The global cold pressed citrus oil market is expected to grow at a significant CAGR during the forecast period (2024-2031). Cold pressed citrus oil has grown in leaps and bounds, particularly used in the beauty and wellness industry. The health benefits of citrus oil have contributed significantly to the expansion of the global cold pressed citrus oil industry. Citrus oil is thought to relieve stress and tension in the body, as well as relax muscles and tissues. As a result, the demand for this oil in the wellness business is predicted to skyrocket in the coming years. Citrus oil is also in high demand in the chemical industry for research and testing. Citrus oil’s cleansing capabilities have contributed significantly to the growth of the global cold pressed citrus oil market. For vendors in the global cold pressed citrus oil industry, the next decade will be critical in determining a growth path.
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The global market is predicted to grow in response to rising demand for foods and drinks with higher nutritional value. The market growth is also predicted to be aided by the product’s widespread availability and ease of use. Aside from that, important factors such as changing lifestyles, and an increase in the number of spas and massage facilities are propelling the market growth. Citrus oil market growth is hampered by a lack of awareness in emerging countries. Citrus oil market growth is projected to be boosted in the near future by an increase in demand for citrus fruits and ingredients in the retail and pharmaceuticals industries.
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Market Coverage
- Segment Covered
- Regions Covered- Globally
Competitive Landscape: Symrise AG, Lionel Hitchen, and Bontoux, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cold Pressed Citrus Oil Market Report Segmentation
By Product
- Orange Oil
- Lemon Oil
- Grapefruit Oil
- Bergamot Oil
By Application
- Food & Beverages
- Cosmetics & toiletries
- Spa & Relaxation
- Cleaning Solvents
- Medicinal Use
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