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#Citrus Solvents Market 2028
neha24blog · 8 months
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Citrus Solvents Market Segmented On The Basis Of Type, Application, Region And Forecast 2028: Grand View Research Inc.
San Francisco, 14 Sep 2023: The Report Citrus Solvents Market Size, Share & Trend Analysis Report By Type (Organic, Conventional), By Application (Specialty Store, Online Retailers), By Region, And Segment Forecasts, 2022 – 2028 The global citrus solvents market size is expected to reach USD 2.07 billion by 2028, registering a CAGR of 5.3% over the forecast period, according to a new report by…
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marketdevelopment · 1 month
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Essential Oils Market Outlook for Forecast Period (2023 to 2030)
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Global Essential Oils Market was valued at USD 10.12 billion in 2021 and is expected to reach USD 18.64 billion by the year 2028, at a CAGR of 9.12%.
The essential oils market has experienced robust growth in recent years, driven by increasing consumer awareness regarding the benefits of natural products, growing demand for aromatherapy, and rising health consciousness among consumers. Essential oils, derived from plants, have found widespread applications in aromatherapy, cosmetics, food and beverages, pharmaceuticals, and household cleaning products. The market is characterized by a diverse product range, including lavender, tea tree, peppermint, eucalyptus, and citrus oils, among others. Key players in the market are focusing on product innovation, sustainable sourcing practices, and expanding their distribution networks to capitalize on the growing demand.
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Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 
Leading players involved in the Essential Oils  Market include:
Cargill Incorporated, Givaudan S.A., Rocky Mountain Oils LLC., Indian Essential Oils, Ungerer Ltd., DowDuPont, Koninklijke DSM N.V., Young Living Essential Oils, Sensient Technologies Corporation, Mane, dôTERRA, ROBERTET S.A., Falcon, Farroti, H. REYNAUD & FILS, Eden’s Garden, Essential Oils of New Zealand Ltd and other major players. 
Market Driver:
One of the primary drivers of the essential oils market is the increasing preference for natural and organic products among consumers. With rising concerns about the harmful effects of synthetic chemicals in personal care and household products, consumers are gravitating towards natural alternatives like essential oils. The perceived health benefits, including stress relief, relaxation, and mood enhancement, associated with essential oils are driving their adoption across various industries. Moreover, the shift towards clean-label and eco-friendly products is further fueling the demand for essential oils, as they are considered environmentally sustainable and biodegradable.
Market Opportunity:
An emerging market opportunity within the essential oils sector lies in the expansion of product offerings targeting the pet care industry. As pet owners become more discerning about the products they use for their furry companions, there is a growing demand for natural and holistic pet care solutions. Essential oils such as lavender, chamomile, and cedarwood are known for their calming and insect-repelling properties, making them ideal ingredients for pet grooming products, flea and tick repellents, and pet odor eliminators. By tapping into this niche market segment, essential oil manufacturers can diversify their product portfolios and capitalize on the burgeoning pet care market.
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Segmentation of Essential Oils Market:
By Type
Jasmine Oil
Lemon Oil
Lavender Oil
Orange Oil
Others
By Application
Food & Beverages
Cosmetics & Personal Care
Home Care
Health Care
Pharmaceuticals
Others
By Extraction Methods
Distillation
Cold Press Extraction
Solvent Extraction
Co2 Extraction
By Distribution
Channels
Supermarket/Hypermarkets
Pharmacies
Specialty Store
Online
An in-depth study of the Essential Oils industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Reasons for Acquiring this Report:
1. Strategic Decision-Making for Government Leaders and Politicians:
Gain insights into the global Essential Oils Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.
2. Informed Decision-Making for Professionals and Product Developers:
Access a detailed breakdown of the Essential Oils Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.
3. Strategic Planning for Sales Managers and Market Stakeholders:
Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.
4. Comprehensive Understanding for Executives:
Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.
