Global Citrus Aurantium Extract Market Size By End-User (Pharmaceutical, Food, Personal Care), By Application (Essential Oil, Appetite Suppressant, Weight Loss Aid), By Geographic Scope And Forecast
Report ID: 54569|No. of Pages: 202
Global Citrus Aurantium Extract Market Size By End-User (Pharmaceutical, Food, Personal Care), By Application (Essential Oil, Appetite Suppressant, Weight Loss Aid), By Geographic Scope And Forecast
Citrus Aurantium Extract Market Size And Forecast
Citrus Aurantium Extract Market size was valued at USD 2.58 Billion in 2023 and is projected to reach USD 4.43 Billion by 2030, growing at a CAGR of 2.6% during the forecasted period 2024 to 2030.
Citrus Aurantium Extract, also known as Synephrine, is an orange peel extract that has long been used in Chinese traditional medicine. Furthermore, because of its established health benefits and increased consumer demand, synephrine is in high demand from big nutritional supplement manufacturers. The Global Citrus Aurantium Extract Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Citrus Aurantium Extract Market Definition
Citrus Aurantium refers to the bitter orange fruit. Citrus aurantium extract comes from a citrus tree native to Southeast Asia. Citrus aurantium extract is used to treat skin infections, food goods, soap, supplement scents, chronic fatigue syndrome, nasal congestion, and several herbal medications. Citrus Aurantium has a variety of components that aid in weight loss and act as appetite suppressants. P-synephrine is a fruit component that has a similar structure to adrenergic drugs. Metabolic alterations are always associated with weight loss and adrenergic effects. Because of the existence of natural extract, it is utilized in food and drinks with better nutritional value, which may assist promote market growth.
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Global Citrus Aurantium Extract Market Overview
Growing demand for the extract in herbal supplements, ascribed to rising health concerns among consumers worldwide, is one of the primary reasons driving development in the global Citrus Aurantium Extract Market. The statement issued by the U.S. The bitter orange is safer to use than ephedra, according to the National Centre for Complementary and Integrative Health, and the prohibition on the herbal stimulant ephedra in the United States and Canada is fueling demand for the worldwide Citrus Aurantium Extract Market in North America. Citrus aurantium-containing supplements marketed as natural weight-loss ephedra-free products drive the worldwide Citrus Aurantium Extract Market throughout the forecast period.
Furthermore, its usage as a weight loss product adds to the market increase. The availability of raw resources across nations, as well as their ease of accessibility, leads to future market expansion. Increased disposable incomes contribute to an increase in individual yearly income, which increases spending on spas and salons, and the usage of extracts in massage oils for leisure, aromatherapy, and relaxation has led to product demand. Citrus Aurantium extract is famous for its nutritional and personal care advantages when used to strengthen immunity as well as for skin and hair. An end-user inclination for bio-based and herbal components and advantages supported sectors like as pharmaceuticals, nutraceuticals, personal care & cosmetics, and food & beverages, resulting in Citrus Aurantium Extract Market expansion.
However, due to numerous study studies describing the adverse effects of Citrus Aurantium extract usage in people, synephrine has received a very unfavorable reputation. There is also an elevated risk of cardiovascular disease in people who regularly use Citrus Aurantium extract. Furthermore, the high cost of generating Citrus Aurantium extract is expected to stymie the citrus Aurantium market, especially in Asia-Pacific, the Middle East, and Africa. Citrus aurantium extract producers may benefit from prospective opportunities in countries such as North America, Europe, and the Asia Pacific, owing to the rapidly rising demand for herbal supplements and appetite suppressants, which is expected to continue over the forecast period.
Global Citrus Aurantium Extract Market Segmentation Analysis
The Global Citrus Aurantium Extract Market is Segmented on the basis of End-User, Application, And Geography.
Citrus Aurantium Extract Market, By End-User
• Pharmaceutical
• Food
• Personal Care
• Others
Based on End-User, the market is segmented into Pharmaceutical, Food, Personal Care, and Others. Because of the strong demand for citrus Aurantium extract in herbal supplements, the pharmaceutical sector segment accounts for a large value share in the worldwide Citrus Aurantium Extract Market throughout the projected period.
Citrus Aurantium Extract Market, By Application
• Essential Oil
• Appetite Suppressant
• Weight Loss Aid
• Others
Based on Application, the market is segmented into Essential Oil, Appetite Suppressant, Weight Loss Aid, and Others. The appetite suppressant category is predicted to account for a reasonably high revenue share with a large growth rate, owing to global demand for weight loss products.
Citrus Aurantium Extract Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, the Global Citrus Aurantium Extract Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America dominates the global Citrus Aurantium Extract Market in terms of revenue contribution due to the comparatively high demand for citrus Aurantium extract from the herbal supplements industry. Because of greater health awareness among customers in the region, North America is followed by Western Europe. Due to expanding population in countries such as China and India, APEJ account for a comparably high-volume proportion of the global market. Eastern Europe and Japan have a small value share of the worldwide market. Because of the region’s modest economic and industrial growth, Latin America and the Middle East and Africa are likely to provide moderate opportunities in the worldwide market. Overall, the worldwide Citrus Aurantium Extract Market is expected to grow over the projected period.
Key Players
The “Global Citrus Aurantium Extract Market,” study report will provide a valuable insight with an emphasis on the global market, including some of the major players such as Hangzhou Greensky Biological Tech, Nutura Green Biotechnology, Sigma-Aldrich, Shanghai Passiono International, Wagott, OSST, Hawk-Bio, Shaanxi Huadong Biological Technology Co., Ningbo J&S Botanics inc. and Webmd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• On 1 April 2022, Kerry, an Irish taste and nutrition firm, finalized the acquisition of Natreon, an Ayurvedic botanical ingredient provider.
• On 22 February 2022, Suan Farma has agreed to buy a controlling stake in Monteloeder, a company established in Spain that specialized in patent-protected botanical extracts backed by clinical research.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Hangzhou Greensky Biological Tech, Nutura Green Biotechnology, Sigma-Aldrich, Shanghai Passiono International, Wagott, OSST. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL CITRUS AURANTIUM EXTRACT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL CITRUS AURANTIUM EXTRACT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL CITRUS AURANTIUM EXTRACT MARKET, BY END-USER
5.1 Overview
5.2 Pharmaceutical
5.3 Food
5.4 Personal Care
6 GLOBAL CITRUS AURANTIUM EXTRACT MARKET, BY APPLICATION
6.1 Overview
6.2 Essential Oil
6.3 Appetite Suppressant
6.4 Weight Loss Aid
6.5 Others
7 GLOBAL CITRUS AURANTIUM EXTRACT MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East & Africa
8 GLOBAL CITRUS AURANTIUM EXTRACT MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Hangzhou Greensky Biological Tech
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Nutura Green Biotechnology
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Sigma-Aldrich
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Shanghai Passiono International
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Wagott
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 OSST
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Hawk-Bio
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Shaanxi Huadong Biological Technology Co.
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Ningbo J&S Botanics inc
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Webmd
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 Appendix
11.1 Related Research
Report Research Methodology
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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