Press release
India Essential Oils Market Size, Development, Key Opportunity, Application & Forecast to 2030
In terms of value, the India essential oils market is anticipated to expand at a CAGR of ~4% from 2020 to 2030. Growing trend of adoption of ayurvedic products and rising demand for natural personal care products in India are factors driving the essential oils market in the country. Growth of the organic cosmetics & homecare products industry in India would create lucrative opportunities for the essential oils market in the country in the near future. Rising awareness about benefits offered by natural ingredients boosts their adoption, which drives usage of essential oils in various applications. Therapeutic benefits offered by essential oils are anticipated to drive the demand for these oils in India during the forecast period.
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ -https://www.transparencymarketresearch.com/india-essential-oils-market.html
Increase in the consumption of essential oil as natural preservatives is anticipated to boost the essential oils market in India during the forecast period. Moreover, increasing consumption of essential oils in various applications, including food & beverages, cosmetics, homecare products, and pharmaceuticals drives the market in the country. Rising regulations on the usage of chemical-based essential oils are estimated to drive the market for essential oils in India in the next few years.
๐๐จ๐ฅ๐๐ญ๐ข๐ฅ๐ ๐๐ซ๐ข๐๐๐ฌ ๐จ๐ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐ง๐๐ข๐
High prices of essential oils restrain the essential oils market in India. Insufficient production of raw materials and unavailability of these materials in enough quantity raise their prices. Volatile prices of raw material led by their irregular supply are projected to hamper the essential oils market in India during the forecast period. Low supply of raw materials puts burden on the essential oils market in India. Changing climatic conditions may result in poor harvesting. Additionally, availability of low-cost chemical-based substitutes also hampers the essential oils market in the country. Adulteration, residues of solvents and pesticides, and microbial contaminations are other factors hindering the essential oils market in India.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=76901
Lack of quality management and advanced procurement facilities is a key factor responsible for quality degradation. Deficiency in quality and purity management is another major restraint of the essential oils market in India.
๐๐จ๐ซ๐ง๐ฆ๐ข๐ง๐ญ ๐๐ข๐ฅ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ง๐๐ข๐ ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ
In terms of product, the India essential oils market has been divided into citrus oil, eucalyptus oil, clove oil, peppermint oil, basil oil, cornmint oil, spearmint oil, sandal wood oil, and others. Among these, the cornmint oil segment dominated the India essential oils market, in terms of volume and revenue, in 2019. The citrus oil segment is expected to be highly lucrative from 2020 to 2030. Cornmint oil is widely used to manufacture various types of products including food, beverages, confectionery items, dental care products, homecare products, and cosmetics. Citrus oil is beneficial for digestion and to boost energy.
๐ ๐จ๐จ๐ & ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐ญ๐จ ๐๐ ๐๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Based on application, the India essential oils market has been segregated into food & beverages, pharmaceutical, cosmetics & toiletries, aromatherapy, homecare products, fragrances, and others. Among applications, the food & beverages segment held a major share of the India essential oils market in 2019. It is anticipated to continue to dominate the market in the country from 2020 to 2030.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=76901
๐๐จ๐ซ๐ญ๐ก ๐ญ๐จ ๐๐ ๐ ๐๐ฎ๐๐ซ๐๐ญ๐ข๐ฏ๐ ๐๐จ๐ง๐ ๐จ๐ ๐๐ง๐๐ข๐ ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Based on zone, the India essential oils market has been classified into east, west, north, and south. The essential oils market in India is projected to expand at a CAGR of more than 4%, in terms of value, during the forecast period. The market in the country is expected to offer significant opportunities to manufacturers of essential oils during the forecast period. India is a major manufacturer and consumer of essential oils. The west zone segment dominated the India essential oils market in 2019. The north zone segment is anticipated to expand at the maximum CAGR during the forecast period.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The India essential oils market was highly fragmented, with various small- and medium-scale manufacturers operating in the market in 2019. West zone has been a lucrative market for essential oils in India over the last few years. Leading market players have taken initiatives to expand their presence in the market in the country through new product launches and strategic partnerships with suppliers and distributors.
Key manufacturers operating in India essential oils market Bo International, Kanta Enterprises Private Limited, Falcon Essential Oils, Indian Aroma Exports, India Essential Oils, Shiv Sales Corporation, AG Industries, BMV Fragrances Pvt. Ltd., Moksha Lifestyle Products, Kush Aroma Exports, and Veda Oils.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=76901
๐๐ง๐๐ข๐ ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ง๐๐ข๐ ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Citrus Oil
Eucalyptus Oil
Clove Oil
Peppermint Oil
Basil Oil
Cornmint Oil
Spearmint Oil
Sandal Wood Oil
Others
๐๐ง๐๐ข๐ ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ข๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Food & Beverages
Pharmaceuticals
Cosmetics & Toiletries
Aromatherapy
Homecare Products
Fragrances
Others
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Rohit Bhisey
Transparency Market Research Inc.
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