Global Orange Terpenes Market Size, Share, and COVID-19 Impact Analysis, By Purity (98% Purity, and 99% Purity), By Application (Homecare, Industrial, Pharmaceutical, Personal Care, Food, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Chemicals & MaterialsGlobal Orange Terpenes Market Insights Forecasts to 2035
- The Global Orange Terpenes Market Size Was Estimated at USD 5.89 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.13% from 2025 to 2035
- The Worldwide Orange Terpenes Market Size is Expected to Reach USD 10.21 Billion by 2035
- Asia Pacific is expected to grow the fastest during the forecast period.
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The global orange terpenes market size was worth around USD 5.89 billion in 2024 and is predicted to grow to around USD 10.21 billion by 2035 with a compound annual growth rate (CAGR) of 5.13% from 2025 and 2035. Growing consumer desire for natural ingredients, sustainable sourcing, and advancements in terpene extraction and formulation technologies are driving the market for orange terpenes, which offer opportunities for growing applications in medicines, cosmetics, and environmentally friendly cleaning products.
Market Overview
The global industry that extracts, produces, distributes, and uses terpenes, particularly d-limonene, which are predominantly obtained from orange peels, is known as the orange terpenes market. The solvent qualities, biodegradability, and citrus scent of these naturally occurring aromatic compounds make them useful in a variety of industries, including food and beverage, cosmetics, medicines, and industrial cleaning. The market for orange terpenes is centered on the environmentally friendly solutions used in the food, pharmaceutical, cosmetic, and industrial sectors, as well as the commercial use and sustainable extraction of terpenes obtained from citrus.
The growing need for natural solvents and environmentally friendly cleaning products across a number of industries is driving the orange terpenes market. The demand for organic products is being driven by the global movement toward healthier and more sustainable lives. The primary factors propelling the orange terpenes market are the growing demand for the product from end-user industries like cosmetics and personal care, as well as their international expansion.
Report Coverage
This research report categorizes the orange terpenes market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the orange terpenes market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the orange terpenes market.
Global Orange Terpenes Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 5.89 billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.13% |
2035 Value Projection: | USD 10.21 billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 225 |
Tables, Charts & Figures: | 119 |
Segments covered: | By Purity, By Application |
Companies covered:: | Firmenich, Vigon International, Ventos Citrus Oleo, Flotek Industries, Inc., Florachem Corporation, De Monchy Aromatics, Southern Gardens Citrus, Tropicana Products, Inc., Florida Chemical Company, Citrosuco North America, Inc., Takasago International Corp., Cutrale Citrus Juices USA, Inc., Givaudan Flavors Corporation, Citrus and Allied Essences, Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The market for orange terpenes is driven by rising awareness of the negative effects non-biodegradable products have on the environment and the increasing appeal of orange terpenes because of their sustainability. The market has expanded even more quickly as a result of environmental laws designed to reduce volatile organic compounds. The adaptability of orange terpenes in both consumer and industrial applications contributes to the growth. The market for orange terpenes is expanding significantly due to the growing demand from a variety of industries for natural and environmentally friendly products.
Restraining Factors
Strict regulations, unstable raw material supplies, low consumer awareness in developing nations, and competition from synthetic substitutes with cheaper manufacturing costs are the main factors limiting the orange terpenes market.
Market Segmentation
The orange terpenes market share is classified into purity and application.
- The 99% purity segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the purity, the orange terpenes market is divided into 98% purity and 99% purity. Among these, the 99% purity segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Compared to orange terpenes with a lower purity number, those with 99% purity have better qualities and traits. For uses including perfumes, food additives, and pharmaceutical formulations that demand reliable performance and few contaminants, high purity is crucial.
- The home care segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the orange terpenes market is divided into home care, industrial, pharmaceutical, personal care, food, and others. Among these, the homecare segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The use of orange terpenes in home care settings is anticipated to develop as a result of the rising demand for fragrances, sprays, and perfumes. The growing demand from consumers for natural and biodegradable cleaning products is the main factor propelling the home care market.
Regional Segment Analysis of the Orange Terpenes Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the orange terpenes market over the predicted timeframe.
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North America is anticipated to hold the largest share of the orange terpenes market over the predicted timeframe. The demand for organic flavorings and additives among health-conscious customers is well-established in the North American region. The market for orange terpenes is being driven by the general increase in demand for natural and organic goods. The market is anticipated to see significant growth prospects due to the existence of a robust manufacturing facility that can generate orange terpenes and their products, as well as a large customer base. The market expansion in North America is further bolstered by the demand for orange terpenes as a bio-based cleaning product.
Asia Pacific is expected to grow at a rapid CAGR in the orange terpenes market during the forecast period. The growing demand for natural ingredients, growing industrial uses, and increased investments in sustainable product development across emerging nations are the main drivers of the Asia Pacific. A favorable atmosphere for market expansion is being created by the expanding middle class and their rising disposable income. The growth of the cosmetic industries in nations including South Korea, Japan, China, Thailand, and India is driving up demand for orange terpenes.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the orange terpenes market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Firmenich
- Vigon International
- Ventos; Citrus Oleo
- Flotek Industries, Inc.
- Florachem Corporation
- De Monchy Aromatics
- Southern Gardens Citrus
- Tropicana Products, Inc.
- Florida Chemical Company
- Citrosuco North America, Inc.
- Takasago International Corp.
- Cutrale Citrus Juices USA, Inc.
- Givaudan Flavors Corporation
- Citrus and Allied Essences, Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the orange terpenes market based on the below-mentioned segments:
Global Orange Terpenes Market, By Purity
- 98% Purity
- 99% Purity
Global Orange Terpenes Market, By Application
- Homecare
- Industrial
- Pharmaceutical
- Personal Care
- Food
- Others
Global Orange Terpenes Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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