Lewes, DE -- (SBWire) -- 10/09/2018 --Global Limonene Market will register a 2.5% CAGR in terms of revenue, reach US$ 340 million by 2023, from US$ 300 million in 2017.
Limonene is an oral dietary supplement containing a natural cyclic monoterpene and major component of the oil extracted from citrus peels with potential chemo preventive and antitumor activities. Limonene is widely used as a flavor and fragrance and is listed to be generally recognized as safe in food by the food and drug administration.
Limonene is extracted from citrus peels and is mainly concentrated in Brazil, USA and Europe. Currently, there are many producing companies in the world limonene industry. The main players are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo and Ernesto Ventós. The global production of limonene increases to 42944 MT in 2017 from 38371 MT in 2012 with average growth rate of 2.28%. Global limonene capacity utilization rate remained at around 80% in 2016.
In consumption market, the global consumption value of limonene increases with the 3.67% average growth rate. And USA and Brazil are the main consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 59.49% of the global consumption volume in total.
Limonene has many grades, which include pharmaceutical grade, food grade and industrial grade. And each type has application industries relatively. With pharmaceutical value and flavor effect of limonene, the downs downstream application industries will need more limonene products. So, limonene has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance limonene through improving technology.
Over the next five years, Study projects that Limonene will register a 2.5% CAGR in terms of revenue, reach US$ 340 million by 2023, from US$ 300 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Florida Chemical Company
Firmenich
Tropfruit
Citrosuco
Citrus Oleo
Ernesto Ventós
Sucorrico
Agroterenas Citrus
Florachem
Lemon Concentrate
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Pharmaceutical Grade
Food Grade
Industrial Grade
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Pharmaceuticals Industry
Food Additives
Daily Chemicals Products
Chemical Industry
Others
Spanning over 125 pages "Forecast of Global Limonene Players Market 2023" report covers Limonene Market Overview, Global Limonene Sales, Revenue (Value) and Market Share by Players, Global Limonene Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Limonene Sales, Revenue and Price, Europe Top 5 Players Limonene Sales, Revenue and Price, Asia-Pacific Top 5 Players Limonene Sales, Revenue and Price, South America Top 5 Players Limonene Sales, Revenue and Price, Middle East & Africa Top 5 Players Limonene Sales, Revenue and Price, Global Limonene Players Profiles/Analysis, Global Limonene Market Forecast (2018-2023), Limonene Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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