Forecast: Essential Oils of Orange Market Size Value in China

The essential oils of orange market in China showed a fluctuating yet generally upward trend from 2013 to 2023, culminating at $193.83 million in 2023. Notable declines occurred in 2016 and 2019-2020, but the market bounced back with steady growth from 2021 onwards. The year-on-year growth rate was relatively stable from 2021 to 2023, maintaining around 3%. From 2024 onwards, forecasted figures indicate a continued growth trajectory, with a CAGR of 2.4% over the five-year span through 2028.

Trends to watch include increasing consumer demand for natural products, sustainability practices in production, and potential regulatory changes impacting the essential oils market, particularly focusing on organic certifications and new market entrants aiming to capitalize on these growth opportunities.

Top Countries about Orange