Global Grapefruit Oil Market- Description
Grapefruit oil is referred to as a type of essential oil predominantly extracted from the glands situation inside the peel of grapefruit using the cold-pressing method. It is considered as a multipurpose oil owing to its wide array of beneficial properties. This oil comprises of various antioxidants and phytochemicals including terpene, pinene, vitamin C, mycrene, and citronellol, among others. Grapefruit oil can be directly applied to the skin or diffused using a humidifier. It is known for providing stress relief, reducing blood pressure levels, and treating respiratory infections. This essential oil is also known to remove toxins from the skin and liver, while also decreasing the risk of cancer and other deadly ailments.
Global Grapefruit Oil Market- Overview
The global grapefruit oil market is presently valued at USD 385 million. Due to various growth propellants, there industry is reckoned to amass a substantial valuation by 2030, with a CAGR of 4% over 2022-2030.
The wide range of beneficial properties pertaining to this oil, growing prevalence of stress related disorders, and rising R&D investments in the field are primarily augmenting the outlook of this business vertical.
Alongside, the ability of grapefruit oil to reduce inflammations while preventing the occurrence of deadly ailments like cancer is creating lucrative opportunities for the marketplace to prosper.
Moreover, surging R&D activities in the field, rapid technological advancements to simplify the process of grapefruit oil extraction, and increasing disposable income of individuals are adding momentum to the progression of this industry sphere.
On the contrary, lack of awareness regarding the benefits of this oil among the masses is hindering the remuneration scope of this market.
Request to Download Sample of This Strategic Report:- https://wemarketresearch.com/sample-request/grapefruit-oil-market/504/
Global Grapefruit Oil Market- Key trends
Beneficial properties of grapefruit oil to bolster market growth
Grapefruit oil is enriched with a wide array of beneficial properties. It is widely used in nutraceuticals, medicines, cosmetics, and aromatherapy products. The balanced used of this helps in reducing blood pressure levels, stress, along with respiratory infections. Moreover, it is also known to aid in toxin removal from the liver while also helping the body to fight cancer cells. These benefits offered by grapefruit oil is escalating its demand across the globe.
Increasing inclination of individuals towards weight loss therapy to fuel industry expansion
With widespread increase in the volume of obese population and rising prevalence of weight based disorder, the masses are moving towards a healthier lifestyle. In fact, many people are adoption various weight management therapies to keep their bodies in proper shape. Grapefruit oil is equipped with beneficial enzymes that helps in breaking body fats. Moreover, it also influences the functional of autonomic nerves, which in turn results in decreased appetites and weight loss since these nerves are responsible for digestion and cardiac activity. This in turn is stimulating the overall dynamics of this market vertical.
Global Grapefruit Oil Market- Segmental assessment
By End Use
• Household Care
• Healthcare
• Cosmetics and Personal Care
The healthcare segment is poised to amass notable gains over the stipulated timeframe owing to the wide array of health benefits offered by grapefruit oil.
By Application
• Aromatherapy
• Skin Care
• Hair Care
By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Pharmaceuticals
• Online Retail
The online retail segment is expected to generate significant returns over the estimated timeline due to the growing internet penetration across the globe.
Global Grapefruit Oil Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to account for a high volume share over 2022-2030. This is attributable to the increasing health cognizance of the masses, rising popularity of aromatherapy, and surging R&D activities in the field.
Global Grapefruit Oil Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this marketplace are Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading, Alabama Essential Oil Company, 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.
Report scope
Global Grapefruit Oil Market: Historical Trends- 2018-2021
Global Grapefruit Oil Market: Forecast Years- 2022-2030
Global Grapefruit Oil Market 2022- USD 385 million
Global Grapefruit Oil Market CAGR- 4%
Key segments reported-
• By End Use (Household Care, Healthcare, and Cosmetics and Personal Care)
• By Application (Aromatherapy, Skin Care, and Hair Care)
• By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Pharmaceuticals, and Online Retail)
Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Aromaaz International Natural Essential Oils, NOW Health Group, Inc., Mystic Moments UK, Ancient Healing Oils, PRZ, Dève Herbes, Rocky Mountain Oils LLC, AVI Naturals, Botanic Spa Flora Oil, Clamor, Aubrey Organics, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products, Riya Agro Products, India Essential Oils, Florihana Distillerie, VedaOils, Ambre Blends, Naissance Trading, Alabama Essential Oil Company, 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.
Access the Complete Report at: https://wemarketresearch.com/reports/grapefruit-oil-market/504/
The main goals of report are:
- To examine and assignment the extent of the international market for the market sector.
- To Researching the important gamers globally, their SWOT analysis, market value, and market share.
- To identify, describe, and mission market based totally on type, quit use, and geography.
- To take a look at the market advantages, challenges, dangers, and constraints in the world’s principal regions.
- To pick out key traits and variables that are advertising or inhibiting market growth.
- To decide the excessive increase segments in order to have a look at the market potentialities for stakeholders.
- To consider every submarket fastidiously in phrases of its very own boom sample and market contribution.
- To know market possessions, agreements, growth, and the introduction of new merchandise as aggressive advances.
- To strategically discover the essential gamers and completely take a look at their enlargement plans.
