Orange Compound Market Analysis

Orange Compound Market Analysis

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Based on product, the Nootkatone segment dominated around USD 380.8 million revenue in 2022. On the other hand, chemical compounds, including D-Limonene, α-Pinene, β-Pinene, Linalool, Decanal, Myrcene, Octanal, Nonanal, Valencene, Perillaldehyde, and Sabinene, play a crucial role in the market. They are key components responsible for the characteristic aroma and flavour of oranges. These compounds are not only essential for enhancing the natural taste and fragrance of orange-based products but also have applications in various industries, including food and beverages, cosmetics, and fragrances.
 

Their presence in orange compounds contributes to the overall quality and appeal of orange-flavoured and scented products, aligning with the growing consumer preference for natural and authentic orange experiences in the market. Moreover, an increasing usage will further accelerate the segmental growth.
 

Based on application, the personal care & cosmetics segment accounted for 44% of the orange compound market share in 2022. The applications for the market are diverse, with a primary focus on the food & beverage industry. Within this sector, orange compounds are extensively utilized to enhance the flavour and aroma of various products, including juices, sodas, baked goods, confectionery, and sauces. Their ability to impart the natural essence of oranges makes them indispensable ingredients.
 

Beyond the food & beverage sector, orange compounds find applications in the "Others" category, which includes cosmetics, fragrances, and cleaning products. These compounds are sought after for their aromatic properties, making them valuable in perfumes, air fresheners, and skincare products.
 

U.S. orange compound market size held over USD 454.3 million in 2022. In the United States, one of the significant trends is the increasing emphasis on natural and clean label products. Consumers are increasingly seeking orange compounds derived from real oranges and free from artificial additives. This trend is driven by health-consciousness and a desire for transparent ingredient lists, reflecting a growing preference for natural and authentic, orange-based products.