Global Oregano Oil Market Report and Forecast 2024-2032

Global Oregano Oil Market Size

The global oregano oil market reached a value of approximately USD 3.71 million in 2023. The market is projected to grow at a CAGR of 10.2% between 2024 and 2032, reaching a value of around USD 8.75 million by 2032.

Global Oregano Oil Market Outlook

• Prominent oregano oil producing regions include Turkey, Eastern Europe, Greece, Albania, France, the USA (captive), Kenya, and Morocco.

• AOS Products Pvt. Ltd., Distilex Inc., and Aksu Gida San. ve Tic. Ltd. Sti. are a few of the major companies in the market. 

• As of 2023, Turkey is a leading oregano producer globally. In 2022, oregano exports from Turkey were estimated to be USD 54 million.

Global Oregano Oil Market Growth

One of the factors driving the market for oregano oil is its diverse applications in end use sectors including food and beverages, pharmaceuticals, and beauty and personal care. In the pharmaceutical sector, oregano oil is widely used in medicines related to fungal infections. It contains carvacrol, which is the main active compound and antioxidant that helps protect against toxins and fight fungal infections. According to reports, more than 300 million people globally might be affected by serious fungal infections each year.

Figure: Top 10 Pharmaceutical Producing Countries, Globally: Medicine Production Value in USD Billion, 2022

Oregano oil can help reduce rancidity in meat products and extend their shelf life. As global meat production is expected to grow by nearly 44 million tons by 2030, reaching a total of 373 million tons, the demand for oregano oil in meat products is anticipated to rise.

Key Trends and Developments

Health benefits, use in animal feed production, increasing pharmaceutical applications of oregano oil, and growing demand from the beauty and personal care sector are the factors driving the global oregano oil market growth

December 2023

Anpario plc and Saife Vetmed India Pvt. Ltd. signed a new manufacturing partnership agreement. Saife Vetmed, based in New Delhi, had successfully represented Anpario's flagship product Orego-Stim in India since 2008. Orego-Stim, developed and manufactured by Anpario, was a leading phytogenic feed additive made from 100% natural oregano essential oil, supporting animal health and performance.

September 2023

Balkaney Gıda, a subsidiary of Atlantis Investment Holding Inc., signed a Cooperation and Leasing Protocol with SS Kurtluca Agricultural Development Cooperative. The agreement established an oregano oil pressing factory in Pamukkale, Denizli, to extract organic oregano oil without PA (Pyrrolizidine Alkaloid), with a capacity of 2000 tons.

June 2022

CBS Bio Platforms partnered with EastGen to launch DOSTO® Caps feed technology for Canadian dairy and beef industries. This feed additive is enriched with ultra-high-quality oregano oil that supports the health and performance of calves while reducing dependence on antimicrobial use.

Health benefits offered by oregano oil

Oregano oils contain substantial amounts of antioxidants and play a beneficial role in weight management and infection treatment.

Oregano oil is used in animal feed production

Oregano oil is increasingly used in animal feed to enhance meat production and improve performance. Global animal feed production remained steady in 2023, reaching 1.29 billion metric tons.

Growing demand for oregano oil in the pharmaceutical sector

Oregano oil, known for its antibacterial and antifungal properties, reduces pain and inflammation while effectively combating infections, making it highly valuable in pharmaceutical applications.

Oregano oil in the beauty and personal care sector

Oregano oil is used to moisturise dry skin and brighten complexions due to its antimicrobial and antioxidant properties. With the beauty market expected to include 2.9 billion consumers globally by 2030, compared to 2.3 billion consumers in 2022, the demand for oregano oil in the sector is expected to increase.

Global Oregano Oil Market Trends

The antimicrobial, antiviral, antifungal, antioxidant, anti-inflammatory, and antidiabetic characteristics of oregano oil is increasing its use in treating skin conditions like canker sores, athlete’s foot, ringworm, psoriasis, rosacea, ringworm, and warts.

