Global Costus Root Oil Market Growth 2024-2030

Global Costus Root Oil Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Costus Root Oil market size was valued at US$ million in 2023. With growing demand in downstream market, the Costus Root Oil is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.

The research report highlights the growth potential of the global Costus Root Oil market. Costus Root Oil are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Costus Root Oil. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Costus Root Oil market.

Costus is commonly called as kuth which is a related to species of thistle in the genus Saussurea and is native to South Asian countries. Costus root oil is also called as costus root absolute or kuth oil. Costus root oil is obtained from the herbaceous plant which contains yellow composite flowers growing in the Himalayan highlands. Costus root oil is one of the rare essential oil which is extracted by using steam distillation method from the dried and comminuted roots of Saussurea lappa species. Costus root oil is also extracted from another method known as a vacuum distillation extraction method. In this method, the resinoid which is extracted from the costus roots is dissolved in a solvent for the production of oil. The appearance of the costus root oil obtained from vacuum distillation method has high viscosity and is light yellow to brownish in color. Costus root oil contains essential ingredients such as sesquiterpenoid lactones, bergamotenal, costol, and alpha-ionone. Costus root oil has various properties such as bactericidal, antispasmodic, expectorant, antiviral, carminative, febrifuge, stomachic, hypotensive, digestive, stimulant, and other properties. Costus root oil is used for producing perfumes and personal care products.

The global costus root oil market major driving factors are increasing demand for costus root oil in cosmetic industry for production of personal care products coupled with rising number of costus root oil based perfumes and scented candles are expected to represent a significant growth of the global costus root oil market over the forecast period. Costus root oil is used in applications such as body fragrances, bath oils, and others. Costus root oil is used in incenses, perfumes, lotions and personal care products. Costus root oil helps in strengthening immune system along with improving digestive tract problems. Costus root oil is also helpful in respiratory ailments such as asthma, bronchitis and chronic coughs. Costus root oil also helps in healing skin inflammation. Costus root oil helps is curing severe ulcers. Costus root oil is blended with violet, sandalwood, rose, vetivert, and others for the preparation of perfumes and cosmetics.

Key Features:

The report on Costus Root Oil market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Costus Root Oil market. It may include historical data, market segmentation by Type (e.g., Food-Grade, Industrial-Grade), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Costus Root Oil market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Costus Root Oil market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Costus Root Oil industry. This include advancements in Costus Root Oil technology, Costus Root Oil new entrants, Costus Root Oil new investment, and other innovations that are shaping the future of Costus Root Oil.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Costus Root Oil market. It includes factors influencing customer ' purchasing decisions, preferences for Costus Root Oil product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Costus Root Oil market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Costus Root Oil market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Costus Root Oil market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Costus Root Oil industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Costus Root Oil market.

Market Segmentation:

Costus Root Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Food-Grade
Industrial-Grade
Cosmetic-Grade

Segmentation by application
Food & Beverages
Cosmetics
Oriental Perfumes
Scented Candles
Confectionery
Air Fresheners
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Natural Essential Oils
The Good Scents
SVAorganics
Rakesh Sandal Industries
Kanta Enterprises
Swanson Health Products
White Lotus Aromatics
The Essential Oil
Alfaherbs
NutriPlex Formulas
Henan Ingredients

Key Questions Addressed in this Report

What is the 10-year outlook for the global Costus Root Oil market?

What factors are driving Costus Root Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Costus Root Oil market opportunities vary by end market size?

How does Costus Root Oil break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.