Global Limonene Market Research Report 2022

Limonene is an oral dietary supplement containing a natural cyclic monoterpene and major component of the oil extracted from citrus peels with potential chemo preventive and antitumor activities. Limonene is widely used as a flavor and fragrance and is listed to be generally recognized as safe in food by the food and drug administration.
Market Analysis and Insights: Global Limonene Market
Due to the COVID-19 pandemic, the global Limonene market size is estimated to be worth US$ 268.8 million in 2022 and is forecast to a readjusted size of US$ 248.5 million by 2028 with a CAGR of -1.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Pharmaceutical Grade accounting for % of the Limonene global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Pharmaceutical segment is altered to an % CAGR throughout this forecast period.
Limonene is extracted from citrus peels and is mainly concentrated in Brazil, USA and Europe. Currently, there are many producing companies in the world limonene industry. The main players are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo and Ernesto Ventós, with about 83% market shares. North America is the largest market, with a share about 37%, followed by Latin America and Europe with the share both about 26% and 22%.
Global Limonene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Limonene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pharmaceutical Grade
Food Grade
Industrial Grade
Segment by Application
Pharmaceutical
Food Additives
Daily Chemicals Products
Chemical
Others
By Company
Florida Chemical Company
Firmenich
Tropfruit
Citrosuco
Citrus Oleo
Ernesto Ventós
Sucorrico
Agroterenas Citrus
Florachem
Lemon Concentrate
Production by Region
North America
Europe
South America
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

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