Tagetes oil is extracted from the flowers, leaves, and stalks of the tagetes minuta. Tagetes minuta belongs to a family of flowers, which includes daisies and sunflowers. Tagetes oil has a sweet, floral, fresh, and slightly fruity aroma. This oil has antimicrobial and antiviral components; thus, it serves as a powerful antiseptic for open wounds, sores, cuts, and even ulcerated skin. Tagetes essential oil is used within Asian cultures and the Ayurvedic practice for healing various respiratory problems. Due to its expectorant properties, tagetes oil can help to clear out excess mucus and phlegm that is stuck within the nasal and respiratory tracts, thus helping to ease congestion and facilitate a smoother, more unobtrusive breathing.
MARKET DYNAMICS
Rise in stress among the population due to hectic lifestyle, and rising preference for natural products that offer antiseptic and antimicrobial properties is boosting the sales of tagetes oil. The tagetes oil market has witnessed significant growth owing to factors such as rising awareness of the medical benefits offered by tagetes oil. However, the availability of other natural oil products is projected to hamper the overall growth of the tagetes oil market.
MARKET SCOPE
The "Global Tagetes 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 market trend analysis. The report aims to provide an overview of the tagetes oil market with detailed market segmentation by type, application, and geography. The global tagetes oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tagetes oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global tagetes oil market is segmented on the basis of type and application. On the basis of type, the tagetes oil market is segmented into industrial grade, pharmaceutical grade, and others. Based on application the market is segmented into medicine, pesticides, cosmetics, 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 tagetes oil market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tagetes 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 tagetes oil market from both demand and supply side and further evaluates market dynamics affecting the market during 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 tagetes oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the tagetes 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tagetes oil market are anticipated to lucrative growth opportunities in the future with the rising demand for tagetes oil in the global market. Below mentioned is the list of few companies engaged in the tagetes oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tagetes 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.
- R K Essential Oils Company
- Essentially Australia
- TM Kobashi Essential Oils
- Lotus Oils
- Mother Herbs (P) Ltd.
- India Essential Oils
- Synthite Industries Ltd
- Lala Jagdish Prasad And Company
- Nisarg life sciences india pvt. Ltd.
- Aramacs
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