Global Citral Market is Expected to Reach US$ 1,724.5 Million in Revenue by the End of 2027, with a CAGR of 7.1% over the Projected Period 2020 to 2027

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Citral
Citral

Citral is used to make a variety of cosmetic and personal care goods, such as aftershave lotions, bath products, moisturizers, perfumes and colognes, and skincare products. Citral Market expansion is predicted to be aided by the growing cosmetics and personal care industry. In 2016, the IBEF (India Brand Equity Foundation), a trust founded by the Department of Commerce, Ministry of Commerce and Industry, predicted that the beauty, cosmetics, and grooming market in India would reach US$ 20 billion by 2025.

Market Drivers

Global Citral Market Growth is predicted to be fueled by rising usage of soaps, hand sanitizers, and sanitizers as a result of increased health and hygiene awareness. For example, Colgate-Palmolive, one of the world's major personal care product manufacturers, forecasted a sales gain in August 2020 due to increased demand for liquid hand soaps around the world. I

Restriction on the Market

When heated, synthetic citral produces irritating vapors and acid. Its tendency to break down and polymerize when burned may also irritate the skin. As a result, it's best not to leave the burning citral out in the open. n terms of revenue, Europe dominated the global Citral Market in 2019, accounting for 48.0 percent of the market, followed by the Asia Pacific and North America.

Opportunities in the Market

The millennial population is becoming increasingly concerned about their health as a result of their consumption of unhealthy and junk food. Citral is being used in a variety of foods and beverages around the world because it contains lemon oil, which has antibacterial properties. In addition, the development of numerous lime-based aerated and energy beverages is increasing citral demand in the food and beverage industry. Bubbl'R antioxidant sparkling water, for example, debuted a new lime-based sparkling water in November 2020. The new Lemon Lime Twist combines the sweet and acidic flavors of lemon and lime.


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