The North America Lemongrass Oil Market would witness market growth of 8.8% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 21.46 tonnes, showcasing a growth of 21.0% (2020-2023).
The lemongrass oil market encompasses various types of blends, each tailored for specific uses and advantages, reflecting current market trends. Blends often combine lemongrass oil with other essential oils such as lavender, eucalyptus, or tea tree, enhancing their therapeutic properties. These blends are widely used in aromatherapy for their stress-relieving and mood-enhancing effects. Consequently, the US market consumed 11.23 tonnes of blend oil in 2023.
The US market dominated the North America Lemongrass Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,815.2 Thousands by 2031. The Canada market is experiencing a CAGR of 11.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.2% during (2024 - 2031).
In skincare, lemongrass oil is valued for its astringent and antiseptic properties, making it beneficial for oily or acne-prone skin. It is used in cleansers, toners, and moisturizers to help cleanse pores, tone the skin, and reduce inflammation. The oil's natural fragrance also adds a pleasant scent to cosmetics. Lemongrass oil is incorporated into hair care products such as shampoos and conditioners because it strengthens hair follicles, reduces dandruff, and promotes scalp health. It helps to balance oily scalps and imparts a refreshing aroma to hair products. The rising hair care industry is translating into high demand for lemongrass oil.
Furthermore, as a fragrant essential oil, lemongrass is a popular ingredient in perfumes, colognes, and body sprays. It adds a citrusy and uplifting note to fragrance blends, contributing to their aromatic profile and enhancing appeal. Due to its antimicrobial and deodorizing properties, lemongrass oil is used in natural household cleaners and disinfectants. It helps to eliminate bacteria, fungi, and unpleasant odors from surfaces, making it a preferred choice for eco-friendly cleaning products.
The food processing sector in Mexico was one of the most active in the nation, with an annual growth rate of 4.3%. It was predicted to contribute $39.4 billion to the country's economy in 2020, according to the U.S. Department of Agriculture. As the food processing industry in Mexico grows, there is a heightened demand for natural and organic ingredients. Lemongrass oil, with its fresh citrus flavor, is increasingly sought after as a natural flavoring agent in a variety of food products. Furthermore, the Canadian cosmetics industry is heavily focused on skincare innovations. Lemongrass oil's antibacterial, anti-inflammatory, and antioxidant qualities make it useful for many skincare products, including lotions, serums, and creams. As per the International Trade Administration (ITA), in 2021, the Canadian cosmetics sector generated approximately USD 1.24 billion in income. Therefore, the rising cosmetics and growing food processing industries in the region drive the market's growth.
Free Valuable Insights: The Lemongrass Oil Market is Predict to reach USD 90.8 Million by 2031, at a CAGR of 9.2%
Based on Type, the market is segmented into Pure Oil, and Blend. Based on Application, the market is segmented into Fragrances, Personal Care & Aromatherapy, Food & Beverages, Pharmaceuticals & Medicinal Formulations, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Type (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)
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