United States Lemongrass (Cymbopogon Citratus) Extract Market was valued at USD 0.7 Billion in 2022 and is projected to reach USD 1.1 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The US Lemongrass (Cymbopogon Citratus) Extract Market has seen significant growth over the past few years, driven by its wide range of applications across various industries. Lemongrass, a tropical plant native to Southeast Asia, is highly valued for its aromatic properties and therapeutic benefits. As the demand for natural and organic ingredients in different sectors rises, lemongrass extract has become a staple in many formulations.
This extract, derived primarily from the leaves and stems of the lemongrass plant, is renowned for its refreshing, citrus-like fragrance. It is commonly used in the fragrance, cosmetic, and food industries. The versatility of lemongrass extract allows it to be utilized in various forms such as oils, teas, and extracts, making it a preferred choice for manufacturers seeking natural additives in their products.
Industries like food and beverage, skincare, and aromatherapy are leading the way in adopting US Lemongrass (Cymbopogon Citratus) Extract. In the food industry, it is used as a flavoring agent, particularly in beverages, soups, and marinades. The extract is also known for its antimicrobial properties, which are beneficial for preserving food products. In the skincare industry, its anti-inflammatory and antioxidant qualities make it an ideal ingredient in lotions, creams, and serums, offering both healing and rejuvenating effects on the skin.
The demand for lemongrass extract is increasing due to consumer preference for natural and sustainable ingredients. This shift towards organic products has prompted companies to explore sustainable farming practices to meet growing demand. The market for US Lemongrass (Cymbopogon Citratus) Extract is expected to continue to rise, fueled by the expansion of wellness trends and the increasing use of plant-based ingredients in various formulations.
Moreover, the aromatherapy industry also plays a significant role in the market, as lemongrass essential oil is known for its soothing and stress-relieving properties. The extract’s ability to promote relaxation and its natural antibacterial attributes make it a valuable addition to aromatherapy products.
In terms of market dynamics, the US Lemongrass (Cymbopogon Citratus) Extract market is expected to witness a surge in demand as more industries seek to incorporate eco-friendly and health-conscious ingredients in their products. With the increasing awareness of sustainability and natural remedies, it is clear that lemongrass extract will continue to play a prominent role in diverse markets, meeting the evolving needs of consumers.
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Anhui Great Nation Essential Oils Co.
Ltd.
Jiangxi Hengcheng Natural Flavor Oil Co.
Ltd
Nanchang Yang Pu Natural Essence & Spice Co.
EOAS
Van Aroma
Yunnan Aroma Source
Yunnan Tian Lake Essential Oil Company Ltd
Karimun Kencana Aromatics
Manohar Botanical Extracts Pvt. Ltd
Reho Natural Ingredients
VIETNAM ESSENTIAL OIL.
JSC
The Essential Oil Company
Phoenix Herb Company
Kanta Group
Bhoomi
Aromatic & Allied Chemicals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Lemongrass (Cymbopogon Citratus) Extract Market
Essential Oil
Powder Extract
Liquid Extract
Tea
Food and Beverages
Cosmetics and Personal Care
Pharmaceuticals
Household Products
Organic Lemongrass Extract
Conventional Lemongrass Extract
Food Industry
Cosmetics and Personal Care Industry
Healthcare Industry
Home Care Industry
Hospitality Industry
Direct Sales
Online Retail
Offline Retail
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Lemongrass (Cymbopogon Citratus) Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Lemongrass (Cymbopogon Citratus) Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Lemongrass (Cymbopogon Citratus) Extract Market, By Type
6. US Lemongrass (Cymbopogon Citratus) Extract Market, By Application
7. US Lemongrass (Cymbopogon Citratus) Extract Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Lemongrass (Cymbopogon Citratus) Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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