Limonene Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Limonene Market Report is Segmented by Source (Orange, Lemon, Mandarin, and Others), Application (Food and Beverage, Pharmaceutical, Cosmetics and Personal Care, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Limonene Market Size and Share

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Compare market size and growth of Limonene Market with other markets in Food & Beverage Industry

Limonene Market Analysis by Mordor Intelligence

The limonene market is valued at USD 361.29 million in 2025 and is forecast to reach USD 488.53 million by 2030, advancing at a 6.22% CAGR. Regulatory enthusiasm for biodegradable ingredients, especially those classified as GRAS, is accelerating the shift from petro-solvents toward citrus-derived alternatives. Food processors, fragrance formulators, and specialty chemical producers are adopting d-limonene because it combines pleasant sensory attributes with solvent power, thus addressing performance and sustainability goals in one molecule. Supply security continues to hinge on citrus harvest volumes, yet advances in closed-loop extraction and valorization of peel waste are widening the raw-material pool. Competitive differentiation centers on oxidation-control technologies, encapsulation systems, and vertically integrated sourcing strategies that help mitigate seasonal volatility and allergen risks.

Key Report Takeaways

  • By source, the orange segment led with 48.37% of limonene market share in 2024, while mandarin sources are projected to grow at a 7.45% CAGR between 2025-2030.
  • By application, food and beverage accounted for 43.36% of the limonene market size in 2024, whereas cosmetics and personal care applications are expanding the fastest at a 7.37% CAGR through 2030.
  • By geography, North America dominated with 34.02% revenue share in 2024; Asia-Pacific is poised to advance at a 7.68% CAGR over the forecast period.

Segment Analysis

By Source: Orange Dominance Faces Mandarin Disruption

Orange-based production led the limonene market in 2024, holding a 48.37% market share, driven by established juice-processing operations in the United States and Brazil. The decline in Florida's orange crop and phytosanitary issues has led the industry to explore alternative raw material sources. The increased use of mandarin peels, supported by orchard expansions in China and Spain, has contributed to market stability despite orange yield variations. The mandarin segment is projected to grow at a CAGR of 7.45% during 2025-2030. Processors have adopted microwave-assisted extraction and supercritical CO₂ technologies to enhance recovery rates from mandarins, lemons, and grapefruits. The increased demand for lemon oil in food applications has raised peel availability for terpene extraction, expanding the feedstock supply base.

Industry consolidation and technological advancement continue to shape the market. MCI Miritz's planned 2025 acquisition of Florida Worldwide Citrus Products aims to secure direct peel access, while research continues into fermentation-based limonene production to reduce dependency on seasonal harvests. The industry is transitioning toward a multi-feedstock approach to mitigate supply disruptions and develop diverse terpene profiles for specialized applications, including pharmaceutical excipients and high-purity solvents.

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Application: Cosmetics Outpaces Traditional Food Uses

The food and beverage segment held a 43.36% share of the limonene market in 2024, primarily due to its Generally Recognized as Safe (GRAS) status and simplified regulatory compliance. The cosmetics and personal care segment is experiencing the highest growth rate at 7.37% CAGR, driven by increasing demand for renewable solvents and regulatory restrictions on certain chemicals at the state level. Companies like BASF and IFF are developing limonene-based skincare ingredients and fragrance compounds to meet the demands of brands targeting environmentally conscious consumers.

The pharmaceutical sector is expanding limonene applications through research into its biological properties, developing new delivery systems such as transmucosal sprays and lipid-based nano-carriers. The industrial cleaning segment maintains stable growth, with its value proposition centered on safety certifications for electronics and aerospace applications. Across applications, market differentiation focuses on oxidation control, encapsulation technologies, and enhanced purity standards, allowing technical-grade manufacturers to achieve higher profit margins.

