Citronella Oil Market Booming: Projected to Reach USD 79303 Million by 2032

Growth Drivers and Market Outlook

The global citronella oil market is poised for significant growth over the next decade, driven by rising demand in the fragrance and cosmetic industries. According to a recent study by Polaris, the market is expected to reach USD 79303 million by 2032, expanding at a CAGR of 4.8% from 2023 to 2032.

Key Market Trends

The increasing use of citronella oil in mosquito repellents is a major growth factor for the market. Citronella oil contains Citronellal, a natural insect repellent that is highly effective against mosquitoes and other insects. As awareness of the dangers of mosquito-borne diseases such as malaria and dengue fever increases, demand for citronella oil-based repellents is expected to continue to grow.

Another key driver for the market is the growing demand for natural and organic products in the fragrance and cosmetic industries. Citronella oil is a natural essential oil that has a pleasant, citrusy scent and is often used in perfumes, candles, and skincare products.