The grapefruit oil market is projected to grow from USD 4.3 billion in 2023 to USD 7.3 billion by 2033, with an anticipated CAGR of 5.4% over the forecast period. Key drivers include rising demand for clean-label products, natural ingredients in cosmetics, and healthier consumer lifestyles. The increased use of grapefruit oil in the food and beverage industry, aromatherapy, and personal care products is expected to support market expansion. North America is expected to lead the market due to high awareness of grapefruit oil’s health benefits and its popularity in aromatherapy, cosmetics, and homecare. Additionally, the oil’s applications in cooking, baking, and home cleaning products are contributing to demand growth.
Demand for Grapefruit Oil
Grapefruit peel contains limonene, which is valued for its potential benefits in reducing obesity and cancer risk. Limonene serves as a popular flavoring in foods, beverages, and chewing gums, and is used in pharmaceutical creams and ointments for skincare. Like aromatherapy, grapefruit oil supports well-being by positively influencing the body, mind, and spirit.
When applied to the skin, grapefruit oil’s scent can trigger the brain to send signals that regulate emotions, often aiding in relief from stress, depression, and intense feelings. Rich in antioxidants, vitamins C and A, and lycopene, grapefruit oil protects cells from oxidative damage, supports immunity, and promotes weight loss through its fat-dissolving properties.
Taken before meals, grapefruit oil can help control sugar cravings and reduce food intake, making it a sought-after choice for health-conscious consumers. These factors are driving demand for grapefruit oil from 2021 to 2031.
Key Takeaways:
- Market Growth: Estimated to grow from USD 4.3 billion in 2023 to USD 7.3 billion by 2033, at a CAGR of 5.4%.
- Key Drivers: Clean-label demand, natural cosmetics, and a shift towards healthier lifestyles are fueling growth.
- Health Benefits: Increased awareness of grapefruit oil’s health benefits boosts its use in aromatherapy, healthcare, and personal care.
- Regional Insights: North America is expected to dominate the market due to high consumer awareness and adoption.
- Diverse Applications: Grapefruit oil’s use in food flavoring, natural fragrances, and homecare products supports broad market appeal.
Grapefruit Oil Market: Key Players
Some key manufacturers functioning in business in the grapefruit oil market include
- Now Foods
- Young Living
- Camenae
- ANU
- PBA
- Vivi’s Secret
- Old Land
- Pretty Valley
- AFU
- Oshadhi
- Good Herbor
- Jcare, and many others.
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Grape Fruit Oil Market: Market Segmentation
Based on Type:
- White Grapefruit
- Red Grapefruit
- Pink Grapefruit
- Yellow Grapefruit
Based on Applications:
- Aromatherapy
- Cosmetics
- Personal Care
- Health Care
Based on Distribution Channel:
- Supermarkets
- Convenience Stores
- Pharmaceuticals
- Online Retail
- Specialty Stores
Based on the Region:
- North America
- USA and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, the United Kingdom, France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
Report Preview: https://www.futuremarketinsights.com/reports/grape-fruit-oil-market
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