Citrus Essential Oil Market: Future Forecast Indicates Impressive Growth RatePosted by Arslan on July 23rd, 2019 The purpose of this comprehensive forecast report presented by FactMR is to elaborate the various market projections impacting the global citrus essential oil market size during the period through 2018-2028. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the citrus essential oil market during the forecast period. Request for a Free Sample Report of Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=2851 Market Shares Remain Clustered among Emerging Players Shares of the citrus essential oils market will continue to remain consolidated among emerging players, as the competition at the brink intensifies and emphasis on organic ingredients, product quality, and clean label gains center stage. On the other hand, the market leaders continue to focus on expanding their global footprint through adoption of more efficient extraction methods, and new product launches. Companies continue to explore the application scope of citrus essential oils, particularly in agriculture, health, and F&B. Some notable developments in the citrus essential oils market have been detailed below.
This report on the citrus essential oils market offers detailed profiling of key players including Ultra-International B.V., Phoenix Aromas & Essential Oils, LLC, Firmenich SA, Symrise AG, Citrus Oleo, Lionel Hitchen (Essential Oils) Ltd, Mountain Rose Herbs, Inc., Citromax S.A.C.I, doTERRA International, LLC, and Citrosuco. Citrus Essential Oils to Gain Popularity as Natural Preservatives Emphasis on preservative packaging continues to rise in the food & beverage sector, as longer shelf-life gains ground as an essential requirement in line with the modern-day trade practices that involve time-intensive transportation of products across borders and oceans. Although use of synthetic antimicrobials and preservatives is prevalent among F&B companies to prevent spoilage, risk of chronic disease from a number of commonly-used synthetic preservatives is a persisting challenge in the marketplace. For instance, risk of developing cancer and lung inflammation have been associated with butylated hydroxyanisole (BHA) or butylated hydroxytoluene (BHT), which are used to curtail oxidation and prevent growth of harmful bacteria in food products. This has further induced a paradigm shift in consumer preference toward food & beverage products based on natural ingredients and preservatives. Citrus essential oils have emerged as a key solution to replace synthetic food preservatives, owing to their rich limonene content, a monoterpene that exhibits strong antibacterial and antifungal properties. Adoption of citrus essential oils also remains upheld by their potential application in biodegradable food packaging solutions, and in gelatin or chitosan for improving physiochemical properties of packaging. Rising concerns regarding environment and health amongst the global population are promoting the use of natural preservatives and packaging in food companies around the world. Like it? Share it!More by this author |