Lemon oil is an essential oil derived from lemon rinds. Lemon belongs to a flowering plant that comes from the Rutaceae family, native to Asia region. Increasing use of lemon oil in the end use applications such as home care, personal care, food and beverages, is the major factor anticipated to drive the growth of the global lemon oil market. However, the high cost of lemon oil may hamper the demand and restrain the growth of the global lemon oil market.
The global lemon oil market report has been segmented on the basis of product type, application, distribution Channel, and region. On the basis of product type, the market is segmented into organic and inorganic. Organic oil segment is expected to witness a high growth in the near future, due to growing preference for organic products among consumers. On the basis of application, the market is segmented into personal care products, pharmaceuticals, and food and beverages. The personal care products segment is expected to witness a fastest growth, owing to the increasing usage of natural and herbal skin care products and cosmetics. On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, retail stores, and online stores.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, Europe is expected to witness a high growth over the forecast period, followed by North America. Increasing demand for natural, organic personal care products among individuals is a major factor expected to fuel the growth of the market in the region. North America holds a second position in terms of revenue in the global market and expected to maintain its position in the near future, due to the increasing popularity of essential oils. Asia Pacific market is expected to witness a lucrative growth in terms of revenue over the forecast period, owing to the high production rate of lemon oil in countries such as India and China. Additionally, increasing use of lemon oil for medicinal purposes among individuals is also anticipated to bolster the growth of the market in Asia Pacific.
Key players operating in the global lemon oil market include DoTERRA International,LLC, A.G. Industries, Inc., AOS Products Private Limited, Med International SA, Paras Perfumers, Citromax Flavors, Inc., Citrus and Allied Essences Ltd., Aromaaz International Essential Oils, BIOLANDES SAS, and Lionel Hitchen Essential Oils Limited.