The orange oil market is experiencing a significant growth, and will grow considerably in next few years. Orange oil is an essential oil that is extracted from citrus sinensis fruit (orange fruit) rind. Unlike many other essential oils, orange oil is a by-product, which is produced through centrifugation of orange juice. It usually has 90% or above d-limonene content and is considered as suitable alternative for pure d-limonene. Today, products with herbal or natural ingredients are having an upper hand over products that are prepared using synthetic materials. Consumers invariably incline towards products that do not carry any risk of side-effects. Orang oil are natural and usually do not cause any adverse reaction, which makes it a suitable ingredient for cosmetic, wellness, and food products. Many of the premium wellness products are prepared using pure orange oil. Moreover, the product is used in aromatic therapies as well as for food flavoring. There are some theories, suggesting that orange oil fragrance has antispasmodic, antidepressant, and carminative properties
COVID-19 Impact analysis
- The consumers are shifting towards being health conscious and are looking for good and healthier foods and nutrients and orange oil accounts for one of them. So, the increase in the demand during COVID-19 can be witnessed.
- In the short term, the market demand will show Superior growth due to the increase in infections and reduced economic activity.
- However, the fact cannot be ignored that the spread of COVID-19 led to the lockdowns and supply chain disruptions and created problems in supply of the product
Top Impacting Factors
- Rising demand for aromatic fragrance oils in the hospitality sector is likely to cater the growth of the global orange oil market. Guests arriving in the hotels, multiplexes and malls feel good and rejuvenated of the surrounding air is fresh with mild fragrances.
- Growing favorability of consumers towards naturally made beauty care and personal care products is leading to the innovation and development in the orange oil market. It can be categorized as a luxury product due to its high demand among the high-income group and exceptionally soaring prices. Another factor for growth for the growth of the market.
- The enormous quantity of plant material required to obtain a single ounce of the product are the rising concerns for resource depletion. This is likely to hamper the growth of global orange oil market.
Market Trends
Growing preference for orange oil in cosmetics
Orange essential oil is used in cosmetic products such as face masks and hydrating creams, especially for oily and damaged skin. The blending and anti-microbial property of orange essential oil is an additional advantage for its use in cosmetics. Orange essential oil is also used as an alternative for chemical preservatives in cosmetics due to its anti-bacterial and anti-fungal properties.
Increased application in personal care
Orange essential oil has great blending and solubility properties, and thus, is popular for use in commercial and various home care products. Orange essential oil provides a natural orange aroma along with its anti-microbial properties, which enable its application in personal care products such as sanitary and cleaning products. The increasing use of aromatic household products like cleaners is anticipated to have a positive impact on the orange essential oil market during the forecast period
Key Benefits of the Report
- This study presents the analytical depiction of the Orange 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 Orange Oil market share.
- The current market is quantitatively analyzed to highlight the Orange Oil market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Orange Oil market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Report
- Who are the leading market players active in the Orange Oil market?
- What current trends 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 " Orange 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 " Orange Oil " Market?
Orange Oil Market Report Highlights
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 Key Market Players | Moksha Lifestyle Products, Aroma Aromatics & Flavours, Interstate Commodities Corp., Biolandes, The Lebermuth Company, Inc., doTERRA, Kapco International Ltd., Young Living Essential Oils, Jedwards International, Inc., India Essential Oils, Mentha & Allied Products Private Limited, NHR Organic Oils, Floracopeia Inc., Aromaaz International |
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