Tangerine Oil Market is anticipated at a CAGR of 4.6% during the forecast period from 2023 to 2033 | Future Market Insig

Tangerine Oil Market is expected to reach a market valuation of US$ 2.3 billion by the year 2023 and is expected to reach US$ 3.6 billion by 2033, accelerating with a CAGR of 4.6% by 2023 to 2033.

The global sales of tangerine oil are expected to witness progressive growth over the forecast period. There is persistent rising demand for tangerine oil in cosmetics and food & beverages globally which is likely to boost the tangerine oil market in the assessment period.

Tangerine oil is made from the rind of tangerine fruit. Tangerines and oranges have similar properties because they are from the same family.

The process of cold expression is used to extract tangerine oil. Tangerine oil consists of alpha thujone, beta-pinene, camphene, myrcene, sabinene, and terpineol, limonene, geranial, gamma terpinolene, geranial, linalool.

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Demand for Tangerine Oil 

Tangerine oil is used to treat anxiety disorders, stress-related disorders, and depression. It makes you feel more energized, confident and refined throughout the day.

Tangerine oil is also used in traditional medicine for many generations. Tangerine oil is widely used in aromatherapy and medical agents.

Tangerine oil is applied to directly wounds or taken orally in the body’s healing process due to its anti-inflammatory properties.

Due to the presence of vitamins C, vitamin B, potassium, and magnesium concentration this oil is used to maintain healthy hair and feeding strong follicles.

Tangerine oil can apply to any type of skin has anti-aging properties provides a strong hydration level and helps to lighten acne scarring. These are the key factors that drive the demand for tangerine oil.

The US and Canada Tangerine Oil Market

The US is one of the key markets for tangerine oil worldwide. The US tangerine oil market is to notice a prominent growth rate during the assessment period 2021-2031.

Tangerine oil is used as a flavouring agent in the culinary industry in the United States.

This oil is used as an ingredient in the soaping industry and is used in perfumes, lotions, and various cosmetics, hair, and skincare products in the United States.

The food & beverages, and cosmetics industry is helping to boost the tangerine oil in the United States.

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Europe Demand Outlook for Tangerine Oil Market

There is rising demand for essential oils from European countries due to the rising demand for aromatherapy.

Essential oil is a more natural way to improve your mental health and treat various physical conditions.

Europeans’ consumers use aromatherapy as a complementary way to improve their health. This is the key factor that drives the demand for tangerine oil in the European Region for the assessment period.

Tangerine Oil Market: Key Players

Some key manufacturers functioning in business in tangerine oil market includes

• Now Foods
• Symrise
• Lionel Hitchen Limited
• Lebermuth
• Eden Botanicals
• Vigon InternationalInc
• Citrus and Allied Essences Ltd.
• International Flavors & Fragrances Inc, and many others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Tangerine Oil Market Report Highlights:

• Detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint