FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Orange Oil Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global orange oil market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.
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Following are the key predictions from Fact.MR’s forecast on the global market for orange oil.
1- Among regions, Europe is projected to remain the most lucrative market for orange oil during the forecast period. This is primarily due to presence of a large pool of premium class consumers in the region who seek for high quality beauty and wellness products, fragrances and natural cosmetics. The region is expected to command for over one-third market share in terms of revenue by 2017-end.
2- By product type, the bitter orange oil segment is anticipated to account for relatively higher share than other variants value share of the market through the forecast period. Bitter orange oil is usually obtained through cold-pressing and is use for manufacturing of various skincare products. Meanwhile, sweet orange oil sales are also expected to witness an uptick over the next five years. In terms of revenues, sweet orange oil sales currently command for nearly 23% share of the global market.
3- Between organic and natural oil, demand for the latter is projected to remain significantly strong in 2017 and beyond. Growing application of orang oil in therapeutics, food & beverages, toiletries, aromatherapy, cleaning & home, and fragrances products manufacturing is proving favorable for the future prospect of the market.
4- By distribution channel, the modern trade segment is projected to account for over 44% revenue share of the market by 2017 end and is likely to remain dominant throughout the assessment period.
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