Mexico Essential Oils Market Size & Outlook, 2023-2030

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to essential oils market will help companies and investors design strategic landscapes.

Orange was the largest segment with a revenue share of 9.01% in 2023. Horizon Databook has segmented the Mexico essential oils market based on acorus calamus, ajowan, basil, black pepper, cardamom, carrot seed, cassia, cedarwood, celery, cinnamon, citronella, clove, cornmint, cumin seed, curry leaf, cypriol, davana, dill seed, eucalyptus, fennel, frankincense, garlic, ginger, holy basil, juniper berry, lemon, lemongrass, lime, mace, mustard, neem, nutmeg, orange, palmarosa, pepper mint, dmo, rosemary, spearmint, turmeric, vetiver, ciz-3 hexanol, tea tree covering the revenue growth of each sub-segment from 2018 to 2030.

Mexico is an important market for essential oils & floral extracts in North America region. The country is the second largest lemon producer and holds a significant share in lime and orange production across the globe. Southeast and Southwest regions of Mexico are the major lemon producers. Oaxaca, Guerrero, and Jalisco, among others, are several major lemon producing states in the country. Orange production in Mexico has witnessed a sharp increase in the past couple of years.

Tamaulipas is the major orange producing state of Mexico. However, excessive moisture and presence of pests have caused the death of many orange trees in past few years. Mexico lemon industry is dominated by processors, as the processors hold around 50% of the lemon plantation across the country. The dominating position of processors in plantation provides them control over the lemon supply for the production of essential oils, thus reducing the dependence on fresh fruit market for the extraction of essential oils.

Key essential oil companies are focusing on Mexico for the lime, lemon, and orange market owing to the suitable environment for production. Growth in lime, lemon, orange fruits along with other is projected to develop the essential oil & floral extracts market over the coming years.