Limonene Market Top Players, Global Trends, Business Opportunities, and Industry Forecast till 2022
“Globally, the market is predicted to grow at a CAGR of 6.08% in the forecast period due to the growing popularity of limonene in the personal care products, cleansers, and increasing demand for production of dietary supplements.�
The Global Limonene Market is subject to witness a substantial growth due to the growing popularity of limonene in the personal care products and cleansers, and increasing demand for production of dietary supplements. Limonene consists of anti-oxidant properties, and commonly known as a non-carcinogenic or mutagenic. These properties makes limonene a better option for dietary supplements and various nutrients instead of non-organic products. Additionally, increase in number of domestic applications is expected to fuel market demand for limonene in the upcoming years. Globally, the market is predicted to grow at a CAGR of 6.08% in the forecast period, providing numerous opportunities for market players to invest in research and development of the limonene market. However, volatility in cost of limonene & its variants is considered as key challenge for market growth. In addition, dependency of limonene market on agricultural productivity, the weather and other environmental factors are negatively affecting market growth to a certain extent. Availability of viable alternatives such as Myralene solvent with lower costs and similar properties is expected to restrain market as well. Yet, increase in import and export activities in North America region is expected to offer lucrative growth opportunities for regional industry players over the forecast period. Get Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/limonene-market/request-sample