5. Competitive Intelligence:
Obtain a detailed analysis of competitors and their key tactics in the Essential Oils Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.
6. Accurate Business Forecasting:
Evaluate the accuracy of global Essential Oils Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.
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esglatestmarketnews · 2 years
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Food Additives Market Growth Factors Analysis, Overview and Forecast Report By 2028
Food Additives Industry Overview
The global food additives market size was valued at USD 98.22 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2028.
The requirement of improving taste, texture, mouthfeel, and overall appearance of food and beverages is expected to propel the demand for food additives. The growing food and beverages industry globally is the key factor driving the market. The consumption of packaged food products and beverages across the world is rising due to the changing dietary patterns of the population. This is expected to contribute to the surging demand for additives used during food processing to improve its quality and nutritional content.
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The preference for a plant-based diet and the growing interest of consumers to pay more for clean-label products in the U.S. have surged the consumption of food and drinks infused with natural ingredients. In May 2021, Ventura Foods, LLC, a U.S.-based company, launched new plant-based and dairy-free salad dressings under Marie’s brand. The product is expected to attract vegan consumers in the U.S.
Gather more insights about the market drivers, restrains and growth of the Global Food Additives Market
Food and beverage companies are focusing on reducing the sugar, fat, and overall calorie content in their products. Regulatory approvals for such low-calorie sweeteners and fat replacers are expected to offer an opportunity to produce low-sugar and low-fat food and beverage products.
In May 2021, the Malaysia Ministry of Health officially accepted SweeGen’s zero-calorie Bestevia sweeteners, Rebaudioside D, E, and M, for use as ingredients in food and beverage products. Similarly, in June 2020, plant-based oil of Epogee, namely, Esterified Propoxy late Glycerol (EPG) fat replacer, received generally regarded as safe (GRAS) approval from the U.S. Food and Drug Administration (FDA) for use in various food applications. The prevailing trend of having low-calorie and low-sugar food and drinks among consumers is thus supporting the market growth.
Manufacturers are adopting new technologies to improve their production processes and offer high-quality ingredients. For instance, in June 2021, Firmenich SA launched Firgood Ingredients that are pure and made from 100% natural extracts. Extracts are obtained using the company’s patented water-based extraction technology without the use of toxic chemicals.
Browse through Grand View Research's Category Food Additives & Nutricosmetics Research Reports.
• Citrus Solvents Market: The global citrus solvents market size was valued at USD 1.44 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2028. The market is majorly driven by the increasing demand for natural products. Also, the growing demand for skin and hair care segment is propelling the industry growth during the forecast period.
• Flavors And Fragrances Market: The global flavors and fragrances market size was valued at USD 23.35 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. The demand for the product is anticipated to be driven by the rising demand and consumption of processed food and personal care and cosmetics products globally.
Food Additives Market Segmentation
Grand View Research has segmented the global food additives market on the basis of product, source, application, and region:
Food Additives Product Outlook (Revenue, USD Million, 2017 - 2028)
• Flavors & Enhancers
• Sweeteners
• Enzymes
• Emulsifiers
• Shelf-life stabilizers
• Fat Replacers
• Prebiotics
• Probiotics
• Dietary Fibers
• Others
Food Additives Source Outlook (Revenue, USD Million, 2017 - 2028)
• Natural
• Synthetic
Food Additives Application Outlook (Revenue, USD Million, 2017 - 2028)
• Bakery & confectionery
• Beverages
• Convenience foods
• Dairy & frozen desserts
• Spices, condiments, sauces & dressings
• Others
Crisscross Analysis, Product by Source Outlook (Revenue, USD Million, 2017 - 2028)
• Flavors & Enhancers
• Sweeteners
• Enzymes
• Emulsifiers
• Shelf-life stabilizers
• Fat Replacers
• Prebiotics
• Probiotics
• Dietary Fibers
Crisscross Analysis, Product by Application Outlook (Revenue, USD Million, 2017 - 2028)
• Flavors & Enhancers
• Sweeteners
• Enzymes
• Emulsifiers
• Shelf-life stabilizers
• Fat Replacers
• Prebiotics
• Probiotics
• Dietary Fibers
Food Additives Regional Outlook (Revenue, USD Million, 2017 - 2028)
• North America
• Europe
• Asia Pacific
• Central & South America (CSA)
• Middle East & Africa (MEA)
Key Companies profiled:
Some prominent players in the Global Food Additives Market include
• ADM
• Chr. Hansen Holding A/S
• Ingredion Incorporated
• Novozymes A/S
• Tate & Lyle Plc
• DSM
• Ajinomoto Co., Inc.
• Cargill, Incorporated
• BASF SE
• Givaudan
• International Flavors & Fragrances, Inc.
• Biospringer
• Palsgaard
• Lonza
• Sensient Technologies Corporation
• Kerry
• Corbion
• Fooding Group Limited
• DuPont
• The Kraft Heinz Company
Order a free sample PDF of the Food Additives Market Intelligence Study, published by Grand View Research. 
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digitalconvo · 3 years
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Thaumatin Market – Notable Developments, Upcoming Trends & Future Applications 2028
Global Thaumatin Market: Snapshot
Thaumatin is a low-calorie flavoring agent and a sweetener, which is taken out from the fruit of katemfe, locally found in West Africa. It is incredibly steady in high temperature and acidic conditions, and is water-solvent. There are small segments of protein found in the thaumatin family are around 2000 times sweeter in comparison to sugar. Thaumatin is utilized to a great extent in the manufacturing of chocolates, desserts, toffies, and numerous such confectionary items. Also, it is utilized in both nondairy and diary items. It helps in flavor improvement of specific food items by lessening bitterness and sourness. It has found its applications in nutraceutical and pharmaceutical sector, because of existence of high sugar content.
Increment in utilization of confectionary items and increment being used of regular flavors in nourishment and refreshment industry fuel the interest for thaumatin, accordingly quickening the market development. Be that as it may, the expense of extraction of awful is high and restricted accessibility if katemfe organic product limit the market development. The utilization of recombinant DNA innovation to alter qualities to deliver thaumatin protein is relied upon to give development chance to the market.
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The key driving components of Thaumatin market are quick utilization of dairy and non-dairy items and expanding wellbeing mindfulness among customers over the globe. The macroeconomics factors, for example, per capita pay, developing economy, changing way of life and quick rate of urbanization which are driving the worldwide Thaumatin market. The key controlling component of Thaumatin market is constrained accessibility zone, generally in West Africa.
The thaumatin market is sectioned based on sort, application, end-client industry, and geography. By sort, the market is classified into nourishment grade, pharmaceutical evaluation, and others. Applications shrouded in the examination incorporate seasoning specialist, sugar, and others. By end-client industry, the market is ordered into pharmaceutical, nutraceutical, nourishment and drink, beauty care products, and others. Region-wise, it is dissected all over North America, Europe, Asia-Pacific, LA, and MEA.
There are a few major companies operating in this market such as, Parchem Fine and Specialty Chemicals, BENEO-Palatinit GmbH, Naturex Group, Neptune Bio-Innovations, Natex, and KF Specialty Ingredients Nutraceutical Group.
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Global Thaumatin Market: Overview
The global thaumatin market is envisaged to have an upswing in growth in the near future. Use of thaumatin in non-dairy and dairy products has fueled due to its sweet nature as some types of the protein are believed to be multiple times sweeter than processed sugar. In the confectionary industry, thaumatin finds its application in the production of hard candies, gummies, and chocolates flavor and enhancement of flavors such as mint, citrus, and berry.
The rise in growth of the confectionary and dairy products industries because of the introduction of new tastes and launch of new products is expected to fuel the market. Thaumatin aids in reducing bitterness or sourness of soya-based products and low-fat yoghurts. Companies use recombinant DNA technology to produce thaumatin as the process of extraction from fruits is expensive.
Global Thaumatin Market: Trends and Opportunities
An important driving factor of the global thaumatin market could be the surge in uptake of non-dairy and dairy products. Increase in health awareness among consumers all over the world is anticipated to promote the growth of the market. Other factors such as changing lifestyle, increase in urbanization, per capita income, and improving emerging economies could push the market on the positive side of growth. High investment in the food and beverages industry and acquisition and merger between international players are predicted to help the market to thrive. Merging with local players could help global players to hold a high market share.
The global thaumatin market can be segregated on the basis of application, end-use industry, and region. Thaumatin finds use in cosmetics, pharmaceutical, and food and beverages industries. Food and beverages is expected to hold a higher share of the market during the forecast period. Thaumatin finds application as a flavoring agent and sweetener. As a flavoring agent, it could secure a higher demand in the market due to its use in confectionary products.
Global Thaumatin Market: Market Potential
Naturex, a key player in the global thaumatin market, is all set to launch a new plant-based substitute to EDTA at their IFT18 Expo. The company has named the product as XtraBlend RN, and boasts it to be organic.  This product falls under Naturex’s Clean and Clear label theme. Naturex has also shown their focus on fire-roasted vegetables and fruits puree.
Global Thaumatin Market: Regional Outlook
On the basis of geography, the global thaumatin market is spread across North America, Latin America, Middle East and Africa, North America, APEJ, Eastern Europe, and Western Europe. Amongst the pack, North America is expected to prevail in the market with its considerably high growth rate. The reason behind such competitiveness of North America could be the surge in demand for food and beverage products. It is estimated that the Western Europe could grow at high rate due to strong health awareness among consumers in the region. Asia Pacific is expected to gain a strong hold in terms of volume. The region is also expected to grow at a decent growth rate in the market, which could be attributed to its ever-increasing population, rise in urbanization, and changing lifestyle.
Global Thaumatin Market: Competitive Landscape
The market for thaumatin could be highly fragmented due to the existence of numerous global and regional players. Regional players are observed to provide competitive pricing and quality services as their strategy to compete against global players. On the other hand, international players are seen to be involved in merger and acquisition activities in order to extend their lead.
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industrystudyreport · 4 years
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Plant Extracts Market Global Outlook, Development Factors, Latest Opportunities and Forecast, 2013 - 2028
The global plant extracts market is estimated to witness a staggering CAGR by the year 2028.“Ultrasonication Assisted Extraction (UAE) involves ultrasonic acoustic cavitation technology that vibrates and accelerates the diffusion of solid into solvent phase. This high-frequency and high-intensity technology eliminates the need for complex machinery, it is widely used across both small and large scale industries and is relatively cost-effective.”
The growing demand for traditional herbal medicines and botanical products is driving the growth of the market. The plant extracts industry is further driven by the growing demand for homeopathy medicines and herbal skin care products. The advent of advanced technologies is minimizing the need for labor and is enhancing the productivity, which will significantly surge the development of plant extracts market during the upcoming years.
Some of the key players of the plant extracts market comprise Alkaloids Corp., Indena, Ingredia Nutritional, Berrypharma AG, Organic Herb Inc., Phytovation Ltd., Plant Extracts International Inc., Naturex, Prinova Group, Sigma-Aldrich Co. LLC, Kuber Impex Ltd., QUALIPHAR, Kangcare Bioindustry Co. Ltd., Lehmann & Voss & Co. Kg, Nantong Sihai Plant Extracts Co., Ltd., and Linnea S.A. among others.
The market participants have identified the major supply chain mechanism, distribution channels, industry cost structure and production capabilities. Considering the changing competitive dynamics and the current scenario of the industry, it has set the market to grow at an exponential rate during the forecast years.
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The plant extract market is segmented based on type mainly into spices which includes pepper fennel, coriander, natural extracts and essential oils. Natural extracts and essential oils include eucalyptus oil, citrus oil, mint oil, and others, fragrances and flavors. Fragrance and flavors include lemon balm, clary sage, chamomile, herbal extracts and phytomedicines. Herbal extracts include hops, ginseng and phytochemicals which includes protein inhibitors, phenolic compounds, and others.
Based on its form, the market has been segmented into liquid, power and others. Based on ingredient used, the segmentation includes Carotenoids, Phytosterols, Flavanoids, and others. Furthermore, the application segmentation includes food & beverages, pharmaceuticals, chemicals, cosmetics and others. Also, the food & beverage sector has been sub-divided into functional food and food additive.
Key Questions Answered in This Report • Analysis of the market including revenues, future growth, market outlook • Historical data and forecast • Regional analysis including growth estimates • Analyzes the end user markets including growth estimates. • Profiles including products, sales/revenues, and market position • Market structure, market drivers and restraints.
In order to study the span of the industry, the plants extract market has been geographically segmented into the five key regions of North America, Europe, the Asia Pacific, the Middle East, and Africa, and Latin America. North America is holding the largest market share and the Asia Pacific is the fastest growing region attributed to the growing popularity of organic dietary supplements. The use of herbal practice or Ayurveda is a common practice in Asia and Africa since ancient ages to alleviate a wide array of ailments.
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Adhesive Removers Market - 2019-2028 - Global Trends, Market Size, Shares, Industry Dynamics, Opportunity Assessment, Competitive Intelligence
The global adhesive removers market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by the end of the forecast period, growing at a CAGR of XX% during the period from 2020 to 2028.
The research report segments the market from a relevancy perspective into the below segments and sub-segments with quantitative analysis done from 2018 to 2028 considering 2019 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment and sub-segment is calculated for the forecast period from 2020 to 2028 to provide a reference for growth potential.
 Key Market Players Analysed and Profiled in the Study Include:
3M
Sherwin-Williams
Henkel
Aurena Laboratories
CRC industries
Stepan Company
Weiman Products
WM Barr
Smith & Nephew
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 Market Segments and Sub-segments Covered in the Report:
 Based on Product Type adhesive removers market is segmented into:
Citrus Based
Soy Based
Solvent Based
 Based on Application adhesive removers market is segmented into:
Industrial
Medical
Commercial
 Based on Geography adhesive removers market is segmented into:
North America (U.S. and Canada)
Europe (U.K., Germany, France, Spain, Italy and Rest of Europe)
Asia Pacific (China, Japan, India, Indonesia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
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 This report covers an in-depth analysis of the adhesive removers market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
 There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of adhesive removers market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.
 Key Questions answered in the Report:
 • What is the size of the overall adhesive removers market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities and challenges of the adhesive removers market and how they are expected to impact the market?
• What are the attractive investment opportunities within the Market?
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 • What is the adhesive removers market size at the regional and country level?
• Who are the key market players and their key competitors?
• Market value- chain and key trends impacting every node with reference to companies
• What are the strategies for growth adopted by the key players in adhesive removers market?
• How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization?
• How financially strong are the key players in adhesive removers market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
• What are the recent trends in adhesive removers market? (M&A, partnerships, new product developments, expansions)
 Years Considered During the Study:
 Historical Year: 2018
Base Year: 2019
Forecast Period: 2020 to 2028
  Table of Content
Preface
1. Executive Summary
2. Market Dynamics
3. Global Adhesive Removers Market, by Product Type
4. Global Adhesive Removers Market, by Application
5. Global Adhesive Removers Market, by Region
7. Competitive Intelligence
8. Company Profiles
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Citrus Oil Market – Factors affecting consumer need 2028
Global Citrus Oil Market: Overview
Citrus oil is one of the most widely used essential oils across a number of applications such as food flavouring, aroma therapy, and manufacture of industrial solvents and therapeutic products. Citrus oil is widely used in the food and beverages industry, which accounts for a significant share of the overall market. The use of citrus oil is also high in massage parlors and spas.
