Data Bridge Market Research analyses that the essential oil market was valued at USD 4.33 million in 2021 and is expected to reach the value of USD 16.39 million by 2029, at a CAGR of 18.1% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
A class and transparency is strictly maintained while carrying out research studies of the credible Middle East and Africa Essential Oil Market report to offer an exceptional market research report for a specific niche. By unearthing the best market opportunities, resourceful information is offered to prosper in the market. The report also measures market drivers, market restraints, challenges, opportunities and key developments in the market. With such data and facts it becomes easy to have an actionable ideas, enhanced decision-making and better mapping business strategies. Thus, the consistent and extensive market information of the winning Middle East and Africa Essential Oil Market business report will definitely help grow business and improve return on investment (ROI).
The persuasive Middle East and Africa Essential Oil Market research report gives thorough idea about the current scenario of the Middle East and Africa market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics. This market report is sure to help businesses for the informed and better decisions thereby managing marketing of goods and services. The report is best to gain a competitive advantage in this quickly transforming marketplace. Transparent, reliable and extensive market information of the wide ranging Middle East and Africa Essential Oil Market report will definitely develop business and improve return on investment (ROI).
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Market Analysis and Size
The essential oils market is primarily driven by the health benefits they provide. As a result, the market witnessed rapid growth in its application, as they are now used in almost every industry, from food and beverage to medicines and animal feed, and personal care products.
Essential oils are concentrated extracts of plant parts such as leaves, herbs, and barks. These are volatile, aromatic plant essences with flavouring properties that make them extremely useful in food and beverage, cosmetics, home care and cleaning, aromatherapy, and fragrance applications.
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 – 2019) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Type (Singles, Blends), Products (Lavender Oil, Lemon Oil, Orange Oil, Frankincense, Chamomile Oil, Lime Oil, Rosemary, Tea Tree, Patchouli Oil, Lavandin Oil, Lemongrass Oil, Citronella Oil, Balsam, Bergamot, Mandarine Oil, Eucalyptus Oil, Clove Oil, Cedarwood Oil, Coriander Oil, Basil Oil, Cornmint Oil, Peppermint Oil, Spearmint Oil, Litsea Cubeba Oil, Others), Application (Spa & Relaxation, Cleaning & Home, Food & Beverages, Medical, Others), Extraction Method (Distillation, Cold Press Extraction, Carbon Dioxide Extraction, Solvent Extraction, Others), Distribution Channel (Direct, Retail), |
Countries Covered | UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Market Players Covered | GrainCorp (Australia), Malteurop (France), Rahr Corporation (U.S.), Boortmalt (Belgium), Indesso (Spain), Lipoid Kosmetic AG (Germany), The Herbarie at Stoney Hill Farm, Inc. (U.S.), International Flavors& Fragrances, Inc. (Netherlands), Bell Flavors & Fragrances (France), Rutland Biodynamics Ltd. (Scotland), Prakruti Products Pvt. Ltd (India), Ambe Phytoextracts Pvt. Ltd. (Austria), The Green Labs LLC (Netherlands), Berje, Inc. (Italy), Umalaxmi Organics Pvt. Ltd. (India), DSM (Netherlands) |
Opportunities |
|
Drivers
Essential oil has a long shelf life because it does not oxidise or become rancid and does not degrade when subjected to high temperatures and pressure because of this property, it is used in a variety of skin care products, including moisturisers, facial cleansers, scar and stretch mark minimizers, and anti-acne gels, as well as hair care products, including conditioners, de-tangling creams, and hair regrowth serums.
In addition, essential oil contains a variety of vitamins and minerals, including vitamin E and B complex, silicon, chromium, copper, iodine, and zinc. As a result, it is used as a diet supplement and as a key ingredient in several pharmaceutical products for the treatment of sores, cuts, bruises, burns, and athlete’s foot and warts. Furthermore, as some plants seeds can be cultivated after five years, leading companies are investing in R&D activities to develop innovative and cost-effective technologies to ensure a consistent supply of oil resources.
Opportunity
Increased disposable income and standard of living are the major factors driving the growth of the essential oil market; increased demand for personal care products drives the market rapidly. The variety of essential oil applications in personal care products is expanding rapidly, which is likely to create new opportunities for essential oil market manufacturers during the forecast period.
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Recent development
Table of Content:
Section 01: executive summary
Section 02: scope of the report
Section 03: research methodology
Section 04: introduction
Section 05: Middle East and Africa Essential Oil Market landscape
Section 06: Middle East and Africa Essential Oil Market sizing
Section 07: five forces analysis
Section 08: Middle East and Africa Essential Oil Market segmentation by Technology
Section 09: Middle East and Africa Essential Oil Market segmentation by Application
Section 10: customer landscape
Section 11: Middle East and Africa Essential Oil Market segmentation by end-user
Section 12: regional landscape
Section 13: decision framework
Section 14: drivers and challenges
Section 15: Middle East and Africa Essential Oil Market trends
Section 16: competitive landscape
Section 17: company profiles
Section 18: appendix
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