Vetiver Oil Market, By Application (Medical, Food & Beverage, Spa & Relaxation (Aromatherapy, Massage Oil, Personal Care), Cleaning & Home, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Vetiver Oil Market, By Application (Medical, Food & Beverage, Spa & Relaxation (Aromatherapy, Massage Oil, Personal Care), Cleaning & Home, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Vetiver oil is an essential oil extracted from the roots of Chrysopogon zizanioides, a tropical grass that is native to India. It has wide applications ranging from perfumes to therapeutics due to its properties. The grass grows abundantly in tropical regions and the oil extracted through steam distillation has a woody, earthy smell. It contains chemical compounds like vetiverol and khusimol that make it an effective fragrance and fixative in perfumes. Vetiver oil also exhibits antioxidant, antiseptic, anti-inflammatory, and sedative properties, making it widely used in aromatherapy for conditions like stress, insomnia, skin problems, etc. The growing awareness about its therapeutic applications as well as its usage as a natural fragrance in perfumes and cosmetics is driving significant demand in the global vetiver oil market.
Market Dynamics:
The global vetiver oil market is expected to witness moderate growth over the forecast period owing to several factors. The growing popularity of aromatherapy for relaxation and its use in premium fragrances is a major driver for the market. Increasing awareness about its therapeutic properties like anti-inflammatory, antiseptic, and sedative effects is boosting its consumption in skin and personal care products. Rising demand for natural ingredients in cosmetics is also driving the sales of vetiver oil. However, the market growth is restricted by its high production cost due to labor-intensive extraction process and climate dependence. Fluctuations in supply due to changes in climatic conditions in tropical regions is another challenge. Opportunities lie in the expanding Ayurvedic and herbal cosmetic industry in developing regions. Growing research on additional therapeutic applications of vetiver oil also presents new avenues.
Key Features of the Study:
This report provides in-depth analysis of the global vetiver oil market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global vetiver oil market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include International Fragrance Flavor Inc., Lluch Essence SL, UniKode S.A., Frager S.A., Robertet Group, Ernesto Ventos S.A., Floracopeia Inc., Fleurchem Inc., Haiti Essential Oil Co. S.A., Aadhunik Ayurveda, Botanic Healthcare, and Rakesh Sandal Industries
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global vetiver oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vetiver oil market
Detailed Segmentation-
By Application:
Medical
Food & Beverage
Spa & Relaxation
Aromatherapy
Massage Oil
Personal Care
Cleaning & Home
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
International Fragrance Flavor Inc.
Lluch Essence SL
UniKode S.A.
Frager S.A.
Robertet Group
Ernesto Ventos S.A.
Floracopeia Inc.
Fleurchem Inc.
Haiti Essential Oil Co. S.A.
Aadhunik Ayurveda
Botanic Healthcare
Rakesh Sandal Industries
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Vetiver Oil Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Vetiver Oil Market
Impact Analysis
5. Global Vetiver Oil Market, By Application, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Medical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
Segment Trends
Food & Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
Segment Trends
Spa & Relaxation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
Sub Segment Trends
Aromatherapy
Massage Oil
Personal Care
Cleaning & Home
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
Segment Trends
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
Segment Trends
6. Global Vetiver Oil Market, By Region, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020-2031
North America
Introduction
Market Size and Forecast, By Application, 2019 – 2031, (US$ Mn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Mn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Application, 2019 – 2031, (US$ Mn))
Market Size and Forecast, By Country, 2019 – 2031, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Application, 2019 – 2031, (US$ Mn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Application, 2019 – 2031, (US$ Mn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Application, 2019 – 2031, (US$ Mn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Mn)
GCC Countries
Israel
Rest of Middle East & Africa
7. Competitive Landscape
Market Share Analysis
Company Profiles
International Fragrance Flavor Inc.
Company Overview
Application Portfolio
Recent Developments/Updates
Lluch Essence SL
Company Overview
Application Portfolio
Recent Developments/Updates
UniKode S.A.
Company Overview
Application Portfolio
Recent Developments/Updates
Frager S.A.
Company Overview
Application Portfolio
Recent Developments/Updates
Robertet Group
Company Overview
Application Portfolio
Recent Developments/Updates
Ernesto Ventos S.A.
Company Overview
Application Portfolio
Recent Developments/Updates
Floracopeia Inc.
Company Overview
Application Portfolio
Recent Developments/Updates
Fleurchem Inc.
Company Overview
Application Portfolio
Recent Developments/Updates
Haiti Essential Oil Co. S.A.
Company Overview
Application Portfolio
Recent Developments/Updates
Aadhunik Ayurveda
Company Overview
Application Portfolio
Recent Developments/Updates
Botanic Healthcare
Company Overview
Application Portfolio
Recent Developments/Updates
Rakesh Sandal Industries
Company Overview
Application Portfolio
Recent Developments/Updates
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. Section
References
Research Methodology
About Us and Sales Contact
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