Limonene Market: Market Share by Application
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

North America accounts for 34.02% of the 2024 limonene market revenue, supported by established citrus processing infrastructure in California and existing EPA approvals that facilitate market expansion in food, household, and industrial applications. The Washington state cosmetics regulations and corporate sustainability initiatives drive increased demand for bio-based solvents, resulting in new supply agreements and regional production expansions. While Florida's citrus production has decreased significantly, processors maintain supply stability by utilizing California's 79% share of domestic citrus production and importing juice-concentrate peels from South America.

Asia-Pacific demonstrates the highest growth rate at 7.68% CAGR, driven by increasing consumer disposable income and preference for natural personal care products. China maintains stable citrus production for raw material supply, while India's and Japan's cosmetics industries incorporate limonene in various personal care products to meet environmental standards. Givaudan's establishment of a manufacturing facility in Indonesia demonstrates the region's strategic importance, providing access to raw materials and expanding consumer markets.

The European market operates under strict regulatory frameworks. The EU's circular economy initiatives support citrus waste utilization, while stringent allergen labeling requirements emphasize quality control. Premium fragrance manufacturers prioritize consistency and traceability, enabling processors to recover costs for stabilization and encapsulation processes. South America leverages its abundant citrus resources to export crude oil and refined terpene products to North American and European markets. The Middle East and Africa regions, though smaller markets, show increasing demand for natural cleaning solvents in their hospitality and food service industries.

Limonene Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The limonene market shows moderate concentration, with competition distributed among citrus processors, specialty chemical companies, and bio-based ingredient suppliers. Companies with integrated citrus processing capabilities and diverse application portfolios hold competitive advantages, particularly as supply chain management becomes essential due to seasonal variations and increasing demand. Industry leaders are pursuing vertical integration strategies by investing in citrus cultivation, extraction technologies, and downstream application development. Florida Chemical Company has strengthened its market position by obtaining EPA registration for technical-grade d-limonene.

Market opportunities exist in specialized applications, including pharmaceutical formulations, advanced packaging systems, and industrial biotechnology, where limonene's properties command higher prices. Companies are focusing on improving extraction efficiency, developing stabilization techniques, and implementing encapsulation methods for controlled release applications. Givaudan's 2024 SunThesis sustainable citrus replacements demonstrate the industry's efforts to address supply chain vulnerabilities through synthetic biology and alternative production methods.

Biotechnology companies are developing fermentation-based limonene production to reduce reliance on seasonal citrus harvests, though these methods are still in development. Success in the market increasingly depends on companies' ability to maintain consistent supply, ensure product quality, and comply with regulatory requirements across various jurisdictions and applications.

Limonene Industry Leaders

  1. Symrise AG

  2. DSM-Firmenich

  3. Takasago International Corp.

  4. ADM (Florida Chemical Company)

  5. Tradebe Life Sciences ( Florachem)

  6. *Disclaimer: Major Players sorted in no particular order
Florida Chemical Company, Firmenich SA, TROPFRUIT, NORDESTE S.A, Citrosuco, Sucorrico SA
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • April 2025: Tradebe Life Sciences acquired Florachem, a United States manufacturer and distributor of concentrated citrus fractions, extracts, and natural ingredients. The acquisition enabled Tradebe Life Sciences to enter the United States market and expand its production capabilities. This aligns with Tradebe's strategic expansion in the flavors and fragrances industry, building on its previous acquisitions in France and Spain.
  • March 2025: MCI Miritz Citrus Intercontinental GmbH's strategic acquisition of Florida Worldwide Citrus Products Group bolstered its manufacturing footprint in the United States, positioning the company to better serve the increasing consumer preference for natural citrus ingredients.
  • June 2024: Takasago Europe GmbH opened a new EUR 15 million quality assurance and research facility at its Zülpich site in North Rhine-Westphalia, Germany. The facility demonstrates the company's commitment to the region by expanding its quality assurance capabilities, laboratory space, and office capacity. The new building supports flavor and fragrance development while incorporating sustainable features, including rooftop solar panels and 100% renewable electricity usage.

