Report : Middle East & Africa Lemon Oil and Lemon Extracts Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Lemon Oil and Lemon Extracts), Category (Organic and Conventional), and Application (Food and Beverages, Cosmetics and Personal Care, Household Cleaning Products, Aromatherapy, and Others)
At 2.6% CAGR, the Middle East & Africa Lemon Oil and Lemon Extracts Market is speculated to be worth US$ 66.96 million by 2028, says The Business Market Insights
According to the Business Market Insights’ research, the Middle East & Africa lemon oil and lemon extracts market was valued at US$ 57.42 million in 2022 and is expected to reach US$ 66.96 million by 2028, registering a CAGR of 2.6% from 2022 to 2028 Increasing adoption of aromatherapy and surging demand for organic products are the critical factors attributed to the Middle East & Africa lemon oil and lemon extracts market expansion.
The wellness industry strongly encourages individuals to exercise self-care since it encompasses all four areas of health: mental, physical, spiritual, and emotional well-being. People, particularly teenagers and young working professionals, are finding it difficult to handle stress, which is severely influencing their overall health. Therefore, there has been an increasing emphasis on mental and emotional health in recent years. Aromatherapy is an excellent way of practicing self-care. These therapies involve using essential oils that trigger profound emotional responses in the brain. Lemon oil can improve mood, reduce stress, improve sleep, boost self-confidence, and improve physical and cognitive performance, as it is considered an adaptogen. In Ayurveda, an ancient medical tradition that originated in India, lemons are known for their immunity-boosting benefits. Thus, the increasing importance of aromatherapy in self-care routines, coupled with a wide range of benefits of lemon oils for aromatherapy, is expected to have a positive impact on the growth of the Middle East & Africa lemon oil and lemon extracts market over the forecast period.
On the contrary, fluctuating raw material prices hurdles the growth of Middle East & Africa lemon oil and lemon extracts market.
Based on type, the Middle East & Africa lemon oil and lemon extracts market is segmented into lemon oil and lemon extracts. The lemon oil segment held 57.3% market share in 2022, amassing US$ 32.89 million. It is projected to garner US$ 37.72 million by 2028 to expand at 2.3% CAGR during 2022–2028.
Based on category, the Middle East & Africa lemon oil and lemon extracts market is segmented into organic and conventional. The conventional segment held 87.9% market share in 2022, amassing US$ 50.48 million. It is projected to garner US$ 58.19 million by 2028 to expand at 2.4% CAGR during 2022–2028.
Based on application, the Middle East & Africa lemon oil and lemon extracts market is segmented into food and beverages, cosmetics and personal care, household cleaning products, aromatherapy, and others. The food and beverages segment held 55.5%market share in 2022, amassing US$ 31.84 million. It is projected to garner US$ 36.51 million by 2028 to expand at 2.3% CAGR during 2022–2028.
Based on country, the Middle East & Africa lemon oil and lemon extracts market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 37.8% market share in 2022. It was assessed at US$ 21.73 million in 2022 and is likely to hit US$ 24.77 million by 2028, exhibiting a CAGR of 2.2% during the forecast period.
Key players dominating the Middle East & Africa lemon oil and lemon extracts market are Citromax Group Inc, Dohler GmbH, Jedwards International Inc, Kerry Group Plc, Lemonconcentrate SLU, and Royal Aroma Fragrances Inc among others.
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