Citrus oils are used for adding a refreshing, sweet flavour to beverages such as smoothies and tea and for enhancing the flavour of baked goods such as cookies, muffins, and scones. Therapeutic uses of citrus oil are also of vast importance to the global citrus oil market as the application area is steadily expanding in the face of rising consumer awareness regarding the vast benefits of a variety of essential oils. The global citrus oil market is likely to expand at an impressive pace in the next few years owing to the rising demand from steadily expanding application areas.
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Global Citrus Oil Market: Trends and Opportunities
One of the leading factors working in favour of the global citrus oil market is the steadily rising demand for natural flavorants and colorants in the food and beverages industry as the consumer becomes more concerned about the negative health impact of synthetic additives in their foods and beverages. The rising awareness among the global consumer regarding the benefits of functional foods is also likely to have a promising influence on the global citrus oil market. Studies have demonstrated that the global consumption of herbal supplements has massively increased in the past few years, which has, in turn, developed an improved growth opportunity for the organic food industry.
Global Citrus Oil Market: Market Potential
The key applications of citrus oil are found in applications such as food and beverages, nutraceuticals, and personal care products. These industries have been expanding at an impressive pace over the past many years, tapping growth opportunities in emerging economies with a more aware and affluent consumer base. With the vast rise in demand for packaged and ready-to-consume foods and beverages and high-quality personal care products in emerging economies in regions such as Asia Pacific and Latin America, the demand for citrus oil is also expected to see a promising rise in the next few years. Companies eyeing a larger share in the market need to focus on these application areas for sustainable profits.
Global Citrus Oil Market: Geographical and Competitive Dynamics
From a geographical standpoint, the market for citrus oil in Europe is presently the leading revenue opportunity for the global citrus oil market. Vast rise in demand for natural personal care products and cosmetics, a thriving food and beverages industry, and the well-established bakery industry are the factors that have worked well for the citrus oil market and Europe and are likely to help the market expand further in the next few years as well. The markets in North America and Asia Pacific are also likely to work well from future growth perspective. This will be chiefly influenced by the thriving personal care, cosmetics, and gourmet foods industries in these regions.
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Some of the leading companies operating in the global citrus oil market are Citrus and Allied Essences Ltd., Lionel Hitchen Ltd., Young Living Essential Oils LC, doTERRA International LLC., The Lebermuth Co. Inc., Bontoux S.A.S., Citromax Flavors Inc., Mountain Rose Inc., and Symrise AG.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
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arushisoni-blog · 5 years
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Citrus Oil Market - Enhancing the flavour of baked goods 2028
Global Citrus Oil Market: Overview
Citrus oil is one of the most widely used essential oils across a number of applications such as food flavouring, aroma therapy, and manufacture of industrial solvents and therapeutic products. Citrus oil is widely used in the food and beverages industry, which accounts for a significant share of the overall market. The use of citrus oil is also high in massage parlors and spas.
Citrus oils are used for adding a refreshing, sweet flavour to beverages such as smoothies and tea and for enhancing the flavour of baked goods such as cookies, muffins, and scones. As citrus oils are made from the peel of citrusy fruits such as orange, bergamot, lime, lemon, grapefruit, and mandarin, they can easily substitute fruit zest in a recipe, with only a few drops required to substitute the zest of an entire fruit in a recipe. Therapeutic uses of citrus oil are also of vast importance to the global citrus oil market as the application area is steadily expanding in the face of rising consumer awareness regarding the vast benefits of a variety of essential oils. The global citrus oil market is likely to expand at an impressive pace in the next few years owing to the rising demand from steadily expanding application areas.
