Eucalyptus Oil Market Competitive Scenario, Drivers And Challenges Analysis Forecast

The global demand for eucalyptus oil remains an all-time high as applications like cosmetics, and drug manufacturing continue to rise. The global eucalyptus oil market is expected to grow at a notable 5.6% CAGR during 2017-2025, and reach a valuation of US$64.6 million in 2025.

For More Information: https://www.transparencymarketresearch.com/eucalyptus-oil-market.html

Apart from its core applications like cosmetics, and drugs, the market is also expected to witness major growth in emerging region of Asia Pacific. The increasing push for innovation in pharmaceutical products, and rising disposable income in the region, making way for risk-taking, and experimentation is expected to make way for significant growth.

Request For Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25910

Additionally, the global eucalyptus market is also riding growth on the back of increasing demand for natural products. The increasing health concerns and rising transparency with the advent of social media are expected to drive growth for the eucalyptus oil market. The large quantities of cineole content in eucalyptus oil promises major opportunities for growth as its medicinal value, and awareness continue to spread globally.

Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=25910

Rising Popularity of Gluten-free Products to Create New Opportunities

While demand for aromatherapy remains the major application for players in the eucalyptus oil, the rising demand for natural flavours in food and beverage have also created new opportunities for growth. Products like gluten free rice are increasingly preferred by vegans, thanks to their increased importance to health. Products like these are especially appealing to a large number of blue collar workers, whose routine consists of sedentary lifestyle, which results in a wide range of illnesses like bronchitis, pneumonia, and blood pressure among others. Moreover, the rising risk associated with meat products like red meat, also make this large group of working class people extremely wary of conventional foods with more fats, salts, and processed flavors. The natural quantities of eucalyptus oil, and increased familiarity with its taste will likely drive more growth for players in the eucalyptus oil market.

Buy Now : https://www.transparencymarketresearch.com/checkout.php?rep_id=25910<ype=S

North America and Europe to reach over $ 40 million in Valuation

The global market for eucalyptus oil remains in its infancy stages. However, the promising aspect to the story is, the market is growing at a brisk pace in some of the most challenging and lucrative regions. The demand for eucalyptus oil remains a key prospect in North America, and Europe, especially for new entrants. The market reached a valuation of $41.7 mn in 2017, growing at a CAGR of 5.6%. Moreover, the market has also shown promising growth in Asia Pacific, wherein rising disposable income, and conventional trends like herbal medicine, continue to drive demand for natural ingredient-based products.

Request for Covid19 Impact Analysis: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=25910

COVID-19 Impact on Eucalyptus Oil Market
The COVID-19 pandemic served as a major hindrance in the growth of many sectors and industries. Seeing the rapid rise in the COVID-19 cases, many countries imposed restrictions to contain the novel virus. The eucalyptus oil market was also affected due to the pandemic. While pharmaceutical and food and beverage industries were exempted from the lockdown restrictions, the cosmetic and personal care industry was shut down completely for a brief period. This factor damaged the growth prospects of the eucalyptus oil market to a great extent. Furthermore, supply chain and logistics were also affected due to the border restrictions imposed due to the pandemic.

Explore Transparency Market Research's award-winning coverage of the global Industry: https://www.prnewswire.com/news-releases/global-2-3-butanediol-market-to-rise-at-cagr-of-3-5-during-forecast-period-observes-tmr-study-301472266.html

Transparency Market Research has delved deeper into the eucalyptus oil market through extensive research. From competitive insights to the latest developments of the eucalyptus oil market, the TMR report covers various aspects necessary for formulating future business strategies. According to the predictions made by Transparency Market Research, the global market for eucalyptus oil is prognosticated to expand at a CAGR of 5.6% during the forecast period of 2017-2025. The eucalyptus oil market was valued at US$ 41.7 Mn in 2017 and is estimated to reach US$ 64.6 Mn by the end of the forecast period.

Contact

Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

This release was published on openPR.