+1-888-308-5802     
News Contact Us

Eucalyptus oil Product segment of essential oil market may witness significant gains at over 9.5% by 2024

Author : Rahul Sankrityayan | Published Date : 2019-03-18 

Essential oils play a vital role in treating dermatological issues such as acne, eczema, rashes & hives, psoriasis which makes them suitable for skin care cosmetics, thus stimulating industry growth. Increasing consumer alertness towards synthetic chemicals in the cosmetic products and their harmful effects will surge essential oils demand. Essential oils Market size is set to surpass USD 13 billion by 2024; according to a new research report by Global Market Insights, Inc.
 
Growing geriatric population suffering with various health ailments and searching for potential herbal treatments to avoid side effects of pharmaceutical chemical drugs will drive aromatherapy industry growth, thereby propelling essential oils market size.  Changing standards of living as led to occurrence of various mental issues such as depression, insomnia, anxiety and stress which has grown popularity of aromatherapy. Essential oils such lemon, lavender, sandalwood, jasmine, orange and rosemary oil help in combating these issues which is likely drive market growth.

Get Sample Copy of this Report @ www.gminsights.com/request-sample/detail/2391

Essential oils market size from cleaning & home care application  is anticipated to exceed USD 550 million by 2024. Growth in hospitality market along with companies introducing products with additional benefits including germ fighting, better cleaning, fragrance easy to use packs is likely to stimulate product demand in this sector.

Growing investments in research to develop microencapsulation for these products to ensure stability and quality to preserve them for flavoring application in beverages is likely to stimulate essential oils demand in this sector. In addition, technology advancement has examined its usage as antioxidant edible packaging film for food & beverage which may foster industry growth.

Procurement issues owing to specified storage and transportation conditions required, which is likely to add on cost and challenge industry profitability thereby negatively impacting market price trends.

France essential oils market may register gains up to 8.5% by 2024. Occurrence of major cosmetic manufacturing companies has led to increasing imports of these oils in this country, thus propelling product demand. Intensive marketing strategy of companies generating awareness about essential oils and aromatherapy is likely to foster industry growth.

India essential oils market will surpass USD 790 million up to 2024. Adoption of sustainable agriculture techniques which has led to large scale production raw materials including spices, lemon, orange, mint for oil extraction will propel industry growth.

Lavender oil market size is anticipated to reach over 20 kilo tons by 2024. It helps in combating serious health conditions like cancer, chronic anxiety & stress along with reverse signs of ageing, relieves pain, and headaches which makes it suitable for pharmaceutical, aromatherapy and cosmetic applications, thus driving product demand.

Inquiry of this Report @ www.gminsights.com/inquiry-before-buying/2391

Rosemary oil will witness robust growth owing to its wide usage in preventing hair loss, slowing graying of hair, relieving dandruff and moisturizing dry scalp has promoted its use in hair care products. Emerging trends of hair treatments, coloring and climatic conditions damaging the hair growth and leading to varied issue is likely to favor product demand in cosmetic formulations.

Global essential oils market share is competitive and moderately fragmented with major companies including Frutarom, Firmnich, BioLandes, DoTerra, Flacon Young Living, Rock Mountain Moksha Lifestyle, Flavex, Florihana, BO International.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Dog Food And Snacks Market is projected to expand at over 4% CAGR by 2025

Published Date: 2019-06-19         Author: Rahul Sankrityayan

Dog Food And Snack Market is forecast to exceed USD 75 billion; according to a new research report by Global Market Insights. Rapid urbanization and development have led to increase in elementary family’s, living in society, apartments, flats, etc. desire for adopting dog as a companion. It gu... Read More

Malic acid-based food acidulants market may surpass USD 165 million at the end of 2025

Published Date: 2019-06-19         Author: Rahul Sankrityayan

Food Acidulants Market is set to surpass USD 7 billion by 2025; according to a new research report by Global Market Insights, Inc. Food Acidulants Market size is anticipated to witness strong gains on account of its usage in beverages manufacturing industry. They are majorly utilized in beverages to... Read More

Global omega 3 based fatty acids market for food application may take over USD 2 billion by 2025

Published Date: 2019-06-19         Author: Rahul Sankrityayan

Fatty Acids Market for Food Applications is set to surpass USD 7 billion by 2025; according to a new research report by Global Market Insights, Inc. Rising concern for healthy eating and growing consumer awareness of  health benefits associated with essential omega 3 will drive the fatty acids ... Read More

© 2019 Fractovia. All Rights Reserved