Citral is also known as 3,7-dimethyl-2,6-octadienal. It is a pale-yellow color liquid and has a strong lemon aroma. Citral can be either extracted from citrus essential oils such as orange, lemongrass, myrtle, lemon, and tea-tree or can be synthetically prepared in laboratories. Citral is insoluble in water, however can be soluble in mineral oil and diethyl ether. It is used for synthesis of ionones, vitamin A, linear monoterpenes, diterpenes, and sesquiterpenes.
MARKET DYNAMICS
Increasing demand from the food & beverage industry is expected to drive the citral market in coming years. Furthermore, citral is also one of the most favored flavor in medical and pharmacueticals applications. It is also known to have antimicrobial properties and hence can be used in skin care products. With the growing personal care and hygiene industry, the product market is anticipated to witness a surge in the demand.
MARKET SCOPE
The "Global Citral Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Citral Market with detailed market segmentation product type, end use industry, and geography. The global Citral Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Citral Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Citral Market is segmented on the basis of product type, and end-use industry. On the basis of product type, the global Citral market is divided into natural and synthetic. On the basis of end-use industries, the global Citral market is divided into cosmetics and personal care, household products, pharmaceuticals, food and beverages, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Citral Market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Citral Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the Citral Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Citral Market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Citral Market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Citral Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the Citral Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Citral Market in these regions.
MARKET PLAYERS
The reports cover key developments in the Citral Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as purity launches, purity approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Citral Market is anticipated to lucrative growth opportunities in the future with the rising demand for Citral in the global market. below mentioned is the list of few companies engaged in the Citral Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Citral Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Kuraray Co., Ltd.
- Takasago International Corporation
- Zhejiang NHU Co. Ltd.
- Indukern SA
- Vigon International Inc.
- Kalpsutra Chemicals Private Limited
- MOELLHAUSEN S.P.A.
- Beijing Lys Chemicals Co. Ltd.
- Fairchem Specialty Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Citral Market - By Product Type
1.3.2 Citral Market - By End Use Industry
1.3.3 Citral Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CITRAL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. CITRAL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CITRAL MARKET - GLOBAL MARKET ANALYSIS
6.1. CITRAL - GLOBAL MARKET OVERVIEW
6.2. CITRAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CITRAL MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. NATURAL
7.3.1. Overview
7.3.2. Natural Market Forecast and Analysis
7.4. SYNTHETIC
7.4.1. Overview
7.4.2. Synthetic Market Forecast and Analysis
8. CITRAL MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. COSMETICS AND PERSONAL CARE
8.3.1. Overview
8.3.2. Cosmetics and Personal Care Market Forecast and Analysis
8.4. HOUSEHOLD PRODUCTS
8.4.1. Overview
8.4.2. Household Products Market Forecast and Analysis
8.5. PHARMACEUTICALS
8.5.1. Overview
8.5.2. Pharmaceuticals Market Forecast and Analysis
8.6. FOOD AND BEVERAGES
8.6.1. Overview
8.6.2. Food and Beverages Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. CITRAL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Citral Market Overview
9.1.2 North America Citral Market Forecasts and Analysis
9.1.3 North America Citral Market Forecasts and Analysis - By Product Type
9.1.4 North America Citral Market Forecasts and Analysis - By End Use Industry
9.1.5 North America Citral Market Forecasts and Analysis - By Countries
9.1.5.1 United States Citral Market
9.1.5.1.1 United States Citral Market by Product Type
9.1.5.1.2 United States Citral Market by End Use Industry
9.1.5.2 Canada Citral Market
9.1.5.2.1 Canada Citral Market by Product Type
9.1.5.2.2 Canada Citral Market by End Use Industry
9.1.5.3 Mexico Citral Market
9.1.5.3.1 Mexico Citral Market by Product Type
9.1.5.3.2 Mexico Citral Market by End Use Industry
9.2. EUROPE
9.2.1 Europe Citral Market Overview
9.2.2 Europe Citral Market Forecasts and Analysis
9.2.3 Europe Citral Market Forecasts and Analysis - By Product Type
