Product Code: ETC086208 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Citrus Oil Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.14% in 2025 and reaches 0.27% by 2029.
By 2027, the Citrus Oil market in Philippines is anticipated to reach a growth rate of 0.21%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Philippine citrus oil market was estimated at USD 0.13 billion in 2025 and is projected to register a CAGR of 8% on account of its growing popularity owing to its multiple health benefits ranging from improving digestion process, boosting energy levels as well as enhancing immunity system against common ailments like colds or flu viruses amongst others thus driving up its sales globally predominantly coming from food & beverages industries followed by cosmetics & personal care sector which are increasingly using it as essential ingredients due primarily due presence anti oxidant properties along with fragrance quality it provides thereby fueling demand further significantly stimulating overall category growth rate respectively during given timeline .Moreover rapidly changing lifestyles leading people towards healthy eating habits has resulted increased number usage within confectionary items like chocolate bars ,candies ,ice creams etc while recent regulatory policies implemented related safety standards mandated by Food Safety Authority (FSA) will consequently generate more lucrative opportunities business going ahead soonest potential time frame noted earlier mentioned context thus augmenting respective business space over foreseeable future too.
The Philippines Citrus Oil market is thriving, driven by the growing demand for natural and organic ingredients in various industries, including food, cosmetics, and aromatherapy. An important driver in this market is the rising awareness among consumers about the benefits of citrus oils, such as their refreshing and uplifting properties.
The Philippines Citrus Oil market faces challenges related to both production and marketing. Climate change and weather fluctuations can impact citrus fruit harvests, affecting the availability of raw materials for oil extraction. Additionally, maintaining consistent product quality and meeting international standards for purity and authenticity are challenges in this market. Creating effective marketing strategies to promote the benefits of citrus oils, differentiate from competitors, and target diverse consumer segments can also be a hurdle for market players.
The Philippines Citrus Oil market faced complexities due to the COVID-19 pandemic. Disruptions in transportation and international trade affected the supply chain of key players like Citrus Essence Extracts, Zesty Aromatics, and PureCitrus Oils. Fluctuations in demand from the food and fragrance industries further impacted the market. Despite challenges, the market demonstrated resilience as consumers sought natural and immune-boosting products. Companies pivoted towards e-commerce platforms and local distribution to cater to changing consumer preferences. As the situation improved, the market experienced a rebound, emphasizing the importance of adaptability and diversification in uncertain times.
The Philippines Citrus Oil market has been flourishing, driven by the demand for natural and aromatic ingredients. Leading players in this market include CitrusHarvest Extracts, ZestyAroma Oils, and NatureFruit Blends. These companies specialize in extracting and supplying citrus essential oils used in aromatherapy, cosmetics, and flavoring applications. The market`s growth is attributed to the popularity of citrus scents and the expanding wellness 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 Philippines Citrus Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Citrus Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Citrus Oil Market - Industry Life Cycle |
3.4 Philippines Citrus Oil Market - Porter's Five Forces |
3.5 Philippines Citrus Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Citrus Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Citrus Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Citrus Oil Market Trends |
6 Philippines Citrus Oil Market, By Types |
6.1 Philippines Citrus Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Citrus Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Citrus Oil Market Revenues & Volume, By Orange Oil, 2021-2031F |
6.1.4 Philippines Citrus Oil Market Revenues & Volume, By Lemon Oil, 2021-2031F |
6.1.5 Philippines Citrus Oil Market Revenues & Volume, By Lime Oil, 2021-2031F |
6.1.6 Philippines Citrus Oil Market Revenues & Volume, By Grapefruit Oil, 2021-2031F |
6.1.7 Philippines Citrus Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Citrus Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Citrus Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Philippines Citrus Oil Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Philippines Citrus Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Philippines Citrus Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
7 Philippines Citrus Oil Market Import-Export Trade Statistics |
7.1 Philippines Citrus Oil Market Export to Major Countries |
7.2 Philippines Citrus Oil Market Imports from Major Countries |
8 Philippines Citrus Oil Market Key Performance Indicators |
9 Philippines Citrus Oil Market - Opportunity Assessment |
9.1 Philippines Citrus Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Citrus Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Citrus Oil Market - Competitive Landscape |
10.1 Philippines Citrus Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Citrus Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |