About Lemon Terpenes
Lemon Terpenes are made by extracting solely from domestic lemon trees and leaves no harsh chemical odors or residue. This refreshing aroma is nearly identical to the freshly peeled fruit and offers amazing stain-fighting capabilities. Lemon Terpenes mainly used for the removal of lime soap scum, scale, calcium and mineral stains, and other hard water. Increasing the use of lemon terpenes in cosmetics is driving the growth of the lemon terpenes market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Boc Sciences, Haihang Industry Co. Ltd, and Nacalai Tesque. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Lemon Terpenes market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Boc Sciences (United States), Haihang Industry Co. Ltd (China), Nacalai Tesque (Japan), Integra Chemical Company (United States), Parchem fine & specialty chemicals (United States), Nebula Chemicals Co. Ltd. (China), Angene International Limited (United Kingdom) and MANUS AKTTEVA (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lemon Terpenes market by Type (Purity 95%, Purity 98% and Other), Application (Cosmetics, Medical, Edible Flavor and Other) and Region.
On the basis of geography, the market of Lemon Terpenes 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 Distribution Channel, the sub-segment i.e. Supplier will boost the Lemon Terpenes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising in Demand of Cosmetics Product Globally
Market Growth Drivers:
Increasing Healthcare Spending in Emerging Economies and Growing Healthcare Industry Worldwide
Challenges:
The price of lemon terpenes can fluctuate depending on factors like the source (natural vs. synthetic) and market demand.
Restraints:
Lack of Awareness about the Benefits of the Lemon Terpenes
Opportunities:
Increasing Inclination of People towards Cosmetics Products
In January 2020 , Ireland-based taste and nutrition company Kerry has launched of an advanced citrus extract technology – branded as “New! Citrus Extract” – which allows for the delivery of flavors comparable to traditional natural citrus, and can be labelled as a natural extract. The extraction technology can be applied to a variety of citrus fruit, and has many different applications, including sparkling and still flavored water, teas, juice drinks, isotonic and energy drinks, and craft carbonated soft drinks, as well as alcoholic beverages including hard seltzers, malt beverages, mocktails, and flavored beers and spirits.
Key Target Audience
Lemon Terpenes Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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.