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Citrus Solvents Market Size, Share & Trend Analysis Report By Type (Organic, Conventional), By Application (Specialty Store, Online Retailers), By Region, And Segment Forecasts, 2022 - 2028

May 2022 | 84 pages | ID: CB3541EDA2BBEN
Grand View Research, Inc.

US$ 5,950.00

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Citrus Solvents Market Growth & Trends

The global citrus solvents market size is expected to reach USD 2.07 billion by 2028, registering a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. Increasing investment in R&D by various players to develop new solvents coupled with the increasing demand of citrus solvents are likely to drive the market growth during the forecast period. Also, increasing income level plays important role in determining the purchase of the product. Moreover, rising technological advancement in developing the product is likely to drive market growth over the assessment period.

The market is majorly driven by the increasing demand for natural products. Also, the growing demand for the skin and hair care segment is propelling the market growth during the forecast period. As hair and skin are vital parts of every individual, thus various consumers are looking for non-toxic, and organic products. Owing to this reason market is anticipated to drive growth.

Citrus solvents are also used in personal care products as a replacement for synthetic solvents. It offers certain properties such as antioxidants and fragrance which in turn increases the value of the product. Further, these are also used in various industries as a cleaning agents. For example, it is used as thinner in the coating and paint industry.

Organic citrus solvents contributed to the highest share of 70% in the global market revenue in 2021 owing to its increasing demand for hair and skincare products. Organic citrus solvents are basically prepared from citrus oil and used in various hair care products. For example, organic citrus solvents are available in the market in the form of hair spray which helps in cleansing the scalp. As skin and hair are an important parts of the body, thus consumers are looking for organic products in the market. Hence, due to this reason segment is estimated to show growth over the assessment period.

North America made the largest contribution to the global market with over 35% share in 2021 due to high demand in the U.S., and Canada. Also, the increasing purchasing power of the consumers towards citrus solvent products in this region will drive the segment growth. As the region presents various opportunities for the consumer goods sector, the market is projected to showcase significant growth. Asia Pacific is expected to witness a CAGR of 5.9% from 2022 to 2028. This can be credited to the increasing demand for citrus solvents in this region.

Citrus Solvents Market Report Highlights
  • Asia Pacific is expected to register the fastest growth of 5.9% CAGR from 2022 to 2028 owing to the rising demand for citrus solvents in countries like China and India
  • Organic citrus solvents contributed to the highest share of 70% in the global market revenue in 2021 owing to its increasing demand for hair and skincare products.
  • Specialty store segment contributed to the highest share of more than 60% in the global citrus solvents’ market revenue in 2021 owing to its increasing sales.
  • New product launches and partnerships are some of the strategies which are expected to be utilized by industry participants for gaining a competitive edge.

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Type Outlook
2.3. Application Outlook
2.4. Competitive Insights

CHAPTER 3. CITRUS SOLVENTS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Market Dynamics
  3.6.1. Market Driver Analysis
  3.6.2. Market restraint Analysis
  3.6.3. Industry challenges
3.7. Business Environment Analysis
  3.7.1. Porter’s Analysis
    3.7.1.1. Threat of new entrants
    3.7.1.2. Bargaining power of suppliers
    3.7.1.3. Bargaining power of buyers
    3.7.1.4. Threat of substitutes
    3.7.1.5. Competitive rivalry
  3.7.2. PESTLE Analysis
    3.7.2.1. Political Landscape
    3.7.2.2. Environmental Landscape
    3.7.2.3. Social Landscape
    3.7.2.4. Technology Landscape
    3.7.2.5. Economic Landscape
    3.7.2.6. Legal Landscape
  3.7.3. Major Deals & Strategic Alliances Analysis
3.8. Market Entry Strategy
3.9. COVID-19 Impact Analysis

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Type Adoption
4.4. Observations & Recommendations

CHAPTER 5. CITRUS SOLVENTS MARKET: TYPE ESTIMATES & TREND ANALYSIS

5.1. Type Movement Analysis & Market Share, 2021 & 2028
5.2. Organic
  5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.3. Conventional
  5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

CHAPTER 6. CITRUS SOLVENTS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

6.1. Application Movement Analysis & Market Share, 2021 & 2028
6.2. Specialty Store
  6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.3. Online Retailers
  6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.4. Others
  6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

CHAPTER 7. CITRUS SOLVENTS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2021 & 2028
7.2. North America
  7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.2.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.2.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.2.4. U.S.
    7.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.2.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.2.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.3. Europe
  7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.3.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.3.4. Germany
    7.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.3.5. U.K.
    7.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.5.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.3.6. France
    7.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.6.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.4. Asia Pacific
  7.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.4.4. China
    7.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.4.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.4.5. Japan
    7.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.4.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.5.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.5. Central & South America
  7.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.5.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.5.4. Brazil
    7.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.5.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.5.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.6. Middle East & Africa
  7.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.6.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  7.6.4. South Africa
    7.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.6.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.6.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key Players’ Recent Developments & Their Impact
8.2. Strategies Adopted by Major Players during COVID-19 pandemic
8.3. Vendor Landscape
8.4. Public Companies
  8.4.1. Company Market Position Analysis
  8.4.2. Private Companies
  8.4.3. List of Key Emerging Companies/Technology Disruptors/Innovators

CHAPTER 9. COMPANY PROFILES

9.1. LemonConcentrate
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. Citrosuco S.A.
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. Louis Dreyfus Company
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. Peace River Citrus Products
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. Archer Daniels Midland Company
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. Citrus Oleo
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. Mentha & Allied Products Ltd
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. Norkem Group
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. Sucocitrico Cutrale Ltd
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives

LIST OF TABLES

1. Citrus Solvents Market - Key Market Driver Analysis
2. Citrus Solvents Market - Key Market Restraint Analysis
3. Global Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
4. Global Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
5. North America Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
6. North America Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
7. North America Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
8. U.S. Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
9. U.S. Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
10. U.S. Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
11. Europe Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
12. Europe Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
13. Europe Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
14. Germany Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
15. Germany Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
16. Germany Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
17. U.K. Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
18. U.K. Citrus Solvents Market Estimates and Forecast By Type, 2017 - 2028 (USD Million)
19. U.K. Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
20. France Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
21. France Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
22. France Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
23. Asia Pacific Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
24. Asia Pacific Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
25. Asia Pacific Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
26. China Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
27. China Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
28. China Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
29. Japan Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
30. Japan Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
31. Japan Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
32. Central & South America Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
33. Central & South America Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
34. Central & South America Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
35. Brazil Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
36. Brazil Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
37. Brazil Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
38. Middle East & Africa Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
39. Middle East & Africa Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
40. Middle East & Africa Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
41. South Africa Citrus Solvents Market Estimates and Forecast, 2017 - 2028 (USD Million)
42. South Africa Citrus Solvents Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
43. South Africa Citrus Solvents Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
44. Vendor landscape

LIST OF FIGURES

1. Citrus Solvents Market Snapshot
2. Citrus Solvents Market Segmentation & Scope
3. Citrus Solvents Market Penetration & Growth Prospect Mapping
4. Citrus Solvents Market Value Chain Analysis
5. Citrus Solvents Market Dynamics
6. Citrus Solvents Market Porter's Analysis
7. Citrus Solvents Market: Type Movement Analysis
8. Citrus Solvents Market: Application Movement Analysis
9. Citrus Solvents Market: Regional Movement Analysis


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