Citronella Oil Market by Type (Java and Ceylon), Application (Food & Beverages, Cosmetics, Aromatherapy, Pharmaceuticals), Nature (Conventional and Organic) and Region - Global Forecast to 2027
According to MarketsandMarkets, the global citronella oil market is estimated to be valued at USD 449.4 million in 2022. It is projected to reach USD 576.3 million by 2027, with a CAGR of 5.1%, in terms of value between 2022 and 2027. Citronella oil is derived from citronella grass, also known as Cymbopogon nardus. The properties possessed by citronella oil makes is an important ingredient in various end-use applications, ultimately driving the citronella oil market.
Citronella Oil Market Dynamics
Drivers: Increasing application in perfume and cosmetic industries
The global citronella oil is majorly driven by increasing demand from the cosmetic and perfume industries. Citronella oil offers various remedies which include anxiety and stress control, the ability to eject bugs and leeches from the body, and others. It also prevents the spread of internal and external infections. These factors are boosting the demand for citronella oil.
Restraints: Presence of substitutes
Various other essential oils are present in the market which acts as a substitute for citronella oil. Synthetic isolates from eucalyptus citriodora and turpentine oil are substitutes for citronella oil, which might hinder the growth of the citronella oil market.
Opportunities: Use of citronella oil in various end-use industries
Citronella oil, as an ingredient, is used in various applications such as perfumes, food, pharmaceutical, cosmetics, and other applications. It is considered one of the industrially important essential oils. The properties associated with citronella oil make it a very helpful ingredient and create various growth opportunities for citronella oil manufacturers.
Challenges: Side effects associated with the usage of citronella oil
Citronella oil is generally considered a safe and non-toxic essential oil that can be used in skin products and food products. However, proper dilution of citronella oil is very important before using it. People with sensitive skin might experience an allergic reaction if the essential oil is not properly diluted. Citronella oil should be diluted with a carrier oil, or else it might lead to complications such as increased heart rate.
Java and ceylon are two types of citronella oil that are available in the market
Citronella oil is further classified into java citronella oil and ceylon citronella oil. They are used as a significant component in various products including detergents, perfumes, soaps, and home cleaners. Its antiseptic properties are the major reason for its wide range of applications.
By application, the aromatherapy segment is likely to drive the growth of the global citronella oil market
In terms of application, the aromatherapy segment is expected to drive the demand for citronella oil. Aromatherapy uses perfumery chemicals. Citronella oil is the main ingredient used in perfumery chemicals. Hence, the citronella oil market will grow with the growing aromatherapy application.
Asia Pacific region is one of the key markets in the global citronella oil market. It is not only one of the leading producers of essential oils but also a leading exporter. The region is a production hub of the citronella oil market. Various countries in the region also export citronella oil.
Key Market Players:
Key players in this market include Van Aroma (Indonesia), Reho Natural Ingredients (India), Anhui Great Nation Essential Oils Co, Ltd (China), Jiangxi Hengcheng Natural Flavor Oil Co, Ltd (China), EOAS (Sri Lanka), Manohar Botanicals Extracts Pvt Ltd (India), The Essential Oil Company (US), Kanta Group (India), Aromatic & Allied Chemicals (India), and Phoenix Herb Company (US).
FAQs:
- Which are the major types of citronella oil considered in this study and which segments are projected to have promising growth rates in the future? I am interested in the Asia Pacific market for food & beverage and aromatherapy segment. Is the customization available for the same? What all information would be included in the same?
- What are some of the drivers fuelling the growth of the citronella oil market?
- I am interested in understanding the research methodology on how you arrived at the market size and segmental splits before making a purchase decision. Can you provide me with an explanation on the same?
- What kind of information is provided in the competitive landscape section?
