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Citrus Solvents Market Share

Report ID: GMI8571
Published Date: Mar 2024
Report Format: PDF

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Citrus Solvents Market Share

Citrus Solvents Market Company Share, (2023)

The citrus solvent market is largely dominated by several key players, with Lemon Concentrate S.L., Citrosuco S.A., Louis Dreyfus Company B.V., Peace River Citrus Products, Archer Daniels Midland Company, and Citrus Oleo emerging as the top market share holders. Lemon Concentrate S.L., based in Spain, is renowned for its high-quality citrus-based products and extensive global reach. With a focus on innovation and sustainability, Lemon Concentrate S.L. has established itself as a leader in the citrus solvent market, catering to diverse industrial and consumer needs.

Similarly, Citrosuco S.A., a Brazilian company, commands a significant market share with its wide range of citrus-based solutions. Leveraging its strong presence in the citrus industry and strategic partnerships, Citrosuco S.A. has secured its position as a key player in the global citrus solvent market. Additionally, Louis Dreyfus Company B.V., Peace River Citrus Products, Archer Daniels Midland Company, and Citrus Oleo contribute to the market's competitive landscape with their expertise, extensive product portfolios, and commitment to quality and sustainability. As top market shareholders, these companies play pivotal roles in driving innovation, meeting evolving consumer demands, and shaping the future of the citrus solvent industry.

Citrus Solvents Market Companies

Major players operating in the market include:

Archer Daniels Midland Company
Burdock & Associates, Ltd.
Citrosuco S.A.
Citrus Oleo
D-Limonene Company
EcoLogic Solutions
Esters and Solvents LLP
Florachem
Industrial Solvents & Chemicals Private Limited
Lemon Concentrate S.L.
Louis Dreyfus Company B.V.
Mentha & Allied Products Ltd.
Norkem Group
Peace River Citrus Products
Sucocitrico Cutrale Ltd.
Zep Inc.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for citrus solvents was USD 1 billion in 2023 and is expected to register over 5.5% CAGR from 2024-2032 owing to the increasing awareness and concerns about environmental sustainability and health hazards associated with synthetic chemicals worldwide.

Citrus solvents industry from the organic segment recorded USD 0.9 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to the increasing consumer demand for natural and eco-friendly products.

North America industry reached USD 540 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of a robust industrial and manufacturing sector, where citrus solvents find extensive use in the region.

Florachem, Industrial Solvents & Chemicals Private Limited, Lemon Concentrate S.L., Louis Dreyfus Company B.V., Mentha & Allied Products Ltd., Norkem Group, Peace River Citrus Products, and Sucocitrico Cutrale Ltd., Zep Inc.are some of the major citrus solvents companies worldwide.