Table of Contents for Limonene Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Use in Food Flavoring Due to its GRAS Status
    • 4.2.2 Use in Cosmetics for its Solvent and Fragrance-Carriying Properties
    • 4.2.3 Popularity in Aromatherapy and Wellness Products
    • 4.2.4 Functionality in Active Packaging for Shelf Life Extention
    • 4.2.5 Supportive Regulation Favoring Biodegradable Ingredients
    • 4.2.6 Utlization in Anti-Fungal and Anti-Bacterial Formulations
  • 4.3 Market Restraints
    • 4.3.1 Allergenic Reaction and Skin Sensitization Upon Oxidation
    • 4.3.2 Flammability IncreasesHandeling and Shipping Risks
    • 4.3.3 Seasonal Dependency on Citrus Harvest
    • 4.3.4 Lack of Awarness in Developing Markets
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Source
    • 5.1.1 Orange
    • 5.1.2 Lemon
    • 5.1.3 Mandarin
    • 5.1.4 Others
  • 5.2 By Application
    • 5.2.1 Food and Beverage
    • 5.2.2 Pharmaceutical
    • 5.2.3 Cosmetics and Personal Care
    • 5.2.4 Others
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 Italy
    • 5.3.2.4 France
    • 5.3.2.5 Spain
    • 5.3.2.6 Poland
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 United Arab Emirates
    • 5.3.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Tradebe Life Sciences (Florachem)
    • 6.4.2 Symrise AG
    • 6.4.3 DSM-Firmenich
    • 6.4.4 BASF SE
    • 6.4.5 Takasago International Corp.
    • 6.4.6 Moellhausen S.p.A
    • 6.4.7 Ernesto Ventós S.A.
    • 6.4.8 Arora Aromatics Pvt. Ltd.
    • 6.4.9 Sucorrico S.A.
    • 6.4.10 Privi Speciality Chemicals Limited
    • 6.4.11 SBBLG
    • 6.4.12 Lemonconcentrate S.L.U
    • 6.4.13 MCI Miritz
    • 6.4.14 Citrus and Allied Essences Ltd.
    • 6.4.15 VDH Organics Pvt. Ltd.
    • 6.4.16 Otto Chemie Pvt. Ltd.
    • 6.4.17 ChemFaces
    • 6.4.18 Indian Spice Oil Industries
    • 6.4.19 Central Drug House
    • 6.4.20 MISRI FUMET PVT. LTD.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Limonene Market Report Scope

The global limonene market is segmented by source and application. On the basis of source, the market is segmented intooranges, lemons, mandarin, and others. On the basis of application, the market is segmented intofood & beverages, pharmaceutical, cosmetics & personal care, and others.Also, the study provides an analysis of the limonenemarket in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Source Orange
Lemon
Mandarin
Others
By Application Food and Beverage
Pharmaceutical
Cosmetics and Personal Care
Others
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Poland
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa
By Source
Orange
Lemon
Mandarin
Others
By Application
Food and Beverage
Pharmaceutical
Cosmetics and Personal Care
Others
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Poland
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the limonene market?

The market stands at USD 361.29 million in 2025 and is projected to reach USD 488.53 million by 2030, showing a 6.22% CAGR.

Which source segment dominates supply?

Orange remains the main feedstock, accounting for 48.37% of limonene market share in 2024.

Which end-use segment is expanding fastest?

Cosmetics and personal care applications are forecast to grow at a 7.37% CAGR from 2025-2030, outpacing food uses.

Why is Asia-Pacific the fastest-growing region?

The region benefits from rising citrus cultivation, growing disposable income, and regulatory shifts favoring natural ingredients, resulting in a 7.68% CAGR outlook.

What are the main restraints on market growth?

Allergen formation during oxidation and the compound’s flammability raise compliance costs and logistics challenges.

Page last updated on: July 3, 2025

Limonene Market Report Snapshots