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(2019-2025) Limonene Market Report : Scope Overview, Huge Growth Opportunities, Challenges

 

Los Angeles, CA -- (SBWIRE) -- 03/27/2019 -- This study focuses on the production side and consumption side of Limonene, presents the global Limonene market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Limonene capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

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In terms of consumption side, this report focuses on the consumption of Limonene by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Limonene is an oral dietary supplement containing a natural cyclic monoterpene and major component of the oil extracted from citrus peels with potential chemo preventive and antitumor activities. Limonene is widely used as a flavor and fragrance and is listed to be generally recognized as safe in food by the food and drug administration.

Limonene is extracted from citrus peels and is mainly concentrated in Brazil, USA and Europe. Currently, there are many producing companies in the world limonene industry. The main players are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo and Ernesto Ventós. The global production of limonene increases to 42944 MT in 2017 from 38371 MT in 2012 with average growth rate of 2.28%. Global limonene capacity utilization rate remained at around 80% in 2016.

In consumption market, the global consumption value of limonene increases with the 3.67% average growth rate. And USA and Brazil are the main consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 59.49% of the global consumption volume in total.

Limonene has many grades, which include pharmaceutical grade, food grade and industrial grade. And each type has application industries relatively. With pharmaceutical value and flavor effect of limonene, the downs downstream application industries will need more limonene products. So, limonene has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance limonene through improving technology.

The Limonene market was valued at 300 Million US$ in 2017 and is projected to reach 370 Million US$ by 2025, at a CAGR of 2.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Limonene.

This report includes the following manufacturers; we can also add the other companies as you want.

Florida Chemical Company

Firmenich

Tropfruit

Citrosuco

Citrus Oleo

Ernesto Ventós

Sucorrico

Agroterenas Citrus

Florachem

Lemon Concentrate

Market Segment by Product Type

Pharmaceutical Grade

Food Grade

Industrial Grade

Market Segment by Application

Pharmaceuticals Industry

Food Additives

Daily Chemicals Products

Chemical Industry

Others

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