Citrus Oil Market Size, Share, Development forecast to 2033
Introduction:
The market for citrus oil is projected to experience a year-on-year growth of 4.6%, leading to an increase in revenue from US$ 3,683.6 Mn to approximately US$ 5,768.7 Mn by 2033. From 2018 to 2022, the global citrus oil market demonstrated significant growth with a Compound Annual Growth Rate (CAGR) of approximately 4.0%.
The demand for essential Citrus oil market has witnessed a substantial surge due to the increasing popularity of relaxation therapies and recognition of diverse benefits. The growing trend among Generation-X and millennials towards body health and awareness of the advantages of natural medicines has resulted in a heightened demand for citrus essential oil products, particularly from therapists and spas. Aromatherapy products are gaining popularity in Europe...