About Lime Oil
Lime oil is extracted from Citrus aurantifolia of the Rutaceae family and is also known as Mexican and West Indian lime, as well as sour lime. Lime oil has been extensively used in the food and beverage industries, as well as in creating fragrances. Key limes are more commonly distilled for oil to be used in the beverage industry. The shifting trend towards preventive healthcare, coupled with an improved standard of living among consumers, are the major factors driving the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global essential oil market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Lime Oil market throughout the forecasted period. 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.
Citrolim (United States), Citrojugo (United States), The Essential Oil Company (United States), AOS Products (India), Vincent Corp (United States), The Good Scents Company (United States), Ungerer Limited (United Kingdom) and Cifal Herbal Pvt Ltd (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lime Oil market by , Application (Food Industry, Perfume and Cosmetics, Pharmaceutical Industries and Others) and Region.
On the basis of geography, the market of Lime 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 Source , the sub-segment i.e. Organic will boost the Lime Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Distilled will boost the Lime 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 will boost the Lime Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Preference for Natural Products
Market Growth Drivers:
Increasing Applications in the various End User Industries such as Pharmaceutical Industry, Food & Beverage Industry, etc and Rising Demand from Medical Sector owing to its Therapeutic Properties
Challenges:
Growing Concerns for Large Scale Deforestation
Restraints:
Depletion of Natural Resources and High Cost of Lime Oil
Opportunities:
Growing Demand from Emerging Economics such as India, China, and others and Increasing Health Consciousness among the Consumers
Market Leaders and their expansionary development strategies
In December 2023, Occidental to Acquire CrownRock, in this acquisition Strengthening product Portfolio.
Key Target Audience
Manufacturers of Lime Oil, Suppliers of Lime Oil, Wholesalers, Distributors and Retailers of Lime Oil, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.