Citrus Oil Market Research Report Information By Product Type (Orange Oil, Lemon Lime Oil, and Others), By Extraction Method (Distillation, Solvent extraction, Cold Pressing, and Other Extraction Method), By Application (Personal Care, Cosmetic, Food and Beverage, Pharmaceutical, Aromatherapy, Industrial, and Other Application), By Sales Channel (Specialty Store, Modern Trade, Drug Stores, Online Store, and Other Sales Channel), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Global Citrus Oil Market Overview

Citrus Oil Market Size was valued at USD 8.5 Billion in 2022. The Citrus Oil market industry is projected to grow from USD 8.97 Billion in 2023 to USD 13.76 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.50% during the forecast period (2023 - 2032). Growing customer preference for treatments focused on aroma and rising demand for natural components in beauty care goods are the key market drivers accelerating market expansion.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Citrus Oil Market Trends

Growing expenditures for operations related to research and development is driving the market growth.

Market CAGR for citrus oil is being driven by the growing expenditures for operations related to research and development. Citrus oil, which is used in perfumery, beverage flavoring, and confections in the food and beverage sector, is extracted from citrus fruits like oranges, lemons, and grapefruits using the cold press method. With the growing market for plant-based and organic products, consumers are drawn to using natural fragrances instead of synthetic ones. Moreover, increasing demand for cosmetic procedures in spas and massage parlors is projected to propel citrus oil use globally throughout the course of the research period.

Additionally, growing health consciousness and a robust demand for natural ingredients are projected to drive expansion in the citrus oil market worldwide. Moreover, it is projected that rising consumer desire for organic goods would help the citrus oil industry grow internationally. Further factors that are expected to significantly fuel the expansion of the worldwide citrus oil market include the rising demand for cosmetic and personal care products, rising disposable income, and quick technological advancements. Furthermore, citrus fruits and vegetables—grapefruit, orange, and lemon, for example—are widely accessible and serve as the main sources of citrus oil. Citrus oil production has therefore increased significantly as a result of the widespread availability of citrus fruits and vegetables.

Over the course of the forecast period, rising investments in research and development activities aimed at finding new uses for citrus oil are projected to positively impact the growth of the citrus oil market. Additionally, the growing demand from the food and beverage industry to enhance the flavor and aroma of food goods like bread, salads, drinks, and other things is expected to propel the citrus oil market. The need for citrus in the food and beverage industry is also expected to rise due to rising demand for non-carbonated beverages, confectionary, baked goods, and carbonated beverages. This would help the expansion of the citrus oil market globally.

For instance, research indicates that taking these products frequently enhances blood circulation, collagen production, and vitamin C absorption—all of which are critical for delaying the start of aging signs. Furthermore, these products support the health of the skin, hair, and nails. It is projected that rising consumer awareness of these advantages would support category expansion. Thus, result in driving the Citrus Oil market revenue.

Citrus Oil Market Segment Insights

Citrus Oil Product Type Insights

The Citrus Oil market segmentation, based on Product Type includes Orange Oil, Lemon Lime Oil, and Others. The orange oil segment dominated the market. The market is expected to grow positively due to the increase in demand for skincare and cosmetics used for skin rejuvenation. Orange oil's antibacterial and anti-inflammatory properties make it the ideal ingredient for skin and hair care.

Figure 1: Citrus Oil Market, by Product Type, 2022&2032 (USD Billion)

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

 Citrus Oil Extraction Method Insights

The Citrus Oil market segmentation, based on Extraction Method, includes Distillation, Solvent extraction, Cold Pressing, and Other Extraction Method. The cold pressing category generated the most income. The reason for this is that the procedure preserves a greater portion of the oil's inherent qualities, including its nutritional value, flavor, and purity. Oil extracted with a heat source will produce more oil overall, but the quality of the oil will suffer since heat can destroy the oil's valuable antioxidants, vitamins, and minerals. For the extraction of oils, it comes down to quality vs. quantity.

Citrus Oil Application Insights

The Citrus Oil market segmentation, based on Application includes Personal Care, Cosmetic, Food and beverage, Pharmaceutical, Aromatherapy, Industrial, and Other Application. The aromatherapy segment dominated the market. This is due to changing consumer habits and rising customer awareness. Furthermore, patients in a variety of cultures have demonstrated the ability of essential oils, such as citrus oils, to improve their bodily, spiritual, and mental health.

Citrus Oil Sales Channel Insights

The Citrus Oil market segmentation, based on Sales Channel, includes Specialty Store, Modern Trade, Drug Stores, Online Store, and Other Sales Channel. The online store category generated the most income. Customers are investigating citrus oil options from the comfort of their homes due to the ease and accessibility of internet shopping. Customers looking for natural and adaptable products are drawn to the online marketplace since it is simple to browse through a large selection of citrus oil items, compare costs, and read customer reviews.

