CITRUS OIL MARKET ANALYSIS

Citrus Oil Market, By Product Material (Orange, Lemon, Lime, Grapefruit, and Others), By Application (Personal Care, Food and Beverages, Pharmaceuticals, and Aromatherapy), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In April 2024, Berjé Inc. completed the acquisition of Global Citrus International and Acelim del Peru, expanding its presence in the essential oils and fruit products market. These Peruvian entities have significant regional operations and have established strategic partnerships with Citrolim SA de CV in Mexico, which will help Berjé source high-quality ingredients and strengthen its global supply chain.
In November 2023, Prinova announced its acquisition of Flavor Tec, a Brazil-based producer of citrus oil. This strategic move is expected to facilitate Prinova's expansion into the South American market and strengthen its technological and operational capabilities.