Orange oil is an essential oil that is extracted from citrus sinensis fruit (orange fruit) rind. Unlike many other essential oils, orange oil is a by-product, which is produced through centrifugation of orange juice. It usually has 90% or above d-limonene content and is considered as suitable alternative for pure d-limonene. Today, products with herbal or natural ingredients are having an upper hand over products that are prepared using synthetic materials.
Consumers invariably incline towards products that do not carry any risk of side-effects. Orang oil are natural and usually do not cause any adverse reaction, which makes it a suitable ingredient for cosmetic, wellness, and food products. Many of the premium wellness products are prepared using pure orange oil. Moreover, the product is used in aromatic therapies as well as for food flavoring. There are some theories, suggesting that orange oil fragrance has antispasmodic, antidepressant, and carminative properties.
Rising standard of living and increasing disposable income is expected to make a positive impact on the global sales of orange oil over the next couple of years. Nonetheless, orange oil being expensive is often tagged as a luxury product. Fact.MR projects that the global orange oil market will increase at a compound annual growth rate of 4.0% during the forecast period (2017-2022).
The orange oil market in Europe is expected to register notable growth over the forecast period. This is mainly owing to the existence of a large pool of consumers who are willing to spend on premium beauty products, natural cosmetics and fragrances. In terms of revenue, the region is estimated to account for more than one-third share of the global market by the end of 2017.
Based on product type, demand for bitter orange oil is expected to remain relatively higher as compared to the variants. Bitter orange oil is extracted using cold-pressing process and is used for preparing lotions that can help in treating various skin conditions. Meanwhile, global sales of sweet orange oil is estimated to account for around for 23% revenue share of the market by 2017-end.
Between natural and organic orange oil, preference for the former is significantly high and the trend is likely to continue throughout the assessment period. Increasing application of orange oil in aromatherapy, therapeutics, cleaning & home, food & beverages, fragrances and toiletries manufacturing is reflecting favorably on its global market.
Some of the leading players operating in the global orang oil market include Symrise AG, Bontoux S.A.S., Lionel Hitchen (Essential Oils) Ltd, Young Living Essential Oils LC, Citrus Oleo Citrus and Allied Essences Ltd., doTERRA International, LLC, Mountain Rose Herbs, Inc., Citromax S.A.C.I., Citrosuco Paulista SA, Ultra International B.V., Plant Therapy Essential Oils, Aksuvital, Biolandes and Aromaaz International.
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Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
In its recent report, Fact.MR offers a comprehensive perspective on the global orange oil market across few targeted regions. Shifting consumer focus towards natural, flexible, and sophisticated products, coupled with the increasing urgency to develop healthier natural oil products is likely to influence the demand for orange oil in the near future. The report focuses on the provision of in-depth research and detailed insights about global orange oil market for the forecast period 2017 to 2022.
The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of orange oil, along with future growth estimations. Orange oil producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed guide has been formulated in this report, which can attract the interest of top trade magazines and journals pertaining to food & beverages.
The report commences by providing an executive summary, market dynamics and market taxonomy, underlining the factors which influence growth of the global orange oil market. This executive summary offers the foundation on which the report is based, providing users with scope of the report. The executive summary contains key statistics and facts impacting the global orange oil market.
This section offers a detailed view of the global orange oil market, comprising the market introduction, along with the standard definition of product – orange oil. Market value as well as year-over-year expansion is offered to readers in this section. Y-o-Y growth enables readers to view broader aspects of growth patterns during the forecast period.
This section also details the drivers, restraints, opportunities and key trends influencing the market growth based on perspectives of macroeconomic, demand, and supply sides. Impact analysis of the weighted average model-based expansion drivers is included in the report for the provision of better decision-making insights to clients.
To offer readers with latest information about advancements in the global orange oil market, updates about opportunities benefitting leading orange oil producing companies are offered in the report. Continuous evolution of the food & beverages sector necessitates keeping record of upcoming and recent developments and trends which are fundamental for orange oil producers to formulate and adopt key business strategies. The detailed analysis pertaining to list of distributors, pricing analysis, raw material sourcing, cost structures, and supply chain are offered in this section.
By considering the global orange oil market, and provide an in-depth analysis, Fact.MR’s report offers segment-wise analysis and forecast. The orange oil market is categorized on the basis of product type, source type, application, distribution channel and region. Segmentation analysis offered is comprehensive, along with the detailed country-wise forecast offered on all parameters.
The report’s last section emphasizes on the competitive landscape of the global orange oil market, providing readers with the dashboard of company analysis as well as the market players. Competitive intelligence provided by the report is based on providers’ categories in the value chain, and their presence in the global orange oil market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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