The global citronella oil market size is estimated to rake around USD 222.69 million by 2033, growing at a CAGR of 5.52% from 2024 to 2033.
Key Points
- Asia Pacific dominated the global market with the major market share of 35% in 2023.
- North America is observed to witness a significant rate of growth in the upcoming period.
- By product type, the java citronella oil segment has held the largest market share of 57% in 2023.
- By product type, the Ceylon citronella oil segment is the fastest growing during the forecast period.
- By grade type, the food grade segment dominated the market with the biggest market share of 49% in 2023.
- By grade type, the aromatherapy segment is observed to be the fastest-growing during the forecast period.
- By application type, the perfume segment is expected to grow at the fastest rate during the forecast period.
The citronella oil market is a segment of the global essential oils industry that revolves around the production, distribution, and consumption of citronella oil. Citronella oil is derived from various species of Cymbopogon grasses, primarily Cymbopogon nardus and Cymbopogon winterianus. It is renowned for its distinct lemon-like aroma and is widely used in the production of insect repellents, aromatherapy products, and as a flavoring agent in food and beverages.
Get a Sample: https://www.precedenceresearch.com/sample/4267
Growth Factors
The global citronella oil market is experiencing significant growth due to increasing consumer awareness regarding the benefits of natural insect repellents and aromatherapy products. Growing demand for organic and natural ingredients in personal care and household products is also fueling market growth. Additionally, the expanding applications of citronella oil in pharmaceuticals, cosmetics, and food industries are contributing to market expansion.
Region Insights
The production and consumption of citronella oil are concentrated in regions with suitable climates for cultivating Cymbopogon grasses. Key regions for citronella oil production include Southeast Asia (particularly Indonesia, China, and Vietnam), India, Sri Lanka, and parts of Africa (such as Madagascar). These regions not only serve as major producers but also cater to global demand through exports.
Citronella Oil Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 5.52% |
Citronella Oil Market Size in 2023 | USD 130.12 Million |
Citronella Oil Market Size in 2024 | USD 137.30 Million |
Citronella Oil Market Size by 2033 | USD 222.69 Million |
Largest Market | Asia Pacific |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Product Type, By Grade Type, and By Application Type |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Citronella Oil Market Dynamics
Drivers
Several factors are driving the citronella oil market’s growth. Rising concerns about mosquito-borne diseases like malaria, dengue, and Zika virus are boosting the demand for citronella oil-based insect repellents. Furthermore, the shift towards natural and eco-friendly products in the personal care and home care sectors is propelling the market forward. Citronella oil’s versatility in applications across industries is also a key driver.
Opportunities
The citronella oil market presents various opportunities for growth and innovation. Expansion into new geographical markets, especially in regions with emerging economies, offers significant growth potential. Diversification of product offerings, such as developing new formulations of citronella-based products, can also create opportunities for market players. Additionally, increased research and development efforts aimed at discovering new applications for citronella oil could unlock fresh avenues for market expansion.
Challenges
Despite its promising growth trajectory, the citronella oil market faces certain challenges. Variability in crop yields due to climatic conditions can affect the stability of the supply chain. Ensuring consistent quality and purity of citronella oil products is another challenge faced by producers. Moreover, competition from synthetic alternatives and other natural insect repellents poses a threat to market growth. Regulatory hurdles related to product safety and labeling also add complexity to market operations.
Read Also: Engineering Plastics Market Size to Rake USD 283.87 Bn by 2033
Citronella Oil Market Recent Developments
- In April 2022, the first outdoor candle collection was launched by Yankee Candle. Citronella oil and essential oils are used in these candles due to their environmental-relaxing properties.
- In July 2023, the non-alcoholic hand sanitizer gel from citronella essential oil was developed by the PKM D3 pharmacy.
- In February 2024, an initiative to protect lives from diseases that are due to mosquitoes, Bior Guard Mos Block Lotion, ran on sale in Singapore and expanded by Kao. This lotion is made from citronella oil and can be used anytime, anywhere. It protects from mosquitoes that have mosquito-repellent properties.
Citronella Oil Market Companies
- Agro Products and Agencies
- Allied Oil LLC
- Aromatic and Allied Chemicals
- Augustus Oils Ltd
- Bhagat Aromatics Limited
- Bhoomi Natural Products and Exports Pvt Ltd.
- Bontoux S.A.S
- Citrus and Allied Essences Ltd
- Greenf Fields Africa
- India Essential Oils
- Lamberti Spa
- Lakshmi Life Sciences
- Merk KGaA
- Mountain Rose Inc.
- Mokh Lifestyle Products
- Reho Natural Ingredients
- Sydney Essential Oil CO.
- Symrise AG
- Van Aroma
- Vigon International
Segments Covered in the Report
By Product Type
- JAVA Citronella Oil
- Ceylon Citronella Oil
By Grade Type
- Food Grade
- Aromatherapy
- Others
By Application Type
- Perfume
- Food
- Pharmaceutical
- Detergent
- Cosmetic
- Others
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East & Africa
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
Web: https://www.precedenceresearch.com
Blog: https://www.expresswebwire.com/
Blog: https://www.uswebwire.com/
Blog: https://www.dailytechbulletin.com/
Blog: https://www.autoindustrybulletin.com/