The global grapefruit oil market is presently valued at USD 385 million. Due to various growth propellants, there industry is reckoned to amass a substantial valuation by 2030, with a CAGR of 4% over 2022-2030.
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Grapefruit oil is a particular kind of essential oil that is typically obtained by cold-pressing the glands found inside the grapefruit peel. Due to its several advantageous qualities, it is regarded as a multipurpose oil. This oil contains a variety of phytochemicals and antioxidants, including citronellol, terpene, pinene, vitamin C, and mycrene. You can either apply grapefruit oil straight to your skin or disperse it through a humidifier. It is renowned for curing respiratory infections, lowering blood pressure, and relieving stress. In addition to removing toxins from the skin and liver, this essential oil is believed to lower the incidence of cancer and other dangerous diseases.
Additionally, the capacity of grapefruit oil to lessen inflammations while reducing the development of fatal illnesses like cancer is offering prosperous business opportunities.
Additionally, the expansion of this industry sphere is being fueled by soaring R&D efforts in the area, quick technological developments to streamline the extraction of grapefruit oil, and rising disposable income of people.
Contrarily, the general public’s lack of knowledge about the advantages of this oil is impeding the market’s potential for financial reward.
Global Grapefruit Oil Market- Segmental assessment
By End Use
• Household Care
• Healthcare
• Cosmetics and Personal Care
The healthcare segment is poised to amass notable gains over the stipulated timeframe owing to the wide array of health benefits offered by grapefruit oil.
By Application
• Aromatherapy
• Skin Care
• Hair Care
By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Pharmaceuticals
• Online Retail
The online retail segment is expected to generate significant returns over the estimated timeline due to the growing internet penetration across the globe.
Global Grapefruit Oil Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to account for a high volume share over 2022-2030. This is attributable to the increasing health cognizance of the masses, rising popularity of aromatherapy, and surging R&D activities in the field.
Global Grapefruit Oil Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this marketplace are Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading, Alabama Essential Oil Company, Citromax Flavors Inc. (Citromax S.A.C.I.), Fischer S/A – Com. Ind. e Agricultura (Citrosuco Paulista SA), Bontoux S.A.S, Citrus and Allied Essences Ltd, Citrus Oleo, Lionel Hitchen Essential Oils Ltd, Young Living Essential Oils LC:, Symrise AG, do Terra International, and Mountain Rose Herbs Inc.
Report scope
Global Grapefruit Oil Market: Historical Trends- 2018-2021
Global Grapefruit Oil Market: Forecast Years- 2022-2030
Global Grapefruit Oil Market 2022- USD 385 million
Global Grapefruit Oil Market CAGR- 4%
Key segments reported-
• By End Use (Household Care, Healthcare, and Cosmetics and Personal Care)
• By Application (Aromatherapy, Skin Care, and Hair Care)
• By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Pharmaceuticals, and Online Retail)
Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading, Alabama Essential Oil Company, Citromax Flavors Inc. (Citromax S.A.C.I.), Fischer S/A – Com. Ind. e Agricultura (Citrosuco Paulista SA), Bontoux S.A.S, Citrus and Allied Essences Ltd, Citrus Oleo, Lionel Hitchen Essential Oils Ltd, Young Living Essential Oils LC:, Symrise AG, do Terra International, and Mountain Rose Herbs Inc.
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Key Questions Answered in the Report:
- What will be the development pace of market? What is the growth rate of the global market?
- Who are the key manufacturers in the market space? Who are the world’s leading manufacturers?
- What are sales, revenue, and price analysis of the top manufacturers of market?
- Who are the distributors, traders, and dealers of market? What are the key factors driving the Global market?
- What are the market opportunities and threats faced by the vendors in the industries?
- What are deals, incomes, and value examinations by types and applications of the market?
- What are the primary factors driving market?
- What are the market’s advantages, disadvantages, and risks, as well as an overview of the market?
- Who are the Top Manufacturers in the Market in Terms of Sales, Revenue, and Price Analysis?
- Analysis of Industry Revenue, Sales, and Pricing, what is the difference between Equipment by region, type, and application?