Growth of Grapefruit Oil Market: Size, Demand, Applications and Forecast Till 2022

FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Grapefruit Oil Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global grapefruit oil market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

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Natural Segment is Dominant Amongst the Source Type Segment

As far as the global grapefruit oil market’s source type segment is concerned, the largest segment is natural, which represents more than two-third of the total value of the market at the end of the year 2017 and is growing at a moderate CAGR during the forecast period. The natural segment is growing at US$ 9.5 Mn annually over the course of the forecast period, and this absolute growth is larger than any other segment.

Absolute Segment in Form Type to Demonstrate a Moderate CAGR during the Forecast Period

As per the forecast of Fact.MR, the absolute segment is slated to reach a value of US$ 143 Mn in 2022. This segment is poised to demonstrate a moderate CAGR during the forecast period. Absolute segment is estimated to account for more than one-third of the revenue share of the form type segment by the end of the year 2017 and is expected to lose a bit of market share by the year 2022 end. The largest share is contributed by Europe region in absolute segment.

Therapeutics Segment is Estimated to Account for Nearly One-Fifth of the Revenue Share of the Application Segment By 2017

Fact.MR forecasts the therapeutics segment to reach a value of US$ 61.2 Mn in 2017. The therapeutics segment is slated to grow at a moderate CAGR during the forecast period. The largest share is contributed by Europe region in therapeutics market. This represented US$ 25.4 Mn, or 41.4% of the market in 2017.