Antibacterial Properties of Orange Essential Oil Leading to High Use in Air Care and Sanitization Products, Fact.MR Report

In its new industry research report, Fact.MR reveals that the global orange essential oil market is estimated to be worth US$ 857.4 million in 2024 and progress further at a CAGR of 5.4% from 2024 to 2034.

Due to rising consumer desire for natural goods and increased awareness of their many advantages, orange essential oil is now in high demand globally. Orange oil has been a mainstay in natural cosmetics and aromatherapy products due to its skin-nourishing qualities and uplifting scent in the personal care industry. In line with clean label trends, the food and beverage sector regards it as a natural flavoring and preservation ingredient.

Orange oil is a vital component of natural cleaning solutions, and eco-aware customers are boosting demand in the household goods industry. Recent worries about world health have pushed the trend toward using it in air care and sanitization products due to its antibacterial qualities.

New directions in pharmaceuticals and nutraceuticals are being opened by the continuous investigation into the possible health advantages of orange oil. This biodegradable, renewable resource is becoming increasingly popular as the industry prioritizes sustainability, which is driving up demand worldwide in a variety of applications.

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Key Takeaways from the Market Study:

• The global orange essential oil market is forecasted to reach a size of US$ 1.46 billion by the end of 2034.
• The South Korean market is evaluated to expand at a CAGR of 5% from 2024 to 2034.
• The North American market is forecasted to expand at a CAGR of 5% through 2034.
• East Asia is projected to hold a market share of 25.7% by 2034.
• The United States is projected to occupy a share of 73.5% in North America by 2034. The market is expected to reach US$ 220.7 million by the end of 2034.
• Based on nature, sales of conventional orange essential oil are analyzed to rise at a CAGR of 5.6% and account for a market share of 67.9% by 2034.

“Recognized health benefits of orange essential oils are leading to recommendations by the dietary supplement and pharmaceutical industries. Shift towards natural and organic formulations is driving market growth,” says a Fact.MR analyst.

Leading Players Driving Innovation in the Orange Essential Oil Market:

Symrise AG; Bontoux S.A.S.; Lionel Hitchen (Essential Oils) Ltd.; Young Living Essential Oils LC; Citrus and Allied Essences Ltd.; doTERRA International; LLC; Mountain Rose Herbs Inc.; Citromax S.A.C.I.; Citrosuco Paulista SA; Ultra International B.V.; Plant Therapy Essential Oils; Aksuvital; Biolandes; Aromaaz International.

Use of Supercritical CO2 Extraction Leading to Orange Essential Oils with Improved Medicinal Properties

Supercritical CO2 extraction is one of the advanced extraction methods producing oils that are more powerful, pure, and have improved medicinal qualities. This has created new opportunities for the pharmaceutical and nutraceutical businesses, where studies on the possible anti-inflammatory and antioxidant properties of orange oil are being conducted.

Orange essential oil is being used in skincare and makeup in a way that is being revolutionized by nanotechnology. The stability and absorption of the oil are being enhanced by nanoencapsulation processes, resulting in products that are more potent and durable.

New techniques for microencapsulation in the food sector are making it possible to add orange oil to a greater variety of goods, improving their flavor and shelf life. Innovations in sustainable sourcing, such as using orange peels from juice manufacturing waste, are enhancing the oil's eco-credentials and attracting customers who care about the environment.

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Orange Essential Oil Market News:

Renowned flavor and fragrance supplier Firmenich announced in March 2023 the release of their new orange oil substitute to guarantee a steady supply of the former. The same orange scents and tastes may be achieved using orange NextGen extenders and replacers.

UPL, a well-known sustainable agriculture company, and Oro Agri, a committed agricultural product manufacturer, announced their collaboration in August 2022 for the co-development and distribution of orange oil as a solution with string adjuvant qualities to prevent pests and illnesses in crops.

More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the orange essential oil market for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study divulges essential insights into the market based on nature (organic, conventional), end use (food & beverages, cosmetics & personal care, home care products, aromatherapy, other industrial uses), and distribution channel (business to business, hypermarkets/supermarkets, e-Commerce, other retail formats), across seven major regions of the world (North America, Western Europe, Eastern Europe, East Asia, Latin America, South Asia & Pacific, and MEA).

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The global citrus essential oil market is projected to expand at a CAGR of 4.1% and hit a valuation of US$ 6 billion by 2032, up from its current size of US$ 4 billion in 2022.

The global grapefruit oil market is estimated to expand at a CAGR of 5% from 2023 to 2033. The market is valued at US$ 400 million in 2023 and is thus forecasted to reach US$ 650 million by 2033-end.

The global lemon oil market stands at a valuation of US$ 979.4 million and is projected to evolve at 4.8% CAGR over the next ten years. Sales of lemon oil are anticipated to reach a market value of US$ 1.56 billion by the end of 2033.

Worldwide sales of citronella oil are forecasted to increase at a CAGR of 5% from 2023 to 2033. The global market is currently valued at US$ 110 million and is thus expected to reach a market size of US$ 180 million by the end of 2033.