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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Helichrysum Oil Market Size
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.
Multifunctional Properties of the Helichrysum Oil to Aid the Global Helichrysum Oil Market
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.
Helichrysum Oil Market Report Snapshots
*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 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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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