Patchouli oil is defined as an essential oil which is obtained from the leaves of the patchouli plant considered native to South Asia. Such oil has a rich earthy scent and can be mixed with many other essential oils, providing richness and depth to the blend. Patchouli oil is used to prepare many designed fragrances as it have the ability to mix with other essential oil and offers long-lasting aroma. The two types of patchouli oil which can be obtained are light patchouli oil and dark patchouli oil. Further, patchouli oil is known to exhibit several health promoting properties such as antiseptic, antidepressant, antifungal, and anti-inflammatory.
MARKET DYNAMICS
The patchouli oil market has witnessed a significant growth owing to factors such as rising consumer orientation towards healthy lifestyle along with increase in application base across various end use industries. Moreover, increasing use of herbal products along with growing demand from perfumery industry provides a huge marketopportunity for the key players operating in the patchouli oil market. However, woody, musky, smoky & spicy smell associated with patchouli oil is projected to hamper the overall growth of the patchouli oil market.
MARKET SCOPE
The "Global Patchouli Oil Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global markettrend analysis. The report aims to provide an overview of the patchouli oil market with detailed market segmentation by type, application, and geography. The global patchouli oil market is expected to witness high growth during the forecast period. The report provides key statistics on the marketstatus of the leading patchouli oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global patchouli oil market is segmented on the basis of type and application.On the basis of type, the patchouli oil market is segmented into dark patchouli oil and light patchouli oil. On the basis of application, the patchouli oil market is segmented into perfumery, medicine, flavorings and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global patchouli oil market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The patchouli oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the patchouli oil market from both demand and supply side and further evaluates marketdynamics affecting the marketduring the 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 America after evaluating political, economic, social and technological factors affecting the patchouli oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the patchouli 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 activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from patchouli oil market are anticipated to lucrative growth opportunities in the future with the rising demand for patchouli oil in the global market. Below mentioned is the list of few companies engaged in thepatchouli oil market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in thepatchouli oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Eastern Agencies Aromatics Pvt. Ltd
- Firmenich SA
- Givaudan S.A.
- Nusaroma
- PT. BotanAgra Indonesia
- PT. Djasula Wangi
- Pt. Indesso Aroma
- Takasago International Corporation
- Treatt Plc.
- VANAROMA
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