Limonin Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[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.

Key Insights from Primary Research

• According to our primary interviewees, the global Limonin market is expected to reach a market value of nearly USD 763 million by 2030 while registering a CAGR of nearly 5.92%.
• Our primary respondents predicted that the healthcare segment is expected to dominate the global Limonin market in 2022 and is expected to maintain the dominance in the market till 2030. The healthcare segment held a share of approximately 65% in 2022
• On the basis of region, North America region held a major share in the global Limonin market in 2022, the rise in the North America healthcare and cosmetics industry has proliferated the adoption of Limonin.
• The EMEA Limonin market was valued at approximately USD 130 million in 2022 and is estimated to reach a market value of USD 166 million in 2030.
• According to industry experts, the rising the food additives consumption is likely to create new revenue generating avenues for the global Limonin market, especially in developing countries.

Key Recommendations from Analysts

• As per our food & beverage analysts, the Limonin market is 2022 was valued at around 510 million in 2022, with North America having the highest market share.
• Asia Pacific is expected to witness the fastest growth in the global Limonin market, owing to the significant rise in the young population which has resulted in an increased demand for cosmetics and personal care products.
• On the basis of volume, Asia Pacific Limoninmarket held a share of nearly 25% in the global Limonin market in 2022 while North America held a share of nearly 40% inglobal Limonin market in 2022.
• Our analyst also predict the global Limonin market in terms of volume is expected to be values at around 16 kilo tons in 2022 and as the demand for healthcare products increase the consumption of Limonin is expected to increase. 
• The global demand for high purity organic products has increased in recent years owing to consumer awareness about harmful health effects associated inorganic products. This trend has fueled the 98% pure global Limonin market.

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 Scope

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.

Some of the essential players operating in the limonin market, but not restricted to include

• Carbosynth
•  Changsha Natural-ex Inc.
•  Aktin Chemicals
•  Cayman Chemical
•  TCI America
•  ALB Technology
•  Toronto Research Chemicals
•  Chemscene
•  Chemodex Ltd

The taxonomy of the limonin industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Purity 98%
• Purity 95%

By Application Segmentation Analysis

• Healthcare
• Food & Beverages
• Chemical Manufacturing
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)