Global Lime Oil Market Outlook with Size, Ongoing Trends, Top Players Analysis and Forecast 2017-2022

Fact.MR has recently added a new report to its vast online database. This research study is titled as “Lime Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which presents an in-depth study about the production, consumption, market volume, revenue (million USD) and market share across different geographical regions.

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Lime oil is sourced from Citrus aurantifolia of the Rutaceae family and is also famous as Mexican lime, West Indian lime or sour lime. Lime oil has a citrus peel smell and possesses a pale yellow to light olive color. Lime oil is extracted by expression or distillation. The peel of the unripe skin of lime is used for cold expression. Lime oil is also obtained by steam distillation of whole ripe lime or the peel.

Lime oil has got many astonishing benefits and therefore the demand of lime oil is surging in the market. Some of the vast number of benefits that lime oil has include purifying properties - has a number of antioxidants and is antiseptic in nature. When applied in an external form, lime oil can aid in healing of the wounds and ward off infections in the wound. When consumed, lime oil can help in curing infections of the throat, mouth, stomach and the urinary system. Lime oil also has hemostatic properties, and can stop bleeding by promoting the coagulation of the blood. Lime oil also possesses anti-aging properties and can prevent hair loss, wrinkles and muscle weakness. The global lime oil market is forecasted to exhibit a CAGR of 3.8% during the assessment period of 2017-2022.

Key takeaways from the global lime oil market

1. Europe market is expected to dominate the global lime oil market in terms of revenue in the year 2017, and this trend is projected to sustain throughout the forecast period. Europe lime oil market is the most attractive market, demonstrating a steady CAGR during the forecast period.

2. As per the forecast of Fact.MR, the North America market is poised to touch a figure of US$ 112.1 Mn at the end of the forecast period in 2022.

3. APEJ lime oil market is expected to create absolute $ opportunity of US$ 16.4 Mn between 2017 and 2022.

4. Fact.MR forecasts the natural segment to demonstrate a moderate CAGR of 4% from 2017 to 2022.

5. The organic segment is estimated to account for one fourth revenue share of the source type segment by 2017-end is expected to lose points in the Basis Point Share index by 2022 over 2017.

6. Therapeutics segment is estimated to account for 15.1% revenue share of the application segment by 2017 end and is expected to gain points in the Basis Point Share index by 2022 over 2017.

7. The largest share is contributed by Europe region in the aromatherapy market. This represents one-third of the market revenue share in the year 2017, and is expected to grow at a steady CAGR across the forecast period.

8. Food & beverages segment is estimated to account for one-fifth of the revenue share of the application segment by 2017 end.

9. Key players featured in Fact.MR’s report on the global lime oil market include Aromaaz International, Lionel Hitchen Essential Oils Ltd., Plant Therapy Essential Oils, doTERRA International, Aksuvital, Young Living Essentials Oils LC and Biolandes.

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Europe to Dominate the Global Lime Oil Market

Europe is set to dominate the global lime oil market in revenue terms in the year 2017 and this trend is projected to sustain throughout the forecast period. Europe lime oil market is the most attractive market, exhibiting a CAGR of 4.8% during the assessment period. As per the source type segmentation, natural market is expected to dominate the Europe lime oil market in terms of revenue in the year 2017, and the trend is projected to sustain itself throughout the forecast period. Natural lime oil market is the most attractive market, growing a steady CAGR during the assessment period. As far as application segment is concerned, the food and beverages segment is expected to dominate Europe lime oil market in terms of revenue throughout the forecast period. Europe's revenue share in the global lime oil market is expected to grow 1.3x by 2022-end as compared to that in 2017. The food and beverages segment is also poised to gain a significant number of points in the Basis Point Share index.

Therapeutics Segment to Exhibit a Steady CAGR during the Forecast Period

Fact.MR forecasts the therapeutics segment to reach a value of US$ 74.6 Mn in the year 2022. The therapeutics segment is poised to gain in the Basis Point Share index at the end of the forecast period. This segment is expected to create an absolute dollar opportunity of US$ 13.6 Mn between 2017 and 2022.

Key Companies Operating in the Global Lime Oil Market

The key companies operating in the global lime oil market include Plant Therapy Essential Oils, Lionel Hitchen Essential Oils Ltd., Aromaaz International, Aksuvital, Young Living Essentials Oils LC, Biolandes and d?TERRA International.

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This release was published on openPR.