What is Citronella Oil Market?
Citronella oil is a naturally occurring insect and animal repellent manufactured from two grass varieties. It is found in food and beverages as a flavoring agent. It is targets pests rather than killing them. Citronella oil is also used in soap, candles, and incense, and perfumery cosmetics. These chemicals find extensive use in soap, candles and incense, perfumery, cosmetic, and flavouring industries throughout the world. Citronella oil is also a plant-based insect repellent and has been registered for this use in the United States since 1948.
Highlights from Citronella Oil Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | CitSpray Aroma Sciences (India), Givaudan (Switzerland), KSHIPRA BIOTECH PRIVATE LIMITED (India), Vigon International (United States), B Joshi Agrochem Pharma (India), Katyani Exports (India), Bulk Apothecary (United States), Gramme Products (India), TMC Industries, Inc. (United States) and Johnson Bros. Metal Forming Co. (United States) |
Global Citronella Oil is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Citronella Oil market throughout the forecasted period.
CitSpray Aroma Sciences (India), Givaudan (Switzerland), KSHIPRA BIOTECH PRIVATE LIMITED (India), Vigon International (United States), B Joshi Agrochem Pharma (India), Katyani Exports (India), Bulk Apothecary (United States), Gramme Products (India), TMC Industries, Inc. (United States) and Johnson Bros. Metal Forming Co. (United States) are some of the key players profiled in the study. Citronella Oil Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Insect Repellent, Antifungal Agent, Parasitic Infections, Promote Wound Healing and Others |
Type | Sri Lanka (Ceylon) Citronella Oil and Java Citronella Oil |
End-Use Verticals | Cosmetics,Food and Beverages,Others |
Packaging Type | Fiber Drums,HDPE Drums,Bottle,Others |
On the basis of geography, the market of Citronella Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surging Consumer Preference towards Use of Organic Products
Market Growth Drivers:
Increasing Applications of Citronella Oil as a Mosquito Repellent and Rising Citronella Oil Demand from Pharmaceutical Industries
Challenges:
Regulatory Compliances on the Use of Citronella Oil in Foods
Restraints:
Side Effects with the Consumption of Citronella Oil
Opportunities:
Changing Lifestyle coupled with rising per Capita Disposable Income can create Opportunities for the Citronella Oil Market Growth
Key Target Audience
Citronella Oil Manufacturers, Citronella Oil Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Market Leaders & Development Strategies
In 2019, Givaudan the manufacturer of flavors and fragrances completes the acquisition of Albert Vieille is specialized in 100% pure essential oils and specialty natural ingredients. This acquisition helps to increase growth strategy and supports growing leadership and strengthens global presence.