Lime
oil is obtained from Citrus aurantifolia of the Rosacea family. It
possess some useful characteristics such as it is antiseptic,
antiviral, astringent, aperitif, bactericidal, disinfectant,
febrifuge, haemostatic, restorative and tonic in nature. It is useful
in restoring energy, increasing hunger and appetite, preventing aging
symptoms, fights infections, reduces muscle and joint pain and helps
in treating food poisoning and typhoid. Due to its useful properties,
lime oil have their application in various industries such as
pharmaceuticals, cosmetics, healthcare etc.
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Lime
Oil market can be segmented into its source, form, application and
distribution channel.
On
the basis of source, lime oil market can be segmented into organic as
well as conventional. Among the two sources, lime oil in its organic
segment is being anticipated to have higher share as compared to its
conventional form.
On
the basis of form, lime oil market can be segmented into distilled,
cold pressed, infused and essence. Lime Oil in each of its form are
being used in large scale in various industries mainly due to some of
the important properties it possess.
On
the basis of application, lime oil market can be segmented into
pharmaceutical industry, food industry, and cosmetic industry. Among
these application, lime oil has been used in large scale in
pharmaceutical industry mainly due to the numerous health benefit
properties that it possess. Lime oil even has the property of curing
viral infections caused in the respiratory system. Besides this, lime
oil has applications in the food and beverages segment, where it is
used to add a sweet flavor to various dishes like chicken. In the
world of cosmetics, lime oil is also used to purify the skin and the
hair. Adding one or two drops of lime oil to the shampoo or the face
cleanser gives benefits to the hair and the skin, which is supporting
the cosmetic segment growth in lime
oil market.
On
the basis of distribution channel, lime oil market can be segmented
into direct and indirect distribution. The indirect distribution for
lime oil can be further sub segmented into modern trade, convenience
store, and e-retailers. Among all these segment e-retailer is
expected to represent significant growth in the lime oil market.
Increasing internet penetration and rising consumer influence towards
online purchasing is expected to drive the segment growth over the
forecast period.
Regional
segment for the market of lime oil is segmented into five different
regions: North America, Latin America, Europe, Asia Pacific including
Japan and Middle East & Africa. Europe market is expected to
dominate the global lime oil market in terms of revenue, and this
trend is projected to sustain throughout the forecast period. Europe
lime oil market is the most attractive market. MEA regions have
higher global share for cosmetics. Thus in MEA the lime oil have an
opportunity to gain in demand and sustain its presence for long term.
Due
to the numerous health benefits with lime oil, it has got a surging
demand in the market, especially in the European region. The various
benefits that lime oil has include being antiseptic and can help in
curing infections, and can help in preventing tetanus if the wound is
caused by something derived from iron. Due its other critical
therapeutic properties, helps lime oil drive its demand in the
pharmaceutical industry. In addition, lime oil is widely used as a
natural ingredient in cosmetics and food industry which further
expected to support lime oil market growth over the forecast period.
Some
of the key players in the Lime Oil market are: Statfold Seed Oil Ltd,
Inovia International, NHR Organic Oils, Phoenix Aromas &
Essential Oils, LLC, SpringThyme Oils Ltd, Penny Price Aromatherapy,
Gogia Chemical Industries Pvt. Ltd, Ultra International B.V.
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