Authored By: Sarah
11 Jul 2024

 Lime Oil Market Size to grow by USD 370.2 million between 2024-2028

According to a research report “ Lime Oil Market” by Application (Food and beverage, Personal care, Others) Geography (Europe, North America, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 370.2 million, at a CAGR of  10.03% during the forecast period. The global lime oil market is experiencing significant growth due to the expanding utilization of this essential oil in various industries. The rising trend of health-conscious consumers and the increasing size of the middle-class working population have led to a surge in demand for fortified consumer goods. In response, manufacturers are incorporating lime oil into a diverse range of products, including skincare creams, hair oils, snacks, and dairy items, to cater to the health-conscious consumer base. Additionally, the pharmaceutical sector is a major consumer of lime oil, given its potent therapeutic properties and multiple health benefits.

Browse market data tables, figures, and in-depth TOC on “Lime Oil Market” by Application (Food and beverage, Personal care, Others) Geography (Europe, North America, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Food and beverage segment is projected to dominate the market size in 2024

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By Geography, Europe  segment is expected to hold the largest market size for the year 2024

In the dynamic market for essential oils, lime oil holds significant appeal due to its natural and 100% pure composition. This attribute positions it as a safe option for consumption, offering a more potent alternative to dried herbs, which can lose up to 90% of their nutrients during the drying process. The increasing preference for natural and organic products, fueled by growing health consciousness, is driving the demand for lime oil. Moreover, the burgeoning beverage industry, characterized by rising consumer participation in sports activities, an expanding array of flavors, and advanced packaging solutions, presents a lucrative market opportunity for lime oil.

Europe is forecasted to hold the largest market size by region in 2024

The Lime Oil market is experiencing significant growth due to its increasing demand in various industries. Key end-use sectors, including food and beverage, perfumes and cosmetics, and pharmaceuticals, fuel the market expansion. Lime Oil's unique properties, such as its refreshing aroma and therapeutic benefits, make it a valuable commodity. Market players focus on enhancing production efficiency and maintaining quality standards to cater to the rising demand.

The Lime Oil Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Aromaaz International
  • CIFAL HERBAL Pvt. Ltd.
  • CITRICOS VEGA HERMANOS S.A. DE C.V.
  • Citrojugo
  • Citrolim S.A. de C.V.
  • doTERRA International LLC
  • Givaudan SA
  • GRUPO TECNAAL
  • Inovia International Ltd.
  • Lionel Hitchen Ltd.
  • Natures Natural India
  • Penny Price Aromatherapy Ltd.
  • Phoenix Aromas and Essential Oils LLC
  • Plant Therapy
  • SpringThyme Oils Ltd.
  • Statfold Seed Oils LTD.
  • The Lebermuth Co. Inc.
  • Ultra International Ltd.
  • VedaOils
  • Young Living Essential Oils LC
.

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Research Analysis Overview

The Lime Oil Market has been witnessing significant growth in recent years, driven by the increasing demand for B2C distribution and B2B sales. The market can be segmented into Distilled Form Segment and Conventional Source Segment based on the production process. Lime oil is widely used in various industries, including online retail and e-commerce for the sale of lime oil-based products. In the consumer goods sector, lime oil is extensively used in beauty products, fragrances, and cosmetics due to its refreshing aroma and therapeutic properties. It helps in weight management, reduces aging symptoms, and possesses antiseptic properties. In the food and beverage industry, lime oil is used in processed food and beverages, while hospitality establishments, including restaurants, use it for aromatherapy and flavoring. Lime oil producers source lime peels from siblings of the citrus family, such as lemon and mandarin. The market for lime oil is expected to grow further due to its increasing use in therapeutics, aromatherapy, and organic food. The market's consumer base is diverse, ranging from individuals seeking natural essential oils for personal use to businesses looking for bulk purchases for industrial applications. Overall, the Lime Oil Market is poised for steady growth in the coming years.

Market Research Overview

The Lime Oil Market encompasses a wide range of applications, from medicinal uses to food processing and cosmetics. This essential oil, derived from the Rutaceae plant and primarily extracted from lime peels, offers numerous benefits. For health enthusiasts, lime oil is known for its anti-inflammatory properties, making it an effective remedy for arthritis and inflammatory skin problems. In the realm of personal care, it serves as an essential ingredient in acne treatments, wound healing, and disinfection. In the food industry, lime oil is used as a flavor blending agent and a tonic in various food and beverage products. In healthcare, it functions as a febrifuge, haemostatic, and antibacterial agent. Lime oil also finds its place in the beauty industry, where it is used in antiaging cosmetics, antiaging creams, and oral care products. Businesses in the retail sector, including e-commerce platforms, distribute lime oil-based products to consumers through B2C and B2B channels. Manufacturers and suppliers produce lime oil in distilled form from conventional sources, ensuring its purity and quality. However, adulteration is a concern, with some lime oil in the market being diluted or contaminated. Lime oil's versatility extends to fragrances, aromatherapy, and even mosquito repellents. Its uses include therapeutics for muscle weakness, skin aging, hair loss, and weight loss. In the food industry, it is used in processed food and organic food production. Lime oil's antiseptic properties make it a valuable ingredient in toiletries, soapmaking, and even as an astringent and antiviral agent. With a growing consumer base, the Lime Oil Market is poised for significant growth in the coming years.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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