Orange Oil Market
Orange Oil Market Analysis By Product Type (Bitter Orange Oil, Sweet Orange Oil, Orange Blossom Oil, Petit Grain Oil), By Source (Natural, Organic), By Application (Therapeutics, Aromatherapy, Food & Beverages, Cosmetics, Toiletries, Fragrances, Cleaning & Home), By Distribution Channel (Modern Trade, Franchise Outlets, Specialty Stores) and Region - Global Market Insights 2023 to 2033
Analysis of Orange Oil Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Orange Oil Market Outlook (2023 to 2033)
The global orange oil market is valued at US$ 792 million in 2023 and is forecasted to expand at a steady 5.5% CAGR over the next ten years. As a result, worldwide revenue from orange oil sales is projected to reach US$ 1.35 billion by 2033-end.
Orange oil is extracted from the peel of oranges by using different extraction methods. Orange oil has excellent antifungal and antibacterial properties that make it a highly attractive choice for cleaning products as well as personal care products as it also has a citrus aroma. Orange oil for cleaning is projected to be highly popular in the future as people opt for natural cleaning practices.
- In June 2021, Orange House, a renowned supplier of natural cleaning products based on orange oil, announced the launch of its new range of cleaning agents in the United States marketplace. The company started off this range with the launch of Orange House™ Liquid Laundry Detergent, which is based on the pure strength of natural orange oil.
Essential oil of orange is also used as a flavouring agent in different functional foods and beverages. The surging use of citrus oils as a preservative in the food and beverages sector is projected to create new opportunities for new orange oil vendors as well as established ones. The presence of rich limonene content in different citrus oils is driving up their demand as natural food preservatives around the world.
- Sales of orange oil account for around 30% share of the global citrus oil market at present.
Surging popularity of aromatherapy, rising use of orange flavour in the food industry, increasing spending on premium cosmetics and luxury personal care products, and rising preference for plant-based products are other prospects that could drive up the sales of orange oil in the long run. High investments in research to uncover the benefits and health effects associated with orange oil use are also estimated to open new avenues of opportunity for growth through 2033.
|Orange Oil Market Size (2023)||US$ 792 Million|
|Projected Market Value (2033F)||US$ 1.35 Billion|
|Global Market Growth Rate (2023 to 2033)||5.5% CAGR|
|Share in Citrus Oil Market (2023)||30%|
|Key Companies Profiled||
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Why is Orange Essential Oil Expensive?
“Fluctuations in Orange Oil Supply Contribute to High Costs”
Orange oil supply has been witnessing fluctuations over the past few years and this has significantly contributed to a hike in its prices. Difficulties in harvesting, growing demand for oranges in the fresh fruits market, and environmental impact concerns are largely responsible for the shortage of orange oil and its high prices.
Surging prevalence of different plant diseases is also impacting orange farming and is resulting in reduced output, which translates to less raw material for orange oil production.
- Rising incidence of Bacterial Asian Citrus Psyllid, a disease that causes citrus greening and hurts the yield of fruits such as lime, orange, etc. is also projected to hamper market development going forward.
Furthermore, high cost of orange oil has pushed it into the luxury category and has made it inaccessible to the general population, resulting in stunted market growth.
Why are Orange Oil Companies Targeting Europe?
“Increased Spending on Premium Beauty Products and Presence of Key Cosmetics Companies”
European countries have been witnessing a notable hike in the number of high-net-worth individuals in recent years and this has resulted in high demand for luxury and premium products in this region. Orange oil is an expensive essential oil, which is why it is extensively used in the formulation of premium cosmetics and personal care products. Growing awareness regarding the orange oil benefits and high demand for functional foods and beverages are also projected to favor market potential in European countries.
Germany, France, Spain, and the United Kingdom are estimated to be noteworthy markets in Europe for orange oil suppliers. An increasing number of people opting for aromatherapy, owing to the rising focus on holistic wellness in the European region are also forecasted to boost shipments of orange oil going forward.
On the flip side, mounting tensions in the political landscape of Europe after the Russia-Ukraine war are estimated to affect global demand and supply chains, thus, creating an atmosphere of uncertainty in the European regional market as well.
Learn more about all key regions with details of aspects such as local supply, pricing trends, product standards, safety regulations, and new developments in this orange oil market research analysis by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Apart from European countries, which are estimated to hold a prominent share of the global market by the end of 2033, orange oil suppliers can also invest in the United States, India, and China to improve their business potential.
Why are Asian Countries Key Markets for Orange Oil Suppliers?
