PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1520661
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1520661
Global Citrus Aurantium Extract Market Size Study, by Application (Essential Oils, Appetite Suppressants, Weight Loss Aids, Others), by End Use (Pharmaceutical, Food, Personal Care, Others) and Regional Forecasts 2022-2032
The Global Citrus Aurantium Extract Market is valued at approximately USD 3.76 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.8% over the forecast period 2024-2034. Citrus aurantium extract, commonly known as bitter orange, is gaining traction in the weight loss sector and bodybuilding supplements. This extract is known for its appetite-suppressing properties, further driving its demand. Additionally, the rising clamor for organic ingredients among fitness enthusiasts has bolstered the adoption of bitter orange extract in health supplements, favouring both consumers and manufacturers.
The essential oil sector is also experiencing significant growth as more individuals turn to alternative therapies for physical and mental health issues. Bitter orange is a key ingredient in many essential oils, contributing to the growth of the citrus aurantium extract market alongside the booming aromatherapy industry, which is projected to exceed USD 13 billion by 2034. However, skepticism from the scientific community and medical professionals, coupled with concerns about the potential heart risks associated with bitter orange, present challenges to the market's expansion.
Technological advancements in the extraction and formulation of citrus aurantium extract are positively impacting the industry. Manufacturers are streamlining the extraction process through innovative technologies like ultrasonic-assisted extraction, enhancing efficiency and production capabilities.
Bitter orange's energy-boosting qualities are a double-edged sword. While these qualities make it popular among the younger generation and fitness enthusiasts, they also lead to bans from various sports organizations, limiting its reach among athletes. Furthermore, doubts about its efficacy in weight loss and the need for cautious labelling to avoid regulatory issues constrain market growth.
The key regions considered for the Global Citrus Aurantium Extract Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Citrus Aurantium Extract Market in terms of revenue. The growth of the Citrus Aurantium Extract Market in North America is driven by increasing health consciousness, rising demand for natural and organic products, and its use in dietary supplements for weight loss and appetite suppression. Additionally, advancements in extraction technologies and a growing trend towards functional foods and beverages contribute significantly to market expansion. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period 2024-2032.
Major market players included in this report are:
- Sabinsa Corporation
- Nexira
- BI Nutraceuticals
- JF Natural
- Pharmactive Biotech Products
- Arjuna Natural Pvt. Ltd
- Fruzyme Biotech India Pvt. Ltd
- Sami Labs Limited
- Synthite Industries Ltd
- Nutra Green Biotechnology Co., Ltd
The detailed segments and sub-segment of the market are explained below:
By Application:
- Essential Oils
- Appetite Suppressants
- Weight Loss Aids
- Others
By End Use:
- Pharmaceutical
- Food
- Personal Care
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Citrus Aurantium Extract Market Executive Summary
- 1.1. Global Citrus Aurantium Extract Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Application
- 1.3.2. By End Use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Citrus Aurantium Extract Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Citrus Aurantium Extract Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing Weight Loss and Bodybuilding Supplements Market
- 3.1.2. Rising Popularity of Organic Ingredients
- 3.1.3. Booming Essential Oil Sector
- 3.2. Market Challenges
- 3.2.1. Scientific Skepticism and Regulatory Issues
- 3.2.2. Health Concerns Related to Bitter Orange
- 3.3. Market Opportunities
- 3.3.1. Technological Advancements in Extraction and Formulation
- 3.3.2. Rising Obesity Rates and Demand for Weight Loss Supplements
Chapter 4. Global Citrus Aurantium Extract Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Citrus Aurantium Extract Market Size & Forecasts by Application 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Citrus Aurantium Extract Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Essential Oils
- 5.2.2. Appetite Suppressants
- 5.2.3. Weight Loss Aids
- 5.2.4. Others
Chapter 6. Global Citrus Aurantium Extract Market Size & Forecasts by End Use 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Citrus Aurantium Extract Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Pharmaceutical
- 6.2.2. Food
- 6.2.3. Personal Care
- 6.2.4. Others
Chapter 7. Global Citrus Aurantium Extract Market Size & Forecasts by Region 2022-2032
- 7.1. North America Citrus Aurantium Extract Market
- 7.1.1. U.S. Citrus Aurantium Extract Market
- 7.1.1.1. Application breakdown size & forecasts, 2022-2032
- 7.1.1.2. End Use breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Citrus Aurantium Extract Market
- 7.1.1. U.S. Citrus Aurantium Extract Market
- 7.2. Europe Citrus Aurantium Extract Market
- 7.2.1. U.K. Citrus Aurantium Extract Market
- 7.2.2. Germany Citrus Aurantium Extract Market
- 7.2.3. France Citrus Aurantium Extract Market
- 7.2.4. Spain Citrus Aurantium Extract Market
- 7.2.5. Italy Citrus Aurantium Extract Market
- 7.2.6. Rest of Europe Citrus Aurantium Extract Market
- 7.3. Asia-Pacific Citrus Aurantium Extract Market
- 7.3.1. China Citrus Aurantium Extract Market
- 7.3.2. India Citrus Aurantium Extract Market
- 7.3.3. Japan Citrus Aurantium Extract Market
- 7.3.4. Australia Citrus Aurantium Extract Market
- 7.3.5. South Korea Citrus Aurantium Extract Market
- 7.3.6. Rest of Asia Pacific Citrus Aurantium Extract Market
- 7.4. Latin America Citrus Aurantium Extract Market
- 7.4.1. Brazil Citrus Aurantium Extract Market
- 7.4.2. Mexico Citrus Aurantium Extract Market
- 7.4.3. Rest of Latin America Citrus Aurantium Extract Market
- 7.5. Middle East & Africa Citrus Aurantium Extract Market
- 7.5.1. Saudi Arabia Citrus Aurantium Extract Market
- 7.5.2. South Africa Citrus Aurantium Extract Market
- 7.5.3. Rest of Middle East & Africa Citrus Aurantium Extract Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Sabinsa Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Nexira
- 8.3.3. BI Nutraceuticals
- 8.3.4. JF Natural
- 8.3.5. Pharmactive Biotech Products
- 8.3.6. Arjuna Natural Pvt. Ltd
- 8.3.7. Fruzyme Biotech India Pvt. Ltd
- 8.3.8. Sami Labs Limited
- 8.3.9. Synthite Industries Ltd
- 8.3.10. Nutra Green Biotechnology Co., Ltd
- 8.3.1. Sabinsa Corporation
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
