Global demand for the limonin market was valued at approximately USD 384.5 million in 2018 and is anticipated to generate revenue of around USD 482.6 million by end of 2025, growing at a CAGR of around 3.3% between 2019 and 2025.limonin Industry share By Application,Region,Product Type
The report covers forecast and analysis for the limonin market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints for the limonin market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the limonin market on a global as well as regional level.
As per the report, the global demand for the limonin market was valued at approximately USD 384.5 million in 2018 and is anticipated to generate revenue of around USD 482.6 million by end of 2025, growing at a CAGR of around 3.3% between 2019 and 2025.
Limonin is also known as a limonoid. Limonin is a compound found in most citrus fruits. Limonin is developed in citrus fruits and is frequently found at higher concentrations in seeds of citrus fruits (Orange, Grapefruits, Lemons, etc.).
The global limonin market is experiencing significant growth that is anticipated to continue over the upcoming years. The massive rise in demand for limonin by growing food & beverages, healthcare, and chemical manufacturing industries is likely to act as a key driver of the market. The increasing popularity of limonin in the healthcare applications as an antioxidant and increasing demand for it in food supplements are expected to propel the limonin market in the upcoming years. Increasing urbanization, rapid industrialization, and population growth are expected to increase the demand for limonin during the years to come. The raw material availability and price volatility act as a restraining factor that may hamper the growth of the limonin market. The improved manufacturing process and technological innovations in emerging countries are likely to set new opportunities for the major players of the market.
|Report Attributes||Report Details|
|Report Name||Limonin Market Size Report|
|Market Size in 2018||USD 384.5 million|
|Market Forecast in 2025||USD 482.6 million|
|Compound Annual Growth Rate||CAGR of 3.3%|
|Number of Pages||110|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Key Companies Covered||Chemodex Ltd., ChemScene, LLC, Toronto Research Chemicals, Cayman Chemical, TCI America, ALB Technology, Carbosynth, Changsha Natural-ex Inc., and Aktin Chemical|
|Segments Covered||By Type,By end-user, And By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)|
|Countries Covered||North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
|Historical Year||2016 to 2020|
|Forecast Year||2022 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
The global limonin market is mainly segmented into type, application, and region. By type, the limonin market is mainly segmented into purity 98% and purity 95%. By application, the global limonin market is mainly segmented into healthcare, food & beverages, chemical manufacturing, and other applications.
In terms of revenue, the North America region dominated the limonin market followed by Europe and the Middle East Africa region in 2018. Growing demand for healthcare, chemical manufacturing applications in Asian countries such as India, China, Indonesia, and Thailand is expected to remain a key driving factor for the Asian limonin market.
The major players of the global limonin market include Chemodex Ltd., ChemScene, LLC, Toronto Research Chemicals, Cayman Chemical, TCI America, ALB Technology, Carbosynth, Changsha Natural-ex Inc., and Aktin Chemical Inc, among others.
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