The Citronella Oil Market Size was estimated at 59.13 (USD Billion) in 2022. The Citronella Oil Industry is expected to grow from 60.66(USD Billion) in 2023 to 76.28 (USD Billion) by 2032. The Citronella Oil Market CAGR (growth rate) is expected to be around 2.58% during the forecast period (2024 - 2032).
Key Citronella Oil Market Trends Highlighted
Due to the awareness regarding the harmful effects of synthetic insecticides, there has been increasing use of natural insect repellents which is a key driver to the citronella oil market growth. The COVID-19 pandemic has also exacerbated this tendency as people look for natural and safe alternatives against insects that carry diseases.
Further, the increasing popularity of aromatherapy and other essential oil-based products has brought new expansion spears in the citronella oil market. Normal usage of the oil brings about a sensation of peace and comfort and is thus used in many spa therapies, candles, and diffusers. Besides, it is expected that significant growth could come from increased adoption of the citronella oil offered in natural cleaning agents and air fresheners.
Some other latest developments in this particular citronella oil market include ization and the beneficial use of the oil. There has been a rising caramel candle market, which, in turn, stimulated people’s Cahiers des charges, which includes Citronella oil sourced from organic plants cultivated without the use of any chemical fertilizer or pesticides. The market is also up bringing the market shifts toward innovative platforms, such as the use of which works vitamins in citronella in MU and animal treatment products.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Citronella Oil Market Drivers
Rising Demand for Natural Insect Repellents
Citronella oil has been nothing more than the essence of mosquito repelling for centuries. Looking out for these factors, people have been more inclined towards natural repellents like citronella oil. This factor is a major driver of the growth of the citronella oil market. Another reason that has helped fuel the demand for citronella oil is the increased market for outdoor activities like camping and hiking, which require more effective insect repellents.
These factors will certainly contribute to the further expansion of the Citronella Oil Market Industry over the next several years.
Growing Use in Aromatherapy and Personal Care Products
Citronella oil is also becoming increasingly popular in aromatherapy and personal care products. It is believed to have a number of therapeutic benefits, including reducing stress, anxiety, and pain. Citronella oil is also a natural deodorant and can be used in a variety of personal care products, such as soaps, shampoos, and lotions. The Citronella Oil Market Industry is expected to benefit from the growing demand for natural and organic personal care products.
Increasing Demand from the Food and Beverage Industry
Citronella oil is also used as a flavoring agent in the food and beverage industry. It is commonly used in soft drinks, candy, and baked goods. The demand for citronella oil from the food and beverage industry is expected to continue to grow in the coming years.
Citronella Oil Market Segment Insights
Citronella Oil Market Extraction Method Insights
The extraction method segment plays a crucial role in determining the quality and yield of citronella oil. Among the various extraction techniques, steam distillation and hydro distillation stand out as the most widely adopted methods in the citronella oil market. Steam distillation involves passing steam through plant material to extract volatile compounds, including citronella oil. This method is commonly used for large-scale production and offers high efficiency and cost-effectiveness. In 2023, the steam distillation segment held a significant share of the citronella oil market, valued at approximately USD 38.46 billion.It is projected to maintain its dominance throughout the forecast period, reaching an estimated valuation of USD 49.68 billion by 2032, exhibiting a CAGR of 2.78%. Hydro distillation, on the other hand, employs water and heat to extract essential oils from plant material. This method is often preferred for smaller-scale production and is known to yield higher-quality oil with a more intense aroma. In 2023, the hydro distillation segment accounted for a market share of around USD 22.2 billion. It is anticipated to grow steadily, reaching a projected value of USD 26.6 billion by 2032, with a CAGR of 2.34%.The choice of extraction method depends on various factors, including the desired quality of oil, production scale, and cost considerations. Steam distillation remains the preferred choice for large-scale commercial production due to its efficiency and cost-effectiveness, while hydro distillation often opts for smaller-scale production when higher oil quality is prioritized.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Citronella Oil Market Application Insights
The Citronella Oil Market segmentation by Application includes Pharmaceuticals, Cosmetics, Household Products, and Industrial Uses. The Pharmaceuticals segment accounts for the largest share of the market, owing to its use in treating a variety of ailments such as cough, cold, and fever. The Cosmetics segment is also expected to witness significant growth due to the increasing demand for natural and organic skincare products. The Household Products segment is driven by the use of citronella oil in insect repellents and air fresheners. The Industrial Uses segment is expected to grow steadily due to the increasing demand for citronella oil in the food and beverage industry.The Citronella Oil Market growth is attributed to the rising awareness of the benefits of citronella oil, increasing demand for natural and organic products, and growing applications in the pharmaceutical and cosmetic industries.
