Lucintel's latest market report analyzed that grapefruit oil provides attractive opportunities in the beverages, processed food, dairy products, confectionery, and bakery & cereals. The grapefruit oil market is expected to grow at a CAGR of 6%-7%. In this market, ingredient of tender skin is the largest segment by product type, whereas ingredient in skin and hair care products are largest by application.
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Based on product type, the grapefruit oil market is segmented into ingredient of tender skin, ingredient of dandruff containment, ingredient of antidepressant, ingredient of refresh, and others. The ingredient of tender skin segment accounted for the largest share of the market in 2020 because possesses natural disinfectant properties, making it a suitable ingredient for the formulation of various antibacterial and disinfection agents.
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The grapefruit oil market is marked by the presence of several big and small players. Some of the prominent players offering grapefruit oil include Citromax Flavors, Inc. (Citromax S.A.C.I.), Fischer S/A - Com. Ind. e Agricultura (Citrosuco Paulista SA), Bontoux S.A.S, Citrus and Allied Essences Ltd, Citrus Oleo, Lionel Hitchen Essential Oils Ltd, Young Living Essential Oils LC:, Symrise AG, do Terra International, and Mountain Rose Herbs, Inc.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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