In recent years, the beauty and wellness industries have witnessed a significant shift towards natural ingredients, with consumers seeking healthier alternatives to traditional products. This trend has paved the way for the rise of tangerine essential oil, a versatile botanical extract with numerous therapeutic benefits. This article explores the growing influence of tangerine essential oil across various industries, including beauty, food and beverages, and pharmaceuticals, and examines the key trends shaping its market trajectory.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=62934

Key Players and Market Developments
Lionel Hitchen Essential Oils Ltd, oTERRA International, LLC

Market Dynamics and Projections

According to a study by Transparency Market Research (TMR), the global tangerine essential oil market generated revenues of approximately US$ 13 million in 2018, with projections indicating a significant growth trajectory. By the end of the forecast period, the market is anticipated to reach revenues worth US$ 266 million, driven by increasing demand from the food and beverages, cosmetics, and pharmaceuticals sectors.

Consumer Preference for Aromatherapy

One of the key drivers of the tangerine essential oil market is the growing consumer preference for aromatherapy as a natural treatment for various health conditions. With its soothing and relaxing effects, tangerine essential oil has become a popular choice for aromatherapy enthusiasts seeking relief from anxiety, depression, and cognitive issues. This trend has created new opportunities for market participants, who are launching innovative product formulations to cater to the rising demand for natural aromatherapy solutions.

Regional Dynamics and Competitive Landscape

Developed economies such as the United States and Japan are witnessing steady growth in the food and beverages industry, driving demand for tangerine essential oil in carbonated drinks and flavored beverages. In Europe, the preference for functional foods is expected to bolster the market for tangerine essential oil, particularly in countries like France. The market is characterized by fragmentation, with numerous players competing to expand their global footprint through product innovations and strategic acquisitions. Companies like doTERRA International, LLC and Lionel Hitchen Essential Oils Ltd. are investing in production capacity expansion and product diversification to meet growing demand.

Contact:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453