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Citronella Oil Market Likely To Attain US$ 193.83 Million by 2032, With a CAGR of 5.4 % from 2023 - 2032

06-19-2024 02:17 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Citronella Oil Market

Citronella Oil Market

Citronella Oil Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global citronella oil market, a rapidly expanding industry, was estimated to be worth USD 115.05 million in 2022. Projections indicate a significant growth potential, with the market predicted to expand to USD 193.83 million by 2032, reflecting a robust CAGR of 5.4% during the forecast period from 2023 to 2032.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/citronella-oil-market/request-for-sample

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:
This comprehensive study provides an accurate overview of the worldwide citronella oil industry. It includes comprehensive analyses of sales volume, price, revenue, market share, and important companies. The market is further divided into segments by type, grade, end-use industry, and region, offering a comprehensive picture of the market's state.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Citronella oil is an essential oil derived from the leaves and stems of many species of Cymbopogon (lemongrass). The oil is widely used to produce fragrance compounds such as citronellal, citronellol, and geraniol. These compounds are used in the soap, candles, and incense industries, fragrance, cosmetics, and flavoring industries around the world. Citronella oil contains potent antifungal effects.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
With so many businesses involved, the industry is projected to become more competitive as it continues to grow.

๐‡๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ:
โ€ข Aksuvital Inc
โ€ข Aromaaz International Corporation
โ€ข Bio Extracts privately limited
โ€ข DoTERRA International Corporation
โ€ข Green Fields Oil Factory Limited
โ€ข Greenleaf Extractions Pvt Ltd
โ€ข IL Health and Beauty Natural Oils Co. Inc.
โ€ข Lionel Hitchen Essential Oils Ltd
โ€ข Natures Natural India Corporation
โ€ข Plant Therapy Essential Oils
โ€ข Synthite Industries Ltd.
โ€ข Shaanxi Guanjie Technology Co.
โ€ข Young Living Essential Oils LC

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/buy/1980/2

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:
Citronella oil is frequently used to relieve pain and inflammation in cases of arthritis and joint discomfort. Also, it can relieve shortness of breath, mucus secretion, infection of the throat or sinuses, and bronchitis symptoms. The numerous benefits citronella oil offers drives the growth of the citronella oil market.

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional research, the US market dominated the North American market for essential oils. The popularity of products made with only natural components is rising as people become more aware of sustainable living, wellness, and healthy living. The Asia Pacific region is predicted to grow at the highest CAGR in the citronella oil market. This results from the ideal farming climate, cheap labor, and plenty of natural resources.

๐ˆ๐ฆ๐ฆ๐ž๐ซ๐ฌ๐ž ๐˜๐จ๐ฎ๐ซ๐ฌ๐ž๐ฅ๐Ÿ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/citronella-oil-market

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ
Despite its promising growth trajectory, the citronella oil market faces challenges such as fluctuating raw material prices and seasonal variations in citronella grass production. Moreover, regulatory constraints and quality control issues in some regions pose challenges to market players aiming for consistent product quality and compliance with international standards.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The future of the citronella oil market looks promising with sustained demand from various end-use industries. Innovations in extraction techniques, coupled with advancements in biotechnology for enhancing oil yield from citronella grass, are expected to drive market growth. Furthermore, strategic collaborations between key players and research institutions to explore new applications of citronella oil are likely to create lucrative opportunities in the coming years.

๐”๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐Ž๐ฎ๐ซ ๐“๐จ๐ฉ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐€๐œ๐ญ๐ข๐ฏ๐š๐ญ๐ž๐ ๐๐ฅ๐ž๐š๐œ๐ก๐ข๐ง๐  ๐„๐š๐ซ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/activated-bleaching-earth-market

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐‚๐š๐ฅ๐œ๐ข๐ฎ๐ฆ ๐’๐ข๐ฅ๐ข๐œ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/active-calcium-silicate-market

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/active-insulation-market

๐€๐๐ก๐ž๐ฌ๐ข๐จ๐ง ๐๐ซ๐จ๐ฆ๐จ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/adhesion-promoter-market

๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/adhesive-equipment-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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