Market Overview:
The global tangerine oil 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 tangerine oil in food and beverage applications, and its use in cosmetics and personal care products. Additionally, rising awareness about the benefits of tangerine oil is also contributing to its growth. Based on type, the global tangerine oil market can be segmented into absolute, blends, and other types. Absolute tangerine oil accounted for a major share of the market in 2017 owing to its high purity and strong flavor profile. Blends are also gaining popularity due to their ability to provide unique flavor profiles that are not available with other types of oils.
Product Definition:
A sweet, tangy citrus oil that is cold-pressed from the peel of the fruit. Tangerine oil has a refreshing aroma and is known for its uplifting and invigorating effects. It is helpful for relieving stress and tension, restoring vitality, and improving mood. Tangerine oil can be used aromatically, topically, or internally.
Absolute:
Absolute is a flavoring agent derived from citrus fruits. It has various applications in food & beverages, cosmetics and pharmaceuticals industries. The product is used as an aromatic flavoring agent in ice creams, cakes, cookies and confectionery products such as candies and gums.
Blends:
Blends are a combination of two or more oils that have been mixed together to enhance some property such as therapeutic, flavoring, or cosmetic. Blends can be made from any oil and the most common ones are created from carrier oils like almond, sesame seed, grape seed and others.
Application Insights:
The other application segment includes pharmaceuticals, paints and coatings, and animal feed. Tangerine oil is used in the manufacturing of cosmetics and personal care products such as soaps, shampoos, conditioners, lotions & creams. The food & beverage application segment accounted for a market share of over 35% in 2017 owing to increasing product use as an ingredient in salad dressings and sauces. It also finds applications as a flavor enhancer in various foods including cheese spreads (pate), meat products (kebabs), cookies/candy bars, soft drinks among others.
Tangerine oil has antioxidant properties which help prevent cell damage caused by free radicals present during normal metabolism.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to favorable climatic conditions, availability of land, and low labor cost. Moreover, increasing consumer disposable income levels coupled with growing awareness regarding health benefits is anticipated to drive demand in this region.
North America emerged as the second-largest regional market due to high product consumption by end-use industries such as food & beverage and cosmetics & personal care. Furthermore, new product developments by key players are projected to have a positive impact on industry growth over the coming years. For instance, Tangerine Global Inc., has collaborated with Huy Fong Foods Ltd., makers of Sriracha hot sauce brand in 2017 U.S., for introducing flavored oil that can be used for cooking purposes or consumed directly as an ingredient in various dishes such as beef stir fry or orange chicken curry .
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of Tangerine oil
- Growing popularity of aromatherapy and essential oils
- Proliferation of online retail platforms that sell essential oils
- Increasing use of Tangerine oil in food and beverage industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Tangerine Oil Market Research Report
By Type
Absolute, Blends, Other
By Application
Food & Beverage, Cosmetics & Personal Care, Other
By Companies
Mountain Rose Herbs, doTERRA International, Auroma, NOW Foods, LemonConcentrate, Cilione, VedaOils, Venkatramna Industries
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Tangerine Oil Market Report Segments:
The global Tangerine Oil market is segmented on the basis of:
Types
Absolute, Blends, Other
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
Food & Beverage, Cosmetics & Personal Care, Other
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:
- Mountain Rose Herbs
- doTERRA International
- Auroma
- NOW Foods
- LemonConcentrate
- Cilione
- VedaOils
- Venkatramna Industries
Highlights of The Tangerine Oil 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:
- Absolute
- Blends
- Other
- By Application:
- Food & Beverage
- Cosmetics & Personal Care
- Other
- 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 Tangerine Oil 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?
Tangerine oil is extracted from the peel of tangerines. It has a sweet, citrusy flavor and is used in foods and cosmetics.
Some of the major players in the tangerine oil market are Mountain Rose Herbs, doTERRA International, Auroma, NOW Foods, LemonConcentrate, Cilione, VedaOils, Venkatramna Industries.
The tangerine oil 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. Tangerine Oil 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. Tangerine Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tangerine Oil Market - Supply Chain
4.5. Global Tangerine Oil Market Forecast
4.5.1. Tangerine Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tangerine Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tangerine Oil Market Absolute $ Opportunity
5. Global Tangerine Oil 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. Tangerine Oil Market Size and Volume Forecast by Type
5.3.1. Absolute
5.3.2. Blends
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tangerine Oil 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. Tangerine Oil Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Cosmetics & Personal Care
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tangerine Oil 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. Tangerine Oil 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 Tangerine Oil 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. Tangerine Oil 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 Tangerine Oil Demand Share Forecast, 2019-2026
9. North America Tangerine Oil 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 Tangerine Oil 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 Tangerine Oil Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Cosmetics & Personal Care
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tangerine Oil Market Size and Volume Forecast by Type
9.7.1. Absolute
9.7.2. Blends
9.7.3. Other
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 Tangerine Oil Demand Share Forecast, 2019-2026
10. Latin America Tangerine Oil 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 Tangerine Oil 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 Tangerine Oil Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Cosmetics & Personal Care
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tangerine Oil Market Size and Volume Forecast by Type
10.7.1. Absolute
10.7.2. Blends
10.7.3. Other
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 Tangerine Oil Demand Share Forecast, 2019-2026
11. Europe Tangerine Oil 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 Tangerine Oil 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 Tangerine Oil Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Cosmetics & Personal Care
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tangerine Oil Market Size and Volume Forecast by Type
11.7.1. Absolute
11.7.2. Blends
11.7.3. Other
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 Tangerine Oil Demand Share, 2019-2026
12. Asia Pacific Tangerine Oil 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 Tangerine Oil 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 Tangerine Oil Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Cosmetics & Personal Care
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tangerine Oil Market Size and Volume Forecast by Type
12.7.1. Absolute
12.7.2. Blends
12.7.3. Other
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 Tangerine Oil Demand Share, 2019-2026
13. Middle East & Africa Tangerine Oil 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 Tangerine Oil 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 Tangerine Oil Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Cosmetics & Personal Care
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tangerine Oil Market Size and Volume Forecast by Type
13.7.1. Absolute
13.7.2. Blends
13.7.3. Other
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 Tangerine Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tangerine Oil Market: Market Share Analysis
14.2. Tangerine Oil Distributors and Customers
14.3. Tangerine Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mountain Rose Herbs
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. doTERRA International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Auroma
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NOW Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LemonConcentrate
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cilione
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VedaOils
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Venkatramna Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
