市场调查报告书
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1186898
柑橘油的全球市场预测(2022年~2027年)Citrus Oil Market - Forecasts from 2022 to 2027 |
全球柑橘油的市场规模,从2020年的11亿4,600万美元,到2027年达到20亿7,500万美元,年复合成长率8.86%的成长预计。
本报告提供全球柑橘油市场相关调查,市场规模和预测,COVID-19影响,市场的推动因素与阻碍因素,市场趋势,各市场区隔的市场分析,竞争情形,主要企业的简介等资讯。
Citrus oil market is projected to grow at a CAGR of 8.86% to reach US$2.075 billion by 2027, from US$1.146 billion in 2020.
Citrus oils are concentrated oils that are extracted from citrus species (plants) such as orange, lemon, grapefruit, etc. The essential oils are extracted from a method known as cold pressing., in which pressure is applied to squeeze the oils from the rind. These oils are known for their health and wellness benefits such as boosting mood, dealing with anxiety or irritability, providing ease to the skin, and protecting against antioxidants to name a few. Citrus oils come under the broad category of essential oils. They are popularly known to soothe and calm one's skin. They are highly praised for their benefits in the personal care category. Moreover, the disposable income of families is increasing. However, due to increased socialization and digitalization, people are also aware of health concerns in present times.
Increasing demand for aromatherapy will certainly propel market growth.
The demand for citrus oils has been increasing due to a shift in consumer preferences toward self-care activities, aromatherapy being one among them. As people tend to understand the intensity of mental health issues such as anxiety which has become quite common among youngsters due to the present lifestyle. They are actively looking for a solution, which will help them to ease it.
Furthermore, as per recent research, the role of aromatherapy massage in a large multicenter trial of cancer patients that experienced anxiety and/or depression was studied. These patients experienced significant improvement in anxiety and/or depression for the six-week randomization study, in comparison to those receiving usual care alone. Anxiety and depression are rated in the top five conditions for self-care with complementary therapies among the US population in statistics on Complementary Alternative Medicine (CAM). Aromatherapy includes natural products, which are also ranked as No. 1 in the most popular category by CAM use. Clinical Aromatherapy, a sub-specialty practiced by nurses with advanced aromatherapy education, is the therapeutic use of essential oils to achieve measurable outcomes for a healthcare condition.
Rising concerns over health are shifting the consumption of products made from natural and organic ingredients.
The demand for citrus oil is driven by the continuously changing lifestyle and the increasing spending on leisure and relaxation by people. It is also augmented by the increasing awareness about the benefits of citrus oil in weight loss and fighting cancer. Furthermore, the increasing demand for plant-based products and the increasing number of wellness centers and clinics will also support the growth of the market during the forecast period.
Market Developments
Asia Pacific is expected to hold a significant share during the anticipated period.
The countries in the Asia Pacific region are undergoing rapid urbanization and modernization, due to which the millennials and Gen Z are actively following practices and trends such as aromatherapy, which are quite popular in European countries, therefore it has led to increasing demand for citrus oils in these regions. Furthermore, in order to meet the rising demand, the market players are actively working on expansion strategies. For example, in July 2022, the world leader in essential oils, doTERRA announced its expansion plans in India. Similarly, in October 2021, in New Delhi, India, Bella Vita Organic announced the launch of their ayurvedic essential oils. The products are 100% ayurvedic and natural. Along with that, they are provided at affordable rates. The product line comes in nine different types of oil, such as lemongrass, orange, lavender, and a few others. The range has been decided to keep in mind universal preferences and likings such as floral, plant-based, strong, and mild. The oils help in reducing acne, dark spots, rashes, inflammation, and hair fall. They also have a calming effect on the person applying them.
Market Segmentation:
Orange Oil
Lemon Oil
Grapefruit Oil
Bergamot Oil
Others
Food & Beverage
Cosmetics and Personal Care Products
Pharmaceuticals
Aromatherapy
North America
South America
Europe
Middle East and Africa
Asia Pacific