openPR Logo
Press release

Agarwood Essential Oil Market is forecasted to reach US$ 240 Mn by the end of 2029

Agarwood Essential Oil Market is forecasted to reach US$ 240 Mn

Persistence Market Research has published a report on the agarwood essential oil market, which includes the global industry analysis 2014-2018 and opportunity assessment 2019-2029, and projects that the global agarwood essential oil market is expected to reach ~ US$ 100 Mn by the end of 2019 in terms of value, and is forecasted to reach ~ US$ 240 Mn by the end of 2029.

To remain 'ahead' of your competitors, request for a Sample@ https://www.persistencemarketresearch.com/samples/19708

According to the report, increasing application of agarwood essential oil in aromatherapy is contributing to the growth of the agarwood essential oil market through 2029. Increasing consumer experimentation regarding unconventional health problem aiding therapies is supporting the growth of the essential oils such as agarwood essential oil market and aromatherapy market.

The demand for agarwood essential oil is increasing continuously in the aromatherapy sector owing to healing and soothing properties of agarwood essential oil. Moreover, various skin properties of agarwood essential oil, such as anti-inflammatory and others are making it helpful in the aromatherapies.

Growing Popularity of Agarwood Essential Oil Creating Multiple Opportunities for Market Players

Agarwood essential oil is witnessing exponential demand from mature markets owing to the growing health awareness and benefits of natural organic essential oils on the hair and skin. According to the PMR report, consumers are getting aware of the ill effects of chemical-based, artificial or processed oil, hence they are inclined towards organic essential oils.

With increasing consumer disposable income in emerging nations, people are now able to afford premium or cost-sensitive products such as agarwood essential oil. These factors are significantly impacting the market growth. Mature markets are demanding organic products and hence, the manufacturers are focusing on organic essential oils reveals the PMR research study.

For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/19708

Key Market Participants Focusing on Business Expansion

The demand for agarwood essential oil continues to rise as it is becoming popular among consumers. People are spending on agarwood essential oil as it is not just an aromatic, sweet oil used for perfumery purposes, but has many other amazing super healing powers such as offering both physical and emotional relief for problems including insomnia, migraine, burns, skin problems, insect bites, infections, nervous tension, and stress.

As a result of these properties, the demand for agarwood essential oil is witnessing an increase in the market. By seeing the increasing demand and high margin on agarwood essential oil, the number of new entrants in this market is increasing continually. Also, the market players started focusing on production capacity expansion by seeing the growing demand for agarwood essential oil.

For instance, in 2018, ASSAM AROMAS executed agarwood plantation in Bhutan in order to enhance its presence and business of agarwood in the region. Also, in 2015, the Asia Plantation Capital Pte Ltd. acquired 260 acres of land in Malaysia for planting of two agarwood plantations, and also opened a new agarwood processing factory and research centre, in Johor, Malaysia.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/19708

PMR's business intelligence also underlines groundbreaking insights into the competitive scenario of the global agarwood essential oil market along with the highlights of the differential strategies implemented by the manufacturers.

Key players in the global agarwood essential oil market continues to invest in growth strategies, which are likely to help them retain or increase their market share in the global agarwood essential oil market. According to the report, manufacturers are also focusing on expansion of production capacity, which will help them increase their regional presence across the globe.

Read More Trending "PMR Exclusive Article"

Market Study on Cassia Extract: https://www.persistencemarketresearch.com/market-research/cassia-extract-market.asp

Global Market Study on Fruit Pulp: https://www.persistencemarketresearch.com/market-research/fruit-pulp-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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 Agarwood Essential Oil Market is forecasted to reach US$ 240 Mn by the end of 2029 here

News-ID: 2710418 • Views:

More Releases from Persistence Market Research

Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health Trends
Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health …
Overview of the Global Fruit Ingredients Market The global fruit ingredients market is witnessing significant growth, driven by rising consumer demand for natural, clean-label, and nutrient-rich food products. In 2025, the market is likely to be valued at US$ 75.0 billion and is expected to reach US$ 111.3 billion by 2032, registering a robust CAGR of 5.8% during the forecast period. Fruit ingredients, which include fruit concentrates, purees, powders, and extracts,
Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Plant-Based Demand
Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Pla …
Overview of the Market The global vegan dessert market is poised for significant expansion, with an estimated valuation of US$ 5.2 billion in 2025, projected to reach US$ 11.9 billion by 2032. This robust growth reflects a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2025 to 2032. Increasing consumer awareness about health, environmental sustainability, and ethical food consumption is driving the widespread adoption of vegan dessert
Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenience & Demand
Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenienc …
Overview of the Global Instant Beverage Premix Market The global instant beverage premix market has witnessed remarkable growth over the past decade, driven by evolving consumer lifestyles and increasing demand for convenient, ready-to-consume beverages. Instant beverage premixes, encompassing products such as instant coffee, tea, flavored drinks, protein powders, and nutritional supplements, cater to busy consumers seeking quick preparation without compromising on taste or nutritional value. These premixes have gained popularity across
Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Market Research
Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Mar …
The global dermacosmetics market, estimated at US$ 53 billion in 2025, is forecasted to witness a steady upward trajectory, expanding at a Compound Annual Growth Rate (CAGR) of 7.4% to reach US$ 87.3 billion by 2032. This surge is driven by a confluence of factors ranging from increasing consumer awareness and the rising incidence of skin conditions to a growing preference for advanced, dermatologist-backed skincare solutions. Dermacosmetics, a category that

All 5 Releases


More Releases for Agarwood

How to Setup an Agarwood Oil Processing Plant
Setting up an agarwood oil processing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Agarwood Oil Processing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a agarwood oil
Agarwood Oil Market Report Strategies for Sustainable Growth
Agarwood Oil Market Projected to Reach $447.07 Million by 2030, Driven by Rising Demand in Aromatherapy and Personal Care Sectors The global agarwood oil market is anticipated to achieve a valuation of approximately $447.07 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.42% during the forecast period. This growth is primarily attributed to the escalating demand for natural aromatic products in aromatherapy and personal care industries. Get a closer
Agarwood Oil Market Opportunities and Trends 2024-2030
Embark on a sensory adventure as we delve into the heart of the Global Agarwood Oil Market, where nature's mystique meets modern innovation. The market, set to burgeon to nearly US$ 424.1 Mn by 2029, showcases a harmonious blend of tradition and technological strides with a compelling CAGR of 5.42% during the forecast period. Resinous Elegance: The Agarwood Symphony Nestled in the vibrant landscapes of the Asia-Pacific, Agarwood, or Eaglewood, emerges as
Global Agarwood Oil Market Landscape: A Fragrant Legacy
In the heart of the Asia-Pacific region lies a hidden treasure - Agarwood, a resinous wood that transforms into the exquisite Agarwood Oil. This aromatic elixir, born from the depths of the Southeast, captivates the senses with its therapeutic properties and rich history. As we delve into the intricate world of Agarwood, the Global Agarwood Oil Market emerges as a dynamic landscape, poised to reach a staggering US$ 424.1 million
Agarwood Essential Oil Market Forecast 2023-2033: BIOLANDES SAS,Tien Phuoc Co., …
Agarwood essential oil is a highly sought after and valuable oil derived from the resinous heartwood of the agarwood tree. The agarwood tree, also known as Aquilaria, is primarily found in Southeast Asia and is known for producing a fragrant resin that is used in a variety of applications, including perfumes, incense, and traditional medicine. Request for Free Sample  @  https://www.persistencemarketresearch.com/samples/19708 The global agarwood essential oil market is expected to reach a
Global Agarwoods Market 2021 Industry Insights and Major Players are Swiss Arabi …
A dedicated research report titled Global Agarwoods Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027 provides a complete market scope and growth rate throughout the past present and forecast period 2021-2027. The report covers all-in information of the market, historical data of the market, and perspective on the global Agarwoods market. The report envelopes current market trends and dynamics which help in mapping the track of the