Global Lime Oil Market Overview:
Lime oil is extracted from Citrus aurantifolia of the Rutaceae family and is also known as Mexican and West Indian lime, as well as sour lime. Lime oil has been extensively used in the food and beverage industries, as well as in creating fragrances. Key limes are more commonly distilled for oil to be used in the beverage industry. The shifting trend towards preventive healthcare, coupled with an improved standard of living among consumers, are the major factors driving the market.
Growth Drivers
- Increasing Applications in the various End User Industries such as Pharmaceutical Industry, Food & Beverage Industry, etc
- Rising Demand from Medical Sector owing to its Therapeutic Properties
Market Trends
- Increased Preference for Natural Products
Roadblocks
- Depletion of Natural Resources
- High Cost of Lime Oil
Opportunities
- Growing Demand from Emerging Economics such as India, China, and others
- Increasing Health Consciousness among the Consumers
Challenges
- Growing Concerns for Large Scale Deforestation
Competitive Landscape:
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global essential oil market can witness an upsurge in the forecast period.
Some of the key players profiled in the report are Citrolim (United States), Citrojugo (United States), The Essential Oil Company (United States), AOS Products (India), Vincent Corp (United States), The Good Scents Company (United States), Ungerer Limited (United Kingdom) and Cifal Herbal Pvt Ltd (India). Analyst at AMA Research see United States Vendors to retain maximum share of Global Lime Oil market by 2026. Considering Market by Source , the sub-segment i.e. Organic will boost the Lime Oil market. Considering Market by Form, the sub-segment i.e. Distilled will boost the Lime Oil market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Lime Oil market.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Lime Oil market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Lime Oil market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Lime Oil, Suppliers of Lime Oil, Wholesalers, Distributors and Retailers of Lime Oil, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.