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Global Citrus Aurantium Extract Market: Overview

Citrus aurantium extract is derived from citrus tree native to South East Asia. The citrus aurantium extract have is used in skin infection, food products, soap, supplement fragrances along with treatment of chronic fatigue syndrome, nasal congestion and some herbal medicines. The global citrus aurantium extract market is expected to grow at a significant growth rate, attributed to increasing application of the extract in herbal supplements. The citrus aurantium extract market in North America is expected to register a relatively high growth rate over the forecast period followed by Asia Pacific.

Global Citrus Aurantium Extract Market: Dynamics

The major factors driving growth of the global citrus aurantium extract market include growing demand for the extract in herbal supplements, attributed to increasing health concern among the consumers across the globe. The statement by U.S. National Centre for Complementary and Integrative Health the bitter orange is safer to use than ephedra as well as the ban over herbal stimulant ephedra in the U.S. and Canada leads to fuelling the demand for global citrus aurantium extract market in the North America. The branding of citrus aurantium containing supplements as herbal weight-loss ephedra-free products, results in driving the global citrus aurantium extract market over the forecast period.

However, citrus aurantium is also expected to cause the same spectrum of side effects as ephedra as well as it is banned by the National Collegiate Athletic Association (NCAA). This, in turn, leads to create negative impact on citrus aurantium market over the forecast period. Additionally, high cost of production of citrus aurantium extract is also expected to restrain the citrus aurantium market particularly in regions such as Asia-Pacific and Middle East and Africa. Companies manufacturing citrus aurantium extract products can leverage potential opportunities in regions such as North America, Europe and Asia Pacific, attributed to rapidly growing demand for herbal supplements and appetite suppressant, and the trend is expected to continue over the forecast period.

Global Citrus Aurantium Extract Market: Segmentation

The global citrus aurantium extract market is segmented on the basis of end-use industry, application, and region. Among the end-use industry segments, pharmaceutical industry segment contribute for significant value share over the forecast period in global citrus aurantium extract market owing to high demand for citrus aurantium extract in herbal supplements. Based on application, appetite suppressant segment is expected to count for relatively high revenue share with significant growth rate, attributed to high demand for weight losing product across the globe.

Based on the end-use industry, the global citrus aurantium extract market is segmented into:

  • Pharmaceutical
  • Food
  • Personal Care

Based on application, the global citrus aurantium extract market is segmented into:

  • Essential Oil
  • Appetite Suppressant
  • Weight Loss Aid
  • Others

Global Citrus Aurantium Extract Market: Regional Overview

On the basis of geography, the global citrus aurantium extract market is segmented into seven regions namely, North America, Western Europe, Asia Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. Among the regions, North America dominates the global citrus aurantium extract market in terms of revenue contribution owing to relatively high demand for citrus aurantium extract from the herbal supplements market. North America is followed by Western Europe, attributed increasing health awareness among the consumer in the region. APEJ account for relatively high volume share in the global citrus aurantium extract market, attributed to growing population particularly in the countries such as China and India. Eastern Europe and Japan account for a relatively low value share in the global citrus aurantium extract market. Latin America and Middle East & Africa are expected to represent moderate opportunity in the global citrus aurantium extract market, owing to the moderate economic as well as industrial growth in the region. Overall, the outlook for the global citrus aurantium extract market is positive over the forecast period.

Global Citrus Aurantium Extract Market: Key Players

Some of the prominent players in the global citrus aurantium extract market include Nutraceutical Corporation, Shaanxi huadong Biological Technology Co., Ltd., Nutra Green Biotechnology Co., Ltd., Ningbo J&S Botanics Inc., and Nanjing NutriHerb BioTech Co., Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Citrus Aurantium Extract Market

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