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2021
Grapefruit Oil Market

Grapefruit Oil Market by End use (Household Care, Healthcare, and Cosmetics & Personal Care), Application (Aromatherapy, Skin Care, and Hair Care), and Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Pharmaceuticals, and Online Retail): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13546
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Dec 2021 | 121 Views
   
Author(s) : Roshan Deshmukh
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Grapefruit oil is a fat-burning food as it contains a variety of volatile chemicals. Grapefruit oil is regarded as multipurpose oil due to its natural perfume and harsh flavor. Grapefruit oil contains antioxidants as well as phytochemicals, which aid in the reduction of oxidative stress and inflammation. Myrcene, vitamin C, pinene, terpene, and citronellol are all found in grapefruit oil. It is used to treat respiratory and throat infections, as well as muscle aches, weariness, and arthritis. The majority of the benefits of grapefruit oil are attributed to limonene, a key ingredient that accounts for 80-90 percent of the oil. Limonene aids in the fight against cancer and tumors, as well as protects DNA from harm. Grapefruit oil is a natural detoxifying agent that aids the liver in the removal of toxins from the body. It even aids in the lymphatic system's activation and fluid retention control. It is an antibacterial ingredient that can aid in the elimination of dangerous food-borne germs. It aids in stress reduction by promoting relaxation.

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available for Years

 2020–2030

 Base Year Considered

 2020

 Forecast Period

 2021–2030

 Forecast Unit

 Value (USD)

 Regions Covered

 North America, Europe, Asia-Pacific, and LAMEA

 Segments Covered

 End Use, Application, Distribution Channel, and Region

 Companies Covered

Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading and Alabama Essential Oil Company.


COVID-19 Impact Analysis

  • COVID-19 began to spread all over the world in the first half of 2020, infecting millions of people globally, prompting major countries around the world to impose foot prohibitions and work stoppage orders. Most industries have been severely hit, with the exception of medical supplies and life support products. Even, grapefruit oil industry has been severely impacted.
  • The pandemic disrupted the supply chain, with businesses reporting significant delays in obtaining the raw materials they require. Inventory management has become particularly difficult for producers as a result of this.
  • The lockdown restrictions, along with manpower shortage, resulted in a drop in grapefruit oil output and sales.

Top Impacting Factors

  • The grapefruit oil market is expected to grow at a moderate rate, owing to the numerous health benefits provided by grapefruit oil.
  • Grapefruit oil has natural disinfectant characteristics in addition to remarkable antimicrobial and antiviral properties, making it a viable ingredient for the development of various antibacterial and disinfection agents.
  • Furthermore, grapefruit oil may be used to effectively treat a variety of skin infections, which is expected to continue to drive demand for grapefruit oil in the dermatology market.
  • Leading grapefruit oil manufacturers competing in the worldwide grapefruit oil market landscape are grappling with this demand-supply imbalance, prompting new product development.

Market Trends

Grapefruit Oil Helps in Weight Reduction

As healthy weight management gains traction among global consumers, grapefruit oil is expected to see an increase in its use in weight loss therapy. While a variety of natural essential oils have been used to help with weight loss, grapefruit oil is still one of the most popular. Grapefruit oil has been shown to stimulate functioning enzymes in the human body that help with fat reduction. As D-limonene is found in grapefruit, it helps to maintain a healthy metabolism and cleanse lymphatic glands, resulting in weight loss.

Grapefruit oil affects the function of autonomic neurons, which control important biological activities like digestion and heart activity, resulting in reduced hunger and weight reduction, according to a few recent preliminary studies. Grapefruit oil market is expected to explore additional prospects in weight loss therapy as growing consumer base shifts to a healthier lifestyle. Increase in tendency toward weight loss among people is anticipated to increase the demand for grapefruit oil.

Europe to Remain the Market Leader

Over the years, Europe, as one of the most developed and rich regional markets, has proven to be the most profitable zone for producers of natural essential oils. In Europe, pricey essential oils such as grapefruit oil have a smaller impact on sales due to their high price point, which would otherwise be a barrier to widespread adoption in most regional markets. Grapefruit oil has generated substantial income in the European market, and the study predicts continued rise in the sales revenue of Europe's grapefruit oil market in the upcoming years, owing to high industrial demand.

The existence of the food and allied businesses in the continent, as well as a somewhat established market for organic oils, are credited with this expansion. During the projected period, Europe is expected to continue to lead in terms of growth and revenue share, according to the global grapefruit oil market study.

Key Segments Covered

End use

  • Household Care
  • Healthcare
  • Cosmetics and Personal Care

Application

  • Aromatherapy
  • Skin Care
  • Hair Care

Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Pharmaceuticals
  • Online Retail

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the grapefruit oil industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the grapefruit oil market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the grapefruit oil market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed grapefruit oil market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Grapefruit Oil Market Research Report

  • Which are the leading players active in the grapefruit oil market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is grapefruit oil market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the grapefruit oil market?
 
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