9.2.4 Europe Citral Market Forecasts and Analysis - By End Use Industry
9.2.5 Europe Citral Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Citral Market
9.2.5.1.1 Germany Citral Market by Product Type
9.2.5.1.2 Germany Citral Market by End Use Industry
9.2.5.2 France Citral Market
9.2.5.2.1 France Citral Market by Product Type
9.2.5.2.2 France Citral Market by End Use Industry
9.2.5.3 Italy Citral Market
9.2.5.3.1 Italy Citral Market by Product Type
9.2.5.3.2 Italy Citral Market by End Use Industry
9.2.5.4 United Kingdom Citral Market
9.2.5.4.1 United Kingdom Citral Market by Product Type
9.2.5.4.2 United Kingdom Citral Market by End Use Industry
9.2.5.5 Russia Citral Market
9.2.5.5.1 Russia Citral Market by Product Type
9.2.5.5.2 Russia Citral Market by End Use Industry
9.2.5.6 Rest of Europe Citral Market
9.2.5.6.1 Rest of Europe Citral Market by Product Type
9.2.5.6.2 Rest of Europe Citral Market by End Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Citral Market Overview
9.3.2 Asia-Pacific Citral Market Forecasts and Analysis
9.3.3 Asia-Pacific Citral Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Citral Market Forecasts and Analysis - By End Use Industry
9.3.5 Asia-Pacific Citral Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Citral Market
9.3.5.1.1 Australia Citral Market by Product Type
9.3.5.1.2 Australia Citral Market by End Use Industry
9.3.5.2 China Citral Market
9.3.5.2.1 China Citral Market by Product Type
9.3.5.2.2 China Citral Market by End Use Industry
9.3.5.3 India Citral Market
9.3.5.3.1 India Citral Market by Product Type
9.3.5.3.2 India Citral Market by End Use Industry
9.3.5.4 Japan Citral Market
9.3.5.4.1 Japan Citral Market by Product Type
9.3.5.4.2 Japan Citral Market by End Use Industry
9.3.5.5 South Korea Citral Market
9.3.5.5.1 South Korea Citral Market by Product Type
9.3.5.5.2 South Korea Citral Market by End Use Industry
9.3.5.6 Rest of Asia-Pacific Citral Market
9.3.5.6.1 Rest of Asia-Pacific Citral Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Citral Market by End Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Citral Market Overview
9.4.2 Middle East and Africa Citral Market Forecasts and Analysis
9.4.3 Middle East and Africa Citral Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Citral Market Forecasts and Analysis - By End Use Industry
9.4.5 Middle East and Africa Citral Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Citral Market
9.4.5.1.1 South Africa Citral Market by Product Type
9.4.5.1.2 South Africa Citral Market by End Use Industry
9.4.5.2 Saudi Arabia Citral Market
9.4.5.2.1 Saudi Arabia Citral Market by Product Type
9.4.5.2.2 Saudi Arabia Citral Market by End Use Industry
9.4.5.3 Rest of Middle East and Africa Citral Market
9.4.5.3.1 Rest of Middle East and Africa Citral Market by Product Type
9.4.5.3.2 Rest of Middle East and Africa Citral Market by End Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Citral Market Overview
9.5.2 South and Central America Citral Market Forecasts and Analysis
9.5.3 South and Central America Citral Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Citral Market Forecasts and Analysis - By End Use Industry
9.5.5 South and Central America Citral Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Citral Market
9.5.5.1.1 Brazil Citral Market by Product Type
9.5.5.1.2 Brazil Citral Market by End Use Industry
9.5.5.2 Argentina Citral Market
9.5.5.2.1 Argentina Citral Market by Product Type
9.5.5.2.2 Argentina Citral Market by End Use Industry
9.5.5.3 Rest of South and Central America Citral Market
9.5.5.3.1 Rest of South and Central America Citral Market by Product Type
9.5.5.3.2 Rest of South and Central America Citral Market by End Use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CITRAL MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. KURARAY CO., LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. TAKASAGO INTERNATIONAL CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ZHEJIANG NHU CO. LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. INDUKERN SA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. VIGON INTERNATIONAL INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KALPSUTRA CHEMICALS PRIVATE LIMITED
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MOELLHAUSEN S.P.A.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BEIJING LYS CHEMICALS CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. FAIRCHEM SPECIALTY LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. BASF SE
2. Kuraray Co., Ltd.
3. Takasago International Corporation
4. Zhejiang NHU Co. Ltd.
5. Indukern SA
6. Vigon International Inc.
7. Kalpsutra Chemicals Private Limited
8. MOELLHAUSEN S.P.A.
9. Beijing Lys Chemicals Co. Ltd.
10. Fairchem Specialty Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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