Mandarin Oil Global Strategic Business Report 2024-2030: Expanding Applications of Mandarin Oil in the Pharmaceutical Sector Propel Market Demand [Yahoo! Finance]
SYMRISE AG UNSP/ADR (SYIEY)
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Source: Yahoo! Finance
The global market for Mandarin Oil was estimated at US$6.1 Billion in 2023 and is projected to reach US$10.3 Billion by 2030, growing at a CAGR of 7.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the mandarin oil market is driven by several key factors, including increasing consumer demand for natural and organic products, the expansion of applications in the cosmetics, food, and wellness industries, and the rising interest in aromatherapy and holistic health. One of the primary drivers is the growing consumer preference for natural, plant-based ingredients in food, personal care, and household products. As people become more aware of the potential health risks associated with synthetic chemicals, they are turning to natural alternatives like mandarin oil. Mandarin oil's appealing citrus fragrance, gentle therapeutic effects, and versatility make it a
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