Citrus Oils Market Size to Grow by USD 1.00 billion | Technavio

• In-Scope:
• Food and beverages:

The market vendors should focus on grabbing business opportunities from the food and beverages segment under the application category, as it accounted for the largest market share in the base year. Citrus oils are known for their numerous medical and medicinal properties, and their anti-oxidant, and other characteristics are beneficial for health. All these properties of citrus oils drive the growth of this segment.

• Out-of-Scope:
• Pharmaceuticals and cosmetics
• Others

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Highlights-

• Segmentation- The report extensively covers market segmentation by application (food and beverages, pharmaceuticals and cosmetics, and others)
• Key Companies- Archer Daniels Midland Co., Aromaaz International, BONTOUX SAS, CITROMAX, Citrosuco, Citrus and Allied Essences Ltd., Citrus Oleo, Dohler GmbH, doTERRA International LLC, Edens Garden Inc., Firmenich SA, Givaudan SA, Lionel Hitchen Ltd., Mountain Rose Herbs, Plant Therapy Inc., Symrise AG, Takasago International Corp., TREATT Plc, Ultra International BV, and Young Living Essential Oils among others.
• Driver- Growing adoption of natural ingredient-based products
• Challenge- Increase in the availability of substitute products

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Vendor Insights-

The citrus oils market is fragmented, and the vendors are deploying growth strategies such as product portfolio and pricing to compete in the market. The key offerings of some of the vendors are listed below:

• Aromaaz International - The company offers citrus oils products that can be used for benefitting your body is a smarter and chemical-free way of attaining healthy body.
• BONTOUX SAS - The company offers citrus oils products that can be used in perfumery, cosmetics, and food.
• CITROMAX - The company offers citrus oils products that can be used for creating unique food, beverage and fragrance products.

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Learn More about Key Driver & Challenge of the Market-

• Citrus Oils Market Driver:
• Growing adoption of natural ingredient-based products:

Manufacturers of food and beverages have started replacing flavors and other artificial ingredients with natural ones. This is spurring the demand for citrus oils, which have antimicrobial, antioxidant, antiseptic, and other properties. Thus, the increasing preference among consumers for natural ingredients-based products is likely to drive the demand for citrus oils during the forecast period. 

• Citrus Oils Market Challenge:
• Increase in the availability of substitute products:

Eucalyptus oil has similar characteristics to citrus oils, such as lime and lemon oils. It also has antifungal and antiseptic properties like citrus oils. It is used in food and beverage products such as soft drinks. Eucalyptus oil is more cost-effective and readily available than citrus oils. Hence, these essential oils have become key substitutes for citrus oils.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Food and beverages - Market size and forecast 2021-2026
• Exhibit 28: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)

• 5.4 Pharmaceuticals and cosmetics - Market size and forecast 2021-2026
• Exhibit 32: Chart on Pharmaceuticals and cosmetics - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Pharmaceuticals and cosmetics - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Pharmaceuticals and cosmetics - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Pharmaceuticals and cosmetics - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Application
• Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.10 The Netherlands - Market size and forecast 2021-2026
• Exhibit 74: Chart on The Netherlands - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on The Netherlands - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)

• 7.11 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Aromaaz International
• Exhibit 93: Aromaaz International - Overview
• Exhibit 94: Aromaaz International - Product / Service
• Exhibit 95: Aromaaz International - Key offerings

• 10.4 BONTOUX SAS
• Exhibit 96: BONTOUX SAS - Overview
• Exhibit 97: BONTOUX SAS - Product / Service
• Exhibit 98: BONTOUX SAS - Key offerings

• 10.5 CITROMAX
• Exhibit 99: CITROMAX - Overview
• Exhibit 100: CITROMAX - Product / Service
• Exhibit 101: CITROMAX - Key offerings

• 10.6 Citrosuco
• Exhibit 102: Citrosuco - Overview
• Exhibit 103: Citrosuco - Product / Service
• Exhibit 104: Citrosuco - Key offerings

• 10.7 Citrus and Allied Essences Ltd.
• Exhibit 105: Citrus and Allied Essences Ltd. - Overview
• Exhibit 106: Citrus and Allied Essences Ltd. - Product / Service
• Exhibit 107: Citrus and Allied Essences Ltd. - Key offerings

• 10.8 Citrus Oleo
• Exhibit 108: Citrus Oleo - Overview
• Exhibit 109: Citrus Oleo - Product / Service
• Exhibit 110: Citrus Oleo - Key offerings

• 10.9 doTERRA International LLC
• Exhibit 111: doTERRA International LLC - Overview
• Exhibit 112: doTERRA International LLC - Product / Service
• Exhibit 113: doTERRA International LLC - Key offerings

• 10.10 Edens Garden Inc.
• Exhibit 114: Edens Garden Inc. - Overview
• Exhibit 115: Edens Garden Inc. - Product / Service
• Exhibit 116: Edens Garden Inc. - Key offerings

• 10.11 Lionel Hitchen Ltd.
• Exhibit 117: Lionel Hitchen Ltd. - Overview
• Exhibit 118: Lionel Hitchen Ltd. - Product / Service
• Exhibit 119: Lionel Hitchen Ltd. - Key offerings

• 10.12 Symrise AG
• Exhibit 120: Symrise AG - Overview
• Exhibit 121: Symrise AG - Business segments
• Exhibit 122: Symrise AG - Key offerings
• Exhibit 123: Symrise AG - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations
• Exhibit 130: List of abbreviations

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