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
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview
The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising…
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview
The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,…
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview
The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption…
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by…
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…
