Email
Password
Remember meForgot password?
    Log in with Twitter
Press Release

Bergamot Oil Continues to Be an Oligopolistic Landscape, Finds Fact.MR

Fact.MR has announced the addition of the “Bergamot Oil Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022"report to their offering.

This press release was orginally distributed by SBWire

Rockville, MD -- (SBWIRE) -- 01/10/2019 -- Key Findings

Oligopolistic Nature of Bergamot Supply Chain Continues to Pose Supply-Demand Challenges

The bergamot oil market place continues to be dominated by a few exporters as the main growing areas are concentrated in three countries – Italy (Calabria), Ivory Coast, and Brazil. Due to the nature of the product, bulk of bergamot is exported from these three countries to manufacturers all over the globe. The bottlenecks in access to raw material continue to pose challenges for bergamot oil manufacturers where pricing is dictated by a handful of players.

Supplement Industry to Serve as a New Venture for Bergamot Oil Manufacturers

Bergamot oil is being actively explored by the supplement industry recently. Multiple phenolic compounds found in bergamot oil deliver anti-oxidant, anti-inflammatory and cholesterol-lowering properties. The latter property is explored in nutraceuticals for developing cardio-protective supplements. A number of bergamot formulations in the form of supplements are available in the bergamot oil market or are in pipeline of clinical approvals.

Get Free Exclusive Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=87

Bergamot Oil Stakeholders Continues to Seek Lucrative Avenues in the Fragrance Industry

Use of bergamot oil as a perfume ingredient in the fragrance industry is highly valued since older times. Along with the fragrance, the bergamot oil has disinfectant properties and the combination of these properties are explored in the fragrance industry to manufacture fragrance oils that are used in the production of perfumes, deodorants, aromatherapy oils, air fresheners, cosmetics, skin care products and scented candles.

Approximately 4000 single fragrance ingredients including bergamot oil used in the fragrance industry are monitored through nation-specific regulations. Recent changes in the EU cosmetic legislation and future uncertainty of bergamot oil's categorization under safe natural fragrance ingredients is expected to present challenges to the bergamot oil market in Europe. If excluded from the cosmetics category, the bergamot oil market in Europe like is likely to witness an upward growth during the assessment period.

Pharma Sector Focusing on Exploring Bergamot Oil's Applications as an Active Pharmaceutical Ingredient (API)

Bergamot oil have been thoroughly investigated by the scientific community for their health benefits. Some of the active ingredients of the bergamot oil are studied to deliver anti-microbial, sedative and anxiolytic properties that are used for the treatment of upper respiratory tract disorders, depressive disorder and hyperhidrosis among others. The pharmaceutical industry also utilizes bergamot oil to absorb the unpleasant smells of medicinal products in addition to its health benefits. In addition, bergamot oil has been added to various country's official pharmacopoeias, thereby propelling the growth of the bergamot oil market.

Ask For Customized Report @ https://www.factmr.com/connectus/sample?flag=RC&rep_id=87

Stringent Regulations - A Challenge/Opportunity for Bergamot Oil Market Players

Use of essential oil in therapeutics is strictly monitored by NAHA and New Direction of Aromatics does not recommend ingestion of essential oil as therapeutic. Further, although bergamot oil is enlisted in the EU legislation of cosmetics, strict monitoring and frequent update of the safe natural fragrant ingredient list continue to pose challenges of compliance to manufacturers. On the other hand, compliance with regulatory standards can increase product transparency and help manufacturers to improve their brand image in the bergamot oil market.

Competitive Landscape

A dashboard view of the key stakeholders in the bergamot oil market is provided in the competitive landscape section. An exhaustive information regarding bergamot oil key producers, SMEs and suppliers is provided in the company profiles section. key companies profiled in the bergamot oil market report include Fischer S/A - Com. Ind. e Agricultura (Citrosuco Paulista SA), Citromax Flavors, Inc. (Citromax S.A.C.I.), Citrus and Allied Essences Ltd., Bontoux S.A.S., Lionel Hitchen Essential Oils Ltd., Citrus Oleo, Symrise AG, Young Living Essential Oils LC, Mountain Rose Herbs, Inc., and do Terra International.

Following the increased demand for essential oils, key players in the bergamot oil market are engaged in business strategies such as expansion and novel product introduction. For instance, Symrise, a leading global supplier of bergamot oil has acquired Citratus Fragrancias Industria e Comercio Ltda to strengthen their market position in the lucrative Brazil market.

For full coverage of the competitive landscape, get in touch with our experts.

Market Definition

Bergamot oil is extracted from bergamot (citrus bergamia) fruit after cold-pressing the rind of the ripe fruit. Bergamot oil contains important volatile chemical compounds such as limolene, linalool and others that provide beneficial health properties.

About the Report

Fact.MR's report on the bergamot oil market delivers the thorough analysis of the global market landscape. Focusing on the key trends prevailing in the market, the bergamot oil market report delivers an in-depth analysis of market drivers, restraints, and future opportunities. An exhaustive market analysis as such provides the most credible go-to forecast of the bergamot oil market during the forecast period 2017 – 2022.

Additional Questions Answered

Along with the aforementioned insights, the bergamot oil market report analyzes other vital market avenues as discussed below-

What are the key strategies of manufacturers in the bergamot oil market to maintain sustainability?
Which will be the rapidly expanding region in the bergamot oil market during forecast, considering the divergent production trends across global regions?
Based on the supply-demand scenario, which distribution channel is projected to lead the sales of bergamot oil in the bergamot oil market?

For more information on this report, please visit: https://www.factmr.com/report/87/bergamot-oil-market

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/

For more information on this press release visit: http://www.sbwire.com/press-releases/bergamot-oil-continues-to-be-an-oligopolistic-landscape-finds-factmr-1120117.htm

Media Relations Contact

Sudip Saha
Head of Marketing
Fact.MR
Telephone: 353-1-6111-593
Email: Click to Email Sudip Saha
Web: https://www.factmr.com/report/87/bergamot-oil-market

Latest News
Top News