Press release
Citrus Oil Market to Reach US$ 4.3 Billion in Revenues by 2026
Increasing demand for citrus oils for preparing therapeutic massage oils is projected to have a significant contribution to the overall development of citrus oils market. Based on application, the therapeutic massage oils segment is expected to account for the highest share of the market, reaching US$ 1,276.6 Million by the end of the assessment period (2016-2026). Cosmetics and personal care will continue to be the second largest segment of the market, capturing over 28% market share by the end of 2026.
Read Report Overview @ https://www.persistencemarketresearch.com/market-research/citrus-oil-market.asp
“The growing prominence of aromatherapy is identified as a primary factor driving the global citrus oils market. Such therapies are applied in rejuvenating, relaxing and treating certain minor health disorders. Increasing popularity of aromatic oils and therapeutics is largely attributed to shifting preference for convenient, harmless, and natural alternatives over traditional allopathic solutions. Hence, higher consumer interest in aromatherapy is translating into great yields in citrus oils market”. – PMR
Based on oil type, the orange oil will remain as the predominant segment and is estimated to reach a market valuation of US$ 2,649.5 Million by the end of forecast period. Amongst other oil types, lemon oil is projected to witness a healthy growth, accounting for nearly 11% share of the market in term value over 2026.
The global citrus oils market growth will be majorly influenced by the growing supply of citrus oils from developing regions due to the low cost of production. Moreover, the extensive demand for citrus flavors in food and beverage products in recent years is further propelling the market growth.
Request Sample Report@ https://www.persistencemarketresearch.com/samples/11143
As citrus oils find more application in the F&B sector, concerns over their preservation and quick perishable nature are limiting their use to a certain extent. The risk of citrus greening disease and increasing use of synthetic chemicals to preserve citrus oil products are seen as major market hindrances. In addition, low awareness in emerging countries is anticipated to further restrict the market growth during the forecast period.
While North America will continue to hold the top spot, the markets in Latin America and Asia Pacific will register exponential gains. In 2015, Asia Pacific accounted for 14.1% market share and is expected to gain 60 BPS to capture 14.6% market share by 2026. In terms of volume, Asia Pacific is expected to register a strong CAGR during the forecast period. Whereas, Latin America is expected to account for of 9.0% share of the market by end of the assessment period.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/citrus-oil-market/toc
The PMR report delivers key insights on some of the top players competing in the global citrus oil market. Few these players include Symrise AG, Lionel Hitchen (Essential Oils) Ltd, Bontoux S.A.S., Citrus and Allied Essences Ltd., Young Living Essential Oils LC, Citrus Oleo, Mountain Rose Herbs, Inc., doTERRA International, LLC., Citrosuco Paulista SA, and Citromax S.A.C.I.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Citrus Oil Market to Reach US$ 4.3 Billion in Revenues by 2026 here
News-ID: 965549 • Views: …
More Releases from Persistence Market Research
Lactic Acid and Poly Lactic Acid Market Projected to Reach US$10.4 Bn by 2032 wi …
➤Overview of the Market
The global lactic acid and poly lactic acid (PLA) market is witnessing dynamic growth as industries pivot toward sustainable and bio-based solutions. Lactic acid, a naturally occurring organic acid, serves as a key building block for PLA, an environmentally friendly thermoplastic with a wide range of applications. Industries such as packaging, agriculture, textiles, and biomedical devices are increasingly adopting PLA due to its biodegradability, lower carbon footprint,…
Fulvic Acid Market to Reach US$1.8 Bn by 2032 on Back of Sustainable Agriculture …
➤ Overview of the Market
The fulvic acid market has been steadily gaining traction as industries increasingly recognize its multifaceted benefits in agriculture, dietary supplements, and environmental applications. Fulvic acid, a natural compound derived from humic substances, enhances nutrient absorption, improves soil fertility, and supports plant growth. In health and wellness, it is valued for its antioxidant, anti-inflammatory, and detoxifying properties. According to the latest study by Persistence Market Research, the…
Zika Virus Testing Market Growth Accelerates with Diagnostic Advancements, Notes …
The Zika virus testing market has grown into a crucial segment of global healthcare due to the unpredictable nature of mosquito-borne outbreaks and the virus's severe implications, particularly for maternal and fetal health. According to Persistence Market Research, the global Zika virus testing market size is projected to be valued at US$ 5.1 million in 2025 and is estimated to reach US$ 6.9 million by 2032, expanding at a CAGR…
APAC Gas Pressure Regulators Market, Strategic Insights, Key Players, and Region …
Market Overview
The APAC gas pressure regulators market has witnessed significant growth over recent years, fueled by rising industrialization, expanding energy infrastructure, and growing demand for safe and efficient gas distribution systems. Gas pressure regulators play a critical role in controlling and stabilizing gas flow and pressure across industrial, commercial, and residential applications, ensuring operational safety and efficiency. According to recent market estimates, the APAC gas pressure regulators market was valued…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
