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The global helichrysum oil market is being driven by the rising product awareness. The market is expected to grow at a CAGR of nearly 6% in the forecast period of 2024-2032.
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The industry is invigorated by the growing popularity of the product as a superior herbal medicinal ingredient, used to cure several diseases and offer treatment with lesser side effects. The oil is used significantly for treating wounds, infections and digestive problems, respiratory problems, and supporting the nervous system and cardiac health. Since the oil is a rich source of compounds promoting antifungal, antibiotic, and antimicrobial properties, the demand for it is rising, thereby aiding the market growth. Further, the compounds found in the product aid in the secretion of gastric juices necessary for the breaking down of food and enhancing digestion. The product is also used extensively by the Turkish as a folk medicine to draw out excess water and relieve stomach-aches.
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Helichrysum oil is derived from the Helichrysum genus plant flowers. Primarily, these plant flowers are harvested in the countries, such as Spain, Italy, France, and the Balkans. It is popularly called "immortelle" and "everlasting” owing to its use in olden times and its mythological importance. Although this oil is considered as one of the most expensive oils, it is claimed to have the highest shelf life as opposed to other oils.
Based on type, the market is bifurcated into:
On the basis of source, the industry is divided into:
Based on application, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market is driven by the emerging interest of pharmacologists and health and wellness product manufacturers in the helichrysum oil as the product is filled with vital antioxidant properties owing to its acetophenones and phloroglucinols content. Other factors influencing the market growth include rapid urbanisation and industrialisation, enhancing living standards, and increasing per capita incomes.
The helichrysum oil is considered to be replete with full-body benefits due to its several properties, such as antioxidant, antifungal, antimicrobial, anti-inflammatory, antibacterial properties, corticoid-like effects, free radical scavenging activity, and inflammatory enzyme inhibition. The market is aided by the growing awareness of the product’s enriched health benefits through multiple social media platforms, further accelerating the demand for helichrysum oil.
The report gives a detailed analysis of the following key players in the global helichrysum 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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| Breakup by Type |
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| Breakup by Source |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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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. |
*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 6% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, growing adoption of the product as a herbal medicinal ingredient, and rapid urbanisation, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising awareness of the product and the robust marketing campaigns by the key players in the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of the product in the industry are organic and conventional.
The major sources of the product in the industry are plants, leaves, and flowers.
The significant application segments in the market are aromatherapy, pharmaceutical, food and beverage, and personal care, among others.
The major players in the industry are Mountain Rose Herbs, Rocky Mountain Oils, LLC, Ultra International B.V., Immortelle Therapy, d?TERRA International, LLC, and Frontier Cooperative, among others.
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Australia
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+61 448 06 17 27
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+91-858-608-1494
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+63 287899028, +63 967 048 3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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