May 21, 2024

Citronella Oil Market Size to Reach USD 222.69 Million by 2033

The global citronella oil market size was estimated at USD 130.12 million in 2023 and is projected to reach around USD 222.69 million by 2033, growing at a CAGR of 5.52% from 2024 to 2033.

Key Points

  • Asia Pacific dominated the global market with the major market share of 35% in 2023.
  • North America is observed to witness a significant rate of growth in the upcoming period.
  • By product type, the java citronella oil segment has held the largest market share of 57% in 2023.
  • By product type, the Ceylon citronella oil segment is the fastest growing during the forecast period.
  • By grade type, the food grade segment dominated the market with the biggest market share of 49% in 2023.
  • By grade type, the aromatherapy segment is observed to be the fastest-growing during the forecast period.
  • By application type, the perfume segment is expected to grow at the fastest rate during the forecast period.

Citronella Oil Market Size 2024 to 2033

The citronella oil market is a dynamic segment within the global essential oils industry. Citronella oil is derived from certain varieties of lemongrass plants and is known for its distinct lemon-like aroma and insect-repellent properties. It is widely used in various applications including personal care products, aromatherapy, and as an ingredient in insect repellents and household cleaners. The market for citronella oil is influenced by factors such as increasing consumer preference for natural products, rising demand for insect repellents, and growing awareness about aromatherapy benefits.

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Growth Factors:

The citronella oil market is expected to witness steady growth due to several factors. One key growth factor is the rising demand for natural and eco-friendly insect repellents. Citronella oil’s effectiveness against mosquitoes and other insects without the use of harmful chemicals has contributed to its popularity. Additionally, the growing popularity of aromatherapy and the use of essential oils in personal care products are driving the demand for citronella oil. The expanding applications of citronella oil beyond traditional insect repellents also contribute to market growth.

Regional Insights:

The market for citronella oil is globally distributed, with key regions including Asia-Pacific, North America, Europe, and Latin America. Asia-Pacific, particularly countries like India, China, and Indonesia, is a major producer of citronella oil due to the abundance of lemongrass cultivation. North America and Europe are significant consumers of citronella oil, driven by the demand for natural insect repellents and aromatherapy products. Latin America also plays a role in citronella oil production and consumption.

Citronella Oil Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 5.52%
Citronella Oil Market Size in 2023 USD 130.12 Million
Citronella Oil Market Size in 2024 USD 137.30 Million
Citronella Oil Market Size by 2033 USD 222.69 Million
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product Type, By Grade Type, and By Application Type
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Citronella Oil Market Dynamics

Drivers:

Several drivers propel the growth of the citronella oil market. These include increasing consumer awareness about the harmful effects of chemical insect repellents, which has led to a shift towards natural alternatives like citronella oil. The growth of the wellness industry and the trend towards natural and organic personal care products also drive demand for citronella oil. Moreover, the expanding use of citronella oil in industrial applications such as household cleaners further boosts market growth.

Opportunities:

The citronella oil market presents various opportunities for manufacturers and suppliers. There is an opportunity to innovate and develop new formulations and applications for citronella oil, expanding its reach beyond traditional uses. Market players can also explore new geographic markets and tap into the growing demand for natural products in emerging economies. Additionally, partnerships with retailers and online platforms can enhance market visibility and accessibility.

Challenges:

Despite its growth potential, the citronella oil market faces certain challenges. One challenge is the variability in citronella oil quality due to factors like climate and cultivation practices, which can affect product consistency. Another challenge is competition from synthetic alternatives and other natural insect-repellent ingredients. Regulatory considerations related to product labeling and safety also pose challenges for market players, requiring compliance with stringent standards and certifications.

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Citronella Oil Market Recent Developments

  • In April 2022, the first outdoor candle collection was launched by Yankee Candle. Citronella oil and essential oils are used in these candles due to their environmental-relaxing properties.
  • In July 2023, the non-alcoholic hand sanitizer gel from citronella essential oil was developed by the PKM D3 pharmacy.
  • In February 2024, an initiative to protect lives from diseases that are due to mosquitoes, Bior Guard Mos Block Lotion, ran on sale in Singapore and expanded by Kao. This lotion is made from citronella oil and can be used anytime, anywhere. It protects from mosquitoes that have mosquito-repellent properties.

Citronella Oil Market Companies

  • Agro Products and Agencies
  • Allied Oil LLC
  • Aromatic and Allied Chemicals
  • Augustus Oils Ltd
  • Bhagat Aromatics Limited
  • Bhoomi Natural Products and Exports Pvt Ltd.
  • Bontoux S.A.S
  • Citrus and Allied Essences Ltd
  • Greenf Fields Africa
  • India Essential Oils
  • Lamberti Spa
  • Lakshmi Life Sciences
  • Merk KGaA
  • Mountain Rose Inc.
  • Mokh Lifestyle Products
  • Reho Natural Ingredients
  • Sydney Essential Oil CO.
  • Symrise AG
  • Van Aroma
  • Vigon International

Segments Covered in the Report

By Product Type

  • JAVA Citronella Oil
  • Ceylon Citronella Oil

By Grade Type

  • Food Grade
  • Aromatherapy
  • Others

By Application Type

  • Perfume
  • Food
  • Pharmaceutical
  • Detergent
  • Cosmetic
  • Others

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

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