Global Citronella Oil Market Size, Status, Growth, Revenue & Report Forecasted by 2022: Fact.MR

Dublin 2, Ireland, 2018-Apr-13 — /EPR Network/ — The global market discussion on citronella oil industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Citronella Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on citronella oil market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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According to the recent report published by Fact.MR, the global market for citronella oil is expected to grow at a sluggish pace, procuring just over US$ 70 Mn value by the end of 2022. Lack of awareness regarding the benefits of citronella oil in aromatherapy is expected to curb the growth of global market. The market is also expected to witness restraints due to rising adoption of remedies substituting aromatherapy, which is lowering the demand for essential oils such as citronella oil.

Key Insights from the Report include:

1. In 2017, over two-fifth of global citronella oil market value will be accounted by sales of citronella oil in absolute form. On-shelf availability of citronella oil in absolute form is also expected to gain traction owing to relatively easier production compared to concentrates of citronella oil.

2. Therapeutics, aromatherapy and production of food & beverage products are expected to remain the three most prominent applications of citronella oil. Through 2022, these three applications will account for more than half of the global citronella oil market value.

3. In 2014, the European Commission announced the approval of herbicide made from citronella oil, specifying a few amends that mitigate potential risks to workers, residents, ground water and non-target organisms. The report projects that favorable government-supported sanctions as such will boost the growth of citronella oil market in Europe. In 2017 and beyond, Europe is expected to remain the largest market for citronella oil, expanding at a steady CAGR of 4.9%.

Naturally-Sourced Citronella Oil to be in Great Demand

Popular belief that synthetic production of food items and beverage lowers their nutritional content continues to have a controlling influence on the sales of citronella oil products. Going forward, the demand for naturally sourced citronella oil is expected to remain higher than the demand for organic citronella oil.

While organic production of citronella oil is more feasible than procuring it naturally, consumers are expected to remain more inclined towards benefits of naturally-derived citronella oil. Even the minimal measure of processing involved in production of organic citronella oil is expected to disturb the implicit health advantageous of citronella oil. By the end of 2022, more than three-fourth value of the global market for citronella oil will be procured from sales of naturally-sourced citronella oil.

Competition Tracking

The report has profiled leading manufacturers of citronella oil which will shape the competitive landscape of the global market. Through 2022, companies which are expected to actively partake in the growth of global citronella oil market include, Bio Extracts private limited, Synthite Industries Ltd., D?TERRA International, Greenleaf Extractions Pvt Ltd, Young Living Essential Oils LC, Natures Natural India, Shaanxi Guanjie Technology Co., IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Linonel Hitchen Essential Oils Ltd, Green Fields Oil Factory, Plant Therapy Essential Oils, and Aksuvital.

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Table of Content:

1. Global Citronella Oil Market – Executive Summary

2. Global Citronella Oil Market Overview
2.1. Introduction
2.1.1. Global Citronella Oil Market Taxonomy
2.1.2. Global Citronella Oil Market Definition
2.2. Global Citronella Oil Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Citronella Oil Market Y-o-Y Growth
2.3. Global Citronella Oil Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Citronella Oil Market Analysis and Forecast By Source Type
3.1. Global Citronella Oil Market Size and Forecast By Source Type, 2012-2022
3.1.1. Natural Citronella Oil Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Organic Citronella Oil Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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