The essential oils of lemon market in Italy demonstrated fluctuations over the past decade, with a notable increase from 64.922 million USD in 2012 to 101.76 million USD in 2022. The market showed a downturn in 2013 and 2019, but recovered afterwards, contrasted by pronounced growth peaks, particularly in 2018. Overall, the compound annual growth rate (CAGR) over the past five years stood at 4.78% by 2022.
Future trends to watch for:
- Sustainability concerns and organic certifications gaining importance among consumers.
- Potential market growth driven by rising consumer interest in aromatherapy and natural wellness solutions.
- Integration of lemon essential oils in new product lines and applications, potentially increasing demand.
- Impact of European Union regulations on product quality and marketing strategies.
