Lime essential oil is a citrus essential oil that belongs to the family of essential oils. The peel of the key lime fruit is used to make lime oil. The Rutaceae plant family includes key lime, often known as Citrus aurantifolia. Antiseptic, antiviral, astringent, aperitif, bactericidal, disinfectant, febrifuge, haemostatic, restorative, and tonic are some of its beneficial properties. It aids in the recovery of energy, the stimulation of hunger and appetite, the prevention of ageing symptoms, the battle against infections, the reduction of muscle and joint discomfort, and the treatment of food poisoning and typhoid. Lime oil is used in a variety of industries, including medicines, cosmetics, and healthcare, due to its beneficial characteristics. The demand for lime has risen in recent years due to its wide range of health benefits; nonetheless, the global sales revenue of lime oil is predicted to expand at a slow pace.
COVID-19 Impact analysis
- The Lime Oil Market has suffered as a result of the COVID-19 pandemic. Many governments implemented a plethora of restrictive measures in an attempt to halt the spread of the COVID-19 virus, however, these have hurt demand and, as a result, industrial output across a wide range of industries.
- The industry has collapsed due to a major shift in the supply chain. To accommodate demand, food processing companies used to have additional capacity in warehouses or on production lines.
- Manufacturing organizations may struggle to manage inventory in 2020 due to supply disruptions. This has had a negative impact on food and beverage operations across the country. However, in 2021, the situation is likely to improve, allowing the market to resume its upward path.
Top Impacting Factors
- Lime oil, in addition to having outstanding purifying characteristics, also has exceptional antibacterial and disinfection properties, making it a perfect option for usage in a variety of household and personal care products. The addition of natural lime oil to commonly used personal care products is thought to increase value.
- Furthermore, lime oil's capacity to help prevent hair loss, skin ageing, and muscle weakness will continue to drive lime oil's use in anti-aging cosmetic goods.
- The continued consumption of lime oil by a wide range of end-use industries in Europe will fuel the growth of the lime oil market in the continent.
Market Trends
Growing commercialization of lime oil and innovative combination to provide new opportunities
Lime oil is one of the more economical essential oils when compared to its more expensive siblings, allowing it to attract a bigger consumer base than other essential oils. Natural essential oils are on a steady upward trajectory, thanks to a large customer base that prefers natural and organic products over conventional ones. The need for natural, non-chemical ingredients has a significant impact on purchase decisions for processed foods. Lime oil manufacturers are progressively emphasizing the introduction of food-grade lime oil variants for both taste and preservation purposes. Lime oil was first used commercially as a natural preservative in canned, frozen, and vacuum-packed goods, as well as bottled beverages and fruit juices.
Combinations of lime oil variants have recently been tested in oral care products including toothpaste and mouthwash. In addition, manufacturers are developing efficient blends of lime oil and other complementary essential oils for use in aromatherapy. In medicinal uses, research supports the use of two or more essential oils in combination. Over 80% of the lime oil content is made up of volatile chemicals, which are primarily responsible for lime oil's antibacterial properties. As these volatile components are commonly lost at higher temperatures, key players in the global lime oil market are working on maintaining this part of lime oil at room temperature or within a greater temperature range.
Lime oil's antimicrobial, antibacterial, and antioxidant characteristics will continue to boost its popularity in the coming years. Lime oil may also easily ward against infections and hasten wound healing, all of which are expected to boost its prospects of being adopted in the near future. Lime oil can aid blood coagulation in addition to its extraordinary ability to manage infections of the mouth, throat, urinary system, and stomach.
Lime oil is an important component in a blend of essential oils used to treat inflammatory skin problems like acne and arthritis. Furthermore, lime oil has gained popularity in aromatherapy in recent years as a result of its energy-boosting and mood-lifting properties. The demand for lime oil in therapeutics will stay stable over the predicted period.
Key Benefits of the Report
- This study presents the analytical depiction of the Lime 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 Lime Oil Market share.
- The current market is quantitatively analyzed to highlight the Lime Oil Market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Lime Oil Market analysis based on competitive intensity and how the competition will take shape in coming years
Questions Answered in the Report
- Which are the leading players active in the Lime 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 of the market?
- What future projections would help in taking further strategic steps?
- What is Lime 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 Lime Oil Market?
Lime Oil Market Report Highlights
| Aspects | Details |
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 Key Market Players | BASF, Eni, Cargill, Total, Givaudan, Chevron, Vitol, ADM, Symrise, BP |
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