Market outlook:

Juice oil is the extracted oil from the fruits. The oil recover in single strength juice in deoiling operations is called juice oil, even though most of this oil comes from the peel. Juice oils are not only found in oil sacs in the flavedo in the fruit peel but also in the juice cells themselves. The juice oil is obtained from various fruits like orange, lemon, lime, grapefruit, etc. Citrus fruits are the main source for the extraction of juice oils. European and American market has shown high-end consumption for the citrus fruits. This has led to a large number of producers and processors of citrus fruits for extraction of juice oils in European and American market. The European market is anticipated to have a large number of Juice oils market due to the huge demand for food, beverage, natural personal care, and cosmetic products. The Juice oils market is characterized as medium to high competition market due to the presence of the large to small and medium-size firms with no differentiation in the product. Competition by the key players in Juice oils market is intensified and emphasis on the organic, clean labels and product quality. On the other hand market leaders like doTerra, Flavex, and lubermuth are on the expansion by adaptation of new extraction methods and new product development. Acquisition and merger are the key strategies used by the key players in the market. 

An Inclination of consumer towards the wide application of juice oils.

Consumers are more inclined towards natural and nutritive food, beverages and personal care products which have led the demand for the juice oil use in the products. The juice oils have wide application in various fields such as food, beverages, personal care, cosmetic, and Pharmaceutical. Juice oils have antioxidant property, which is useful for various cosmetic products like skin care, cleansing and hair products. In addition, juice oils provide health benefits like relieving nausea, promote weight loss, improve digestion, purify the body, nourish the skin, relieve cough and other respiratory issues, restrain the growth of bacteria, and work as an anti-tumor agent. Unlike regular conventional medicines, juice oil does not have any major side effects. The juice oils are used as an important ingredient in personal care products for flavoring and fragrance. Due to the changing lifestyle of consumers, there is a rise in the demand of flavors, Fragrance and personal care products. This has led to the rise in the global demand for juice oil in different sectors. The developing regions like China, India, Indonesia, etc. have a rise in the disposable income of the consumer, which made them pay more for the premium healthy and nutritive products. The trend of clean labels is also influencing companies to use juice oils in their products leading to the growth of Juice oils market. 

Global Juice oils market: Market Segmentation:

On the basis of type, the global juice oils market has been segmented as-

  • Orange
  • Lemon
  • Lime
  • Grapefruits
  • Others (Pummelos & Mandarins) 

On the basis of extraction, the global juice oils market has been segmented as-

  • Distillation
    • Water Distillation
    • Steam Distillation
    • Water and Steam Distillation
  • Solvent Extraction
    • Hypercritical Carbon Dioxide Extraction
    • Maceration
    • Enfluerage
  • Cold Pressed Extraction 

On the basis of the application: the global juice oil market has been segmented as –

  • Food and beverages
  • Cosmetics
  • Pharmaceutical
  • Nutritional and dietary supplement
  • Aromatherapy

On the basis of distribution, the global juice oils market has been segmented as-

  • B2B
  • B2C
    • Specialty Stores
    • Convenience stores
    • Online Stores
    • Hypermarket/ Supermarket 

Juice oils markets Market: Key Players:

  • doTERRA International LLC
  • Biolands International Limited
  • Flavex Nuturextrakte GmBH
  • The Lebermuth Company Inc
  • Young Living Essential Oils
  • Farotti SRL
  • Kapco International Ltd
  • Moksha Lifestyle Products
  • Lionel Hitchen Limited
  • Royal DSM
  • Reynaud & Fils  

Opportunities for Market Participants:

Due to increment in the number of food and beverage industries in the past few years, the growth opportunity for juice oil is increased. Growing trends of beauty and personal care products are expected to give rise to the juice oils market. As juice oils are used in various cosmetic products including skin care and hair care products due to its antioxidant property. Demand for juice oils market is also increasing with the growth of the cosmetic industries, creating opportunities for the companies to explore new extraction methods for the juice oils. Also, growing demand in Europe for flavors and fragrance industry have a significant impact on the juice oils market. Favorable government policies and increasing demand for natural food in the developing countries are providing ample opportunities for the juice oils market. The Introduction of new juice oils through combination with different fruits can led to the new product development opportunity.

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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