November 21, 2024

Citronella Oil Market Size to Cross USD 222.69 Million by 2033

The global citronella oil market size accounted for USD 130.12 million in 2023 and is expected to touch around USD 222.69 million by 2033, growing at a CAGR of 5.52% from 2024 to 2033.

Key Points

  • Asia Pacific dominated the global market with the major market share of 35% in 2023.
  • North America is observed to witness a significant rate of growth in the upcoming period.
  • By product type, the java citronella oil segment has held the largest market share of 57% in 2023.
  • By product type, the Ceylon citronella oil segment is the fastest growing during the forecast period.
  • By grade type, the food grade segment dominated the market with the biggest market share of 49% in 2023.
  • By grade type, the aromatherapy segment is observed to be the fastest-growing during the forecast period.
  • By application type, the perfume segment is expected to grow at the fastest rate during the forecast period.

Citronella Oil Market Size 2024 to 2033

The citronella oil market is a segment of the essential oils industry that is experiencing steady growth due to increasing demand for natural and eco-friendly insect repellents. Citronella oil is derived from various species of the Cymbopogon genus, primarily Cymbopogon nardus and Cymbopogon winterianus. It is known for its distinct lemon-like aroma and its effectiveness in repelling mosquitoes and other insects. The market for citronella oil encompasses various applications, including personal care products, household insect repellents, and aromatherapy.

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Growth Factors

Several factors are driving the growth of the citronella oil market. The rising awareness about the harmful effects of chemical-based insect repellents has led consumers to opt for natural alternatives like citronella oil. Additionally, the growing demand for organic and natural personal care products has increased the use of citronella oil in skincare and cosmetic formulations. Furthermore, the expanding tourism industry in tropical regions where mosquito-borne diseases are prevalent has boosted the demand for citronella oil-based repellents.

Region Insights

The production and consumption of citronella oil are concentrated in tropical regions, particularly Southeast Asia. Countries like Indonesia, China, India, Sri Lanka, and Vietnam are major producers of citronella oil due to favorable climate conditions for cultivating citronella grass. Southeast Asia also serves as a significant market for citronella oil-based products, driven by the high incidence of mosquito-borne diseases and the cultural preference for natural remedies in the region.

Citronella Oil Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 5.52%
Citronella Oil Market Size in 2023 USD 130.12 Million
Citronella Oil Market Size in 2024 USD 137.30 Million
Citronella Oil Market Size by 2033 USD 222.69 Million
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product Type, By Grade Type, and By Application Type
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Citronella Oil Market Dynamics

Drivers

Key drivers influencing the citronella oil market include the growing awareness of health and environmental concerns associated with synthetic insect repellents. Increasing disposable incomes in emerging economies have also contributed to the demand for premium natural products like citronella oil. Moreover, government initiatives promoting the use of eco-friendly alternatives in pest control have further propelled market growth.

Opportunities

The citronella oil market presents several opportunities for expansion. Innovations in extraction techniques and product formulations can lead to the development of new citronella oil-based products catering to diverse consumer preferences. Collaborations between manufacturers and retailers to expand distribution networks can tap into new markets and consumer segments. Additionally, the rising popularity of aromatherapy and natural wellness practices opens avenues for incorporating citronella oil into therapeutic products.

Challenges

Despite its growth potential, the citronella oil market faces challenges such as fluctuations in citronella oil prices due to weather conditions and agricultural factors affecting citronella grass cultivation. Quality control and standardization issues in production processes can impact product consistency and market competitiveness. Moreover, the presence of counterfeit or adulterated citronella oil in the market poses a challenge to maintaining consumer trust and product integrity. Regulatory complexities related to labeling and claims about insect-repelling efficacy also add to the challenges faced by citronella oil manufacturers and marketers.

Read Also: Recycling Equipment Market Size to Attain USD 47.87 Bn By 2033

Citronella Oil Market Recent Developments

  • In April 2022, the first outdoor candle collection was launched by Yankee Candle. Citronella oil and essential oils are used in these candles due to their environmental-relaxing properties.
  • In July 2023, the non-alcoholic hand sanitizer gel from citronella essential oil was developed by the PKM D3 pharmacy.
  • In February 2024, an initiative to protect lives from diseases that are due to mosquitoes, Bior Guard Mos Block Lotion, ran on sale in Singapore and expanded by Kao. This lotion is made from citronella oil and can be used anytime, anywhere. It protects from mosquitoes that have mosquito-repellent properties.

Citronella Oil Market Companies

  • Agro Products and Agencies
  • Allied Oil LLC
  • Aromatic and Allied Chemicals
  • Augustus Oils Ltd
  • Bhagat Aromatics Limited
  • Bhoomi Natural Products and Exports Pvt Ltd.
  • Bontoux S.A.S
  • Citrus and Allied Essences Ltd
  • Greenf Fields Africa
  • India Essential Oils
  • Lamberti Spa
  • Lakshmi Life Sciences
  • Merk KGaA
  • Mountain Rose Inc.
  • Mokh Lifestyle Products
  • Reho Natural Ingredients
  • Sydney Essential Oil CO.
  • Symrise AG
  • Van Aroma
  • Vigon International

Segments Covered in the Report

By Product Type

  • JAVA Citronella Oil
  • Ceylon Citronella Oil

By Grade Type

  • Food Grade
  • Aromatherapy
  • Others

By Application Type

  • Perfume
  • Food
  • Pharmaceutical
  • Detergent
  • Cosmetic
  • Others

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

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