How big is the limonene market | Industry Size & Growth Opportunities 2025

How big is the limonene market?

The market is growing due to increasing demand for bio-based solvents, natural flavouring agents, and green cleaning products across food, cosmetics, and industrial sectors.

Key Growth Drivers of the Limonene Market

• Rising demand for natural and biodegradable ingredients in personal care and food
• Expanding applications in pharmaceuticals and aromatherapy
• Increasing consumer preference for eco-friendly cleaning products
• Greater usage as a solvent in industrial and commercial settings
• Regulations favouring non-toxic and GRAS-certified additives

Limonene Market Trends

Limonene market is witnessing growing use in natural fragrance and flavour formulations. There's a shift from synthetic to citrus-derived compounds in FMCG. It is also being explored as a green solvent in resins, paints, and adhesives. Increased R&D is focusing on limonene's potential as an antimicrobial and anticancer agent. Packaging innovations using limonene-infused films are gaining momentum in food safety.

Emerging Developments in the Limonene Market

Limonene market is evolving with advanced extraction techniques and valorisation of citrus peel waste. Biotech firms are engineering microbial fermentation processes for synthetic biology-based limonene production. There's growing commercialization of limonene-based biodegradable plastics. Strategic partnerships between flavour houses and Agri-tech companies are enabling sustainable limonene sourcing. Limonene is also under study as a fuel additive and corrosion inhibitor.

List of Leading Companies in the Limonene Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Florida Chemical Company (a division of ADM)

Florida Chemical is one of the largest producers of citrus-based d-Limonene, supplying the food, fragrance, cleaning, and industrial solvent industries globally.

2. Spectrum Chemical Mfg. Corp.

Spectrum Chemical supplies high-purity limonene for pharmaceutical, cosmetic, and food-grade applications, supporting diverse industrial and laboratory uses.

3. International Flavors & Fragrances Inc. (IFF)

IFF formulates d-Limonene into various aroma compounds and natural flavorings used in fragrances, personal care, and household product manufacturing.

4. Mentha & Allied Products Ltd.

Mentha & Allied Products produces natural flavoring oils including limonene, serving global markets in perfumery, food processing, and pharmaceuticals.

5. Shree Bankey Behari Lal Aromatics

SBBL manufactures citrus-derived limonene for use in essential oils, food flavors, and fragrances, emphasizing quality and natural extraction processes.

6. Frutarom Industries Ltd. (Part of IFF)

Frutarom develops natural flavoring solutions including limonene derivatives, targeting beverage, dairy, confectionery, and functional food sectors.

7. Aroma Aromatics & Flavours

The company produces and exports d-Limonene and citrus oils for global applications in food flavoring, cleaning agents, and perfumery.

8. Citrosuco S.A.

Citrosuco, a major citrus processor, produces limonene as a byproduct of orange juice manufacturing, supplying the industrial and fragrance markets.

9. FBC Chemical Corporation

FBC Chemical distributes d-Limonene and citrus solvents for cleaning, degreasing, and adhesive removal across the industrial and janitorial sectors.

10. Norkem Group

Norkem supplies d-Limonene globally for applications in food flavors, pharmaceuticals, cosmetics, and cleaning products, offering scalable distribution solutions.

How big is the limonene market : FAQs