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Orange Terpenes Market Analysis by Purity (98% Purity, and 99% Purity); and by Application (Homecare, Industrial, Pharmaceutical, Personal Care, Food, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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  • Givaudan and Manus Bio announced the launch of BioNootkatone, a sustainable and natural citrus flavor that can be used in a variety of food and beverages
  • Firmenich SA entered into a strategic partnership with Essential Labs, LLC, to provide natural, renewable, and sustainable fragrance solutions to entrepreneurial, independent businesses in the premium home segment of the United States and beyond

Global Orange Terpenes Market Highlights Over 2022 - 2031


The global orange terpenes market is estimated to garner a revenue of ~USD 11 Billion by the end of 2031 by growing at a CAGR of ~8% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of ~USD 5 Billion in the year 2021. The growth of the market can be attributed to its growing demand in industries such as cosmetics and personal care for its sustainability and biodegradability. For instance, there has been an increase in the revenue from the cosmetics industry accounting to more than USD 80 Billion in 2021


Orange Terpenes (d-limonene) is a completely bio-based product derived from the fractional distillation of orange oils at high vacuum. The nature of the manufacturing method allows for precise control of odor, purity, moisture, and color, resulting in a consistent product. Moreover, it is used in household and industrial cleaning applications as well as in flavor and fragrance industries. As per market studies, the global flavor and fragrance industry exceeded USD 35 Billion in 2021, greater than its approximate value of USD 30 Billion in 2019, and is expected to trend higher during the forecast period, increasing the orange terpenes market size.

Global Orange Terpenes Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Awareness of Health Benefits of Terpenes – Terpenes are known to improve immunity of the people to fight against the diseases and it is projected to boost the growth of the global orange terpenes market. With COVID cases still rising all over the World accounting to more than 579,092,623 confirmed cases, according to the data collected by the World Health Organization (WHO)
  • Rise in Demand in Aromatherapy - More and more people are seeking out essential oils and aromatherapy to help relax the mind, ease discomfort, induce sleep, and alleviate stress. As per the information published by the Centers for Disease Control and Prevention, around 4.7% of adults in the United States, aged 18 and over, deal with regular feelings of depression.
  • Rise in Environmental Pollution – There is a greater demand for biodegradable products made from orange terpenes and it is anticipated to drive the growth of the global orange terpenes market.

According to the World Bank, environmental pollution causes more than 11 million premature deaths worldwide,

  • Surge in Demand for Natural Cleaning Products – Natural cleaning products safely and effectively remove dirt, germs, and other contaminants, and prevent the spread of infectious diseases, helping us to stay healthy. According to the Centers for Disease Control and Prevention, there were about 7.2 million visits to the physician offices for infectious and parasitic diseases in United States alone, in the year 2018.
  • Increasing Use in Agriculture – Terpenes are being increasingly considered as alternatives for synthetic chemicals that are currently used as pesticides and insecticides. For instance, agriculture provides livelihood for nearly 50 per cent of the Indian’s population


  • May Cause Irritation or Rash if Exposed for Extended Periods
  • Stringent Government Regulations Imposed on Cosmetics and Personal Care Products
  • Influx of Cheaper Synthetic Alternatives

The global orange terpenes market is segmented and analyzed for demand and supply by application into homecare, industrial, pharmaceutical, personal care, food, and others. Out of these, the homecare segment is expected to experience a higher trajectory of growth on the back of rising population comes an increase in the number of households where cleaning solutions are employed for sanitation and protection against germs. In the United States alone, there were 122,354,219 million households and growing, as of 2020, according to the United States Census Bureau. Orange terpenes fight against infestation and also adds a fruity aroma to the scrubbed area. Hence, it is expected to drive the growth of the application in the market.

Major Macro-Economic Indicators Impacting the Market Growth


The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, the Chemical industry in the U.S. accounted for 16.43% of manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in the future. According to UNEP (United Nations Environment Programme), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, which accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. The easy availability of low-cost raw materials & labor, as well as government subsidies and relaxed environmental norms, have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for investment in businesses in Asia Pacific countries in the upcoming years.

Global Orange Terpenes Market Regional Synopsis

Regionally, the global orange terpenes market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Europe region is projected to hold the largest market share by the end of 2031 owing to the presence of established players in the region. There is a greater awareness and demand for organic and eco-friendly products in the region and the educated customers with increasing disposable income. There has been increasing disposable income that is valued at over USD 10 Trillion in 2020, according to Eurostat statistics. Therefore, the millennial consumer is unequivocal about spending money on quality even if they come at a higher price tag and it is projected to surge the growth of the market in the Europe region.


The global orange terpenes market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global orange terpenes market includes the following segments:

By Purity

  • 98% Purity
  • 99% Purity

By Application

  • Homecare
  • Industrial
  • Pharmaceutical
  • Personal Care
  • Food
  • Others

Top Featured Companies Dominating the Global Orange Terpenes Market

  • Firmenich SA
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Florida Chemical Company
  • Citrosuco
  • Florachem Corp.
  • Cutrale
  • Givaudan
  • Vigon International, LLC.
  • Flotek Industries, Inc.
  • Citrus and Allied Essences Ltd.



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