Citrus Oil Market: Global Industry Analysis and Forecast 2016-2026

Citrus oil has various clinical properties such as anti-oxidant, anti-cancer, diuretic, antiseptic, anti-bacterial, weight loosing, right brain stimulant, uplifting, acid neutralizing, appetizer, anti-coagulant, anti-depressant, and immune stimulating.

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New York, NY -- (SBWire) -- 11/14/2016 --The main component of citrus oil is an antioxidant known as D-limonene (photosensitive in nature) which is found in all the citrus fruits in variable concentration. Citrus oil is an extract of either citrus fruit like grapefruit (citrus paradise), lemon (citrus limon), lime (citrus aurantifolia), mandarin (citrus reticulate), orange (citrus sinensis), and tangerine (citrus nobilis) containing limonene concentration 95.12%, 65.44%, 49.01%, 72.36%, 91.40%, and 94.62% respectively. It is an essential oil containing one or more of above citrus oils extracted from the peel of fruit.

Citrus oil has various clinical properties such as anti-oxidant, anti-cancer, diuretic, antiseptic, anti-bacterial, weight loosing, right brain stimulant, uplifting, acid neutralizing, appetizer, anti-coagulant, anti-depressant, and immune stimulating. Other uses of citrus oil are cleaning bathroom, kitchen surfaces and hands, removing oil, gum and grease spots, refreshing and stimulating fragrance, anti-stretchmark, scars, spots, on dull and oily skin and many more. Citrus oil is also use for alertness, calming, electrolyte, fear, emotional heart, occasional restlessness, insomnia (sleeplessness), etc.

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Citrus oil is consumed by different ways i.e. by applying topically with or without mixing with some other ingredients, inhaling, or oral consumption. Different types of citrus essential oils are sweet orange essential oil, blood orange essential oil, lemon orange essential oil, lime essential oil, grapefruit essential oil, bergamot essential oil, mandarin essential oil, tangerine essential oil, petitgrain essential oil, and neroli essential oil.

Citrus essential oils are extracted using two common methods, which is either pressing or steam distillation method.

Market Dynamics:

Citrus peel oils have been used widely in beverages, cosmetics, pharmaceuticals, and perfumery industry, whereas seed oils are used in cooking and for treatment of leather and textile. The quality, freshness, and uniqueness of citrus oils are major considerations pertaining to their value and applications. However, large amounts of volatile components, as well as unsaturated compounds, render the oils unstable and prone to change with time and storage conditions. Despite increasing applications of citrus oils, certain challenges related to potential health-damaging properties and contamination of citrus oils is not ignored.

The factors driving the citrus oil market are growing cosmetic and pharmaceutical industry, increasing penetration of essential oil in aroma therapy, and rising demand for flavors and fragrances in food and beverage industry. Other factors driving the citrus oil market are increasing per capita income and rapid industrialization. The factor restraining the market of citrus fruit is its phototoxic action when exposed to the direct sunlight after applying topically. The major trend for the citrus market are stressful lifestyle of people, low cost with high quality and health consciousness of people.

Citrus oil companies have an opportunity to expand their business in Asia pacific as it is having the highest growth rate in essential oil market.

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Market Segmentation:

Citrus oil market is segmented by ingredient and application. Citrus oil market is segmented on the basis of raw material as lemon, lime, tangerine, orange, mandarin, petitgrain, blood orange, neroli, bergamot, grapefruit, and other. On the basis of application citrus oil market is segmented as food and beverages, medical, home & cleaning, pharmaceuticals, cosmetics and other industrial applications. On the basis of form of citrus fruits it is segmented as organic fruits and conventional fruits.

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