The global lime seed oils market is poised to register a CAGR of 6% from 2022 to 2032, projected to garner a revenue of USD 708 million by 2032, up from USD 488 million in 2022.
With a sizable consumer base preferring organic over conventional food ingredients, natural essential oils are on a steady upward trend, propelling the overall demand for lime seed oils.
Furthermore, the sales of lime seed oils are on the rise due to their energy-boosting and mood-lifting properties, lime oil has gained traction in aromatherapy in recent years.
Hence, the demand for lime seed oils in therapeutics is expected to expand the lime seed oils market share over the forecast period.
Report Attribute | Details |
---|---|
Lime Seed Oils Market Value (2022) | USD 488 million |
Lime Seed Oils Market Anticipated Forecast Value (2032) | USD 708 million |
Lime Seed Oils Market Projected Growth Rate (2022 to 2032) | 6% |
The demand for lime seed oils is rising as when compared to its more expensive siblings, lime oil is one of the more affordable essential oils, allowing it to attract a larger consumer base than other essential oils.
The desire for natural, non-chemical ingredients has a significant impact on processed food purchasing decisions thereby fuelling the sales of lime seed oils.
Manufacturers of lime oil are increasingly emphasizing the introduction of food-grade lime oil variants for both taste and preservation, catering to the consumer’s demand for lime seed oils.
The rising sales of lime seed oils can be attributed to their commercial importance where lime oil was first used as a natural preservative in canned, frozen, and vacuum-packed goods, as well as bottled beverages and fruit juices.
The lime seed oil contains palmitic acid, which makes lime seed oil very stable in nature thereby facilitating heating without disturbing its natural properties at the fat stage while making cream and lotions. Hence, the demand for lime seed oils is on a higher trajectory.
Moreover, the growing sales of lime seed oils are also due to their useful properties such as antiseptic, preventing aging symptoms, fighting infection, and helping in reducing weight and joint pain.
The lime seed oil is also used in other industries such as cosmetics and fragrances, pharmaceuticals, healthcare, and food, due to which the demand for lime seed oils is increasing tremendously over the forecast period.
Combinations of lime oil variants have recently been tested in oral care products such as toothpaste and mouthwash and the same is auguring well for the lime seed oils market share.
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The demand for lime seed oils is gaining momentum in the market majorly due to its multi-purpose uses and benefits.
The easy permeability of the oil into the skin spikes its use as an essential ingredient in the cosmetic industry for the preparation of lotions, body butter, and other moisturizing creams, in turn, spurring the demand for lime seed oils.
In addition to this, the sales of lime seed oils are catered by its uses as a vital component for an anti-aging cream, the lime seed oil is used in the soap-making process and other toiletries.
Consumers these days are suffering from various skin problems due to which the demand for lime seed oils has increased as it helps in rejuvenating the skin and also create a refreshing sensation, in turn, soaring the sales of lime seed oils as well.
Not only in cosmetics products but also in pharmaceutical products lime seed oil is used due to its antiseptic and disinfectant property, adding up to the overall sales of lime seed oils.
Hence, the sales of lime seed oils also rise as they are used to manufacture many antiseptic creams, ointments, sanitizers, etc.
Lime seed oil is also a good mosquito repellent, indicating an increasing demand for lime seed oils in more mosquito-prone areas.
Spiking sales of lime seed oils can be credited to the increasing demand from industries such as the fragrance industry, pharmaceutical industry, healthcare industry, cosmetics, and personal care industry.
Due to evolving food taste and the demand of consumers, flavor mixing has become necessary, which eventually augments the demand for lime seed oils as a flavor blender, which is bolstering the lime seed oils market share.
Consumers these days are looking for long-lasting and new fragrances which are developed with the use of lime seed oil as an essential component in the fragrance and perfume industry, fostering the sales of lime seed oils.
Some of the top manufacturers and suppliers of lime seed oil are Cargill Corp, Statfold Seed Oil Ltd, Stan Chem International Limited., Young Living Essential Oils LC, Phoenix Aromas & Essential Oils, LLC, Kerry Ingredients Holdings (United Kingdom) Limited., Shirley Price Aromatherapy Ltd, Sydney Essential Oil Co. Pty Limited, Citromax Flavors, Inc., etc. Symrise AG, and Ultra International Limited, among others.
The manufacturers in the lime seed oils market are increasing due to their demand among consumers.
The manufacturer should not supply adulterated and crude lime seed oil, which might affect consumers' health as well as product quality, and dwindle the lime seed oils market share.
If such lime seeds crude oil is used as an ingredient, it might spoil the texture and quality of the final product and also may contaminate and affect the quality of the end product.
To avoid such conditions, the manufacturer should focus on providing refined and purified lime seed oils.
The pre-existing manufacturers should try to reduce the production cost, which may gain them a huge profit, lime seed oils market share, and can also eventually serve at a better price than the other competitors in the market.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 6% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2014 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Nature, Application, Distribution Channel, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled | Cargill Corp; Statfold Seed Oil Ltd; Stan Chem International Limited.; Young Living Essential Oils LC; Phoenix Aromas & Essential Oils, LLC.; Kerry Ingredients Holdings (UK.) Limited.; Shirley Price Aromatherapy Ltd; Sydney Essential Oil Co. Pty Limited; Citromax Flavors, Inc.; Symrise AG; Ultra International Limited. |
Customization | Available Upon Request |
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The global lime seed oils market is projected to move forward with a CAGR of 6% from 2022 to 2032.
The lime seed oils market is projected to hold a market share of USD 708 million by 2032.
Some of the key players holding major global lime seed oils market share are Cargill Corp, Statfold Seed Oil Ltd, Stan Chem International Limited., Young Living Essential Oils LC, and Phoenix Aromas & Essential Oils.
1. Global Market Executive Summary | Lime Seed Oils Market 2. Global Market Overview 3. Market Risks and Trends Assessment 4. Market Background and Foundation Data Points 5. Global Market Demand (USD Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature 6.1. Organic 6.2. Inorganic 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application 7.1. Cosmetic and Personal Care Industry 7.2. Pharmaceutical Industry 7.3. Food and Beverages Industry 7.4. Fragrance and Perfume Industry 7.5. Other 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Sales Channel 8.1. B2B 8.2. B2C 8.3. Modern Trade 8.4. Convenience Store 8.5. Specialty Store 8.6. Departmental Store 8.7. Others 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia & Oceania 9.6. Middle East and Africa (MEA) 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 14. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032 16. Market Structure Analysis 17. Competition Analysis 17.1. Cargill Corp 17.2. Statfold Seed Oil Ltd 17.3. Stan Chem International Limited 17.4. Young Living Essential Oils LC 17.5. Phoenix Aromas & Essential Oils, LLC 17.6. Kerry Ingredients Holdings (United Kingdom) Limited 17.7. Shirley Price Aromatherapy Ltd 17.8. Sydney Essential Oil Co. Pty Limited 17.9. Citromax Flavors, Inc 17.10. Symrise AG 17.11. Ultra International Limited 18. Assumptions And Acronyms Used 19. Research Methodology
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