Grapefruit Oil Market size is projected to reach USD 11.90 billion by 2027 from an estimated USD 9.196 billion in 2021, growing at a CAGR of 4.5% globally.
Grapefruit oil is a fat-burning food as it contains a variety of volatile chemicals. Grapefruit oil is regarded as multipurpose oil due to its natural perfume and harsh flavor. Grapefruit oil contains antioxidants as well as phytochemicals, which aid in the reduction of oxidative stress and inflammation. Myrcene, vitamin C, pinene, terpene, and citronellol are all found in grapefruit oil. It is used to treat respiratory and throat infections, as well as muscle aches, weariness, and arthritis. The majority of the benefits of grapefruit oil are attributed to limonene, a key ingredient that accounts for 80-90 percent of the oil. Limonene aids in the fight against cancer and tumors, as well as protects DNA from harm. Grapefruit oil is a natural detoxifying agent that aids the liver in the removal of toxins from the body. It even aids in the lymphatic system's activation and fluid retention control.
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The Major Players In The Grapefruit Oil Market Include:
Now Foods, Young Living, Camenae, ANU, PBA, Vivi’s Secret, Old Land, Pretty Valley, AFU, Oshadhi, Good Herbor, Jcare
Market has segmented the global Grapefruit Oil market on the basis of type, application, and region:
The Grapefruit Oil market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
White Grapefruit, Red Grapefruit, Pink Grapefruit, Yellow Grapefruit
By Application:
Food & Beverage, Therapeutic Massage Oils, Cosmetics & Personal Care, Home Care
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Grapefruit Oil Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Top Impacting Factors
• The grapefruit oil market is expected to grow at a moderate rate, owing to the numerous health benefits provided by grapefruit oil.
• Grapefruit oil has natural disinfectant characteristics in addition to remarkable antimicrobial and antiviral properties, making it a viable ingredient for the development of various antibacterial and disinfection agents.
• Furthermore, grapefruit oil may be used to effectively treat a variety of skin infections, which is expected to continue to drive demand for grapefruit oil in the dermatology market.
• Leading grapefruit oil manufacturers competing in the worldwide grapefruit oil market landscape are grappling with this demand-supply imbalance, prompting new product development.
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