Product Code: ETC086203 | Publication Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India citrus oil market import shipments demonstrated robust growth during the period 2020-2024 with a strong CAGR of 15.6%. Notably, there was a significant acceleration in growth between 2023 and 2024, with a growth rate of 42.3%. The market expanded steadily, exhibiting a positive momentum and a clear upward trend throughout the period.
The India Citrus Oil market is expected to experience a CAGR of about 6.7%. It has been observed that growth in the food and beverage industry, due to increasing disposable income levels, is driving demand for citrus oils in India. Additionally, rising health consciousness among consumers has also increased the use of essential oils such as citronella oil and lemon oil for aromatherapy purposes across the country. Moreover, increasing consumer awareness regarding natural ingredients used in cosmetics products is likely to boost product demand over the forecast period The growing popularity of these ingredients among young customers has created an immense opportunity for manufacturers operating in this space. In addition, various vendors are introducing advanced extraction technologies such as supercritical carbon dioxide extraction technology which helps them produce pure and high quality citrus oil with minimal environmental impact thus driving sales further.
1. Increasing demand from cosmetic and personal care products (e.g., soaps, shampoos, body lotions). 2. Growing trend of natural ingredients in beauty and wellness market across India is driving the citrus oil market growth. 3. Rising consumption of essential oils to enhance the flavor and taste of beverages is also contributing to market growth. 4. Surging awareness about health benefits gained from citrus oil such as improving respiratory system, eliminating depression or anxiety etc., are boosting the demand for citrus oil in India.
1. High price fluctuations due to unstable supply chain management can adversely affect the India Citrus Oil Market Growth rate in future time span. 2.High cost associated with cultivation and harvesting of citrus fruits may hinder its production rate significantly on national level.
Some key players operating in India Citrus Oil Market includes Aurochemicals Pvt Ltd., Bontoux Sorel Industries Pvt Ltd., Ertek Corporation Co Ltd., Green Fields Natural Essential Oils & Extracts Pvt Ltd., Jeypak Enterprises Private Limited, Plant Lipids Private Limited , Pramoda Exim Corporation , RK Traders International LLP , Synthite Industries Limited , VedaOils among others..
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 India Citrus Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Citrus Oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Citrus Oil Market - Industry Life Cycle |
3.4 India Citrus Oil Market - Porter's Five Forces |
3.5 India Citrus Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Citrus Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Citrus Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of citrus oils |
4.2.2 Increasing demand for natural and organic products in the beauty and personal care industry |
4.2.3 Rise in applications of citrus oils in food and beverage, pharmaceutical, and aromatherapy sectors |
4.3 Market Restraints |
4.3.1 Fluctuations in citrus fruit production due to weather conditions |
4.3.2 High competition from other essential oils such as lavender, peppermint, and tea tree oil |
4.3.3 Challenges in maintaining consistent quality and supply chain management |
5 India Citrus Oil Market Trends |
6 India Citrus Oil Market, By Types |
6.1 India Citrus Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Citrus Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Citrus Oil Market Revenues & Volume, By Orange Oil, 2021-2031F |
6.1.4 India Citrus Oil Market Revenues & Volume, By Lemon Oil, 2021-2031F |
6.1.5 India Citrus Oil Market Revenues & Volume, By Lime Oil, 2021-2031F |
6.1.6 India Citrus Oil Market Revenues & Volume, By Grapefruit Oil, 2021-2031F |
6.1.7 India Citrus Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Citrus Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Citrus Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 India Citrus Oil Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 India Citrus Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 India Citrus Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
7 India Citrus Oil Market Import-Export Trade Statistics |
7.1 India Citrus Oil Market Export to Major Countries |
7.2 India Citrus Oil Market Imports from Major Countries |
8 India Citrus Oil Market Key Performance Indicators |
8.1 Citrus oil production yield per acre |
8.2 Percentage of citrus oil products meeting quality standards |
8.3 Number of new product launches containing citrus oil ingredients |
8.4 Citrus oil exports as a percentage of total production volume |
8.5 Consumer awareness and perception surveys on citrus oil benefits |
9 India Citrus Oil Market - Opportunity Assessment |
9.1 India Citrus Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Citrus Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Citrus Oil Market - Competitive Landscape |
10.1 India Citrus Oil Market Revenue Share, By Companies, 2024 |
10.2 India Citrus Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |