openPR Logo
Press release

Bergamot Oil Market Research Report - Forecast to 2022

10-11-2018 01:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR

Key Findings

Oligopolistic Nature of Bergamot Supply Chain Continues to Pose Supply-Demand Challenges

The bergamot oil market place continues to be dominated by a few exporters as the main growing areas are concentrated in three countries – Italy (Calabria), Ivory Coast, and Brazil. Due to the nature of the product, bulk of bergamot is exported from these three countries to manufacturers all over the globe. The bottlenecks in access to raw material continue to pose challenges for bergamot oil manufacturers where pricing is dictated by a handful of players.

Supplement Industry to Serve as a New Venture for Bergamot Oil Manufacturers

Bergamot oil is being actively explored by the supplement industry recently. Multiple phenolic compounds found in bergamot oil deliver anti-oxidant, anti-inflammatory and cholesterol-lowering properties. The latter property is explored in nutraceuticals for developing cardio-protective supplements. A number of bergamot formulations in the form of supplements are available in the bergamot oil market or are in pipeline of clinical approvals.

Bergamot Oil Stakeholders Continues to Seek Lucrative Avenues in the Fragrance Industry

Use of bergamot oil as a perfume ingredient in the fragrance industry is highly valued since older times. Along with the fragrance, the bergamot oil has disinfectant properties and the combination of these properties are explored in the fragrance industry to manufacture fragrance oils that are used in the production of perfumes, deodorants, aromatherapy oils, air fresheners, cosmetics, skin care products and scented candles.

Approximately 4000 single fragrance ingredients including bergamot oil used in the fragrance industry are monitored through nation-specific regulations. Recent changes in the EU cosmetic legislation and future uncertainty of bergamot oil’s categorization under safe natural fragrance ingredients is expected to present challenges to the bergamot oil market in Europe. If excluded from the cosmetics category, the bergamot oil market in Europe like is likely to witness an upward growth during the assessment period.

Get Sample Report at https://www.factmr.com/connectus/sample?flag=S&rep_id=87

Pharma Sector Focusing on Exploring Bergamot Oil’s Applications as an Active Pharmaceutical Ingredient (API)

Bergamot oil have been thoroughly investigated by the scientific community for their health benefits. Some of the active ingredients of the bergamot oil are studied to deliver anti-microbial, sedative and anxiolytic properties that are used for the treatment of upper respiratory tract disorders, depressive disorder and hyperhidrosis among others. The pharmaceutical industry also utilizes bergamot oil to absorb the unpleasant smells of medicinal products in addition to its health benefits. In addition, bergamot oil has been added to various country’s official pharmacopoeias, thereby propelling the growth of the bergamot oil market.

Stringent Regulations - A Challenge/Opportunity for Bergamot Oil Market Players

Use of essential oil in therapeutics is strictly monitored by NAHA and New Direction of Aromatics does not recommend ingestion of essential oil as therapeutic. Further, although bergamot oil is enlisted in the EU legislation of cosmetics, strict monitoring and frequent update of the safe natural fragrant ingredient list continue to pose challenges of compliance to manufacturers. On the other hand, compliance with regulatory standards can increase product transparency and help manufacturers to improve their brand image in the bergamot oil market.

Competitive Landscape

A dashboard view of the key stakeholders in the bergamot oil market is provided in the competitive landscape section. An exhaustive information regarding bergamot oil key producers, SMEs and suppliers is provided in the company profiles section. key companies profiled in the bergamot oil market report include Fischer S/A - Com. Ind. e Agricultura (Citrosuco Paulista SA), Citromax Flavors, Inc. (Citromax S.A.C.I.), Citrus and Allied Essences Ltd., Bontoux S.A.S., Lionel Hitchen Essential Oils Ltd., Citrus Oleo, Symrise AG, Young Living Essential Oils LC, Mountain Rose Herbs, Inc., and do Terra International.

Following the increased demand for essential oils, key players in the bergamot oil market are engaged in business strategies such as expansion and novel product introduction. For instance, Symrise, a leading global supplier of bergamot oil has acquired Citratus Fragrâncias Indûstria e Comércio Ltda to strengthen their market position in the lucrative Brazil market.

For full coverage of the competitive landscape, get in touch with our experts.

Market Definition

Bergamot oil is extracted from bergamot (citrus bergamia) fruit after cold-pressing the rind of the ripe fruit. Bergamot oil contains important volatile chemical compounds such as limolene, linalool and others that provide beneficial health properties.

About the Report

Fact.MR’s report on the bergamot oil market delivers the thorough analysis of the global market landscape. Focusing on the key trends prevailing in the market, the bergamot oil market report delivers an in-depth analysis of market drivers, restraints, and future opportunities. An exhaustive market analysis as such provides the most credible go-to forecast of the bergamot oil market during the forecast period 2017 – 2022.

Additional Questions Answered

Along with the aforementioned insights, the bergamot oil market report analyzes other vital market avenues as discussed below-

What are the key strategies of manufacturers in the bergamot oil market to maintain sustainability?
Which will be the rapidly expanding region in the bergamot oil market during forecast, considering the divergent production trends across global regions?
Based on the supply-demand scenario, which distribution channel is projected to lead the sales of bergamot oil in the bergamot oil market?
Report Analysis at https://www.factmr.com/report/87/bergamot-oil-market

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bergamot Oil Market Research Report - Forecast to 2022 here

News-ID: 1296922 • Views: 188

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Bergamot

Bergamot Oil Market - Which will be the rapidly expanding region in the bergamot …
Fact.MR has compiled a market research study on the bergamot oil market that delivers compelling insights regarding the evolving global landscape. The report foresees that the bergamot oil market is expected to witness a moderate CAGR of 3.9%. Steady demand in the fragrance industry, emerging applications in the supplements and growing utilization of natural ingredients in the pharma sector are expected to propel the bergamot oil market. Myriad of applications across multiple industries
Bergamot Oil Market will Account for Around US$ 29.7 Mn in the year 2022
The global bergamot oil market is forecasted to demonstrate a moderate CAGR during the forecast period of 2017 to 2022 as per the latest research report released by Fact.MR. The report estimates that the revenue from the global bergamot oil market will reach US$ 29.7 Mn in the year 2022. The wide ranging benefits of Bergamot oil have made it popular amongst the consumers across all the regions of the world
Bergamot Oil Market Bergamot oil has a variety of uses due to which it is becomi …
About Bergamot oil Market The global bergamot oil market is forecasted to demonstrate a moderate CAGR during the forecast period of 2017 to 2022 as per the latest research report released by Fact.MR. The report estimates that the revenue from the global bergamot oil market will reach US$ 29.7 Mn in the year 2022. Get Sample copy of this Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=87 The wide ranging benefits of Bergamot oil have made it
Bergamot Oil Market Forecast for Incremental CAGR Growth by 2022
Bergamot oil is a name designated after the city of Bergamo located in Lombardy, Italy, and is derived from cold-pressing the rind of an almost-ripe fruit of the bergamot tree. It is also known as Citrus bergamia and belongs to the Rutaceae family. The bergamot tree is grown by the cross-breeding of the lemon tree with the orange tree, due to which it has a pear-like shape, and is yellow
Global Bergamot Organic Essential Oil Market Consumption, Manufacturers Analysis …
Qyresearchreports include new market research report "Global Bergamot Organic Essential Oil Market Professional Survey Report 2017" to its huge collection of research reports. The exhaustive report here gathers various viewpoints having a place with the overall Bergamot Organic Essential Oil marketplace which verbalizes the prevailing-day records and destiny exposures as regards to the dynamic forces at play. The prime motive for the examination report is to offer the endorser with an
Current Trends and Future Growth of Global Bergamot Organic Essential Oil Market
Qyresearchreports include new market research report on Bergamot Organic Essential Oil to its huge collection of research reports. The exhaustive report here gathers various viewpoints having a place with the Bergamot Organic Essential Oil market which verbalizes the present-day information and future exposures with reference to the dynamic forces at play. The prime purpose for the examination report is to offer the endorser with an expansive layout and make available the