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

-
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.


Comments

Post a Comment

Popular posts from this blog

Security Robot Market to Reach US$ 11.8 Billion by 2022

-
Image
Security Robot Market The Global Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Security robots are rapidly gaining traction due to their ability to enhance security and surveillance in various industries. These robots offer advantages such as round-the-clock monitoring, real-time video monitoring, and quick response to potential threats. The increasing need for advanced security measures to prevent theft, vandalism, and unauthorized access is driving the demand for security robots. These robots are widely used in industries such as retail, healthcare, transportation, and manufacturing to ensure the safety of assets and individuals. The market is expected to witness significant growth due to the rising security concerns and advancements in robotic technologies. Market Key Trends: One ke
Read more

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f
Read more

Global Report on LED Driver Market for the Forecast Period 2023-2030

-
Image
LED Driver Market The LED Driver Market has been growing rapidly over the past few years, driven by the increasing demand for energy-efficient lighting solutions across residential, commercial, and industrial sectors. LED (light-emitting diode) lighting technology has several advantages over traditional lighting solutions such as incandescent and fluorescent lights, including longer lifespan, lower energy consumption, and lower maintenance costs. However, to power and control LED lights, an LED driver is required. The LED Driver Market was valued at USD 7.7 billion in 2020 and is expected to reach USD 10.5 billion by 2025, at a CAGR of 6.4% during the forecast period. LED drivers are electronic devices that regulate the power supply to LED lights. They convert AC voltage from a power source to DC voltage suitable for LEDs, and also provide the necessary current and voltage regulation to ensure proper functioning of the LED lights. LED drivers can be either constant current or constant
Read more