Global Lime Oil Market Expected to Witness Rapid Expansion by the End of 2022

Posted on 2018-06-07 by Mark Hub in Food & Beverage // 0 Comments

ROCKVILLE, US, 2018-Jun-07 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of Lime Oil Market. The study is titled as “Lime Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the Global Lime Oil Market.

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Lime oil is sourced from Citrus aurantifolia of the Rutaceae family and is also famous as Mexican lime, West Indian lime or sour lime. Lime oil has a citrus peel smell and possesses a pale yellow to light olive color. Lime oil is extracted by expression or distillation. The peel of the unripe skin of lime is used for cold expression. Lime oil is also obtained by steam distillation of whole ripe lime or the peel.

Lime oil has got many astonishing benefits and therefore the demand of lime oil is surging in the market. Some of the vast number of benefits that lime oil has include purifying properties – has a number of antioxidants and is antiseptic in nature. When applied in an external form, lime oil can aid in healing of the wounds and ward off infections in the wound. When consumed, lime oil can help in curing infections of the throat, mouth, stomach and the urinary system. Lime oil also has hemostatic properties, and can stop bleeding by promoting the coagulation of the blood. Lime oil also possesses anti-aging properties and can prevent hair loss, wrinkles and muscle weakness.

Therapeutics Segment to Exhibit a Steady CAGR during the Forecast Period

Fact.MR forecasts the therapeutics segment to reach a value of US$ 74.6 Mn in the year 2022. The therapeutics segment is poised to gain in the Basis Point Share index at the end of the forecast period. This segment is expected to create an absolute dollar opportunity of US$ 13.6 Mn between 2017 and 2022.

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Europe to Dominate the Global Lime Oil Market

Europe is set to dominate the global lime oil market in revenue terms in the year 2017 and this trend is projected to sustain throughout the forecast period. Europe lime oil market is the most attractive market, exhibiting a CAGR of 4.8% during the assessment period. As per the source type segmentation, natural market is expected to dominate the Europe lime oil market in terms of revenue in the year 2017, and the trend is projected to sustain itself throughout the forecast period. Natural lime oil market is the most attractive market, growing a steady CAGR during the assessment period. As far as application segment is concerned, the food and beverages segment is expected to dominate Europe lime oil market in terms of revenue throughout the forecast period. Europe’s revenue share in the global lime oil market is expected to grow 1.3x by 2022-end as compared to that in 2017. The food and beverages segment is also poised to gain a significant number of points in the Basis Point Share index.

Key Companies Operating in the Global Lime Oil Market

The key companies operating in the global lime oil market include Plant Therapy Essential Oils, Lionel Hitchen Essential Oils Ltd., Aromaaz International, Aksuvital, Young Living Essentials Oils LC, Biolandes and d?TERRA International.

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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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