San Francisco, California, December 07, 2018: The global citrus market to flourish during the forecast period 2018 – 2028, riding on the back of several drivers. Citrus oil finds its usages in numerous application such as in aroma therapy, manufacture of therapeutic products and industrial solvents, and food flavoring. The use of citrus oil in spas and massage parlors also accounts for a considerate share, notices TMR Research. In a report titled, “Citrus Oil Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028”, the analysts of the report have provided an extensive in depth analysis of the overall market. The report also consists of various factors such as trends, drivers, opportunities, regional analysis, and restraints which are likely to impact the market in coming years. The report also provides company profiles of major players in the market.
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One of the major factors that is helping the global citrus oil market is constant rise in demand for natural colorants and flavorants in the food and beverage industry. Rising awareness among consumers regarding the harmful chemical food flavorants and colorants that are directly being consumed is adversely affecting human health. This awareness has favored the growth of the citrus oil market. Functional foods offer several benefits. As consumers around the world realize the same, the demand for citrus oil market will rise. Various study suggest that the consumption of herbal supplements have increased in recent these years, this is anticipated to provide growth opportunity for the organic food industry. Apart from these, the market is enjoying a steady growth due to rise in disposable income all across the world. Rise in demand for cosmetics and personal care products have helped the market grow. Change in lifestyle and rapid urbanization has compelled people to spend more on skin care that procured from biological sources. This is expected to drive the market.
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