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Grapefruit Oil Market by End use (Household Care, Healthcare, Cosmetics and Personal Care), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Pharmaceuticals, Online Retail) and by Application (Aromatherapy, Skin Ca
Global Grapefruit Oil Market
One of the major factors driving the growth of the grapefruit oil market is the increasing demand for natural and organic products. As consumers become more health-conscious and environmentally aware, there is a growing preference for products that are derived from natural sources. Grapefruit oil is a natural product that is free from synthetic chemicals, making it an attractive ingredient for use in a variety of consumer products.
The cosmetics and personal care industry is one of the major end-users of grapefruit oil. The oil is used in a range of products, including skincare, hair care, and fragrances. The anti-inflammatory, antiseptic, and antioxidant properties of grapefruit oil make it a popular ingredient in cosmetics and personal care products.
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The food industry is also a significant end-user of grapefruit oil. The oil is commonly used as a flavoring agent in a variety of food and beverage products, including soft drinks, candies, and desserts. The tangy and slightly bitter taste of grapefruit oil makes it a popular choice for adding flavor to food products.
Due to the range of volatile compounds it contains, grapefruit oil is a food that burns fat. As a result of its strong flavour and natural fragrance, grapefruit oil is recognised as a multifunctional oil. Antioxidants and phytochemicals included in grapefruit oil help to lower oxidative stress and inflammation. Grapefruit oil contains myrcene, vitamin C, pinene, terpenes, and citronellol. Along with muscle aches, fatigue, and arthritis, it is used to treat respiratory and throat infections. limonene, a crucial component that makes up 80-90% of grapefruit oil, is responsible for the majority of the advantages of the oil. Limonene shields DNA from damage and aids in the fight against cancer and tumours. Natural detoxifying agents like grapefruit oil help the liver remove toxins from the body. Even the lymphatic system's activation and fluid retention management are aided by it. It is an antibacterial component that can help get rid of harmful food-borne pathogens. By encouraging relaxation, it helps with stress management.
Global Grapefruit Oil Market- Segmental assessment
By End Use
• Household Care
• Healthcare
• Cosmetics and Personal Care
The healthcare segment is poised to amass notable gains over the stipulated timeframe owing to the wide array of health benefits offered by grapefruit oil.
By Application
• Aromatherapy
• Skin Care
• Hair Care
By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Pharmaceuticals
• Online Retail
The online retail segment is expected to generate significant returns over the estimated timeline due to the growing internet penetration across the globe.
Global Grapefruit Oil Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to account for a high volume share over 2022-2030. This is attributable to the increasing health cognizance of the masses, rising popularity of aromatherapy, and surging R&D activities in the field.
Global Grapefruit Oil Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this marketplace are Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading, Alabama Essential Oil Company, Citromax Flavors Inc. (Citromax S.A.C.I.), Fischer S/A - Com. Ind. e Agricultura (Citrosuco Paulista SA), Bontoux S.A.S, Citrus and Allied Essences Ltd, Citrus Oleo, Lionel Hitchen Essential Oils Ltd, Young Living Essential Oils LC:, Symrise AG, do Terra International, and Mountain Rose Herbs Inc.
Report scope
Global Grapefruit Oil Market: Historical Trends- 2018-2021
Global Grapefruit Oil Market: Forecast Years- 2022-2030
Global Grapefruit Oil Market 2022- USD 385 million
Global Grapefruit Oil Market CAGR- 4%
Key segments reported-
• By End Use (Household Care, Healthcare, and Cosmetics and Personal Care)
• By Application (Aromatherapy, Skin Care, and Hair Care)
• By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Pharmaceuticals, and Online Retail)
Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading, Alabama Essential Oil Company, Citromax Flavors Inc. (Citromax S.A.C.I.), Fischer S/A - Com. Ind. e Agricultura (Citrosuco Paulista SA), Bontoux S.A.S, Citrus and Allied Essences Ltd, Citrus Oleo, Lionel Hitchen Essential Oils Ltd, Young Living Essential Oils LC:, Symrise AG, do Terra International, and Mountain Rose Herbs Inc.
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COVID-19 Impact Analysis
• In the early part of 2020, COVID-19 started to spread around the world, infecting millions of individuals, and leading several developed nations to order work stoppages and foot prohibitions. With the exception of products for life support and medical supplies, the majority of industries have suffered significant losses. Even the grapefruit oil industry has suffered greatly.
• The pandemic slowed down the supply chain, and companies have complained about lengthy delays in getting the raw materials they need. This has made inventory management extremely challenging for producers.
• The tight restrictions and the lack of labour contributed to a decline in the production and sales of grapefruit oil.
Top Impacting Factors
• Due to the numerous health advantages that grapefruit oil offers, the market for grapefruit oil is anticipated to rise at a moderate rate.
• Grapefruit oil is a suitable component for the creation of various antibacterial and disinfection agents due to its exceptional antimicrobial and antiviral capabilities as well as its inherent disinfectant properties.
• Additionally, grapefruit oil can be used to successfully treat a number of skin infections, which is expected to support the market's continued growth.
• Leading producers of grapefruit oil who compete on the global grapefruit oil market are battling this imbalance between supply and demand, which has led to the creation of new products.
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Questions Answered in the Grapefruit Oil Market Research Report
• Which are the leading players active in the grapefruit oil market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
• What is grapefruit oil market prediction in the future?
• Which will be the niches at which players profiling with recent advancements should set a presence?
• What are the driving factors and opportunities in the market?
• What are the current trends and predicted trends?
• What are the challenges faced in the grapefruit oil market?
In conclusion, the global grapefruit oil market is expected to witness significant growth in the coming years, owing to increasing demand from various end-use industries and technological advancements in the production processes. However, the market may face challenges such as regulatory hurdles and availability of cheaper alternatives, which need to be addressed by industry players to ensure sustained growth.
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