At what pace is the orange terpenes market growing, and what is its estimated value?
The orange terpenes market size has grown strongly in recent years. It will grow from $5.43 $ billion in 2024 to $5.9 $ billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to expanding essential oils, expanding beverage industry, rising consumer preference for organic food, growing awareness of the benefits of natural aromatics, and increasing demand for bio-based chemicals.
The orange terpenes market size is expected to see strong growth in the next few years. It will grow to $8.15 $ billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to rising use of orange terpenes in animal feed, increasing popularity of citrus-based products, growing demand for natural flavor enhancers, rising consumer preference for chemical-free products, and growing investment in research and development. Major trends in the forecast period include advancements in green extraction technologies, use of artificial intelligence (AI) and machine learning in quality control processes, nanoencapsulation technologies, the adoption of automated distillation systems, and blockchain technology.
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What are the top drivers to the rising demand in the orange terpenes market?
The increasing shift towards organic products is expected to propel the growth of the orange terpenes market going forward. Organic products are cultivated and produced without synthetic chemicals, pesticides, or genetically modified organisms (GMOs), following strict guidelines focused on environmental care and animal well-being. The demand for organic products is primarily driven by increased consumer awareness of health and environmental concerns, leading people to prefer safer, chemical-free options. Orange terpene, a natural substance from orange peels, is used in organic products as a natural solvent and fragrance, providing an eco-friendly alternative to synthetic ingredients. For instance, in June 2022, according to a survey published by the Organic Trade Association (OTA), a US-based business association for the organic industry, organic industry sales surpassed $63 billion, with $1.4 billion (2%) in total growth over the preceding year. Additionally, organic food, which accounted for over 90% of organic product sales, experienced 2% growth, reaching $57.5 billion. Therefore, the increasing shift towards organic products is driving the development of the orange terpenes market.
How is the orange terpenes market segmented?
The orange terpenesmarket covered in this report is segmented –
1) By Product Type: Alpha-Pinene, Beta-Pinene, Limonene, Myrcene, Other Product Types
2) By Form: Liquid, Powder
3) By Source: Sweet Orange, Bitter Orange, Tangerine, Other Sources
4) By Extraction Method: Steam Distillation, Cold Press Extraction, Solvent Extraction, Supercritical Fluid Extraction
5) By End-Use Industry: Food And Beverage, Personal Care And Cosmetics, Household Care, Pharmaceuticals, Industrial Cleaning, Other End-Use Industries
Subsegments:
1) By Alpha-Pinene: Natural Alpha-Pinene, Synthetic Alpha-Pinene, Applications In Pharmaceuticals, Applications In Fragrances And Flavors
2) By Beta-Pinene: Natural Beta-Pinene, Synthetic Beta-Pinene, Applications In Fragrances, Applications In Personal Care Products
3) By Limonene: D-Limonene, L-Limonene, Applications In Cleaning Products, Applications In Food Flavoring, Applications In Cosmetics
4) By Myrcene: Natural Myrcene, Synthetic Myrcene, Applications In Aromatherapy, Applications In Food and Beverages
5) By Other Product Types: Terpinene, Cymene, Camphene, Fenchene
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Who are the top competitors in the orange terpenes market?
Major companies operating in the orange terpenes market are Archer-Daniels-Midland Company, Univar Solutions Inc., Firmenich SA, Symrise AG, Döhler Group SE, Sigma-Aldrich Corp, Citrosuco S.A., Robertet SA, Berjé Inc., Lebermuth Company, Ernesto Ventós S.A., Vigon International Inc., Ultra International B.V., Astrra Chemicals, Florida Chemical Company, Lemonconcentrate SLU, De Monchy Aromatics Limited, Graham Chemical Corporation, Pell Wall, Himalaya Terpenes Pvt Ltd., Jiangxi Global Natural Spice Co. Ltd
What significant trends should we anticipate in the orange terpenes market over the forecast period?
Major companies operating in the orange terpene market are developing tangy-flavored still water to cater to the growing consumer demand for refreshing and naturally flavored beverages. Tangy-flavored still water is a refreshing drink that infuses regular water with a vibrant, sharp taste, usually from natural fruit essences, providing flavor without any added sugars or calories. For instance, in April 2024, Hint, Inc., a US-based beverage company, launched Tangerine Hint. It is a new-flavored still water that delivers a zesty taste and is free from sugar, sweeteners, and calories. It is infused with pure fruit essences, and this refreshing drink offers an authentic tangerine flavor.
Which regional trends are influencing the orange terpenes market, and which area dominates the industry?
North America was the largest region in the orange terpenes market in 2024. The regions covered in the orange terpenes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Orange Terpenes Market Report 2025 Offer?
The orange terpenes market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Orange terpenes are natural compounds found in the peel of oranges, primarily composed of d-limonene. It belongs to the class of terpenes, which are aromatic compounds found in various plants. Orange terpene has a wide range of applications across several industries due to its pleasant citrus fragrance and versatile chemical properties.
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