Citronella Oil Market Purity Insights
The purity segment of the Citronella Oil Market is classified into 95%, 98%, and 99% purity. Among these, the 95% purity segment held the largest market share in 2023, accounting for approximately 45% of the market. The 98% purity segment is expected to witness the highest CAGR of 3.2% during the forecast period, owing to its increasing demand from the pharmaceutical and cosmetic industries. The 99% purity segment is expected to hold a significant market share by 2032, driven by its use in high-end fragrances and flavors. The Citronella Oil Market revenue for the purity segment is projected to reach USD 32.45 billion by 2032, exhibiting a CAGR of 2.8% during the forecast period.The market growth is attributed to the increasing demand for citronella oil in various industries, including pharmaceuticals, cosmetics, and household products.
Citronella Oil Market Form Insights
The Citronella Oil Market segmentation based on the form includes Liquid and Powder. In 2024, the Liquid segment accounted for the majority of the market share, valued at USD 703.1 million. The dominance of the Liquid segment is attributed to its ease of application and handling, making it a preferred choice for various applications. However, the Powder segment is projected to grow at a faster CAGR of 4.2% during the forecast period, owing to increasing demand for natural and organic personal care products and their convenience in packaging and transportation.
Citronella Oil Market Organic/Conventional Insights
The organic segment of the Citronella Oil Market is projected to experience significant growth over the forecast period, owing to the increasing consumer demand for natural and organic products. Consumers are becoming more aware of the potential health benefits of organic citronella oil, which is free from synthetic pesticides and chemicals. As a result, the demand for organic citronella oil is expected to rise in the coming years. In contrast, the conventional segment of the market is expected to witness a steady growth rate during the forecast period.Conventional citronella oil is produced using conventional farming practices, which involve the use of synthetic pesticides and chemicals. While conventional citronella oil is generally less expensive than organic citronella oil, it may contain traces of harmful chemicals. As a result, the demand for conventional citronella oil is expected to remain relatively stable in the coming years.
Citronella Oil Market Regional Insights
The Citronella Oil Market is segmented into North America, Europe, APAC, South America, and MEA. In 2023, APAC held the largest market share of 35% and is expected to continue dominating the market throughout the forecast period. The growth in this region is attributed to the increasing demand for citronella oil in countries such as China, India, and Indonesia. North America and Europe are also significant markets for citronella oil, with a combined market share of over 40%. The demand in these regions is driven by the growing popularity of aromatherapy and the use of citronella oil as a natural insect repellent.South America and MEA are expected to witness steady growth in the citronella oil market due to the rising awareness about the benefits of citronella oil and the increasing use of natural products.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Citronella Oil Market Key Players And Competitive Insights
Major players in the Citronella Oil Market are adopting various strategies to strengthen their market presence and increase their market share. These strategies include expanding their product portfolios, entering into strategic partnerships and acquisitions, and investing in research and development. Leading Citronella Oil Market players are also focusing on developing innovative products and technologies to meet the evolving needs of customers. The Citronella Oil Market industry is also witnessing a trend towards consolidation, with larger players acquiring smaller players to gain market share. The Citronella Oil Market Competitive Landscape is expected to remain highly competitive in the coming years, with new players entering the market and existing players expanding their operations.A leading player in the Citronella Oil Market is FMC Corporation. FMC Corporation is a agricultural sciences company that offers a wide range of products and services to the food, agricultural, and pharmaceutical industries. The company's Citronella Oil business is a major contributor to its overall revenue and profitability. FMC Corporation has a strong market presence in both developed and developing countries. The company's success in the Citronella Oil Market can be attributed to its commitment to quality, innovation, and customer service. FMC Corporation is also a major investor in research and development, which has enabled it to develop new and innovative Citronella Oil products and technologies.A competitor to FMC Corporation in the Citronella Oil Market is Symrise AG. Symrise AG is a supplier of flavors, fragrances, and active ingredients to the food, beverage, and cosmetics industries. The company's Citronella Oil business is a key part of its overall portfolio. Symrise AG has a strong market presence in Europe and Asia. The company's success in the Citronella Oil Market can be attributed to its focus on quality, customer service, and innovation. Symrise AG is also a major investor in research and development, which has enabled it to develop new and innovative Citronella Oil products and technologies.
