Eucalyptus Citriodora Oil Market Size, Share, Growth, and Industry Analysis by Type (Common Oil and Organic Oil) By Application (Skin Care Products, Hair Care Products, Cosmetics, and Others), Regional Forecast To 2031

Updated On: 01 April 2024

Eucalyptus Citriodora Oil Market REPORT OVERVIEW

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The global eucalyptus citriodora oil market size was USD 382.4 million in 2022 and market is projected to touch USD 558.92 million by 2031, at a CAGR of 4.3% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with eucalyptus citriodora oil experiencing lower-than-anticipated/higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Eucalyptus citriodora oil is devised from the eucalyptus leaves. Eucalyptus trees initially originated from Australia. Citronella aldehyde (up to 65-95 percent), citronella alcohol, geraniol, and its esters, pinene, eucalyptus, iso-menthol, sesquiterpene alcohol, guacanol, and other compounds make up the majority of Eucalyptus Citriodora oil, which is colorless, light yellow or greenish-yellow liquid. Though, they are being refined across the globe to provide increasing demand from numerous companies. It is made by steam distilling the leaves and upper branches of the lemon eucalyptus myrtle shrub.

The eucalyptus citriodora oil functions as a stimulant for cerebral activity controls blood flow to the brain, provides pain relief, and promotes dental health. The white liquid oil, which is well renowned for its therapeutic effects, is produced by steam/hydro distillation using the dried leaves of the eucalyptus plant. The Eucalyptus essential oil emits a crisp, potent camphoraceous aroma that is highly recommended for its antibacterial characteristics and is most frequently employed in traditional medicine. Australia, India, Europe, and South Africa are the main regions where eucalyptus trees are grown.

COVID-19 Impact: Increasing Demand for Essential Oils to Foster Market Progress

Even though the COVID-19 epidemic had a negative influence on a number of industries, the market for essential oils grew favorably during this time. Therefore, the market for essential oils has grown significantly throughout the pandemic as a result of the rise in the number of people suffering from mental health issues. Due to their antibacterial, antioxidant, and anti-infective characteristics, essential oils are used to treat a wide range of health issues, including stress-related illnesses, immune system abnormalities, sleep difficulties, and depression.

LATEST TRENDS

"Increasing Adoption in Various Applications to Foster Market Growth"

This is due to the growing demand for eucalyptus citriodora oil for use in aromatherapy applications and the increasing use of eucalyptus oil as a natural additive in food products. Growing demand from cosmetics and drug manufacturers around the world, along with increasing consumer awareness of the health benefits of eucalyptus oil, which include its use in the treatment of colds, coughs, bronchitis, and the symptomatic relief of colds and upper respiratory tract congestion, will drive market growth over the coming years. The array of Eucalyptus species includes Eucalyptus Polybractea, Eucalyptus Globules, Eucalyptus Radiate, and Eucalyptus Citriodora, and the oil has a woody aroma. The oil's use in baked goods, meat, and beverages is another factor in its appeal. The oil has several applications in the pharmaceutical, antiseptic, repellant, flavoring, aroma, and industrial sectors, which contributes to its high demand in the global market.

Eucalyptus Citriodora Oil Market Segmentation

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• By Type Analysis

By type, the market is segmented into Common Oil and Organic Oil.

• By Application Analysis

Based on applications, the market is classified into Skin Care Products, Hair Care Products, Cosmetics, and Others.

DRIVING FACTORS

"Increasing Demand from Medical Sector to Foster Market Growth"

The eucalyptus citriodora oil’s ability to promote better health is what essentially drives the industry. The market for their application has seen significant growth due to the fact that they are currently employed in almost every industry, including the food and beverage industry, the pharmaceutical industry, the animal feed industry, and the manufacture of personal care goods. Due to the extra benefits they have, such as having few adverse effects, their use has expanded in the pharmaceutical and food and beverage industries. The rising demand for pure and organic essential oils from consumers who are health-conscious is another factor driving the industry's growth. Additionally, it is anticipated that rising R&D activities will support the market expansion in emerging nations, coupled with innovations in extraction methods.

"Increasing Adoption of Oil in Personal Care Products to Promote Growth"

Eucalyptus citriodora oil positions both antimicrobial and antifungal properties, skincare arrangements such as gels, creams, and ointments don't need an extra chemical additive if they comprise essential oil or a single composite as an active agent, like rosemary oil. It has a wide set of integration in perfumes, related household products, cosmetic products in link with their range of material goods but most notably owing to their pleasing scent. This has led producers to include essential oil, that uplifts the present properties of gels, creams, and ointment. These features are greatly significant in confirming that personal care goods have nontoxic combination of essential oils as the base part. Though, there is a variant in the configuration of volatile natural complex mixes and mostly differs subject on the excellence of plant material or the extraction method.

RESTRAINING FACTORS

"Side Effects to Impede Market Progress"

An excessively enormous amount of eucalyptus leaves is essential for producing a single ounce of eucalyptus citriodora oil. Furthermore, consumers and producers, are progressively worried about resource depletion. Manufacturing eucalyptus oil is a costly technique, needing a tremendous capital investment for innovative tools.

Eucalyptus Citriodora Oil Market REGIONAL INSIGHTS

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"Increasing Disposable Income of Consumers to Foster Market Growth in North America"

North America holds the largest part of the global eucalyptus citriodora oil market share. Owing to the fast-paced lifestyle, stress levels have risen in recent years in industrialized countries like the U.S., which has fueled the market for essential oils. Additionally, customers are willing to spend more on natural, healthy, and nutritional goods due to rising disposable income, particularly in emerging countries.

The Japanese eucalyptus citriodora oil market has sustained significant development in recent years, driven by the explosive rise in domestic demand. However, since the sector has begun to grow quickly, the development of different regions has been unequal. Additionally, most manufacturers have found that having an online presence helps them connect with a wider range of consumers. The eucalyptus citriodora oil market growth is also being driven by Japan's technical improvement.

KEY INDUSTRY PLAYERS

"Incorporation of Strategies for Increasing Product Adoption to Help Companies Grow"

The eucalyptus citriodora oil market is fragmented, and the key competitors have used various techniques to strengthen their positions in the market, including expansions, agreements, new product releases, joint ventures, partnerships, and acquisitions. The global sulforaphane market share due to enhanced indoor farming, US farmers have been able to harvest vegetable market provides a playing field for small and medium-sized market players to experiment with new business strategies.

List of Market Players Profiled

• SMA Collaboratives (U.S.)
• Citroleo Group (Brazil)
• Reed Pacific (U.K.)
• Citrefine International (U.K.)
• Tagra Biotechnologies (Israel)

Industry Developments

• August 2020: Young Living Aroma just introduced Rings, which are medical-grade, soft silicone rings that can be worn on the nose, ear, shirt, or jewelry and supply consistent oil for up to six hours.

REPORT COVERAGE

The research examines the most recent developments and the most profitable categories. It goes through the influence of COVID-19, the driving and restraining elements in detail. It keeps track of the important players' strategies and regional trends. It allows readers to learn about the critical methods that promote eucalyptus citriodora oil market growth.