“Increasing Popularity of Aromatherapy Catalysing Demand for Orange Oil”
Industrialization and urbanization have increased rampantly in the Asia Pacific regions with countries such as India and China leading the charge. The introduction of supportive government initiatives to charge the economic growth of Asian economies and boost industrial activity has greatly contributed to the urbanization trend.
Urbanization has led to the adoption of hectic and sedentary lifestyles, which has harmed people’s physical and mental health. As people look for ways to restore their mental and physical peace, they are turning to aromatherapy, which is taking a holistic approach to health and fitness.
Growing awareness regarding aromatherapy is slated to boost demand for essential oils such as peppermint oil, tea tree oil, orange oil, etc. The strong presence of the agricultural sector and low-cost manufacturing are also estimated to attract orange oil manufacturers and suppliers to Asian countries in the future.
Why is the United States a Profitable Market in This Space?
“Rising Focus on Sustainable Sourcing Pioneering Market Growth”
More people in the United States are becoming eco-conscious than ever before and this can be directly ascribed to rising awareness regarding the benefits associated with natural and organically-sourced ingredients. Consumption of nutraceuticals and health supplements made with natural and plant-derived ingredients is also slated to uplift orange oil demand in the country.
Manufacturers are focusing on acquiring sustainably sourced ingredients to boost their sales potential as consumer awareness for sustainable and plant-based products increases. The growing incorporation of orange oil in different products of several industry verticals is extrapolated to open up new avenues of opportunities for companies operating in this space.
Demand for bitter orange oil is projected to increase rapidly owing to rising awareness regarding its physical and mental health benefits. Meanwhile, rising adoption of citrus oils in aromatherapy procedures is also set to create new revenue-generation opportunities for orange oil producers.
Which Type of Orange Oil is Most Sought After?
“Bitter Orange Oil Accounts for Significant Sales Volume”
Bitter orange oil is extracted from bitter oranges, which are also known as Seville/sour oranges. The topical application of bitter orange oil is known to treat fungal infections such as the athlete’s foot. It is also used to help with gastrointestinal issues such as constipation and ulcers in the intestine.
Where Will Consumption of Orange Oil Reach New Heights?
“Aromatherapy Projected to Lead Global Revenue Generation”
Growing awareness regarding the physical and mental health benefits associated with the use of orange oil for aromatherapy is slated to bring in major cash for companies supplying bitter orange oil. However, the adoption of orange oil is slow-paced in aromatherapy applications and is slated to rise to dominance by the end of the forecast period.
Rising popularity of premium cosmetics and premium personal care products and the high incorporation of sweet orange oil and bitter orange oil in them are also estimated to boost market development over the next ten years. High R&D investments to unearth the benefits of orange oil for skin care and orange oil for hair care are also projected to uplift market growth potential through 2033.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Leading orange oil providers are focusing on finding alternatives to boost their business potential and tackle the raw material shortage issues caused by instability in transport and climate-related issues.
- In March 2023, Firmenich, a renowned flavor and fragrance provider, announced the launch of its new alternative to orange oils to ensure a sustained supply of the same. Orange NextGen replacers and extenders are capable of achieving identical orange flavors and fragrances.
Orange oil providers are also slated to opt for mergers, acquisitions, and collaborations to widen the horizons of their business on a global level.
- In August 2022, UPL, a renowned company focusing on sustainable agriculture, announced its partnership with Oro Agri, a dedicated company for manufacturing agricultural products, for the co-development and distribution of orange oil as a biosolution with string adjuvant qualities to prevent pests and illnesses in crops.
Key Segments of Orange Oil Industry Research
By Source :
By Product Type :
- Bitter Orange Oil
- Sweet Orange Oil
- Orange Blossom Oil
- Petit Grain Oil
By Distribution Channel :
- Modern Trade
- Franchise Outlets
- Specialty Stores
By Application :
- Food & Beverages
- Cleaning & Home
By Region :
- North America
- Latin America
- FAQs -
The global orange oil market in 2023 stands at a value of US$ 792 million.
Orange oil sales are forecasted to reach US$ 1.35 billion by 2033.
Orange oil sales are projected to increase at 5.5% CAGR from 2023 to 2033.
A combination of harvest difficulties, high demand for fresh fruits, and environmental issues drive up orange oil prices.
Young Living Essential Oils LC, Citrus and Allied Essences Ltd., doTERRA International LLC, and Mountain Rose Herbs Inc. are leading companies in the market.