Market Trends of Limonene Industry
This section covers the major market trends shaping the Limonene Market according to our research experts:
Growing Demand for Limonene in Personal Care Industry
Limonenemarket from cosmetic & personal care haswitnessedasiginficant growth in last couple of years, owing its heath benefical properties and increasing demand for organic personal care products. The limonene based personal care products havenutritive compounds which help in dermis protection and soothing of skin. It contributes to restoring smoothness of hair and skin to assure protection against inflammatory phenomenon. It is appropriate for after-sun skin care, moisturizing skin, anti-aging skin care and restructuring hair care. Growing demand for organic cosmetic & personal care products would upsurge the market growth in the forecast period.
North America holds a Significant Market Share
North America holds a significant market share in global limonene market. The United States is the largest producer of citrus fruit in the world. Limonene and its derived products are used in various personal care products. Increase in demand for natural ingredients in cosmetics and preferences towards bio-degradable product will propel demand of limonene in the coming years. Asia Pacific is anticipated to witness robust growth in the during the forecast period. Moreover, with increasing awareness among customers, it is expected that the demand for limonene market is expected to grow over the forecast period.