion by 2035 | FactMR Report
One-Component Foam Market is Projected to Reach a Valuation of USD 7.8 billion b …
The global one-component foam market is pegged at USD 4.5 billion in 2025 and is expected to rise to USD 7.8 billion by 2035, reflecting a solid compound annual growth rate (CAGR) of 5.6% over the forecast period. This growth is being driven by increasing use of moisture-cured polyurethane sealants across residential and commercial construction. Manufacturers are also innovating with low-VOC and fire-resistant foam solutions to comply with stricter green
Fumaric Acid Market is Expected to Reach a Valuation of USD 1,142.6 million by 2035 | FactMR Analysis
Fumaric Acid Market is Expected to Reach a Valuation of USD 1,142.6 million by 2 …
The global fumaric acid market is projected to expand substantially, increasing from USD 591.8 million in 2025 to USD 1,142.6 million by 2035, representing a compound annual growth rate (CAGR) of 6.8% over the forecast period. This remarkable growth is driven by rising applications across pharmaceutical, food and beverage, chemical, and construction sectors, all underpinned by increasing demand for natural and functional additives. Extraction Types Fumaric acid can be extracted using several

All 5 Releases


More Releases for Oil

Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil …
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, and passenger automobiles. Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period. Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New …
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. The
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028. Glance our 200 slides market research and competitive intelligence research report,
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,