Key Companies in the Citronella Oil Market Include
Citronella Oil Market Industry Developments
The citronella oil market is projected to grow from USD 56.06 billion in 2023 to USD 76.28 billion by 2032, exhibiting a CAGR of 2.58% during the forecast period. The increasing demand for natural insect repellents, coupled with the growing awareness about the benefits of citronella oil in aromatherapy, is driving the market growth. Additionally, the rising prevalence of vector-borne diseases, such as malaria and dengue, is further fueling the demand for citronella oil. Furthermore, the increasing adoption of citronella oil in household cleaning products and personal care items is contributing to the market growth. The key players in the market are PT. Caprina Indonesia, Greenyard, Symrise AG, D.R. Harris & Company Ltd, and Moksha Lifestyle Products Pvt. Ltd. Recent developments include the launch of new citronella-based insect repellents by various companies and the growing popularity of citronella oil as a natural cleaning agent.
Citronella Oil Market Segmentation Insights
Citronella Oil Market Extraction Method Outlook
Citronella Oil Market Application Outlook
Citronella Oil Market Purity Outlook
Citronella Oil Market Form Outlook
Citronella Oil Market Organic/Conventional Outlook
Citronella Oil Market Regional Outlook
| Report Attribute/Metric | Details |
| Market Size 2022 | 59.13(USD Billion) |
| Market Size 2023 | 60.66(USD Billion) |
| Market Size 2032 | 76.28(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 2.58% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | PT Mentari Mas, PT Intan Madu Mas, PT Alam Lestari Indonesia, PT Capung Mas, PT Karya Aromata Alam, PT Natural Nusantara, PT Tunas Baru Lampung, PT Rimba Makmur Utama, PT Sumber Rejeki Agro Lestari, PT Bina Karya Prima, PT Rapi Utama Citra Kimia, PT Indo Multi Niaga, PT Sawit Mas Sejahtera, PT Sari Wangi Indonesia |
| Segments Covered | Extraction Method, Application, Purity, Form, Organic/Conventional, Regional |
| Key Market Opportunities | Insect repellent demand Cosmetic applications Rising aromatherapy sector Growing green cleaning industry Air freshener applications |
| Key Market Dynamics | Rising demand from insect repellent industry Increasing preference for natural and organic products Growing awareness of aromatherapy benefits Expanding application in personal care and cosmetics Fluctuating raw material prices. |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Citronella Oil Market is expected to have an overall valuation of 60.66 Billion USD in 2023.
The Citronella Oil Market is expected to have an overall valuation of 76.28 Billion USD in 2032.
The Citronella Oil Market is expected to grow at a CAGR of 2.58% from 2024 to 2032.
Citronella Oil is primarily used in insect repellents, soaps, detergents, and perfumes.
Some of the key competitors in the Citronella Oil Market include Firmenich, Symrise, Givaudan, and IFF.
The Asia-Pacific region is expected to hold the largest market share in the Citronella Oil Market, followed by North America and Europe.
The growing demand for natural insect repellents and the increasing use of Citronella Oil in personal care products are expected to drive the growth of the Citronella Oil Market.
The volatility in the prices of raw materials and the competition from synthetic insect repellents are some of the challenges faced by the Citronella Oil Market.
The growing awareness of the benefits of Citronella Oil and the increasing demand for natural products are expected to provide opportunities for the Citronella Oil Market.
The increasing use of Citronella Oil in organic and natural products and the development of new applications for Citronella Oil are some of the key trends in the Citronella Oil Market.
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