PMR Releases New Report on Global Citrus Oil Market forecasted by 2016 - 2026

Citrus oil has various clinical properties such as anti-oxidant, anti-cancer, diuretic, antiseptic, anti-bacterial, weight loosing, right brain stimulant, uplifting, acid neutralizing, appetizer, anti-coagulant, anti-depressant, and immune stimulating. Other uses of citrus oil are cleaning bathroom, kitchen surfaces and hands, removing oil, gum and grease spots, refreshing and stimulating fragrance, anti-stretchmark, scars, spots, on dull and oily skin and many more. Citrus oil is also use for alertness, calming, electrolyte, fear, emotional heart, occasional restlessness, insomnia (sleeplessness), etc.

Citrus oil is consumed by different ways i.e. by applying topically with or without mixing with some other ingredients, inhaling, or oral consumption. Different types of citrus essential oils are sweet orange essential oil, blood orange essential oil, lemon orange essential oil, lime essential oil, grapefruit essential oil, bergamot essential oil, mandarin essential oil, tangerine essential oil, petitgrain essential oil, and neroli essential oil.

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Citrus peel oils have been used widely in beverages, cosmetics, pharmaceuticals, and perfumery industry, whereas seed oils are used in cooking and for treatment of leather and textile. The quality, freshness, and uniqueness of citrus oils are major considerations pertaining to their value and applications. However, large amounts of volatile components, as well as unsaturated compounds, render the oils unstable and prone to change with time and storage conditions. Despite increasing applications of citrus oils, certain challenges related to potential health-damaging properties and contamination of citrus oils is not ignored.

The factors driving the citrus oil market are growing cosmetic and pharmaceutical industry, increasing penetration of essential oil in aroma therapy, and rising demand for flavors and fragrances in food and beverage industry. Other factors driving the citrus oil market are increasing per capita income and rapid industrialization. The factor restraining the market of citrus fruit is its phototoxic action when exposed to the direct sunlight after applying topically. The major trend for the citrus market are stressful lifestyle of people, low cost with high quality and health consciousness of people.

Citrus oil companies have an opportunity to expand their business in Asia pacific as it is having the highest growth rate in essential oil market.

Citrus oil market is segmented by ingredient and application. Citrus oil market is segmented on the basis of raw material as lemon, lime, tangerine, orange, mandarin, petitgrain, blood orange, neroli, bergamot, grapefruit, and other. On the basis of application citrus oil market is segmented as food and beverages, medical, home & cleaning, pharmaceuticals, cosmetics and other industrial applications. On the basis of form of citrus fruits it is segmented as organic fruits and conventional fruits.

Citrus oil market is segmented on the basis of regions into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. Western Europe largest market for citrus oil followed by North America. Citrus oil market is also growing very fast in Asia pacific and south East Asia region.

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The key players in citrus oil market are Young Living, doTERRA, Edens Garden, Native American Nutritional Essential Oils, Rocky Mountain, Plant Therapy, Aura Cacia, Now Foos, Mountain Rose herbs, and Healing Solutions Essential Oils. Other major market players of citrus oil market are Fabulous Frannie Essential Oils, Kis Oils, Plant Guru, ArtNaturals, Majestic Pure, Radha Beauty, Prime Natural, ArOmis, Butterfly Express, and Plantlife.

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This release was published on openPR.