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-
- Others (Pummelos & Mandarins)
On the basis of extraction, the global juice oils market has been segmented as-
- Water Distillation
- Steam Distillation
- Water and Steam Distillation
- Solvent Extraction
- Hypercritical Carbon Dioxide Extraction
- Cold Pressed Extraction
On the basis of the application: the global juice oil market has been segmented as –
- Food and beverages
- Nutritional and dietary supplement
On the basis of distribution, the global juice oils market has been segmented as-
- 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.
The Juice oils market 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 Juice oils market, including but not limited to: regional markets, type, application, extraction and distribution.
The study is a source of reliable data on:
- Juice oils 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 Juice oils market 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 juice oils market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Juice oils market 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 juice oils market
- Recommendations to companies for strengthening their foothold in the juice oils 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.