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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Rose Oil Market Regional Analysis
The demand for rose oil market in Europe is shaped by a combination of cultural preferences, regulatory standards, and a strong inclination towards natural and organic products. Europe, with countries like France and Italy at the forefront, has a rich history and a globally recognised tradition in perfumery and cosmetics and this heritage creates a continuous demand for high-quality natural ingredients like rose oil, known for its exquisite fragrance and beneficial skin properties. The European Union has strict regulations regarding cosmetic and food products, particularly concerning the use of synthetic chemicals and additives and this regulatory environment favours the use of natural ingredients like rose oil, perceived as safer and more sustainable options.
| CAGR 2024-2032 - Market by | Region |
| Europe | 7.6% |
| Asia Pacific | 7.0% |
| North America | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
The rose oil market in the Asia Pacific is expected to witness sizeable growth in the foreseeable future. In many Asian cultures, roses and rose oil have been used for centuries in traditional medicine, religious ceremonies, and personal care rituals. Countries like India and China have a long history of using rose oil in Ayurvedic and traditional Chinese medicine, respectively, for its purported health benefits, including anti-inflammatory and mood-enhancing properties, which boost product demand.
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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