July 19, 2024

Citronella Oil Market Size to Rise USD 222.69 Million by 2033

The global citronella oil market size was exhibited at USD 130.12 million in 2023 and is predicted to rise to around USD 222.69 million by 2033, growing at a CAGR of 5.52% from 2024 to 2033.

Key Points

  • Asia Pacific dominated the global market with the major market share of 35% in 2023.
  • North America is observed to witness a significant rate of growth in the upcoming period.
  • By product type, the java citronella oil segment has held the largest market share of 57% in 2023.
  • By product type, the Ceylon citronella oil segment is the fastest growing during the forecast period.
  • By grade type, the food grade segment dominated the market with the biggest market share of 49% in 2023.
  • By grade type, the aromatherapy segment is observed to be the fastest-growing during the forecast period.
  • By application type, the perfume segment is expected to grow at the fastest rate during the forecast period.

Citronella Oil Market Size 2024 to 2033

The global citronella oil market is experiencing steady growth, valued at USD 126.80 million in 2023 with a projected CAGR of 5.5% from 2024 to 2032​ . Citronella oil is renowned for its insect-repelling properties, making it a sought-after ingredient in products like candles, sprays, and lotions, particularly during warmer months when outdoor activities are prevalent​ ​. Moreover, the fragrance and aromatherapy industries are driving market growth due to the increasing demand for natural, refreshing scents​​.

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Growth Factors

Several factors contribute to the growth of the citronella oil market. The expanding fragrance industry, rising adoption of aromatherapy applications, and rapid urbanization are key drivers stimulating market demand​ ​. Additionally, the market benefits from increased consumer preference for natural insect repellents and the trend towards sustainable sourcing practices in the production of citronella oil​ .

Region Insights

Geographically, North America holds a significant share of the citronella oil market, driven by high engagement in outdoor activities like camping and gardening, where citronella-based products are used to prevent mosquito bites​. Europe and Asia Pacific also contribute substantially to market growth, fueled by increasing consumer awareness regarding health and wellness and the demand for natural personal care products​.

Citronella Oil Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 5.52%
Citronella Oil Market Size in 2023 USD 130.12 Million
Citronella Oil Market Size in 2024 USD 137.30 Million
Citronella Oil Market Size by 2033 USD 222.69 Million
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product Type, By Grade Type, and By Application Type
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Citronella Oil Market Dynamics

Drivers and Opportunities

The demand for citronella oil is propelled by a shift towards natural products in the cosmetics and personal care industries, as consumers prioritize health and wellness. Growing awareness of the benefits of natural ingredients and rising disposable incomes are creating opportunities for market expansion​ ​.

Challenges

Despite its promising growth trajectory, the citronella oil market faces challenges related to quality assurance, supply chain disruptions, and price volatility due to supply-demand imbalances. Ensuring product authenticity and combating issues like adulteration remain significant hurdles for market players​.

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Citronella Oil Market Recent Developments

  • In April 2022, the first outdoor candle collection was launched by Yankee Candle. Citronella oil and essential oils are used in these candles due to their environmental-relaxing properties.
  • In July 2023, the non-alcoholic hand sanitizer gel from citronella essential oil was developed by the PKM D3 pharmacy.
  • In February 2024, an initiative to protect lives from diseases that are due to mosquitoes, Bior Guard Mos Block Lotion, ran on sale in Singapore and expanded by Kao. This lotion is made from citronella oil and can be used anytime, anywhere. It protects from mosquitoes that have mosquito-repellent properties.

Citronella Oil Market Companies

  • Agro Products and Agencies
  • Allied Oil LLC
  • Aromatic and Allied Chemicals
  • Augustus Oils Ltd
  • Bhagat Aromatics Limited
  • Bhoomi Natural Products and Exports Pvt Ltd.
  • Bontoux S.A.S
  • Citrus and Allied Essences Ltd
  • Greenf Fields Africa
  • India Essential Oils
  • Lamberti Spa
  • Lakshmi Life Sciences
  • Merk KGaA
  • Mountain Rose Inc.
  • Mokh Lifestyle Products
  • Reho Natural Ingredients
  • Sydney Essential Oil CO.
  • Symrise AG
  • Van Aroma
  • Vigon International

Segments Covered in the Report

By Product Type

  • JAVA Citronella Oil
  • Ceylon Citronella Oil

By Grade Type

  • Food Grade
  • Aromatherapy
  • Others

By Application Type

  • Perfume
  • Food
  • Pharmaceutical
  • Detergent
  • Cosmetic
  • Others

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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