Essential oils have gradually treaded beyond their conventional application in therapeutics and aromatherapy. The global food & beverage sector is witnessing an increasing adoption of citronella oil in production of new food items and beverages. Considering the easy procurement of raw lemongrass, manufacturers of citronella oil products are less likely to face any technical and financial barriers while extending their production capacity. Increasing applications of perfumery chemicals such as geraniol is expected to have an influence on the global sales of citronella oil. However, lack of awareness regarding the benefits of such products is expected to impact the expansion the global market for citronella oil in the years to come. The worldwide market for Citronella Oil is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Citronella oil is a prominent essential oil made from the extracts of a distinct species Cymbopogon plant. Stems and leaves of this species, commonly known as lemongrass, are used for making citronella oil extracts. The oil is primarily used as a source in production of perfumery chemicals such as citronellal and citronellol.
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Citronella oil Market Segments:
By Source Type
By Form Type
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Food & Beverages
Cleaning & Home
By Distribution Channel
The global citronella oil market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global citronella oil market owing to the high production of essential oils for fragrance and flavour industry and also shares major contribution in essential oils export. The major countries such as Shri Lanka, India, China, Java, Indonesia and Taiwan tops the citronella oil market in terms of production in APEJ region. Followed by APEJ is North America and Europe and are expected to grow at moderately high CAGR during the forecast period. Latin America is anticipate to project stable growth rate in terms of value during the forecast period.
The report has profiled leading manufacturers of citronella oil which will shape the competitive landscape of the global market. companies which are expected to actively partake in the growth of global citronella oil market include, Bio Extracts private limited, Synthite Industries Ltd., D?TERRA International, Greenleaf Extractions Pvt Ltd, Young Living Essential Oils LC, Natures Natural India, Shaanxi Guanjie Technology Co., IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Linonel Hitchen Essential Oils Ltd, Green Fields Oil Factory, Plant Therapy Essential Oils, and Aksuvital.
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