Furthermore, the rising cases of obesity and diabetes among individuals are aiding the market growth. Oregano oil helps in reducing weight and lower the cholesterol level. Reportedly, it is estimated that the total number of individuals with diabetes globally is expected to rise to 643 million by 2030 and 783 million by 2045. This is expected to increase the application scope of oregano oil within the pharmaceutical industry.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Oregano Oil Industry Segmentation

“Global Oregano Oil Industry Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Origin

• Organic

• Conventional

Market Breakup by Content

• Carvacrol 0% to 24%

• Carvacrol 25% to 50%

• Carvacrol 51% to 75%

• Carvacrol above 75%

Market Breakup by Distribution Channel

• Direct

• Indirect

Market Breakup by Application

• Food and Beverage

• Cosmetic and Personal Care

• Pharmaceuticals

• Animal Feed

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa  

Global Oregano Oil Market Share

By origin, conventional is expected to hold significant market share due to its cost-effectiveness

Reportedly, conventional oregano contains higher concentrations of chlorophylls and carotenoids, including beta-carotene., increasing its adoption for various end uses. Turkey is a major global producer of oregano. The Denizli province accounts for over 90% of Turkey's oregano production areas, with a production area of 199,822 decares in 2022.

The USDA has recognized organic oregano in its herbs and spices category, increasing its adoption in various applications such as food and beverages. Key countries cultivating organic oregano are Poland, and Turkey. Raw material providers in Turkey, such as Kutas Food Group and Caliskan Agriculture, offer organically grown oregano.

Leading Players in the Oregano Oil Market

Major market players are increasing their collaboration, partnership, and research and development activities to gain a competitive edge in the market

AOS Products Pvt. Ltd.

Headquartered in India and founded in 2009, the company is a leading manufacturer of menthol and mint derivatives, essential oils, carrier oils, and others. It offers comprehensive range of aromatherapy oils including oregano oil.

Distilex Inc.

Headquartered in Turkey and founded in 2019, the company produces essential oils and powder extracts rich in active ingredients. It offers comprehensive range of essential oils including oregano oil.

Aksu Gida San. ve Tic. Ltd. Sti.

Headquartered in Turkey, the company produces pure essential oils in Turkey, specializing in oregano oil and other essential oils. It offers comprehensive range of Oregano Oils which includes Wild Oregano Oil [Bulk], Wild Oregano Oil [Bottled], and Wild Oregano [Hydrosol], among others.

BOTANIKA TARIM

Headquartered in Turkey and founded in 2010, BOTANIKA TARIM specialises in the manufacture of essential and carrier oils. The company offers comprehensive range of essential oils which includes organic and conventional oregano oil.

Other key player in the oregano oil market include Efecan Badem A.S.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Global Oregano Oil Market Analysis by Region

North America is a prominent region due to the growing number of cosmetic businesses

There are more than 4,000 cosmetic and beauty products manufacturing businesses in the United States and Canada combined, with the total number of businesses growing by approx. 3% in the United States in 2023.

In Europe, oregano oil is widely used in the sustainable cosmetics industry and food processing industry. According to Cosmetics Europe the Personal Care Association, as of 2023, nearly 9,000 SMEs were involved in the manufacturing of cosmetics in Europe. Simultaneously, there are over 140 companies manufacturing cosmetic ingredients in Europe in 2024.

In the Asia Pacific, the oregano oil market is growing due to the focus on plant-based materials by cosmetic players. Asia Pacific is a major driving force in the growth of the global beauty and personal care sector with more than 50% share. Post 2022, 75% of companies in cosmetic industries are aiming for vegan or plant-based raw-material products.

Key Highlights of the Report

Oregano Oil Market Report Snapshots

Oregano Oil Market Size

Oregano Oil Market Growth

Oregano Oil Market Trends

Oregano Oil Market Share

Oregano Oil Companies

Oregano Oil Market Regional Analysis