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The global eucalyptus essential oil market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032.
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The cosmetics and personal care segment is expected to significantly contribute to the industry growth over the forecast period. The eucalyptus essential oil is used as an active ingredient in various cosmetics and personal care products owing to the rising consumer demand for natural-ingredients based products. Further, eucalyptus essential oil has antioxidant and anti-inflammatory properties, thus, becoming a preferred choice of use among cosmetics and personal care manufacturers. In addition, the increasing demand for flavours and fragrances in beauty, personal care, and food and beverage industries is providing a further boost to the product sales. Meanwhile, there has been a rise in adoption of eucalyptus essential oil in medicinal supplements and pharmaceutical products due to its therapeutic and antiseptic properties, which is expected to further drive the demand for the product. These factors are significantly contributing to the growth of the industry.
Europe is expected to account for a significant share in the industry over the forecast period owing to the growing consumption of essential oil within the region, particularly in Western Europe. The rising demand from countries like Spain, Portugal, and others especially for fragrance and flavour applications, is driving the growth of the eucalyptus essential oil industry in Europe.
Eucalyptus essential oil is obtained through the steam distillation of eucalyptus, a diverse genus of flowering trees and shrubs. The plant is native to Australia and one of its main sources is the Eucalyptus globulus, an evergreen tree. The eucalyptus essential oil is known for its several beneficial properties like anti-fungal and antiseptic properties. It can also be used as an insect repellent agent.
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Based on nature, the market is divided into:
By type, the industry can be segmented into:
The various distribution channels available in the industry include:
On the basis of applications, the market can be categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The eucalyptus essential oil market is expanding as consumers turn to natural wellness solutions. Known for its antimicrobial, anti-inflammatory, and respiratory benefits, eucalyptus oil is widely used in pharmaceuticals, aromatherapy, and personal care products. Increasing awareness of essential oils’ health benefits is boosting market demand, along with a shift towards organic and plant-based alternatives. Key growth drivers include its applications in skincare, cleaning products, and aromatherapy, aligning with rising wellness trends. Leading producers focus on sustainable sourcing and innovative extraction methods to enhance product quality. With a steady CAGR forecasted, the market shows strong growth potential in North America, Europe, and Asia-Pacific regions.
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The growing health awareness among consumers is driving the demand for natural products, which is driving the growth of the eucalyptus essential oil industry. Further, the several health benefits of eucalyptus essential oil are resulting in its increased utilisation for therapeutic applications, thus, aiding the industry growth. Other factors like the escalating disposable incomes, rising standards of living, expanding retail industry, and the growth of the major end use sectors are significantly contributing to the industry growth. The rising popularity of aromatherapy is expected to be the major trend driving the market growth over the forecast period.
The report gives a detailed analysis of the following key players in the global eucalyptus essential oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Market Dynamics |
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Competitive Landscape |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Eucalyptus Essential Oil Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The major drivers of the market include rising disposable incomes, increasing preference for plant-based products and natural ingredients, growing population, increasing end use sectors, and thriving retail sector.
The increasing popularity of aromatherapy and growing health awareness are the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different nature of eucalyptus essential oil in the market are organic and conventional.
The major types of eucalyptus essential oil in the market are Eucalyptus Globulus, Eucalyptus Citriodora, and Eucalyptus Radiata, among others.
The significant distribution channels in the market are offline and online.
The leading applications in the market are food and beverage, aromatherapy, therapeutics, and cosmetics and personal care, among others.
The major players in the global eucalyptus essential oil market are dTERRA International, LLC, NOW Health Group, Inc., Augustus Oils Ltd., Plant Therapy Essential Oils, and Young Living Essential Oils, among others.
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