According to the report published by Zion Market Research, the global Limonin Market size was valued at USD 335.49 Million in 2023 and is predicted to reach USD 566.8 Million by the end of 2032. The market is expected to grow with a CAGR of 6% during the forecast period.
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Market of Limonin: Drivers of Growth
Limonin is also referred to as a limonoid. Mostly citrus fruits contain the chemical limonin. Developed in citrus fruits, limonin is mostly present in citrus fruit seeds (Orange, Grapefruits, Lemons, etc.).
Significant global limonin market expansion is expected to keep on during the next years. Key drivers of the market are probably the enormous demand for limonin by expanding food and beverage, healthcare, and chemical manufacturing sectors. The limonin market is likely to be driven in the next years by growing demand for it in dietary supplements and increasing popularity of it in the healthcare applications as an antioxidant.
Rising urbanisation, fast industrialisation, and population expansion are likely to drive limonin demand over next years. The availability of raw materials and their price fluctuations function as a restraint that can limit the expansion of the limonin industry. For the main participants in the industry, the better manufacturing technique and technical developments in developing nations will probably create new prospects.
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The Global Limonin Market is segmented based on product, application and region
Global Limonin Market: Product Segment Analysis
● Purity 98%
● Purity 95%
Global Limonin Market: Application Segment Analysis
● Healthcare
● Food & Beverages
● Chemical Manufacturing
● Other Applications
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The Global Limonin market profiles key players such as:
● Chemodex Ltd
● ChemScene
● LLC
● Toronto Research Chemicals
● Cayman Chemical
● TCI America
● ALB Technology
● Carbosynth
● Changsha Natural-ex Inc
● Aktin Chemical Inc
Regional preview of the limonin market:
Revenue-wise, the North America area dominated the limonin market followed by Europe and the Middle East Africa region in 2018. Rising demand for healthcare as well as chemical manufacturing uses in Asian nations including India, China, Indonesia, and Thailand is expected to remain a primary driver for the Asian limonin market.
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