Citrus Oils Market with Worldwide Industry Analysis to 2026 FMI | Page 5

Report
Description
Report Description
Citrus Oils Market Drivers
With the increasing demand of natural products, the consumers are inclined towards
using natural fragrance as compared to artificial one, clubbed with the changing life style
focused more towards relaxation and leisure in the developing region with simultaneous
increase in number of spa and massage centers is expected to drive the usage of citrus
oils.
Wide acceptability and availability of different types of citrus oils is also expected to
contribute in the growth of citrus oils market. Rising application of citrus oils and growing
consumer awareness regarding benefits of these oils is expected to spur their demand in
the developing and developed regions.
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Citrus Oils Market: Key Players

Citrus oils market remain concentrated between the few major players resulting in
entry barriers for new participants. On the other hand increasing concerns due resource
depletion are expected to remain a key challenge for the major players. Oil production
requires high capital investment with advanced equipment, leading to the domination
of numerous multinational corporations in the industry.