What is Lemon Essential Oil?
Lemon essential oil is an essential oil that is frequently used in aromatherapy. Lemon essential oil is derived from the peel of the Citrus lemon plant and is claimed to provide a variety of health advantages. This is not to be confused with lemongrass essential oil. Lemon essential oil can be diluted and used directly on the skin, or it can be diffused and breathed. Some individuals swear by lemon essential oil as an anti-exhaustion, anti-depression, skin-clearing, anti-viral, anti-bacterial, and anti-inflammatory component. The growing disposable income and the increasing popularity of the essential oils has led to the growth of the lemon essential oil market. The lemon essential oil market can primarily be segmented into organic and regular, with organic segment expected to rise in popularity as people move shift to chemical free ingredients. Growth of the aromatherapy too has significantly contributed to the rising demand for lemon essential oil. North America is the largest market of lemon essential oil.
The market study is broken down, by Application (Food and Beverages, Pharmaceuticals, Aromatherapy, Cosmetics and Personal Care and Others) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mountain Rose Herbs (United States), Plant Therapy (United States), Symrise AG (Germany), Young Living Essential Oils (United States), NOW Foods (United States), doTERRA International LLC (United States), Lionel Hitchen (United Kingdom), Aromaaz International (India), Citrus and Allied Essences Ltd. (United States) and Aromantic Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Citrovita (Brazil), Nature's Sunshine Products, Inc. (United States) and Bontoux Naturals Private Limited (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Lemon Essential Oil market by Type, Application and Region.
On the basis of geography, the market of Lemon Essential Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Nature, the sub-segment i.e. Organic will boost the Lemon Essential Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Lemon Essential Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Plastic Container will boost the Lemon Essential Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Archer Daniels Midland Company, a United States based multinational food processing and commodities corporation has announced acquisition of Florida Chemical Company, one of the leading and distributing citrus flavor, fragrance and essential oils. The acquisition will significantly expand the capabilities and product portfolio of ADM in Citrus related markets.
In 2021, International Flavors & Fragrances, Inc. (IFF), one of the market leaders in food ingredients with other diverse set of products has announced completion of merger with DuPont’s Nutrition & Biosciences Business. The combination of two companies will result in emergence of one of the global Giants in food and beverages ingredients, Home & Personal Care and Health & Wellness markets player. The new company will operate under IFF’s name.
Market Trend
- Aromatherapy Accounts for Largest Market Share
Market Drivers
- Growing Trend of Adoption of Natural Oriented Products
- Rise of Cosmetics and Personal Products Industry
Opportunities
- E-Commerce may Present Huge Opportunity to Grow and Expand
Restraints
- Presence of Alternative Essential Oils may be a Restraint
Challenges
- Synthetic and Adulterated Products are Prevalent in Market
Key Target Audience
Lemon Essential Oil Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.