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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Rising Demand from the Major Application Sectors to Augment the Eucalyptus Essential Oil Industry Growth
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 Market Report Snapshots
Eucalyptus Essential Oil Market Size
Eucalyptus Essential Oil Market Growth
Eucalyptus Essential Oil Companies
*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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Key Questions Answered in the Report
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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