Lemon Oil Market

Lemon Oil Market Outlook (2023-2033)

The global lemon oil market stands at a valuation of US$ 979.4 million and is projected to evolve at 4.8% CAGR over the next ten years. Sales of lemon oil are anticipated to reach a market value of US$ 1.56 billion by the end of 2033.

Lemon oil is obtained from the fresh lemon peel or cold-pressing lemon rind and has several health benefits along with a pleasantly fragrant aroma. Lemon oil consumption also has several health benefits such as healing wounds, treating acne, reducing anxiety, etc., and these benefits are projected to promulgate sales of lemon oil products over the coming years.

Lemon essential oil is extensively used in aromatherapy owing to its characteristic benefit of reducing anxiety and depression. Many types of citrus oils such as lemon balm oil, lemon eucalyptus oil, and lemongrass oil are expected to witness a rise in demand for aromatherapy applications.

Increasing popularity of aromatherapy, rising awareness about the benefits associated with the consumption of natural essential oils, growing use in food & beverages, changing consumer preferences, and high investments in research and development are other factors that could favour market growth in the future.

Growing use of lemon essential oil and lemon extract as a flavouring agent in several foods and beverages is expected to open up new opportunities for established lemon oil companies as well as new entrants looking to penetrate the marketplace.

The versatile nature of lemon essential oil makes it an extremely well choice for blending with other natural essential oils such as peppermint oil, tea tree oil, lavender oil, rose oil, etc., and this is expected to boost its demand in aromatherapy applications going forward.

However, the increasing popularity of alternative natural essential oils and their growing availability are expected to inhibit overall lemon oil consumption trends across the world.

All current and forecasted market trends, opportunities, restraints, and challenges have been discussed in this latest lemon oil market research study by Fact.MR, a market research and competitive intelligence provider.

Report Attributes	Details
Market Size (2023)	US$ 979.4 Million
Projected Market Value (2033F)	US$ 1.56 Billion
Global Market Growth Rate (2023-2033)	4.8% CAGR
Asia Pacific Market Share (2033F)	~45%
Key Companies Profiled	Aromaaz International Citromax Flavors Lionel Hitchen Essential Oils. Askuvital Biolandes American Vegetable Oils Royal Aroma Grief Inc. Fischer S/A AOS Products Private Limited Med International S.A. Paras Perfumers DoTERRA International Citrus and Allied Essences

Will New Lemon Oil Companies Have a Chance to Make a Mark in This Industry?

“Investing in R&D Could Open Up New Avenues for New Lemon Oil Suppliers”

Lemon essential oil has found application in a variety of applications and this creates a highly opportunistic setting for new players in the global marketplace. Upcoming lemon oil manufacturers can focus on raising capital to increase their investments in the research and development of novel products that could distinguish them from other companies operating in the global landscape.

Why is Asia Pacific Expected to Continue its Market Dominance?

“High Production of Lemon Oil & Preference for Lemon Flavor”

The lemon tree is native to Asia and this makes it the highest producer of lemon essential oil and allows APAC to account for a dominant market share. India, China, and Japan are anticipated to be the prime markets in this region owing to high production and high demand for lemon essential oil.

Increasing number of product launches with lemon oil as a key ingredient in the APAC region is also an aspect that is predicted to bolster lemon oil shipments in this region throughout the forecast period. Sales of lemon oil in Asia Pacific are estimated to account for nearly 45% of the global market share by the end of 2033.

Country-wise Insights

Where Will Lemon Oil Demand Shine in North America?

“United States Projected to Spearhead Lemon Oil Sales in the Region”

High consumption of packaged foods and growing use of natural ingredients in food and beverage manufacturing are expected to be prominent factors influencing shipments of lemon oil in the U.S. across the forecast period.

A high prevalence of anxiety and depression among the people of the United States is also slated to boost demand for lemon essential oil in aromatherapy applications. High consumer spending potential, growing use of natural essential oils in therapeutics, and growing focus on health and hygiene are other prospects that could boost market development in the country through 2033.

