The citrus essential oils market continues to be used in numerous industrial applications ranging from cosmetics and health care to food and beverages. Aromatherapy is another application area for citrus essential oils that remains in high demand given their potent therapeutic properties. According to a recent analysis by Fact.MR, sales of citrus essential oils increased by over 3000 tons in 2018 compared to 2017.
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The study assumes that the sale of citrus essential oils made from grapefruit is showing a relatively faster dynamic as chemical components of grapefruit are in demand in various industries. Sales of citrus essential oils made from grapefruit are expected to grow twice as fast as their counterparts in 2019. Additionally, the health benefits of grapefruit essential oils such as weight loss, improved immunity, and stress relief have led citrus fruit manufacturers to adopt essential oils in line with increased consumer affinity for such products.
Consumption in the F&B sector remains robust
Because citrus essential oils have been classified as safe for consumption by regulators, the food and beverage industry continues to incorporate these essential oils into several products, in line with the upward trend of the “clean label”. The food industry accounted for over 30% of citrus essential oils sales in 2018. In addition, the use of citrus essential oils in cake icings, chocolates and confectionery has increased significantly in recent years at numerous companies, introducing several products that contain these oils as green ingredients.
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Aside from their health benefits, citrus essential oils also add flavor and aroma to food products, a reason that has significantly increased the popularity of citrus essential oils in the food industry. In addition, its antimicrobial and antifungal properties have opened new avenues for citrus essential oils in the packaging industry and as a natural preservative, increasing sales in the F&B sector.
The Fact.MR report continues to track the Citrus Essential Oils market for the period 2018-2028. According to the report, the citrus essential oils market is projected to grow by 4.1% CAGR through 2028.
Chapter 1 – Summary
The chapter provides brief but comprehensive information about the global Citrus Essential Oils Market in relation to key facts and figures that are relevant to the market.
Aside from the executive summary, the report offers important insights into the market which will help the readers to become familiar with the market.
Chapter 2 – Measuring Consumer Behavior and Attitude
The chapter provides invaluable insight into consumer preferences and buying patterns with a detailed analysis of what influences their decisions and the volume and frequency of purchases made through a given sales channel.
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Additionally, the section helps stakeholders familiarize themselves with the changing consumer mentality by shedding light on their likes and tendencies.
Chapter 3 – Market Trends & Latest Buzz
The section reveals the current market trends by broadly breaking it down by products, markets and activities.
In the Product Market Buzz section, the chapter provides information on popular and upcoming products, while the Market and Operations section provides information on preferred sales channel, source optimization, and other relevant and crucial details.
Read more trending reports and similar reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/09/09/1912661/0/en/Health-Nutrition-Trends-Shaping-the- Future-of-the-Global-Whey-Protein-Market-Reveals-Facts-MR.html
Chapter 4 – Product Launch Track & Trends
The chapter provides an overview of the most recent product launches, the type and region of introduction, available alternatives and the preferred sales channel. In addition, the section provides information on the likely impact of the product on the market.
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