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Geraniol Market Growth, Forecast and Value Chain 2017-2025
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Depending on geographic regions global Geraniol market is segmented into five key regions: North America, Latin America, Europe, APAC and ME. Geraniol industries are growing globally as a result of increasing demand for cosmetic industry. Europe has shown maximum growth in geraniol market as cosmetics market has seen growing in this region therefore geraniol market has seen increasing in forecast period for Europe region. Global market may increase in forecast period for geraniol due to its application and increasing demand in number of industries.
The geraniol market is primarily driven by cosmetics companies as maximum of geraniol is used in preparation of cosmetic products such as soaps, detergents, personal care products etc. Increasing demand of geraniol from cosmetics product manufacturers is increasing which is in turn growing market for geraniol globally. Geraniol used as flavoring agent, taste and odor enhancer in food industry, which increases demand for geraniol from food manufacturers which drives the growth of geraniol global market. In pharmaceutical industry, geraniol is used as an anti-inflammatory drug which drives demand for geraniol in pharmaceutical industry.
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Some of the key players identified across the value chain of the global geraniol market include Takasago International Corporation, BASF SE, UBM (UK) Ltd., Perfect Herbals & Oils, Natural Best Products Laboratoire S.L., Jiangxi Global Natural Spice Co. ltd. etc. are amongst.
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