- Press Release -

Rockville, Md. The global lime oil market is set to reach US$ 488 Mn by 2022 on moderate growth, according to Fact.MR, with demand concentrated in Europe. Drawn from Citrus aurantifolia, lime oil is valued as an antiseptic that helps fight infections and respiratory complaints, and it carries into food and beverages, skin and hair care, aromatherapy, cosmetics and cleaning.

Natural oil dominates the source mix, Europe leads by region, and therapeutic and aromatherapy uses anchor demand. North America and Asia Pacific excluding Japan add steady, if smaller, contributions across the period.

Sources, Applications and Regions

Natural oil grows at a 4% CAGR and leads the source mix, while organically procured oil, at about a quarter of source revenue in 2017, gives up share by 2022. By application, therapeutics holds a 15.1% share in 2017 and gains ground, aromatherapy is led by Europe at roughly a third of that segment's revenue, and food and beverages account for about a fifth.

Europe stays the largest and most attractive region on steady growth, North America reaches US$ 112.1 Mn by 2022, and Asia Pacific excluding Japan adds an absolute opportunity of US$ 16.4 Mn over the period.

Health Benefits Drive Demand

The market's steady rise rests on lime oil's versatility. As consumers, especially in Europe, lean toward natural products for wellness, skincare and home use, its antiseptic and therapeutic properties keep demand firm across both consumer and food applications through the forecast period.

Suppliers and Their Playbook

The field brings together specialist essential oil producers.

• Aromaaz International, Lionel Hitchen Essential Oils Ltd., Plant Therapy Essential Oils, doTERRA International, Aksuvital, Young Living Essentials Oils LC, and Biolandes are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours natural oil and therapeutic positioning. Investors get a small, steadily growing market. Procurement teams can plan around Europe leading demand and aromatherapy and therapeutic uses carrying volume through 2022.

About the Report

Fact.MR's study covers the global lime oil market for the 2017 to 2022 forecast period, with segmentation by source, application and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the lime oil market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.