TABLE OF CONTENTS
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.4 REGIONAL SEGMENTATION
1.5 PERIODIZATION CONSIDERED
1.6 CURRENCY CONSIDERED
1.7 VOLUME UNITS CONSIDERED
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key Data from Secondary Sources
2.1.2 PRIMARY DATA
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 MARKET SIZE ESTIMATION - METHOD 1
2.2.2 MARKET SIZE ESTIMATION - METHOD 2
2.3 DATA TRIANGULATION
2.4 ASSUMPTIONS FOR THE STUDY
2.5 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.4 CHALLENGES
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
6.3 TECHNOLOGY ANALYSIS
6.4 PRICING ANALYSIS
6.5 ECOSYSTEM/ MARKET MAP
6.6 TRENDS/ DISRUPTION IMPACTING THE CUSTOMER’S BUSINESS
6.7 PATENT ANALYSIS
6.8 TRADE ANALYSIS
6.9 KEY CONFERENCES AND EVENTS IN 2022-2023
6.10 TARIFF AND REGULATORY LANDSCAPE
6.11 PORTER’S FIVE FORCES ANALYSIS
6.12 KEY STAKEHOLDERS & BUYING CRITERIA
6.13 CASE STUDY ANALYSIS
7 CITRONELLA OIL MARKET, BY TYPE
7.1 INTRODUCTION
7.2 JAVA
7.3 CEYLON
8 CITRONELLA OIL MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 FOOD & BEVERAGES
8.3 COSMETICS
8.4 AROMATHERAPY
8.5 PHARMACEUTICALS
8.6 OTHER APPLICATIONS
9 CITRONELLA OIL MARKET, BY NATURE
9.1 INTRODUCTION
9.2 CONVENTIONAL
9.3 ORGANIC
10 CITRONELLA OIL MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 GERMANY
10.3.2 FRANCE
10.3.3 UK
10.3.4 ITALY
10.3.5 SPAIN
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 JAPAN
10.4.4 AUSTRALIA & NEW ZEALAND
10.4.5 REST OF ASIA PACIFIC
10.5 SOUTH AMERICA
10.5.1 BRAZIL
10.5.2 ARGENTINA
10.5.3 REST OF SOUTH AMERICA
10.6 REST OF THE WORLD
10.6.1 AFRICA
10.6.2 MIDDLE EAST
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET SHARE ANALYSIS*
11.3 KEY PLAYERS STRATEGIES
11.4 COMPANY REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS
11.5 COMPANY EVALUATION QUADRANT
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE PLAYERS
11.5.4 PARTICIPANTS
11.5.5 COMPETITIVE BENCHMARKING
11.6 PRODUCT FOOTPRINTS
11.7 STARTUP/SME EVALUATION QUADRANT
11.7.1 PROGRESSIVE COMPANIES
11.7.2 STARTING BLOCKS
11.7.3 RESPONSIVE COMPANIES
11.7.4 DYNAMIC COMPANIES
11.8 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS
11.8.1 NEW PRODUCT LAUNCHES
11.8.2 DEALS
11.8.3 OTHER DEVELOPMENTS
11.4.4 PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES
*Market share analysis will be provided in percentage (value) at Global level
12 COMPANY PROFILES
12.1 VAN AROMA
12.2 REHO NATURAL INGREDIENTS
12.3 ANHUI GREAT NATION ESSENTIAL OILS CO, LTD
12.4 JIANGXI HENGCHENG NATURAL FLAVOR OIL CO, LTD
12.5 EOAS
12.6 MANOHAR BOTANICAS EXTRACTS PVT LTD
12.7 THE ESSENTIAL OIL COMPANY
12.8 KANTA GROUP
12.9 AROMATIC AND ALLIED CHEMICALS
12.10 PHOENIX HERB COMPANY
Note: Currently, list of only 10 companies have been provided. However, this section covers 12-15 key company profiles which include business overview, recent financials, product offerings, key strategies, and swot analysis. recent financials can be provided based on data/information availability in public domain. The list of companies mentioned above can be altered depending upon client’s interest
13 APPENDIX
Note: The TOC prepared above is tentative and may subject to change, based on the research progress
Growth opportunities and latent adjacency in Citronella Oil Market