Limonene is an oral dietary supplement containing a natural cyclic monoterpene and major component of the oil extracted from citrus peels with potential chemo preventive and antitumor activities. Limonene is widely used as a flavor and fragrance and is listed to be generally recognized as safe in food by the food and drug administration.
Limonene is extracted from citrus peels and is mainly concentrated in Brazil, USA and Europe. Currently, there are many producing companies in the world limonene industry. The main players are Florida Chemical Company, Firmenich, Tropfruit, Citrosuco, Citrus Oleo and Ernesto Ventós. The global production of limonene increases to 42944 MT in 2017 from 38371 MT in 2012 with average growth rate of 2.28%. Global limonene capacity utilization rate remained at around 80% in 2016.
In consumption market, the global consumption value of limonene increases with the 3.67% average growth rate. And USA and Brazil are the main consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 59.49% of the global consumption volume in total.
Limonene has many grades, which include pharmaceutical grade, food grade and industrial grade. And each type has application industries relatively. With pharmaceutical value and flavor effect of limonene, the downs downstream application industries will need more limonene products. So, limonene has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance limonene through improving technology.

The Global Limonene Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Limonene 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-

Florida Chemical Company
Firmenich
Tropfruit
Citrosuco
Citrus Oleo
Ernesto Ventós
Sucorrico
Agroterenas Citrus
Florachem
Lemon Concentrate

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 :

Pharmaceutical Grade
Food Grade
Industrial Grade
In Market segmentation by applications :

Pharmaceuticals Industry
Food Additives
Daily Chemicals Products
Chemical Industry
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Limonene Market for the forecast period 2023 - 2030?
• What are the driving forces in the Limonene 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 Limonene 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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