MARKET INTRODUCTION
Herbs can be obtained from the leaves of both non-woody plants and herbaceous. Herb oils or herbal oils, also known as essential oils, are liquid extracts obtained from hydrophobic plants. These oils are often used in complementary and alternative medicine, such as aromatherapy. These oils have the ability to serve as natural pesticides, eliminating the need for synthetic products. There has been an increase in demand for herbal products and natural medicines, indicating that these products are becoming more mainstream. As a result, in the coming years, the herbal oil demand is expected to expand steadily.
MARKET DYNAMIC
Factors driving the growth of the herbal oil market rising consumer preference for natural personal care products, and increasing demand for flavors and fragrances from key end-use industries. However, limited availability of raw materials is likely to hamper the growth of the market. Moreover, growing awareness for herbal products in developing markets is likely to create growth opportunities in the market.
MARKET SCOPE
The "Herbal Oil Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of herbal oil market with detailed market segmentation by type, and end user. The herbal oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in herbal oil market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The herbal oil market is segmented based on type, and end user. Based on type, the market is categorized as orange, corn mint, eucalyptus, citronella, clove leaf, and others. Based on end user, the market is categorized as pharmaceuticals, food and beverages, spa and salon products, cosmetics and personal care products, household cleaning products, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the herbal oil market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The herbal oil market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting herbal oil market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the herbal oil market in these regions.
MARKET PLAYERS
The report covers key developments in the herbal oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from herbal oil market are anticipated to have lucrative growth opportunities in the future with the rising demand for herbal oil in the global market. Below mentioned is the list of few companies engaged in the herbal oil market.
The report also includes the profiles of key players in herbal oil market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- Farotti Essenze
- H.Reynaud & Fils (HRF)
- Falcon
- Moksha Lifestyle Products
- Biolandes
- Ungerer Limited
- TFS Corporation
- Essential Oils of New Zealand
- Young Living Essential Oils
- RK-Essential Oils
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.