Market Overview
• Limonene is the essential oil found in the peels of citrus fruits and other plants. Being a fruit & plant derivative, it has minimal health and environmental impacts. In end-user industries, limonene is used as a flavoring agent, fragrance, cleaner (solvent), and as an ingredient in sanitizers. Due to its benefits, the demand for the usage of this product has grown its application in various end-user industries which is expected to propel the market growth in the forecast period at a high CAGR of XX%.

Market Dynamics
• Growth in the end-user industries such as food & beverages, cosmetics, chemicals, pharmaceuticals, and others is one of the major factors that is boosting the global limonene market growth.
• Increasing adoption of natural ingredients and green chemicals in several end-user industries is augmenting the demand for the limonene market globally. As limonene is a plant-based derived solvent, it has minimal adverse impacts and thus will be high upsurge in its demand in the foreseeable future. In addition, the therapeutic and aromatic properties of the oil is also leading to its usage in foods and traditional medicines as natural alternatives to traditional medications. Due to its superior properties limonene helps in losing weight, prevention of cancer, treat cancer and treat bronchitis.
• Also, the growing demand for aerosol propellant and ozone-depleting chemicals usage is likely to drive the limonene market growth trend in the forecast period.

Market Segmentation
• Based on the application the global limonene market is broadly segmented as food & beverage, cosmetics, pharmaceuticals, and others.
• Among all these, the food & beverage industry accounted for major market share and is expected to grow at a high CAGR of XX% over the forecast period.
• It is owing to limonene's aromatic properties, and it acts as a stabilizing agent in carbonated beverages fruit juices, ice creams, and sweets.
• According to the International Dairy Foods Association (IDFA), in 2015, the U.S. ice cream companies made more than 898 million gallons of ice cream. Thus, growth in its demand in food & beverage industry is expected to boost the market growth.

Geographical Share
The global Limonene market is segmented into
• North America,
• Europe,
• Asia Pacific,
• South America,
• Middle East
• & Africa.

Company Profiles
Significant players of the global limonene market are
• Florida Chemical Company, Inc.,
• Arora Aromatics,
• Elevance,
• Bell Chem Corp.,
• Peace Naturals,
• Others.


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