Market News 2019: Limonene Consumption in U.S. Found Higher Globally

The report provides key statistics on the market status of the Global Limonene manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

DUBLIN, United States – March 29, 2019 /MarketersMedia/ —

Global Limonene market size will increase to 370 Million US$ by 2025, from 300 Million US$ in 2018, at a CAGR of 2.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Limonene.

In the consumer market, the global consumption value of limonene increases with the 3.67% average growth rate. And the USA and Brazil are the main consumption regions due to the bigger demand for downstream applications. In 2016, these two regions occupied 59.49% of the global consumption volume in total.

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Rising demand for bio-based solvents and its application usage is a major factor driving the demand for limonene over the years. In addition to this, increasing application from the end-user industries like aerospace, automotive, general manufacturing among others is boosting the overall growth of the market. Limonene is widely used as fragrance and flavor and is recognized safe in food application by the food and drug administration. However limited availability of limonene and its high price possess a major challenge of the overall market growth. In addition to this, unfavorable weather conditions that create a supply-demand deficit which is also a major factor restraining the market. In terms of region, North America dominated the market in 2018 and expected to display a similar trend in the coming years. The U.S is the largest producer of citrus fruit which is generating the opportunity to the limonene market during the forecast period. Additionally, an increase in demand for natural ingredients in cosmetics is also fueling the demand for limonene in North America. However, Asia Pacific expected to witness the fastest growth during the forecast period.

Limonene Market provides a detailed market overview of the industry including definitions, classifications, applications, challenges, competitive scenario and industry chain structure. The report also analyzes the Limonene Market verticals and horizontals, Market Size and CAGR comparison by region.

• The key players in Limonene Market are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo, Ernesto Ventós, Sucorrico, Agroterenas Citrus, Florachem, Lemon Concentrate.
• The market analysis was done by Product types like Pharmaceutical Grade, Food Grade, Industrial Grade and by Application like Pharmaceuticals Industry, Food Additives, Daily Chemicals Products, Chemical Industry, Others.
• It also provides analysis by Region such as the United States, Europe, China, Japan, Southeast Asia, India, Central & South America.

THE STUDY OBJECTIVES OF THIS REPORT ARE:
• To study and analyze the global Limonene market size (value & volume) by the company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
• To understand the structure of Limonene market by identifying its various sub-segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Limonene companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of Limonene submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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MAJOR POINTS FROM TABLE OF CONTENTS
1. Study Coverage
2. Executive Summary
3. Breakdown Data by Manufacturers
4. Breakdown Data by Product
5. Breakdown Data by End User
6. North America
7. Europe
8. Asia Pacific
9. Central & South America
10. Middle East and Africa
11. Company Profiles
12. Future Forecast
13. Market Opportunities, Challenges, Risks and Influences Factors Analysis
14. Value Chain and Sales Channels Analysis
15. Research Findings and Conclusion
16. Appendix

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Release ID: 496777