Grapefruit Organic Essential Oil Market Size, Share, Growth, and Industry Analysis By Type (Pharmaceutical Grade, Food Grade and Others), By Application (Medicine, Food, Cosmetics and Others) Regional Forecast By 2031

Updated On: 01 April 2024

Grapefruit Organic Essential Oil Market Report Overview

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The global grapefruit organic essential oil market size was expected to be USD 372.6 million in 2022, as per our research, the market is projected to touch USD 507.9 million by 2031, exhibiting a CAGR of 3.5% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing 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.

Grapefruit oil is a fat-burning food because it contains a range of volatile compounds. Grapefruit organic essential oil is recognised as a multifunctional oil due to its natural aroma and sharp flavour. The oil includes antioxidants as well as phytochemicals that help to reduce oxidative stress and inflammation. Grapefruit oil contains myrcene, vitamin C, pinene, terpenes, and citronellol.

It is prescribed for respiratory and throat infections, as well as muscle aches, fatigue, and arthritis. The majority of grapefruit oil's advantages are due to limonene, a crucial component that accounts for 80-90 percent of the oil's composition. Limonene helps fight cancer and tumours while also protecting DNA from damage. Grapefruit oil is a natural detoxifier that helps the liver eliminate toxins from the body. It even helps to activate the lymphatic system and manage fluid retention. It is an antibacterial agent that can help eliminate harmful food-borne pathogens. It reduces tension by increasing relaxation.

COVID-19 Impact: The Skincare and Pharmaceuticals Benefits Among Consumers to Increase Market Demand

The COVID-19 outbreak slowed expansion in a number of industries and businesses. As the number of COVID-19 cases surged drastically, many governments imposed limitations in order to contain the new virus. The epidemic also had an impact on oil demand. Consumers are becoming more aware of the negative effects of artificial additives, leading them to prefer natural products. Aromatherapy is becoming more popular. It was once considered a complementary therapy, but it is now considered a standard treatment. The growing demand for organic products is most likely driving the expansion of the grapefruit organic essential oil market.

LATEST TRENDS

"An Aid in the Weight Loss Therapies to Advance the Market Share"

Grapefruit oil is predicted to witness an increase in its application in weight reduction therapy as healthy weight management gets acceptance among worldwide consumers. While several natural essential oils have been utilised to aid in weight loss, grapefruit oil remains one of the most often used. Grapefruit oil has been demonstrated to activate enzymes in the human body that aid in fat loss. D-limonene, which is present in grapefruit, aids in the maintenance of a healthy metabolism and the cleansing of lymphatic glands, resulting in weight loss.

According to a few preliminary studies, grapefruit oil alters the function of autonomic neurons, which control critical biological activities such as digestion and heart activity, resulting in reduced hunger and weight loss. As a growing consumer base turns to a better lifestyle, the grapefruit oil market is projected to explore new opportunities in weight reduction therapy. Grapefruit oil demand is expected to rise as people's proclivity to lose weight rises.

Grapefruit Organic Essential Oil Market Segmentation

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• By Type

Based on type; the market is divided into Pharmaceutical Grade, Food Grade and others.

• By Application

Based on the application; the market is divided into medicine, food and cosmetics and others.

DRIVING FACTORS

"Wide Utilization in Pharmaceutical Therapies to Uplift the Market Demand"

The advantages of grapefruit organic essential oil are very amazing. Due to the numerous health benefits provided by grapefruit oil, the grapefruit oil market is predicted to rise at a moderate rate. Grapefruit oil possesses natural disinfectant capabilities as well as outstanding antimicrobial and antiviral activities, making it a suitable element in the production of various antibacterial and disinfection agents. Furthermore, grapefruit oil may be used to effectively cure a range of skin illnesses, which is predicted to enhance grapefruit oil demand in the dermatology industry.

"The Rising Demand for Oil in Food and Cosmetics Sector to Drive the Market Growth"

Grapefruit oil is free of alcohol and has been shown to help with inflammation, weight gain, sugar cravings, and even hangover symptoms. The oil is high in antioxidants and can be used to cure oily skin and remove toxins from the body. It also aids in the treatment of conditions such as depression, stress relief, increased appetite, blood pressure reduction, and the proper functioning of the lymphatic system. The oil has beneficial characteristics such as a diuretic, antibacterial, stimulant, and antiseptic. Because of this feature, the oil is appropriate for the production of pharmaceutical and cosmetic products. Not only that, but the product is in high demand in the Food & Beverage sector.Grapefruit oil is combined with Basil, Bergamot, Frankincense, Geranium, Lavender, Peppermint, Rosemary, and Ylang Ylang.

RESTRAINING FACTORS

"Less Consumer Knowledge and Awareness to Restrain the Market Growth"

Though the piled up benefits and  numerous advantages offered by the grapefruit organic essential oils a huge mass of population are still unaware of its existence and therefore are far away from its utilization. However less consumer knowledge of the benefits of the oil to refrain the grapefruit organic essential oil market share.

Grapefruit Organic Essential Oil Market Regional Insights

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"North American Region to Lead the Market with Volume Production"

The largest portion of the global grapefruit organic essential oil market is currently concentrated in North America, which is also where the industry is expected to grow to its full potential. The largest amount of the oil was consumed in this way. A key factor influencing the market is the use of pine oil in herbal remedies. Because so many domestic companies compete on the worldwide market at different points throughout the value chain, the market is highly fragmented. In the post-pandemic period, it is also seeing consistent shifts in consumer spending behaviour. The research covers the condition of the North America Grapefruit Organic Essential Oil Industry as well as 10-year category tracking and forecasts across market segments in order to acquire improved market share and profit growth. Furthermore, market growth predictions for the United States, Canada, and Mexico are provided, as well as Grapefruit Organic Essential Oil market size and estimates to the projected period. Some of the most notable businesses in the production and distribution industries are emphasising segment expansion of the essential oil are contributing in the grapefruit organic essential oil market growth.

KEY INDUSTRY PLAYERS

"Key Industry Players to Promote the Market Expansion"

The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market.

List of Market Players Profiled

• Organic Infusions (U.S.A)
• Baseformula (U.K)
• Young Living Essential Oils (U.S.A)
• Solyvia (France)
• Kobashi Essentia (U.K)
• Symrise AG (Germany)
• Hermitage Essential Oils (Italy)
• Aura Cacia (U.S.A).

REPORT COVERAGE

This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching  of recent industry developments,  deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.