Should Lemon Oil Suppliers Focus on Japan?

“Rising Popularity of Lemon-cuisine and High Exports of Lemon Oil”

A majority of the lemon essential oil produced in Japan is exported and the country also accounts for notable imports of the product as well. Setoda lemons account for more than 30% of all lemons produced in Japan and are expected to remain a popular export item in the country.

Onomichi a city located in the Hiroshima prefecture has been witnessing a rise in the popularity of lemon-based cuisine and this is also expected to boost the consumption of lemon oil in the country over the coming years. All of the aforementioned factors are expected to create lucrative opportunities for lemon oil suppliers in Japan through 2033.

Which Determinants are Expected to Steer Lemon Oil Demand in Europe?

“Presence of Flourishing Personal Care Industry and High Demand for Natural Ingredients”

Europe is home to some of the most prominent personal care and cosmetics brands in the world and this makes it a highly opportune market for lemon essential oil manufacturers over the coming years.

Growing demand for the inclusion of natural essential oils in personal care and cosmetics products, rising awareness regarding aesthetic benefits associated with lemon oil use, and growing popularity of organic ingredients are other aspects that are slated to promulgate shipments of lemon oil in European countries such as France, Italy, Germany, and the United Kingdom.

Lemon oil is also extensively used in many European cuisines and this is also projected to favor market development in European countries across the forecast period.

Category-wise Insights

Which Application Will Spearhead Consumption of Lemon Oil?

“Lemon Oil Projected to Have Bright Demand Outlook in Food & Beverage Industry”

Based on application, the market for lemon oil is segmented into therapeutics, aromatherapy, food & beverage, cosmetics, toiletries, fragrances, cleaning & home, and others.

The world has witnessed a steep rise in demand for food and beverages with natural ingredients and this is a prime factor that is predicted to boost lemon oil consumption in the future. Many food and beverage manufacturers are focusing on incorporating natural oils and natural flavors in their products to attract customers and fulfil the already growing demand.

Investments in research and development have also increased by food & beverage manufacturers to explore and widen the scope of application of several ingredients. Growing consumer awareness about the benefits of lemon oil consumption is also another factor that is slated to boost lemon oil sales in the food & beverages industry over the next ten years.

Lemon oil is also anticipated to witness an extensive increase in use in the formulation of cosmetics as consumers demand products made from natural ingredients and essential oils. The increasing popularity of lemon oil for skin lightening and lemon oil for hair health is also expected to boost market potential throughout the forecast period.

The antibiotic properties of lemon essential oil make it a highly sought-after ingredient in therapeutics, cosmetics, aromatherapy, and other applications. The pleasant fragrance of lemon oil makes it a highly popular choice in cleaning products to mask odors and chemical smells.

Competitive Landscape

Lemon oil suppliers can focus on providing lemon essential oil to different industries as the incorporation of natural essential oil in various products increases owing to changing consumer preferences and growing awareness regarding the benefits of lemon oil use.

• In December 2021, Gaia Herbs, a leading herbal product manufacturer in the U.S. announced the launch of its new range of herbal gummies that are USDA Certified Organic and Non-GMO Project Verified. The Relax Herbal Gummies consist of a blend of lemon balm, holy basil, and Passionflower.

Prime lemon oil manufacturers are also focusing on launching new products to increase their sales potential and drive revenue generation across the world.

• In February 2022, Down Under Enterprises Pty. Ltd., a company producing and exporting native Australian essential oils announced the launch of its new product. Organic Lemon Myrtle Oil was launched and is known to be the highest natural source of citral in the world as per the company.

Key Segments of Lemon Oil Industry Research

• By Form :

  • Absolute
  • Concentrates
  • Blends

• By Source :

  • Organic
  • Natural

• By Application :

  • Food & Beverages
  • Aromatherapy
  • Therapeutics
  • Cosmetics
  • Toiletries
  • Fragrances
  • Cleaning & Home
  • Others

• By Distribution Channel :

  • Modern Trade
  • Franchise Outlets
  • Specialty Stores
  • Online

• By Region :

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA