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Lemongrass Oil Market Share

Report ID: GMI11627
Published Date: Sep 2024
Report Format: PDF

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Lemongrass Oil Market Share

Companies in the lemongrass oil industry use several strategies to improve their market position. They invest in sustainable farming to produce high-quality, organic oil, which appeals to health-conscious buyers. Many companies offer lemongrass oil in different forms, such as essential oils, blends, and personal care products. They work with wellness brands and attend trade fairs to increase brand awareness and connect with customers. Companies also sell their products on online platforms to reach more customers directly. Their marketing focuses on the health benefits and many uses of lemongrass oil to attract different types of customers.

Lemongrass Oil Market Companies

Top companies operating in the lemongrass oil industry include:

Aura Cacia
doTERRA
Edens Garden
Mountain Rose Herbs
NOW Foods
Phoenix Aromas & Essential Oils, LLC
Plant Therapy Essential Oils
The Lebermuth Company
Young Living Essential Oils

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of lemongrass oil reached USD 51.3 million in 2023 and is set to grow at a CAGR of over 9.9% from 2024 to 2032, reaching USD 120.2 million by 2032.

What is the expected growth of the lemongrass oil industry in supermarkets and hypermarkets?

The food and beverages sector is expected to observe a CAGR of around 9.4% through 2032, with a market size of USD 33.7 million. Its distinct citrusy flavor and aromatic properties make it a popular natural flavoring agent in various products.

Asia Pacific market is set to reach approximately USD 40.9 million, growing at a CAGR of 9.7% from 2024 to 2032. Dominated by countries such as India, Thailand, and Indonesia, the region stands out as a pivotal hub for both production and consumption.

The leading players in the market include Aura Cacia, doTERRA, Edens Garden, Mountain Rose Herbs, NOW Foods, Phoenix Aromas & Essential Oils, LLC, Plant Therapy Essential Oils, The Lebermuth Company, and Young Living Essential Oils.