[165+ Pages Report] According to the report published by Facts Factors, the global limonin market size was worth around USD 510 million in 2022 and is predicted to grow to around USD 763 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.92% between 2023 and 2030. The report analyzes the global limonin market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the limonin market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the limonin industry. The report analyzes and declares the historical and current trends analysis of the limonin industry and subsequently recommends the projected trends anticipated to be observed in the limonin market during the upcoming years.
The limonin market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire limonin market. The historical and past insights are provided for FY 2020 to FY 2022 whereas projected trends are delivered for FY 2023 to FY 2030. The quantitative and numerical data is represented in terms of value (USD Million) and volume (KiloTons) from FY 2020 – 2030.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the limonin industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the limonin industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the limonin market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the limonin industry. The limonin market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the limonin sector. Key strategic developments in the limonin market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the limonin market are appropriately highlighted in the report.
Limonin is a substance that is primarily found in citrus plants. Limonin is a key constituent of citrus that contributes to its bitter taste. Limonin is also referred to as limonoid. Limonin is extracted from orange peels and citrus fruits. Limonin is mainly used as an additive in foods, cleaning products, cosmetics, repellants, etc. Limonin has a strong aroma thereby can also be utilized as a botanical insecticide. Limonin has also been used for treating short-term inflammation. Moreover, Limonin is also extensively used for reducing blood sugar, triglyceride levels, increased cholesterol, etc. which can be used in preventing heart diseases.
In recent years, the demand for food additives has soared due to changing lifestyle and rapid urbanization, which has influenced consumer buying preferences. This has fueled the adoption of Limonin as a food additive, in turn, driving the global Limonin market. Further, Limonin is also used in personal care and cosmetic products due to its smell and fragrances. In recent years, the cosmetics sector has seen significant market growth due to a rising young age population. The increasing cosmetics industry is also a key factor in augmenting market growth for Limonin around the world. However, Limonin can also cause skin irritation when it is applied directly; this has hampered the adoption of Limonin for personal care products.
The limonin market research report delivers an acute valuation and taxonomy of the limonin industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2023 to FY 2030.
Report Attribute |
Details |
Market Size in 2022 |
USD 510 Million |
Projected Market Size in 2030 |
USD 763 Million |
CAGR Growth Rate |
5.92% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
Carbosynth, Changsha Natural-ex Inc., Aktin Chemicals, Cayman Chemical, TCI America, ALB Technology, Toronto Research Chemicals, Chemscene, Chemodex Ltd, and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the limonin industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the limonin industry is provided for the leading economies of the world.
The limonin market is segmented based on type and application. On the basis of type segmentation, the market is classified into purity 98% and purity 95%. In terms of application segmentation, the market is bifurcated into healthcare, food & beverages, chemical manufacturing, and others.
The taxonomy of the limonin industry by its scope and segmentation is as follows:
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