Limonene Market Report, Size, Share & Outlook - 2024-2031- Arora Aromatics, Elevance & Peace Naturals.

The Limonene Market is projected to expand at a CAGR of 4.8% from 2024 to 2031.

Limonene, an essential oil extracted from citrus fruit peels and other plants, is known for its minimal health and environmental impacts. Its versatility contributes to its growing demand across various industries. In end-user sectors, limonene is utilized as a flavoring agent, fragrance, cleaner (solvent), and ingredient in sanitizers. The increasing application of limonene in these areas is expected to drive significant market growth, with a projected CAGR of 4.3% during the forecast period.

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Market Dynamics:

The global limonene market is experiencing growth driven by increased demand in end-user industries such as food and beverages, cosmetics, chemicals, and pharmaceuticals. The rising preference for natural ingredients and green chemicals is boosting limonene's appeal, given its plant-based origin and minimal adverse environmental impacts. Its therapeutic and aromatic properties make it a popular choice for natural alternatives in foods and traditional medicines, aiding in weight loss, cancer prevention and treatment, and bronchitis management. Limonene is also used as a flavor and fragrance in various food applications and is recognized as safe by the FDA.

Additionally, the anticipated increase in global per capita food consumption by approximately 4% from 2015 to 2030, as reported by the Food and Agricultural Organization (FAO), is expected to further drive market growth. The demand for aerosol propellants and the shift away from ozone-depleting chemicals are also contributing to the positive market trend for limonene in the forecast period.

Market Segmentation:

By Source: Cherries, Lemon, Oranges, Mint, Others.

By Application: Food & Beverages, Cosmetics, Pharmaceuticals, Chemicals, Others.

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Major Players:

• Florida Chemical Company, Inc.
• Company Overview
• Form Portfolio and Description
• Key Highlights
• Financial Overview
• Arora Aromatics
• Elevance
• Bell Chem Corp.
• Peace Naturals
• Sucorrico
• Weleda Australia Pty Ltd.
• Citrus Oleo
• Banner Chemicals Limited

Regional Analysis:

The global Limonene Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Limonene Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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