"Research and Judgment Report on the Market Trends and Development Direction of China's Limonene Industry in 2025"

08/25/2025 10:20:56

In 2025, China's limonene industry will usher in a crucial stage of large-scale and high-quality development. The market size is expected to continue to grow, having reached 1.23 billion yuan in 2023 with an average annual compound growth rate of 15.6%. It is anticipated that the market will surpass 1.68 billion yuan in 2025.
In the upstream of the industry chain, raw material supply is concentrated in the main producing areas of citrus fruits. In the midstream, the penetration rate of supercritical CO2 extraction and molecular distillation technology has increased, driving product purity towards food-grade standards of over 98%. Downstream applications are diversified, with the largest proportion in the detergent field and a rapid increase in the proportion in the biomedical field.
Facing fluctuations in raw material prices and international competition, domestic enterprises have responded through technological research and development. To date, 16 enterprises have obtained ISO:21701 biodegradable certification. In the future, regional production clusters will accelerate formation, and R&D investment in high value-added products will increase. Export markets will primarily grow in countries along the "Belt and Road". Driven by policy support and the "dual carbon" goals, capacity utilization is expected to increase in 2025, and the profit margin of leading enterprises will remain in the range of 18%-22%.