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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Rose Oil Market Trends
The global interest in wellness and natural health solutions has had a significant impact on the aromatherapy market, with rose oil emerging as a highly valued component due to its therapeutic properties. Rose oil is believed to have antidepressant, anti-inflammatory, and antispasmodic qualities, among others, and its scent is also renowned for being a powerful mood enhancer, capable of relieving stress, fighting anxiety, and promoting feelings of well-being and happiness. These properties make it a sought-after ingredient in the realm of aromatherapy, where the focus is on healing and soothing the mind, body, and spirit.
Players investing in emerging markets to expand their reach and diversify their presence is a crucial trend in rose oil market. Robertet S.A., a French-based company specialising in fragrances and flavours, announced in December 2023 that it intends to invest between €2 million and €10 million in the Indian market over the next decade. By investing in the Indian market, Robertet S.A. is diversifying its market presence, reducing its dependence on traditional markets, and mitigating risks associated with economic fluctuations in other regions.
Rose Oil Market Report Snapshots
Rose Oil Market Regional Analysis
*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
In 2023, the global rose oil market attained a value of nearly USD 346.93 million.
The global rose oil market is assessed to grow at a CAGR of 6.9% between 2024 and 2032.
The major market drivers include the rising use of rose oil as a flavouring agent, the robustly growing cosmetics sector, the increasing use of rose oil the perfume sector, and the rising middle-class population in emerging economies.
The rising demand for organic and natural cosmetics and personal care products, the growing focus on wellness and health, and the increasing use of rose oil as flavouring agent are the key trends guiding the market growth.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Based on product, market segmentations include organic and conventional.
The significant applications of rose oil are food and beverage, cosmetics and fragrances, and pharmaceuticals, among others.
The competitive landscape consists of Ernesto Ventos SA, Alteya Organics, LLC, Firmenich International SA, Robertet Groupe, Visagenics Premium Essential Oils, BERJÉ INC, Merck KGaA, and Enio Bonchev, among others.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 632.5 million by 2032.
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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
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124