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Global Citrus Oil Market: Trends and Opportunities
One of the leading factors working in favour of the global citrus oil market is the steadily rising demand for natural flavorants and colorants in the food and beverages industry as the consumer becomes more concerned about the negative health impact of synthetic additives in their foods and beverages. The rising awareness among the global consumer regarding the benefits of functional foods is also likely to have a promising influence on the global citrus oil market. Studies have demonstrated that the global consumption of herbal supplements has massively increased in the past few years, which has, in turn, developed an improved growth opportunity for the organic food industry.
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The market is also benefitting from the increased disposable incomes of the global population and the increased demand for organic personal care products and cosmetics. As the global consumer spends more resources on skincare and healthcare products that are derived from biological sources, the market for essential oils such as citrus oil is also expected to rise at a promising pace.
Global Citrus Oil Market: Market Potential
The key applications of citrus oil are found in applications such as food and beverages, nutraceuticals, and personal care products. These industries have been expanding at an impressive pace over the past many years, tapping growth opportunities in emerging economies with a more aware and affluent consumer base. With the vast rise in demand for packaged and ready-to-consume foods and beverages and high-quality personal care products in emerging economies in regions such as Asia Pacific and Latin America, the demand for citrus oil is also expected to see a promising rise in the next few years. Companies eyeing a larger share in the market need to focus on these application areas for sustainable profits.
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Global Citrus Oil Market: Geographical and Competitive Dynamics
From a geographical standpoint, the market for citrus oil in Europe is presently the leading revenue opportunity for the global citrus oil market. Vast rise in demand for natural personal care products and cosmetics, a thriving food and beverages industry, and the well-established bakery industry are the factors that have worked well for the citrus oil market and Europe and are likely to help the market expand further in the next few years as well. The markets in North America and Asia Pacific are also likely to work well from future growth perspective. This will be chiefly influenced by the thriving personal care, cosmetics, and gourmet foods industries in these regions.
Some of the leading companies operating in the global citrus oil market are Citrus and Allied Essences Ltd., Lionel Hitchen Ltd., Young Living Essential Oils LC, doTERRA International LLC., The Lebermuth Co. Inc., Bontoux S.A.S., Citromax Flavors Inc., Mountain Rose Inc., and Symrise AG.
The study presents reliable qualitative and quantitative insights into:
  Market segments and sub-segments
  Market trends and dynamics
  Supply and demand chain of the market
  Market valuation (revenue and/or volume)
  Key trends/opportunities/challenges
  Forces defining present and estimated future state of the competitive landscape
  Technological developments
  Value chain and stakeholder analysis
The regional analysis covers:
  North America
  Latin America
  Europe
  Asia Pacific
  Middle East and Africa
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digitalconvo · 3 years
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Thaumatin Market Projected to Witness Vigorous Expansion by 2028
Global Thaumatin Market: Snapshot
Thaumatin is a low-calorie flavoring agent and a sweetener, which is taken out from the fruit of katemfe, locally found in West Africa. It is incredibly steady in high temperature and acidic conditions, and is water-solvent. There are small segments of protein found in the thaumatin family are around 2000 times sweeter in comparison to sugar. Thaumatin is utilized to a great extent in the manufacturing of chocolates, desserts, toffies, and numerous such confectionary items. Also, it is utilized in both nondairy and diary items. It helps in flavor improvement of specific food items by lessening bitterness and sourness. It has found its applications in nutraceutical and pharmaceutical sector, because of existence of high sugar content.
Increment in utilization of confectionary items and increment being used of regular flavors in nourishment and refreshment industry fuel the interest for thaumatin, accordingly quickening the market development. Be that as it may, the expense of extraction of awful is high and restricted accessibility if katemfe organic product limit the market development. The utilization of recombinant DNA innovation to alter qualities to deliver thaumatin protein is relied upon to give development chance to the market.
