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Sweet Orange Oil Market - Global Industry Analysis, Size, Share, Trends, Growth, and Forecast 2016 - 2024

Pre Book Price: $ 5216

Original Price: $ 5795

Sweet orange oil, sometimes also known as orange oil or orange essential oil, is an essential oil primarily consisting of limonene (up to 93%). It is widely used in aromatherapy and herbal medicines, as it possess several properties such as antiseptic, anti-acne, anti-inflammatory, and antidepressant. Due to its anti-inflammatory and antiseptic properties, sweet orange oil is used for treating constipation, gastrointestinal ailments, and ulcers. The oil also exhibits cancer prevention properties. Sweet orange oil has sweet and pleasant aroma, which enlightens mood; hence, it can be used as mood booster. Furthermore, its versatile blending properties make it a safer and organic solvent. Sweet orange oil is obtained from orange, especially orange rind via the cold pressing process. The rich content of vitamin C, potassium, and antioxidants present in the oil helps in prevention of strokes and other cardiovascular diseases. The oil is also used in food and beverages as a natural preservative and flavoring agent.

Rise in demand for sweet orange oil in the food & beverages industries is a key driver of the sweet orange oil market. Its versatile properties coupled with natural source makes it a perfect ingredient for Ayurveda and homeopathic medicine. Increasing use of sweet orange oil in cosmetics for flavor, preservatives, and skin benefits are also propelling the market. Sturdy growth in food & beverages and cosmetics industries is primarily boosting the demand for sweet orange oil. The body care industry also uses sweet orange oil for stress relieving, massages, vapor therapy, aromatherapy, and other similar procedures. The oil is also generally used as a freshening agent in bath water, cloth freshener, floor cleaner, etc. However, it is known to cause irritation, nausea, inflammation, or in extreme cases dermatitis if used in excess quantities. Furthermore, exposure of sweet orange oil to sunlight (UV rays) leads to oxidation of the oil and may induce photo-toxicity, converting it into a potential toxin. The oil is flammable as well. These factors along with the presence of other alternatives such as Amyris oil, lemon oil, dill oil, and anise oil are key restraints of the sweet orange oil market.

Sweet orange oil is used in various applications. Thus, based on end-user, the sweet orange oil market can be segmented into pharmaceuticals, food & beverages, flavor & fragrances, cosmetics, body care, chemical industry, and others. Pharmaceuticals and cosmetics segments are expected to be key end-users of the sweet orange oil market. The flavor & fragrance segment is also anticipated to account for substantial share, as sweet orange oil is primarily used for its flavor and aroma. Based on grade, the sweet orange oil market can be divided into food grade sweet orange oil, pharmaceutical grade sweet orange oil, and others. Food grade sweet orange oil is used in food and beverages to add flavor and color to citrus juices, confectioneries, and other related products. The pharmaceutical grade sweet orange oil is used in the manufacture of medicines and supplements. Other grades are used in insecticides, herbicides, furniture preservatives, etc.

In terms of geography, the sweet orange oil market can be segregated into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Europe and North America are the key regions of the for sweet orange oil market, due to the rising demand from food & beverages, pharmaceutical, and cosmetics industries. Furthermore, the rise in population and growth in personal and body care industries in countries such as Germany, France, the U.S., and Italy are fuelling the demand for sweet orange oil in Europe and North America. The sweet orange market in Asia Pacific and Latin America is also expanding rapidly due to the increase in standard of living and high consumer spending on personal and body care products in these regions.

Prominent players operating in the global sweet orange oil market are Heritage Oils, Aura Cacia, DoTerra, and Mountain Rose Herbs.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
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