PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1674211
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1674211
Global Citrus Oil Market is estimated to be valued at USD 9.98 Bn in 2025 and is expected to reach USD 17.22 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 9.98 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 8.10% | 2032 Value Projection: | USD 17.22 Bn |
Citrus oils are one of the most extensively used flavors and fragrances extracted from citrus fruits. Oranges, lemons, limes, grapefruits, and mandarins are some of the key sources for citrus oils. These oils are commonly utilized in food & beverage, cosmetics & personal care, and household products on account of their refreshing scent and taste. As consumers are moving towards natural ingredients, the demand for citrus oils is expected to rise significantly in the coming years. The increasing awareness about the therapeutic benefits of citrus oils is also fueling their usage in aromatherapy and healthcare applications. Moreover, advancements in cold-pressed extraction technologies have made citrus oils safer and of higher quality.
The global citrus oil market is driven by rising demand from the food & beverage industry where citrus oils are used as natural flavoring and preservatives in beverages, dairy products, and confectionaries. Additionally, the expanding cosmetics sector backed by changing lifestyles and increasing health-consciousness among consumers is propelling the need for citrus oil infused personal care items. However, factors like price volatility of citrus fruits due to changing climatic conditions and stringent international quality standards pose significant challenges to market players. Nevertheless, emergence of citrus oils as a popular ingredient in natural healthcare products and household cleaners provides lucrative opportunities for market expansion.
This report provides in-depth analysis of the global citrus oil market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global citrus oil market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Young Living Essential Oils, Plant Therapy, Moksha Lifestyle Products Farotti Essenze, Mountain Rose Herbs, Symrise, Citrosuco, Firmenich SA, Biolandes, Citrus and Allied Essences Ltd., and Lebermuth, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global citrus oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global citrus oil market