Citral (C10H16O), also called 3,7-dimethyl-2,6-octadienal, a pale yellow liquid, with a strong lemon odour, that occurs in the essential oils of plants. It is insoluble in water but soluble in ethanol (ethyl alcohol), diethyl ether, and mineral oil. It is used in perfumes and flavourings and in the manufacture of other chemicals. Chemically, citral is a mixture of two aldehydes that have the same molecular formula but different structures.
In consumption market, the global sales value decreases with the 1.78% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In next two or three years, the production of citral would increase rapidly, which results from BASF putting into production in Malaysia and Zhejiang NHU new project of citral. So the international competition would be much keener. And then the price and gross would decrease. We predicted that the citral industry would present excess capacity status, while the demand exceeds supply recently.
Citral is mainly used in lemon essence, vitamin A, ionone, menthol and others. Report data showed that 5.93% of the citral market demand in lemon essence, 43.86% in vitamin A, 9.80% in ionone, and 31.84% in menthol in 2015. With the development of economy, these industries will need more citral. So, citral has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality citral through improving manufacturing process.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status. Also, there will be fluctuation in gross margin.

The Global Citral Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Citral Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

BASF
Kuraray
Zhejiang NHU
Kalpsutra Chemicals
Jiangxi Xuesong
Guangzhou Ri Huace
Jiangxi Global Natural Spices
Rajkeerth
Industrial and Fine Chemicals
Xinhua Nuowei

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Natural Citral
Synthetic Citral
In Market segmentation by applications :

Lemon Essence
Vitamin A
Ionone
Menthol
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Citral Market for the forecast period 2023 - 2030?
• What are the driving forces in the Citral Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Citral industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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