What is Global Citronella Oil Market?
The Global Citronella Oil Market is a vast and dynamic sector that deals with the production, distribution, and sale of citronella oil, a product derived from the leaves and stems of different species of Cymbopogon (lemongrass). This oil is known for its strong aroma and is widely used in soaps, candles, and insect repellents. The market's value was estimated at US$ 109.4 million in 2022, and it is expected to grow significantly over the next few years. The market's growth is driven by the increasing demand for natural and organic products, as well as the versatile applications of citronella oil in various industries. However, the market also faces challenges such as the fluctuating prices of raw materials and the availability of synthetic substitutes. Despite these challenges, the Global Citronella Oil Market continues to offer numerous opportunities for growth and expansion.
Ceylon, Java in the Global Citronella Oil Market:
The Global Citronella Oil Market is divided into two main segments based on the type of citronella oil: Ceylon and Java. Ceylon citronella oil is derived from Cymbopogon nardus Rendle, while Java citronella oil is derived from Cymbopogon winterianus Jowitt. Both types of oil have similar uses but differ in their chemical composition and aroma. The Ceylon variety has a fresh, uplifting, and lemony scent, while the Java variety has a sweeter and more floral scent. The market for both types of oil is growing due to their increasing use in various industries. However, the Java variety is more popular due to its higher citronellal content, which makes it more effective as an insect repellent.
Food & Drink, Daily Chemical Product, Others in the Global Citronella Oil Market:
The Global Citronella Oil Market finds its applications in various areas such as Food & Drink, Daily Chemical Product, and Others. In the Food & Drink industry, citronella oil is used as a flavoring agent in non-alcoholic beverages, frozen dairy desserts, baked goods, candies, and gelatins. It is also used in the Daily Chemical Product industry for making soaps, detergents, and personal care products. Other applications of citronella oil include aromatherapy, perfumery, and as an insect repellent. The versatility of citronella oil and its increasing demand in various industries is a key factor driving the growth of the Global Citronella Oil Market.
Global Citronella Oil Market Outlook:
The future outlook of the Global Citronella Oil Market looks promising. The market was valued at US$ 109.4 million in 2022 and is expected to reach US$ 164.2 million by 2029, growing at a CAGR of 5.9% during the forecast period 2023-2029. This growth can be attributed to the increasing demand for natural and organic products, as well as the versatile applications of citronella oil in various industries. The top 5 players in the market are Anhui Great Nation Essential Oils Co., Ltd., Jiangxi Hengcheng Natural Flavor Oil Co., Ltd, Nanchang Yang Pu Natural Essence & Spice Co., EOAS, and Van Aroma, who collectively hold about 30% of the market shares. These companies have a significant influence on the market dynamics and trends.
| Report Metric | Details |
| Report Name | Citronella Oil Market |
| Accounted market size in 2022 | US$ 109.4 million |
| Forecasted market size in 2029 | US$ 164.2 million |
| CAGR | 5.9% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Anhui Great Nation Essential Oils Co., Ltd., Jiangxi Hengcheng Natural Flavor Oil Co., Ltd, Nanchang Yang Pu Natural Essence & Spice Co., EOAS, Van Aroma, Yunnan Aroma Source, Yunnan Tian Lake Essential Oil Company Ltd, Karimun Kencana Aromatics, Manohar Botanical Extracts Pvt. Ltd, Reho Natural Ingredients, VIETNAM ESSENTIAL OIL., JSC, The Essential Oil Company, Phoenix Herb Company, Kanta Group, Bhoomi, Aromatic & Allied Chemicals, Jiangxi Kang Shengtang Pharmaceutical Co., Ltd |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
