PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1895804
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1895804
Lemongrass Oil Market Introduction and Overview
According to SPER Market Research, the Global Lemongrass Oil Market is estimated to reach USD 145.37 million by 2034 with a CAGR of 9.95%.
The growing demand for lemongrass oil across a variety of industries, including food and beverage, medicines, cosmetics, and aromatherapy, is propelling the market's continuous expansion. The lemongrass plant's leaves and stalks are used to make lemongrass oil, a natural essential oil prized for its antibacterial, medicinal, and lemony scent. It is widely used as a flavoring agent and preservative in the food and beverage business, and because of its antimicrobial and refreshing properties, it is also utilized in skincare, haircare, and scent products in the cosmetics and personal care industry.
Lemongrass Oil Market
By Type Insights:
In 2024, the lemongrass oil market was divided into two types: conventional and organic. The conventional category dominated the market in 2024. There are no unique organic agricultural methods, lemongrass oil is produced traditionally to meet the needs of aromatherapy, cosmetics, food, and pharmaceuticals, and it is readily available at affordable costs. These consumers can purchase it from the top producers, China, India, and Indonesia. These nations have been able to establish strong supply networks to the rest of the world due to the constant demand for lemongrass oil. Because of its high citral concentration, conventional lemongrass oil is also utilized in flavors, perfumes, and insect repellents, which puts it on the producers' recommended list.
By Application Insights:
In 2024, the lemongrass oil market will be majorly distributed in food and drinks, personal care and cosmetics, pharmaceuticals, aromatherapy, and household cleaning goods. Food and beverages now dominate the market, accounting for a large market share. The market for lemongrass oil is significantly influenced by the food and beverage industry because to the ongoing rise in consumer preferences for natural flavors and ingredients that promote health. The antibacterial qualities of the zesty and delicious lemon grass oil make it easy to use in herbal teas, soups, sauces, and candies. It has digestive and antioxidant properties in addition to the citrus flavor that comes from its natural citral concentration. Its inclusion in wellness drinks and functional beverages is being driven by health-conscious customers.
By Distribution Channel Insights:
In 2024, the lemongrass oil market is divided into five distribution channels: internet retail, supermarkets/hypermarkets, speciality stores, direct sales, and others. Supermarkets and hypermarkets dominated the market in 2024. Lemongrass oil is distributed through supermarkets and hypermarkets, which are essentially retail establishments these days. A wider range of essential oils are now more readily available to consumers. These merchants carry trustworthy brands, thus their goods are authentic and of high caliber. Pure and blended cooking, home, and health oils are also available at supermarkets and hypermarkets. These big stores are the main place where these oils are sold because of the trend toward urbanization and the need of consumers to physically inspect the products.
Regional Insights:
The market for essential oils in Europe led the world market in terms of revenue. This is because there are a lot of unexplored markets and a sizable population base, which will probably attract the interest of major companies wishing to establish operations and distribution networks in this area. Organizations like the European Federation of Essential Oils (EFEO), which was founded to safeguard and advance the interests of stakeholders across the market value chain, have helped the industry in Europe.
Market Competitive Landscape:
There are both regional and international competitors vying for market share in the rather fragmented global lemongrass oil market. The growing demand for natural and organic essential oils across various industries is driving fierce competition in the industry. Leading companies prioritize product purity, quality, and certifications (such fair-trade and organic) to stand out from the competition and win over customers. To increase production and preserve consistency in scent and therapeutic qualities, numerous businesses are investing in R&D, sophisticated extraction technology, and sustainable sourcing.
Recent Developments:
In September 2023, A new Lemongrass Moisturizing Shampoo from Rader Joe's was introduced with the goal of giving hair a spa-like feel. A combination of vitamin E, argan oil, lemongrass oil, and other botanical oils are used to make the shampoo, which leaves hair feeling smooth, soft, and renewed. Additionally, it is devoid of silicone, parabens, phthalates, and sulfates.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Type, By Application, By Distribution Channel
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered AG Organica, Aura Cacia, doTERRA, Edens Garden, Mountain Rose Herbs, NOW Foods, Phoenix Aromas & Essential Oils LLC, Plant Therapy Essential Oils, The Lebermuth Company, Young Living Essential Oils.
Key Topics Covered in the Report:
Global Lemongrass Oil Market Size (FY 2021-FY 2034)
Overview of Global Lemongrass Oil Market
Segmentation of Global Lemongrass Oil Market by Type (Conventional, Organic)
Segmentation of Global Lemongrass Oil Market by Application (Food & beverages, Personal care & cosmetics, Pharmaceuticals, Aromatherapy, Household cleaning products)
Segmentation of Global Lemongrass Oil Market by Distribution Channel (Online retail, Supermarkets/hypermarkets, Specialty stores, Direct sales)
Statistical Snap of Global Lemongrass Oil Market
Expansion Analysis of Global Lemongrass Oil Market
Problems and Obstacles in Global Lemongrass Oil Market
Competitive Landscape in the Global Lemongrass Oil Market
Details on Current Investment in Global Lemongrass Oil Market
Competitive Analysis of Global Lemongrass Oil Market
Prominent Players in the Global Lemongrass Oil Market
SWOT Analysis of Global Lemongrass Oil Market
Global Lemongrass Oil Market Future Outlook and Projections (FY 2025-FY 2034)
Recommendations from Analyst