Eucalyptus Essential Oil Market is estimated to grow with a CAGR of 5.24% during the forecast period
Eucalyptus oil is a distilled oil made from the Eucalyptus
tree's leaf. Eucalyptus oil has a wide range of functions, including medicinal,
repellant, antibacterial, flavouring, aroma, and industrial applications. To
extract eucalyptus oil, the leaves of several eucalyptus species such as
eucalyptus globulus, eucalyptus kochii, and eucalyptus polybractea are steam
distilled. Eucalyptus oil has a variety of therapeutic properties. According to
studies, eucalyptus oil can help combat respiratory infections by destroying
bacteria, viruses, and fungi. It's also used to treat bronchitis, asthma,
plaque and gingivitis, and toenail fungus, among other things.
The report " Global Eucalyptus Essential
Oil Market, By Nature (Organic and Conventional), By Application (Anti-Microbial
Agent, Antiseptic Agent, Deodorizing Agent, and Insect Repellent Agent), By End
Use (Pharmaceutical Industry, Cosmetic Industry, and Others), By Distribution
(Direct and Indirect Channel), and By Region (North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and
Forecast till 2029’’
Key Highlights:
·
In June 2019,
Now Health Group Inc., the largest independent manufacturer of natural products
in the U.S., has been awarded with 2019 Best and Brightest Company to work for
in Chicago. The Company has most innovative and thoughtful human resources
approach and is 12th consecutive year of recognition for company.
·
The market for
eucalyptus oil in North America is driven by the United States and Canada, and
is predicted to increase significantly over the forecast period due to the
expansion of the food, personal care, and cosmetic industries. Food is one of
the main manufacturing industries in the United States, accounting for more
than 10% of all shipments, which should raise demand for eucalyptus oil. The
eucalyptus oil market in Europe, driven by the United Kingdom, Italy, and
Germany, is expected to develop significantly over the forecasted period, owing
to the existence of numerous small and large-scale cosmetic producers in this
region.
Analyst View:
Over the projected period, the cosmetics and
personal care segment is predicted to make a substantial contribution to market
growth. Due to increased customer demand for natural-ingredients-based goods,
eucalyptus essential oil is employed as an active ingredient in a variety of
cosmetics and personal care products. Eucalyptus essential oil also contains
antioxidant and anti-inflammatory effects, making it a popular ingredient in
cosmetics and personal care products. Furthermore, the growing demand for
flavours and fragrances in the beauty, personal care, and food and beverage
industries is boosting product sales. Meanwhile, due to its therapeutic and
antibacterial capabilities, eucalyptus essential oil is increasingly being used
in medicinal supplements and pharmaceutical goods, and this trend is projected
to continue.
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Key Market Insights from the report:
The global eucalyptus essential oil market report
segments the market on the basis of nature, application, end use, distribution,
and region.
·
Based on
Nature, Global Eucalyptus Essential Oil Market is segmented into Organic and
Conventional.
·
Based on Application,
Global Eucalyptus Essential Oil Market is segmented into Anti-Microbial Agent,
Antiseptic Agent, Deodorizing Agent, and Insect Repellent Agent.
·
Based on
End-User, Global Eucalyptus Essential Oil Market is segmented
into Pharmaceutical Industry, Cosmetic Industry, and Others.
·
Based on
Distribution, Global Eucalyptus Essential Oil Market is segmented into Direct
and Indirect Channel.
·
By Region, the
Global Eucalyptus Essential Oil Market is segmented into
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa.
Competitive Landscape & their strategies of
Global Eucalyptus Essential Oil Market:
Advancements in the product as well as in
manufacturing process, product launches, and strategic partnerships are some
trends witnessed in the global eucalyptus essential oil market. Some of the
major key players include doTERRA Internaitonal LLC, AOS, Inc., Now Health
Group Inc., Plant Therapy Essential Oils, NHR Organic Essential Oils, Biolandes
International Limited, Augustus Oils Ltd., Aromaaz International, Lionel LLC
and Young Living Essential Oils LC
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent
technological advances and innovations influencing the global market are
included in the report.
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