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Lemon Compound Market Analysis

  • Report ID: GMI6900
  • Published Date: Oct 2023
  • Report Format: PDF

Lemon Compound Market Analysis

Lemon Compound Market Size, By Compound , 2021 - 2032 (USD Billion)

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Based on compound, D-Limonene dominates the market value of USD 44.9 billion in 2022., as it is one of the most abundant and characteristic compounds in lemon essential oil, known for its strong citrus scent and versatile applications in cleaning products, fragrances, and flavourings, α-Pinene and β-Pinene, with their piney and woody notes, also hold significant market share and find use in perfumes and household cleaners. Linalool, a floral-scented compound, is essential for fragrance products, while Decanal, Myrcene, and Nootkatone contribute to the characteristic lemon aroma and are utilized in perfumery and flavourings. Octanal, Nonanal, and Valencene provide citrusy, fruity notes, enriching food and beverage products, while Perillaldehyde and Sabinene offer unique herbal and spicy accents. The market share distribution among these compounds reflects their diverse applications across various industries and consumer preferences for different lemon scents and flavours.
 

 Lemon Compound Market Revenue Share (%), By Application, (2022)

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Based on application, The lemon compound market is segmented into two primary applications: Food & Beverage and Personal Care & Cosmetics. In terms of market share, the Food & Beverage sector holds a substantial portion of around 54% in 2022 and is expected to grow at a lucrative pace by 2032, driven by the increasing consumer preference for natural and authentic flavours in food products and beverages. Lemon compounds are extensively used to impart citrusy and refreshing notes to a wide range of items, including juices, confectionery, baked goods, and sauces.
 

Meanwhile, the Personal Care & Cosmetics industry also commands a significant market share as lemon compounds are valued for their pleasant and invigorating scent, making them a popular choice in perfumes, skincare products, shampoos, and soaps. The market share distribution between these applications underscores the versatility of lemon compounds in meeting the demand for sensory enhancements in both edible and non-edible products.
 

U.S. Global Lemon Compound Market, 2020- 2032 (USD Billion)

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U.S. lemon compound market exceeded USD 0.26 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. United States, as a major consumer and producer of food and beverages, contributes significantly to the demand for lemon compounds, which are widely used in the country's culinary industry for flavouring various products like beverages, desserts, and snacks. The preference for natural and clean-label ingredients in North America has further bolstered the market share, as lemon compounds align with these consumer trends.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Lemon Compound industry value was USD 1.2 billion in 2022 and is estimated to reach USD 1.9 billion by the end of 2032.

Food & Beverage sector held around 54% market share in 2022 and is expected to grow at a lucrative pace through 2032, driven by the increasing consumer preference for natural and authentic flavors in food products and beverages.

U.S. lemon compound industry was worth USD 0.26 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 as the country is a major consumer and producer of food & beverages, where lemon compound is widely used for fflavoring various beverages, desserts, and snacks.

Florida Chemical Company, Citromax, Ernesto Ventós, Univar Solutions Inc., Citrus Oleo, FBC Chemical, Shree Bankey Behari Lal Group, Interstate Commodities Corp, among others.

Lemon Compound Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 135
  • Countries covered: 20
  • Pages: 120
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