Product Code: ETC4689054 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bhutan Citrus Oil Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 2.63% in 2025, climbs to a high of 5.74% in 2028, and moderates to 3.76% by 2029.
Bhutan's Citrus Oil market is anticipated to experience a growing growth rate of 5.36% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The citrus oil market in Bhutan includes essential oils derived from citrus fruits, such as orange, lemon, and lime. These oils are used in various applications, including flavoring, fragrance, and aromatherapy. The market is influenced by the popularity of citrus-based products and the increasing demand for natural and organic ingredients. The market`s growth is also supported by trends in wellness and personal care. Challenges include the availability of raw materials and fluctuations in oil prices.
The Bhutan citrus oil market benefits from the expanding use of citrus oils in the fragrance, cosmetics, and food and beverage industries. Citrus oils are valued for their refreshing scents and natural properties, making them popular in a wide range of products. The growing trend towards natural and organic ingredients drives the demand for citrus oils, as consumers increasingly seek products that offer both functional and sensory benefits. Additionally, the rise in disposable incomes and lifestyle changes contribute to the market`s expansion as more consumers incorporate citrus-based products into their daily routines.
Challenges in the Bhutan citrus oil market include limited domestic production capabilities and high reliance on imports. The market is affected by fluctuations in international citrus oil prices and supply chain issues. Additionally, there is a need for improved infrastructure and technology to enhance the extraction and processing of citrus oils. The lack of local expertise and awareness about the benefits and applications of citrus oils also poses challenges for market growth and expansion.
In Bhutan, the citrus oil market is influenced by policies that support the growth of the agriculture and essential oils industries. The government promotes the cultivation of citrus fruits and the extraction of essential oils through agricultural incentives and support programs. Regulations ensure that citrus oils meet quality and safety standards for use in food, cosmetics, and aromatherapy. The Bhutan Agricultural Development Board plays a key role in overseeing these regulations and supporting the citrus oil industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Citrus Oil Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Citrus Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Citrus Oil Market - Industry Life Cycle |
3.4 Bhutan Citrus Oil Market - Porter's Five Forces |
3.5 Bhutan Citrus Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bhutan Citrus Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bhutan Citrus Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bhutan Citrus Oil Market Trends |
6 Bhutan Citrus Oil Market Segmentations |
6.1 Bhutan Citrus Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Citrus Oil Market Revenues & Volume, By Orange Oil, 2021-2031F |
6.1.3 Bhutan Citrus Oil Market Revenues & Volume, By Lemon Oil, 2021-2031F |
6.1.4 Bhutan Citrus Oil Market Revenues & Volume, By Lime Oil, 2021-2031F |
6.1.5 Bhutan Citrus Oil Market Revenues & Volume, By Grapefruit Oil, 2021-2031F |
6.1.6 Bhutan Citrus Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bhutan Citrus Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Citrus Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Bhutan Citrus Oil Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Bhutan Citrus Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Bhutan Citrus Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
7 Bhutan Citrus Oil Market Import-Export Trade Statistics |
7.1 Bhutan Citrus Oil Market Export to Major Countries |
7.2 Bhutan Citrus Oil Market Imports from Major Countries |
8 Bhutan Citrus Oil Market Key Performance Indicators |
9 Bhutan Citrus Oil Market - Opportunity Assessment |
9.1 Bhutan Citrus Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bhutan Citrus Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bhutan Citrus Oil Market - Competitive Landscape |
10.1 Bhutan Citrus Oil Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Citrus Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |