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Lime Oil Market Share
Some of the major companies operating in the lime oil industry are:
- Firmenich
- Givaudan
- IFF
- Symrise
- DoTerra
- Young Living
- NOW Foods
- Edens Garden
These companies focus on strategic partnerships, new Source launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative sources and garner maximum revenue in the market.
Firmenich is a Swiss-based company that has been producing essential oils since 1895. It is one of the world's leading producers of lime oil. The company has a strong presence in the Americas, Europe, and Asia, and it supplies lime oil to a wide range of customers, including consumers, manufacturers, and retailers.
Why is the demand for distilled lime oil gaining traction?
Distilled lime oil segment accounted for around 68% of revenue share in 2022, due to the surging need for high-quality and concentrated solutions.
What is the size of the lime oil market?
The market size of lime oil reached USD 299.3 million in revenue in 2022 and is set to cross USD 427.2 million by 2032, owing to the rising consumer preference for natural and health-oriented products.
Who are the leading players operating in the lime oil market?
Some of the major lime oil companies are Firmenich, Givaudan, Symrise, DoTerra, Young Living, NOW Foods, and Edens Garden.
How big is the North America lime oil industry?
North America market size was valued at USD 97.6 million in 2022, driven by the increasing consumer inclination towards natural and organic products and the thriving food and beverages industry in the region.