October 10, 2024

Citronella Oil Market Size to Attain USD 222.69 Million by 2033

The global citronella oil market size is expected to increase USD 222.69 million by 2033 from USD 130.12 million in 2023 with a CAGr of 5.52% between 2024 and 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 citronella oil market is a segment of the essential oils industry that revolves around the extraction and distribution of citronella oil, a popular natural ingredient known for its insect repellent properties. Citronella oil is derived from several species of the citronella grass plant, primarily Cymbopogon nardus and Cymbopogon winterianus. It is widely used in various consumer products such as insect repellents, candles, soaps, and cosmetics due to its pleasant aroma and effectiveness in repelling mosquitoes and other insects.

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Growth Factors:

The citronella oil market has witnessed steady growth primarily driven by increasing consumer preference for natural and organic insect repellents over synthetic chemical-based products. Growing awareness about the adverse effects of chemical insecticides on health and the environment has led to a shift towards eco-friendly alternatives like citronella oil. Additionally, rising demand for aromatherapy products and the expanding use of citronella oil in the fragrance industry contribute to the market’s growth trajectory.

Region Insights:

The global citronella oil market is geographically diverse, with key production and consumption regions including Southeast Asia (particularly Indonesia, China, and Vietnam), South America, and parts of Africa. These regions have favorable climates for growing citronella grass and have established supply chains for processing and distributing citronella oil to international markets. Southeast Asia, especially Indonesia, dominates the market as the largest producer and exporter of citronella oil globally.

Citronella Oil Market Scope

Report CoverageDetails
Growth Rate from 2024 to 2033CAGR of 5.52%
Citronella Oil Market Size in 2023USD 130.12 Million
Citronella Oil Market Size in 2024USD 137.30 Million
Citronella Oil Market Size by 2033USD 222.69 Million
Largest MarketAsia Pacific
Base Year2023
Forecast Period2024 to 2033
Segments CoveredBy Product Type, By Grade Type, and By Application Type
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Citronella Oil Market Dynamics

Drivers:

Several factors are driving the growth of the citronella oil market. Increasing incidences of vector-borne diseases such as malaria, dengue fever, and Zika virus have heightened the demand for effective insect repellents, thereby boosting the adoption of citronella oil-based products. Moreover, the growing trend towards natural and organic personal care products and the expanding applications of citronella oil in the pharmaceutical and food industries further propel market growth.

Opportunities:

The citronella oil market presents promising opportunities for expansion and innovation. Research and development efforts aimed at enhancing the efficacy and versatility of citronella oil in various applications, such as pharmaceuticals and pet care products, can unlock new growth avenues. Moreover, increasing investments in sustainable agriculture practices and technology-driven extraction methods offer opportunities for improved production efficiency and product quality.

Challenges:

Despite the positive growth outlook, the citronella oil market faces certain challenges. Fluctuations in citronella oil prices due to variations in crop yields and weather conditions pose a challenge to market stability. Additionally, competition from synthetic insect repellents and regulatory complexities related to product labeling and efficacy claims can hinder market growth. Ensuring a consistent and sustainable supply of citronella oil amidst environmental concerns and land use issues also remains a challenge for industry stakeholders.

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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