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Citrus Oils Market 2024-2028

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    Report

  • 144 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5563197
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The citrus oils market is forecasted to grow by USD 944.8 million during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the citrus oils market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of natural ingredient-based products, perceived health benefits associated with citrus oils, and wide range of applications.

The citrus oils market is segmented as below:

By Application

  • Food and beverages
  • Pharmaceuticals and cosmetics
  • Others

By Geographical Landscape

  • Europe
  • North America
  • APAC
  • South America
  • Middle East and Africa
This study identifies the increasing demand for organic citrus oils as one of the prime reasons driving the citrus oils market growth during the next few years. Also, increasing demand for aromatherapy and prevalence of accessible distribution channels will lead to sizable demand in the market.

The report on the citrus oils market covers the following areas:

  • Citrus oils market sizing
  • Citrus oils market forecast
  • Citrus oils market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading citrus oils market vendors that include Archer Daniels Midland Co., Aromaaz International, BONTOUX SAS, CITROMAX, Citrosuco, Citrus and Allied Essences Ltd., Citrus Oleo, Dohler GmbH, doTERRA International LLC, Edens Garden, Firmenich SA, Givaudan SA, Lionel Hitchen Ltd., Mountain Rose Herbs, Plant Therapy, Symrise AG, Takasago International Corp., TREATT PLC, Ultra International BV, and Young Living Essential Oils LC. Also, the citrus oils market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Citrus Oils Market 2018 - 2022
Historic Market Size - Data Table on Global Citrus Oils Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Food and beverages - Market size and forecast 2023-2028
Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
6.4 Pharmaceuticals and cosmetics - Market size and forecast 2023-2028
Chart on Pharmaceuticals and cosmetics - Market size and forecast 2023-2028 ($ million)
Data Table on Pharmaceuticals and cosmetics - Market size and forecast 2023-2028 ($ million)
Chart on Pharmaceuticals and cosmetics - Year-over-year growth 2023-2028 (%)
Data Table on Pharmaceuticals and cosmetics - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.10 The Netherlands - Market size and forecast 2023-2028
Chart on The Netherlands - Market size and forecast 2023-2028 ($ million)
Data Table on The Netherlands - Market size and forecast 2023-2028 ($ million)
Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
8.11 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Aromaaz International
Aromaaz International - Overview
Aromaaz International - Product / Service
Aromaaz International - Key offerings
11.4 BONTOUX SAS
BONTOUX SAS - Overview
BONTOUX SAS - Product / Service
BONTOUX SAS - Key offerings
11.5 CITROMAX
CITROMAX - Overview
CITROMAX - Product / Service
CITROMAX - Key offerings
11.6 Citrosuco
Citrosuco - Overview
Citrosuco - Product / Service
Citrosuco - Key offerings
11.7 Citrus and Allied Essences Ltd.
Citrus and Allied Essences Ltd. - Overview
Citrus and Allied Essences Ltd. - Product / Service
Citrus and Allied Essences Ltd. - Key offerings
11.8 Citrus Oleo
Citrus Oleo - Overview
Citrus Oleo - Product / Service
Citrus Oleo - Key offerings
11.9 doTERRA International LLC
doTERRA International LLC - Overview
doTERRA International LLC - Product / Service
doTERRA International LLC - Key news
doTERRA International LLC - Key offerings
11.10 Edens Garden
Edens Garden - Overview
Edens Garden - Product / Service
Edens Garden - Key offerings
11.11 Lionel Hitchen Ltd.
Lionel Hitchen Ltd. - Overview
Lionel Hitchen Ltd. - Product / Service
Lionel Hitchen Ltd. - Key news
Lionel Hitchen Ltd. - Key offerings
11.12 Symrise AG
Symrise AG - Overview
Symrise AG - Business segments
Symrise AG - Key news
Symrise AG - Key offerings
Symrise AG - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Citrus Oils Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Pharmaceuticals and cosmetics - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Pharmaceuticals and cosmetics - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Pharmaceuticals and cosmetics - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Pharmaceuticals and cosmetics - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Application ($ million)
Exhibits 47: Data Table on Market opportunity by Application ($ million)
Exhibits 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 51: Chart on Geographic comparison
Exhibits 52: Data Table on Geographic comparison
Exhibits 53: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on The Netherlands - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on The Netherlands - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 93: Market opportunity By Geographical Landscape ($ million)
Exhibits 94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 95: Impact of drivers and challenges in 2023 and 2028
Exhibits 96: Overview on criticality of inputs and factors of differentiation
Exhibits 97: Overview on factors of disruption
Exhibits 98: Impact of key risks on business
Exhibits 99: Companies covered
Exhibits 100: Matrix on companies position and classification
Exhibits 101: Aromaaz International - Overview
Exhibits 102: Aromaaz International - Product / Service
Exhibits 103: Aromaaz International - Key offerings
Exhibits 104: BONTOUX SAS - Overview
Exhibits 105: BONTOUX SAS - Product / Service
Exhibits 106: BONTOUX SAS - Key offerings
Exhibits 107: CITROMAX - Overview
Exhibits 108: CITROMAX - Product / Service
Exhibits 109: CITROMAX - Key offerings
Exhibits 110: Citrosuco - Overview
Exhibits 111: Citrosuco - Product / Service
Exhibits 112: Citrosuco - Key offerings
Exhibits 113: Citrus and Allied Essences Ltd. - Overview
Exhibits 114: Citrus and Allied Essences Ltd. - Product / Service
Exhibits 115: Citrus and Allied Essences Ltd. - Key offerings
Exhibits 116: Citrus Oleo - Overview
Exhibits 117: Citrus Oleo - Product / Service
Exhibits 118: Citrus Oleo - Key offerings
Exhibits 119: doTERRA International LLC - Overview
Exhibits 120: doTERRA International LLC - Product / Service
Exhibits 121: doTERRA International LLC - Key news
Exhibits 122: doTERRA International LLC - Key offerings
Exhibits 123: Edens Garden - Overview
Exhibits 124: Edens Garden - Product / Service
Exhibits 125: Edens Garden - Key offerings
Exhibits 126: Lionel Hitchen Ltd. - Overview
Exhibits 127: Lionel Hitchen Ltd. - Product / Service
Exhibits 128: Lionel Hitchen Ltd. - Key news
Exhibits 129: Lionel Hitchen Ltd. - Key offerings
Exhibits 130: Symrise AG - Overview
Exhibits 131: Symrise AG - Business segments
Exhibits 132: Symrise AG - Key news
Exhibits 133: Symrise AG - Key offerings
Exhibits 134: Symrise AG - Segment focus
Exhibits 135: Inclusions checklist
Exhibits 136: Exclusions checklist
Exhibits 137: Currency conversion rates for US$
Exhibits 138: Research methodology
Exhibits 139: Information sources
Exhibits 140: Data validation
Exhibits 141: Validation techniques employed for market sizing
Exhibits 142: Data synthesis
Exhibits 143: 360 degree market analysis
Exhibits 144: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global citrus oils market: Archer Daniels Midland Co., Aromaaz International, BONTOUX SAS, CITROMAX, Citrosuco, Citrus and Allied Essences Ltd., Citrus Oleo, Dohler GmbH, doTERRA International LLC, Edens Garden, Firmenich SA, Givaudan SA, Lionel Hitchen Ltd., Mountain Rose Herbs, Plant Therapy, Symrise AG, Takasago International Corp., TREATT PLC, Ultra International BV, and Young Living Essential Oils LC.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing demand for organic citrus oils."

According to the report, one of the major drivers for this market is the growing adoption of natural ingredient-based products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Archer Daniels Midland Co.
  • Aromaaz International
  • BONTOUX SAS
  • CITROMAX
  • Citrosuco
  • Citrus and Allied Essences Ltd.
  • Citrus Oleo
  • Dohler GmbH
  • doTERRA International LLC
  • Edens Garden
  • Firmenich SA
  • Givaudan SA
  • Lionel Hitchen Ltd.
  • Mountain Rose Herbs
  • Plant Therapy
  • Symrise AG
  • Takasago International Corp.
  • TREATT Plc
  • Ultra International BV
  • Young Living Essential Oils LC