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The key driving components of Thaumatin market are quick utilization of dairy and non-dairy items and expanding wellbeing mindfulness among customers over the globe. The macroeconomics factors, for example, per capita pay, developing economy, changing way of life and quick rate of urbanization which are driving the worldwide Thaumatin market. The key controlling component of Thaumatin market is constrained accessibility zone, generally in West Africa.
The thaumatin market is sectioned based on sort, application, end-client industry, and geography. By sort, the market is classified into nourishment grade, pharmaceutical evaluation, and others. Applications shrouded in the examination incorporate seasoning specialist, sugar, and others. By end-client industry, the market is ordered into pharmaceutical, nutraceutical, nourishment and drink, beauty care products, and others. Region-wise, it is dissected all over North America, Europe, Asia-Pacific, LA, and MEA.
There are a few major companies operating in this market such as, Parchem Fine and Specialty Chemicals, BENEO-Palatinit GmbH, Naturex Group, Neptune Bio-Innovations, Natex, and KF Specialty Ingredients Nutraceutical Group.
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Global Thaumatin Market: Overview
The global thaumatin market is envisaged to have an upswing in growth in the near future. Use of thaumatin in non-dairy and dairy products has fueled due to its sweet nature as some types of the protein are believed to be multiple times sweeter than processed sugar. In the confectionary industry, thaumatin finds its application in the production of hard candies, gummies, and chocolates flavor and enhancement of flavors such as mint, citrus, and berry.
The rise in growth of the confectionary and dairy products industries because of the introduction of new tastes and launch of new products is expected to fuel the market. Thaumatin aids in reducing bitterness or sourness of soya-based products and low-fat yoghurts. Companies use recombinant DNA technology to produce thaumatin as the process of extraction from fruits is expensive.
Global Thaumatin Market: Trends and Opportunities
An important driving factor of the global thaumatin market could be the surge in uptake of non-dairy and dairy products. Increase in health awareness among consumers all over the world is anticipated to promote the growth of the market. Other factors such as changing lifestyle, increase in urbanization, per capita income, and improving emerging economies could push the market on the positive side of growth. High investment in the food and beverages industry and acquisition and merger between international players are predicted to help the market to thrive. Merging with local players could help global players to hold a high market share.
The global thaumatin market can be segregated on the basis of application, end-use industry, and region. Thaumatin finds use in cosmetics, pharmaceutical, and food and beverages industries. Food and beverages is expected to hold a higher share of the market during the forecast period. Thaumatin finds application as a flavoring agent and sweetener. As a flavoring agent, it could secure a higher demand in the market due to its use in confectionary products.
Global Thaumatin Market: Market Potential
Naturex, a key player in the global thaumatin market, is all set to launch a new plant-based substitute to EDTA at their IFT18 Expo. The company has named the product as XtraBlend RN, and boasts it to be organic.  This product falls under Naturex’s Clean and Clear label theme. Naturex has also shown their focus on fire-roasted vegetables and fruits puree.
Global Thaumatin Market: Regional Outlook
On the basis of geography, the global thaumatin market is spread across North America, Latin America, Middle East and Africa, North America, APEJ, Eastern Europe, and Western Europe. Amongst the pack, North America is expected to prevail in the market with its considerably high growth rate. The reason behind such competitiveness of North America could be the surge in demand for food and beverage products. It is estimated that the Western Europe could grow at high rate due to strong health awareness among consumers in the region. Asia Pacific is expected to gain a strong hold in terms of volume. The region is also expected to grow at a decent growth rate in the market, which could be attributed to its ever-increasing population, rise in urbanization, and changing lifestyle.
Global Thaumatin Market: Competitive Landscape
The market for thaumatin could be highly fragmented due to the existence of numerous global and regional players. Regional players are observed to provide competitive pricing and quality services as their strategy to compete against global players. On the other hand, international players are seen to be involved in merger and acquisition activities in order to extend their lead.
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