Market Overview:
The global limonene market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for limonene from various end-use industries, such as pharmaceuticals, food additives, daily chemicals products, chemical industry and others. In terms of volume, the global limonene market is projected to reach 1,362 kilo tons by 2030. Based on type, the global limonene market has been segmented into pharmaceutical grade, food grade and industrial grade. Pharmaceutical grade dominates the overall market with a share of more than 60%. This can be attributed to its growing demand from various end-use industries across different regions. Food grade is projected to grow at a higher CAGR during the forecast period as compared to other types due its increasing application in food & beverage industry across different regions.
Product Definition:
a colorless liquid hydrocarbon found in citrus fruits that is used as a solvent.
Pharmaceutical Grade:
Pharmaceutical grade is a term used for quality standards of essential oils. It's basically the purest form available in the market. The main factor that differentiates it from other grades is its therapeutic value which has increased its demand among consumers across the globe.
Food Grade:
Food grade is the product that has been processed and prepared according to the standards defined by various regulatory bodies such as U.S Pharmacopeia, European pharmacopeia, Japan Pharmacopeia and so on. The food-grade products are used for producing different types of beverages like lemonades, soft drinks etc. In cosmetics industry also known as cosmetic grade or cosmetic oil which is used in skin care products like moisturizers lotions creams etc.
Application Insights:
The global limonene market is segmented by application into pharmaceuticals, food additives, chemical industry intermediates, dailies chemicals products and other applications. The pharmaceutical industry was the largest consumer of the product in 2017. This can be attributed to its wide range of medical applications such as diabetes treatment and pain management. It also has a high demand as an insect repellent which aids in protecting plants from pests such as aphids and mites among others.
Food additives are expected to witness significant growth over the forecast period owing to increasing use of flavoring agents due to growing preference for processed foods across various regions including Asia Pacific and North America among others. In addition, it is used extensively for preservation purposes especially in Europe where it is employed at levels ranging from 0.1% up to 2%.
Regional Analysis:
Asia Pacific dominated the global limonene market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population, which makes it a key consumer market. China, India, Japan and South Korea are some of the largest countries in terms of population with significant growth opportunities for this product. Asia Pacific has been witnessing strong economic growth on account of increasing foreign investments coupled with rising exports from key limonene producing nations such as India, Indonesia and Malaysia.
The European market was valued at USD X million in 2016 owing to high demand from end-use industries such as pharmaceuticals & chemicals along with daily use products including perfumes & cosmetics industry that caters to almost every household across Europe on account of strong presence or brands like Chanel; Dior; Escada; Gucci; Lacroix etc.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of limonene
- Growing popularity of aromatherapy and essential oils
- Rising demand from the food and beverage industry
- Increasing use in personal care products
Scope Of The Report
Report Attributes
Report Details
Report Title
Limonene Market Research Report
By Type
Pharmaceutical Grade, Food Grade, Industrial Grade
By Application
Pharmaceuticals Industry, Food Additives, Daily Chemicals Products, Chemical Industry, Others
By Companies
Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo, Ernesto Ventós, Sucorrico, Agroterenas Citrus, Florachem, Lemon Concentrate
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Limonene Market Report Segments:
The global Limonene market is segmented on the basis of:
Types
Pharmaceutical Grade, Food Grade, Industrial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals Industry, Food Additives, Daily Chemicals Products, Chemical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Florida Chemical Company
- Firmenich
- Tropfruit
- Citrosuco
- Citrus Oleo
- Ernesto Ventós
- Sucorrico
- Agroterenas Citrus
- Florachem
- Lemon Concentrate
Highlights of The Limonene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmaceutical Grade
- Food Grade
- Industrial Grade
- By Application:
- Pharmaceuticals Industry
- Food Additives
- Daily Chemicals Products
- Chemical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Limonene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Limonene is a hydrocarbon compound with the chemical formula C10H16. It is a colorless liquid that has a citrus-like odor. Limonene is used in fragrances and as an industrial solvent.
Some of the major players in the limonene market are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo, Ernesto VentƒÂ³s, Sucorrico, Agroterenas Citrus, Florachem, Lemon Concentrate.
The limonene market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Limonene Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Limonene Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Limonene Market - Supply Chain
4.5. Global Limonene Market Forecast
4.5.1. Limonene Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Limonene Market Size (000 Units) and Y-o-Y Growth
4.5.3. Limonene Market Absolute $ Opportunity
5. Global Limonene Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Limonene Market Size and Volume Forecast by Type
5.3.1. Pharmaceutical Grade
5.3.2. Food Grade
5.3.3. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Limonene Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Limonene Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals Industry
6.3.2. Food Additives
6.3.3. Daily Chemicals Products
6.3.4. Chemical Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Limonene Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Limonene Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Limonene Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Limonene Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Limonene Demand Share Forecast, 2019-2026
9. North America Limonene Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Limonene Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Limonene Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals Industry
9.4.2. Food Additives
9.4.3. Daily Chemicals Products
9.4.4. Chemical Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Limonene Market Size and Volume Forecast by Type
9.7.1. Pharmaceutical Grade
9.7.2. Food Grade
9.7.3. Industrial Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Limonene Demand Share Forecast, 2019-2026
10. Latin America Limonene Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Limonene Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Limonene Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals Industry
10.4.2. Food Additives
10.4.3. Daily Chemicals Products
10.4.4. Chemical Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Limonene Market Size and Volume Forecast by Type
10.7.1. Pharmaceutical Grade
10.7.2. Food Grade
10.7.3. Industrial Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Limonene Demand Share Forecast, 2019-2026
11. Europe Limonene Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Limonene Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Limonene Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals Industry
11.4.2. Food Additives
11.4.3. Daily Chemicals Products
11.4.4. Chemical Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Limonene Market Size and Volume Forecast by Type
11.7.1. Pharmaceutical Grade
11.7.2. Food Grade
11.7.3. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Limonene Demand Share, 2019-2026
12. Asia Pacific Limonene Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Limonene Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Limonene Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals Industry
12.4.2. Food Additives
12.4.3. Daily Chemicals Products
12.4.4. Chemical Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Limonene Market Size and Volume Forecast by Type
12.7.1. Pharmaceutical Grade
12.7.2. Food Grade
12.7.3. Industrial Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Limonene Demand Share, 2019-2026
13. Middle East & Africa Limonene Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Limonene Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Limonene Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals Industry
13.4.2. Food Additives
13.4.3. Daily Chemicals Products
13.4.4. Chemical Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Limonene Market Size and Volume Forecast by Type
13.7.1. Pharmaceutical Grade
13.7.2. Food Grade
13.7.3. Industrial Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Limonene Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Limonene Market: Market Share Analysis
14.2. Limonene Distributors and Customers
14.3. Limonene Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Florida Chemical Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Firmenich
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tropfruit
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Citrosuco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Citrus Oleo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ernesto Ventós
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sucorrico
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Agroterenas Citrus
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Florachem
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lemon Concentrate
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
