Lavender Oil Market Global Demand-Mature Europe lavender oil market should show robust demand in future
Consumers both in developed and developing countries are spending more on organic essential oil products including lavender oil owing to their health benefits. Lavender oil is considered to have unique properties that are beneficial for the skin, hence, used in various skincare products. Over the years, application of lavender extract, oil and essence in food and beverage products has also increased to a substantial level. Lavender oil application in food and beverage products is expected to create an absolute $ opportunity of US$ 7.65 Mn between 2016 and 2024.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/15187
Despite the increasing popularity of substituent products such as the lavendin, players operating in the market remain focused on introducing newer lavender oil products. Moreover, development of advanced product formulations methods, especially for personal care products is anticipated to stimulate the market growth.
Additional Highlights from the Report Include
According to PMR’s report, global lavender oil market is expected to reach US$ 124.2 Mn, reflecting a CAGR of 6.2% between 2016 and 2024.Owing to increasing inclination of consumers towards single oils of high quality and high purity, demand for absolutes and concentrates of lavender oil is likely to surge during the forecast period. In 2016, lavender concentrates accounted for a staggering 49.0% revenue share of the market.Lavender oil will continue to find robust application is personal care products during the forecast period. By the end of 2024, personal care products will contribute nearly US$ 45.1 Mn to the global lavender market.
In addition to Europe, North America and APAC will remain as the other two leading markets for lavender oil. Owing to the presence of prominent manufacturers and suppliers of lavender oil in North America, the region’s market is expected to witness a steady growth during the assessment period. The market in APAC is expected to be driven by the growing demand for lavender oil products in emerging countries such as China and India.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/15187
Some of the key players in the global lavender oil market include doTERRA International, LLC, Young living essential oils LC, Takasago International corporation, International Flavours & Fragrances Inc., Aromaland Inc., Symrise AG, Givaudan SA, Firmenich S A, Rocky Mountain Soap Co., and China Flavors and Fragrances Company Limited. To strengthen their market position, many of these companies are going into strategic alliances and also concentrating on further technological advancements to improve product line.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
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 Lavender Oil Market Global Demand-Mature Europe lavender oil market should show robust demand in future here
News-ID: 1522777 • Views: 335
More Releases from Persistence Market Research
The next 10 years to see a sea alteration in the Surgical Drill Bits Market thro …
The Surgical Drill Bits Market ought to witness an explicit In Upcoming Years. With geographical barriers out of sight, track-and-trace programs are on the verge to reach their zenith in the timespan mentioned above. This could be credited to OEMs trying to reach out to the end-users remotely through virtual setups. Plus, people are getting a broader choice regarding choosing the experts. This holds for preventive as well as curative
Building Automation Systems Market Will Be Valued At US$ 248 Bn By 2031 End
The global building automation systems market is valued at more than US$ 85 Bn in 2021, and is expected to mint better revenue by the end of 2031, reaching approximately US$ 248 Bn. The market will continue its journey toward expansion while recording a phenomenal CAGR of 11.3% over the next ten years. In reference to a new report published by Persistence Market Research, the global building automation systems market
Consistent Innovation To Boost The Phonocardiograph Instrument Market
The Phonocardiograph Instrument Market is expected to climb up the ladder of persistence in the next decade. With various healthcare apps on the anvil, there are also mindfulness apps being tabled. They fall in the category of "Wellness apps". With the world wishing for the post-Covid era to function smoothly, these wellness apps are expected to take the healthcare vertical by storm further. Phonocardiograph instrument is a medical device which create
Datacenters Market to Reach US$ 155 Bn by the end of 2031|Key Players- Google In …
Datacenters Market 2022 The report on Datacenters Market provided based on the recent developments and data that has been collated from the previous year's looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning
More Releases for Lavender
Global Lavender Essential Oil Extract Market
Market Research Mentor Data has launched a research report on the Global Lavender Essential Oil Extract Market that predicts future market trends and current market trends. It includes analytic data of the lavender essential oil extract Market about growth rate, size, market trends, profitability, manufacturers, applications, historical data, popular regions, etc. The valuable detailed research report created by skilled industry experts, who are experienced in this research industry. This report
United States Lavender Oil Market Report 2018
Worldwide Market Reports added Latest Research Report titled “United States Lavender Oil Market Report 2017” In this report, the United States Lavender Oil market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the United States market into seven regions: The West ,Southwest ,The Middle Atlantic ,New
Lavender Oil Market Industry Analysis, Trend and Growth, 2016-2024
Personal Care application segment poised to dominate the global lavender oil market The Personal Care segment had the highest market share of more than 34% in 2016 and it is poised to grow at a CAGR of 6.6% for the period 2016 to 2024 in terms of value. The Personal Care segment by application is predicted to gain 1.1 basis points in the year 2024 as compared to 2016. Personal care
Global Lavender Oil 2017 Market Analysis Report
ReportsWeb.com has announced the addition of the “Global Lavender Oil Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Global Lavender Oil market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Alteya Group Sydney Essential Oil Co Biolandes Essential Oils of New Zealand Farotti Essenze Falcon H. Reynaud & Fils (HRF) The Lebermuth
Global Lavender Oil Market Professional Survey Report 2016
This report mainly covers the following FALSE Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India The players list (Partly, Players you are interested in can also be added) Shirley price Bay House Florial/Florihana Oshadhi Jurlique Alexander Essentials Argital Escents PrettyVally Green Valley In Essence L’occitane Norfolk Natural Touch Browse Complete Report Summary with TOC: http://www.reportbazzar.com/product/global-lavender-oil-market-professional-survey-report-2016/ Neals Yard Remedies（NYR） Perfect Potion Old Tree Quinessence Edens Garden AFU NOW Foods Aveda Puritan’s Pride Aura Cacia（Frontier） Mountain Rose Herbs Piping Rock Radha Beauty Aqua Oleum Meadows Camden-Grey Essentialwholesale Anatolian Treasures Aroma Land Base Formula Pure Destiny Young Living Somatherapy Gaiagarden Camenae Herborist With 40 top producers. Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=603125&ptitle=Global+Lavender+Oil+Market+Professional+Survey+Report+2016&req=Sample Data including (both global
Lullaby Lavender Program
Bangkok – May 27th, 2016: Suffering from sleepless nights? Let Devarana Spa puts you into a slumber with a Lullaby Lavender Program - an emergency assistance for those who suffers from sleep deprivation to get the rest they need. Poor sleep has a major impact on how a person functions during the day. Sleep-deprived people are chronically tired, moody and potentially depressed. To help the restless get sufficient rest, Devarana