リモネンの世界市場 - 成長、動向、予測（2018年〜2023年）
Global Limonene Market - Segmented by Source (Lemons, Oranges, Mandarin, Lime, Grapefruit) Applications (Pharmaceuticals, Food& beverages, Cosmetic, Chemical Industry) and Geography - Growth, Trends and Forecasts (2018 - 2023)
|発行||Mordor Intelligence LLP||商品コード||708612|
|出版日||ページ情報||英文 102 Pages
|リモネンの世界市場 - 成長、動向、予測（2018年〜2023年） Global Limonene Market - Segmented by Source (Lemons, Oranges, Mandarin, Lime, Grapefruit) Applications (Pharmaceuticals, Food& beverages, Cosmetic, Chemical Industry) and Geography - Growth, Trends and Forecasts (2018 - 2023)|
|出版日: 2018年09月01日||ページ情報: 英文 102 Pages||
The global limonene market is expected to register a CAGR of 4.2% during the forecast period, 2018 to 2023. Growing demand for bio-based solvents and its application usage act as the key factors driving the demand for limonene in the global market. The increasing use of Limonene in supplement followed by beverage is expected to drive the growth of limonene in the global market. Increasing application from end-user industries like automobile, aerospace, general manufacturing, wood and marine is propelling the demand for limonene over the forecast period. Rapid transformation in food processing industry towards incorporating natural ingredients in products will provide substantial boost to the food & beverage limonene market.
Increasing adoption of natural ingredients and green chemicals in the production of consumables is one of the major factors driving the market for limonene globally. Limonene is the essential oils present in citrus fruit peels; it is mainly derived from the oil and peels of citrus fruits. Being a plant-based derived solvent, it has minimal environmental and health impacts. This makes an attractive substitute for traditional monomers. Limonene is widely used as a flavor and fragrance. It is also generally recognized as safe in food application by the food and drug administration. This will upsurge the demand for limonene over the forecast periods. Limonene oil is used for therapeutic and aromatic properties which result in the growing preference for convenient, harmless, and natural alternatives to traditional allopathic solutions. Growing demand for aerosol propellant and ozone-depleting chemicals usage is likely to drive the limonene market growth trend in the forecasted period. It is widely used in food & beverage products, medicine and personal care products due its pleasant aroma and fragrance.
Limonene availability and its price in the market tends to fluctuate which decreases the profit margins; this is likely to challenge industry growth. Due to unfavorable weather conditions and lower yields, it creates the supply-demand deficit which inhibiting the growth of the limonene market.
The Office of Dietary Supplements (ODS) of the National Institutes of Health revealed d-limonene as components or constituents in foods dietary supplements, to meet basic human nutritional needs. This supplement is used as prevention and treatment of breast cancer.
The major segmentation in the report includes the market estimates by source - Lemons, Oranges, Mandarin, Lime, Grape fruit. By applications- Pharmaceuticals, Food& beverages, Cosmetic, Chemical Industry. The food& beverages segment dominated the limonene market by application. Limonene is used for its aromatic properties and act as a stabilizing agent in carbonated beverages fruit juices, ice creams, and sweets.
North America maintains the leading position in the global limonene market. The US is the largest producer of citrus fruit in the world. Limonene and its derived products are used in various personal care products. Increase in demand for natural ingredients in cosmetics and preferences towards bio-degradable product will propel demand of limonene in the coming years. Asia-Pacific is expected to grow at the highest CAGR during the forecast period (2018-2023)
The key brands are embarking on mergers and acquisitions and new product development as some of their key strategies to achieve consolidation and optimize their offerings respectively. Major players in the market are Florida Chemical Company, Inc., Arora Aromatics, Bell Chem Corp., Interstate Commodities Corp., Sucorrico, Weleda Australia Pty Ltd., Citrus Oleo, Treatt plc.Lemonconcentrate and Banner Chemicals Limited among many other.
Foreverest Resources Ltd. is one of the leading producer of naturally sourced dipentene that is being used by the pharmaceutical segment as a gallstone solubilizer, to treat one of the most common gastrointestinal disorders.
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