The Bergamot Oil Market Is Predicted to Evolve at A CAGR of 8.2% From 2022 To 2027

The global bergamot oil market is valued at US$ 21.2 billion in 2022 and is predicted to reach a size of US$ 31.5 billion by the end of 2027. Worldwide demand for bergamot oil is expected to increase rapidly at a CAGR of 8.2% over the next five years.
Rising preference for organic and natural ingredients is expected to drive the demand for organic bergamot oil, which is expected to account for nearly 64% of the global market share of the bergamot oil industry by 2027. Bergamot oil is a natural cleansing oil and has several other beneficial properties that provide it with a wide scope of application across several industry verticals. Increasing consumer preference for products with natural ingredients is anticipated to be a prime driver for the bergamot oil market over the next five years.

To remain 'ahead' of your competitors, request for a sample -
https://www.factmr.com/connectus/sample?flag=S&rep_id=87

Which Market Determinants are Inducing Demand for Bergamot Oil?
The world has witnessed a notable rise in popularity of the veganism trend and this has led to increased consumption of plant-based foods and natural food products. Bergamot orange extract oil is also used as a natural flavoring agent in various food products.
Bergamot oil is used in food products as a natural ingredient that helps in the reduction of cholesterol and since the incidence of cardiac disorders is high, it is expected to witness an increase in demand over the years to come. The aforementioned factors are expected to supplement bergamot oil sales and global bergamot extract market growth through 2027. The pharmaceutical industry has evolved drastically over the past few years owing to the high demand for drugs in the wake of infectious disease outbreaks and the prevalence of chronic diseases. Increasing awareness of ill effects associated with the consumption of chemicals has pushed pharmaceutical manufacturers to use more natural ingredients in their formulations. Bergamot oil has antiseptic, pain relieving, antibacterial, and antispasmodic properties that make it a favorable choice for drug formulations. It also has the ability to absorb disagreeable odors of various ingredients used in pharmaceutical products. All of the aforementioned factors make bergamot oil a high-demand ingredient in the pharmaceutical industry.

Key Segments in Bergamot Oil Industry Research

By Type :
• Organic
• Conventional
By End Use :
• Food & Beverages
• Pharmaceuticals
• Skin & Personal Care
• Haircare
• Aromatherapies
• Others
By Region :
• North America
• Latin America
• Europe
• APAC
• MEA
Request Methodology & Get a Glimpse of Our Expertise -
https://www.factmr.com/connectus/sample?flag=AE&rep_id=87
Which Country is an Attractive Market for Bergamot Oil in Europe?
"France to Emerge as Highly Attractive Market for Producers of Bergamot Oil"
France is home to various personal care brands and this makes it a highly attractive market for bergamot oil companies as most of the personal care companies opt to use more natural and organic ingredients in their products.
Changing consumer preferences and the rising demand for bergamot oil in various industry verticals in the country are also expected to favor bergamot oil market potential across the forecast period. Production of bergamot oil is also high in the country as compared to most other European countries except Italy and Turkey.

Competitive Landscape
Top companies in the bergamot oil industry are expected to focus on providing organic bergamot essential oil to personal care product manufacturers as they focus on developing products with organic ingredients.
In September 2022, Amour's Secrets announced the debut launch of its skincare products that are made from natural and plant-based ingredients. The cleansing and hydrating oil launched by Amour features a unique blend of argan oil, lavender oil, rosewood oil, bergamot oil, and other natural ingredients to provide skin with soothing and luxurious hydration.

Key Market Players:
• Bunge Limited
• Symrise AG
• Cargill Inc.
• Mountain Rose Herbs Inc.
• Louis Dreyfus Company B.V.
• Citrus and Allied Essences Ltd.
• Willmar International Limited.
• Citromax Flavors
• Avril Group
• SVA Naturals
• Terra International
• Amway
• Dabur
• Bontoux S.A.S.
• Herbalife
• Mgb Grup Essential Oils Co. Ltd.
• AOS Products Pvt. Ltd.
• The Good Scent Company

Interested to Procure The Data? Inquire here at -
https://www.factmr.com/checkout/87

The organic segment currently holds a lion's share in the global bergamot oil marketplace and is anticipated to maintain this stance across the forecast period. Increasing consumer awareness of organic products and rising awareness of ill-effects associated with chemically-treated products are prime factors that drive demand for organic bergamot oil through 2027. Shipments of organic bergamot oil are predicted to account for nearly 64% of the global revenue share of the market by the end of the forecast period.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.