Citrus Oil Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Citrus Oil market area will dominate this market, because of the growing interest in organic and natural goods as well as the growing knowledge of citrus oil's health advantages. Furthermore, the existence of many significant competitors in the area, including Mountain Rose Herbs, Inc. and Lionel Hitchen (Essential Oils) Ltd., is propelling the expansion of the citrus oil market in North America.

Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.

Figure 2: CITRUS OIL MARKET SHARE BY REGION 2022 (USD Billion)

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Europe Citrus Oil market has the second-largest portion of the market due to a rise in demand for the product brought about by its supposed health benefits. Further, the German Citrus Oil market maintained the most market share, and the UK Citrus Oil market was the European market with the quickest rate of growth.

The Asia-Pacific Citrus Oil Market is anticipated to expand between 2023 and 2032 at the quickest CAGR. This is because of the region's growing demand for goods from beauty, cosmetics, spas, and parlors. Moreover, China’s Citrus Oil market maintained the most market share, and the Indian Citrus Oil market was the Asia-Pacific market with the quickest rate of growth.

Citrus Oil Key Market Players& Competitive Insights

Leading market players are making significant investments in R&D to broaden their product ranges, which will contribute to the industry's continued growth for citrus oil. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Citrus Oil industry must provide reasonably priced goods.

One of the main business strategies employed by manufacturers is to manufacture locally in order to reduce operating expenses in the Citrus Oil industry to help customers and expand the market segment. In recent years, the Citrus Oil industry has provided the cosmetic business with some of the biggest benefits. Major players in the Citrus Oil market, including Citrus and Allied Essences Ltd., Lionel Hitchen Essential Oils Ltd., Symrise AG, Young Living Essential Oils LC, Bontoux S.A.S., Mountain Rose Herbs, Citromax Flavors Inc., Ultra International B.V., Citrus Oleo, Citrus Fragrance Oil Co., Inc., and others, are making investments in R&D activities in an effort to raise market demand.

Symrise AG is a significant manufacturer of flavors and perfumes, with projected sales of €4.618 billion in 2022. Givaudan, Takasago Corporation, Flavors and Fragrances, and Döhler are among of the company's main rivals. The European Flavor Association has Symrise as a member. According to FoodTalks' Top 50 Food Flavours and Fragrances Companies ranking, Symrise came in at number four in 2021. In 2003, Symrise was established by the union of Dragoco and Haarmann & Reimer (H&R), two German companies owned by Bayer, both located in Holzminden. In November 2020, Symrise declared its intent to buy Sensient Technologies Corporation's fragrance and scent division.

Mountain Rose Herbs is Originating in Eugene, Oregon, the business was founded in 1987. Organic, responsibly sourced, and wild-harvested products are what Mountain Rose Herbs is famous for. For these products, the company was the first in the US to receive fair trade certification. When it came to dried herbs that were organic, it was the country's second-biggest distributor by 2010. In 2016, Mountain Rose Herbs Mercantile, the e-commerce company's first physical store, opened its doors in downtown Eugene, selling DIY tools and organic botanicals. In December 2020, the business has outgrown its buildings four times in the last twenty years when Mountain Rose Herbs bought the Phoenix Industrial Park in Eugene.

Key Companies in the Citrus Oil market include:

• Citrus and Allied Essences Ltd.


• Lionel Hitchen Essential Oils Ltd.


• Symrise AG


• Young Living Essential Oils LC


• Bontoux S.A.S.


• Mountain Rose Herbs


• Citromax Flavors Inc.


• Ultra International B.V.


• Citrus Oleo


• Citrus Fragrance Oil Co., Inc.


• Florachem Corp.


• Citrus and Allied (USA) Ltd.


• Lebermuth Company


• Viva Corporation


• Citrus Tropic


• Falcon Essential Oils


• Citrus and Allied Essences (Canada) Ltd.


• Lime Essential Oil Co.


• P. Essential Oils & Aromatics


• Citrosuco

Citrus Oil Industry Developments

For Instance, January 2023 Givaudan declared its intention to buy out the bulk of Naturex, a French manufacturer of natural products, which includes citrus oils.

For Instance, March 2019 Archer Daniels Midland Company (ADM) acquired the European company Ziegler Group in order to increase the variety of citrus oils it offers in the market.

For Instance, June 2022 Firmenich declared that it would purchase Flavorchem Corporation, a US-based manufacturer of natural perfumes and tastes, which includes citrus oils.

Citrus Oil Market Segmentation

Citrus Oil Product Type Outlook

• Orange Oil


• Lemon Lime Oil


• Others

Citrus Oil Extraction Method Outlook

• Distillation


• Solvent extraction


• Cold Pressing


• Other Extraction Method


• Citrus Oil Application Outlook


• Personal Care


• Cosmetic


• Food and beverage


• Pharmaceutical


• Aromatherapy


• Industrial


• Other Application

Citrus Oil Sales Channel Outlook

• Specialty Store


• Modern Trade


• Drug Stores


• Online Store


• Other Sales Channel

Citrus Oil Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America