Market Size of Lime Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 42.35 Billion |
| Market Size (2029) | USD 47.22 Billion |
| CAGR (2024 - 2029) | 2.20 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
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Lime Market Analysis
The Lime Market size is estimated at USD 42.35 billion in 2024, and is expected to reach USD 47.22 billion by 2029, growing at a CAGR of 2.20% during the forecast period (2024-2029).
- Lime is used as an ingredient for the production of citric acid, lime oil, lime juice, and other products which are used in household food items, as well as chores. Therefore, the growing demand for the products will eventually increase the demand for lime. As a result, the growing interest in health benefits and cleaning applications will be a major force driving the market.
- India is one of the largest lime producers, accounting for 3.5 million metric tons in 2021. The area harvested under limes in India was 3,22,000 hectares and 3,27,000 hectares in 2020 and 2021, respectively.
- Although India is one of the top producers of limes in the world, it has a negligible presence in the processing market. Most of the produced limes in the country are consumed as fruits. However, some parts of the production go into food, cosmetics, and pharmaceutical production. Both the flavor and fragrance processing industries have a demand for lime in India.
