Eucalyptus Oil Market to Reach $252.0 Million by 2030: Allied Market Research Study Reveals Growth Drivers and Key Trends

According to a new report published by Allied Market Research, titled, "Eucalyptus Oil Market by Nature, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global eucalyptus oil market size was valued at $135.5 million in 2020, and is projected to reach $252.0 million by 2030, registering a CAGR of 6.6% from 2021 to 2030.

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The conventional segment dominated the eucalyptus oil market, generating $72.9 million in 2020 and is projected to reach $130.3 million by 2030, with a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. On the other hand, the organic segment is expected to reach $121.7 million by 2030, growing at a CAGR of 7.1%. In terms of regional dynamics, Asia-Pacific is estimated to achieve $71.8 million by 2030, exhibiting a significant CAGR of 8.0%. North America and Europe collectively accounted for approximately 69.4% share in 2020, with North America representing about 40.3% share. Both Asia-Pacific and Europe are anticipated to witness substantial CAGRs of 8.0% and 6.9%, respectively, during the forecast period. The combined share of these two regions was 54.0% in 2020 and is expected to rise to 58.5% by 2030.

Eucalyptus Essential Oil: Overview

Eucalyptus essential oil is derived from Eucalyptus, a diverse genus of flowering trees and shrubs, through steam distillation. This oil is typically a clear or pale yellow liquid with an aromatic and camphoraceous odor, as well as a strong, camphoraceous flavor and a cooling sensation. Cineole must constitute at least 70.0 percent of the product. Although native to Australia, some species of Eucalyptus can also be found in New Guinea and Indonesia. Eucalyptus globulus, an evergreen tree widely cultivated in Australia, serves as a primary source of eucalyptus essential oil.

Key Features and Uses

Eucalyptus essential oil is valued for its antiseptic and anti-fungal properties. It is also renowned for its effectiveness as a mosquito repellent. The extraction of eucalyptus essential oil results in a potent synergistic effect attributed to its high cineole content, which typically ranges from 80-95%, surpassing that of any other plant or herb. Due to its versatile properties, eucalyptus essential oil finds applications across various industries, driving the growth of the eucalyptus oil industry as a whole.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 @ https://www.alliedmarketresearch.com/request-for-customization/14008

Market Segmentation:

The eucalyptus oil market is segmented based on nature, application, distribution channel, and region.

Nature:
Organic
Conventional

Application:
Food & Beverages
Therapeutics & Cosmetics
Aromatherapy
Fragrances

Distribution Channel:
Hypermarkets/Supermarkets
Specialty Stores
Online Channels
Others

Region:
North America (U.S., Canada, & Mexico)
Europe (Germany, UK, France, Italy, Spain, and Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Indonesia, and Rest of Asia Pacific)
LAMEA (Brazil, Argentina, South Africa, UAE, and Rest of LAMEA)

Market Trends

Nature Segment: The conventional segment held the highest share in 2020. Eucalyptus is among the world's second-most-planted multipurpose woody tree species. Traditional eucalyptus plantations often utilize pesticides and fertilizers, resulting in high productivity and availability of eucalyptus products in the market. Additionally, the growing demand for eucalyptus across various industries has necessitated immediate availability of eucalyptus crops. The increasing popularity of natural insecticides and fertilizers has further fueled the growth of the eucalyptus oil market in recent years.

Application Segment: The therapeutics & cosmetics segment accounted for the largest portion of the global eucalyptus oil market share in 2020 and is expected to maintain dominance throughout the forecast period. The growing efforts of cosmetics businesses to replace chemical ingredients with natural products, coupled with rising consumer awareness of the health benefits of natural cosmetics, are expected to drive the market. Eucalyptus oil contains natural compounds such as cineole or eucalyptol, tannins, and flavonoids, which help keep the skin hydrated, alleviate irritation, and prevent UVB-induced collagen breakdown by boosting ceramide formation. Consequently, it is widely used as a natural ingredient in cleansers, shower gels, beauty oils, and bath salts, among other cosmetic and personal care products.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 @ https://www.alliedmarketresearch.com/purchase-enquiry/14008

Market Analysis by Distribution Channels:

The hypermarkets/supermarkets segment emerged as the leading distribution channel in the eucalyptus oil market in 2020. Hypermarkets/supermarkets offer consumers the convenience of finding a wide range of products under one roof. Customers benefit from these outlets through access to diverse product choices, discounts, assistance from sales personnel, and efficient checkout processes. These advantages are expected to drive the growth of hypermarkets/supermarkets in the forecast period.

Regional Analysis:

- Asia-Pacific: This region experienced the fastest growth throughout the forecast period, followed by Europe. Asia-Pacific's rapid growth can be attributed to various factors including increasing population, rising disposable incomes, and growing consumer awareness about the health benefits of eucalyptus oil. The presence of emerging economies like China and India further contributes to the region's market expansion.

- Europe: Europe also witnessed significant growth in the eucalyptus oil market. Factors such as the increasing popularity of natural and organic products, rising demand for therapeutic and cosmetic applications, and favorable regulatory environment for natural products have contributed to the growth in this region.

- North America: North America held the highest share in the base year, with notable contributions from countries like the United States. The region benefits from the presence of key market players, strong consumer demand for natural and organic products, and robust distribution networks.

Key Countries:

- China and the U.S.: These countries were the most prominent contributors to the global market, each accounting for a significant share. China's market growth is fueled by its large population and increasing consumer awareness about the benefits of eucalyptus oil. In the U.S., factors such as the growing demand for natural and organic products, along with the presence of established distribution channels, have contributed to market growth.

𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 @ https://www.alliedmarketresearch.com/checkout-final/83420666e215797f8e40ef722f513843

{ 𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲 }

- Nature Segment Analysis: The organic segment is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR) of 7.1% in terms of revenue during the forecast period. This growth can be attributed to increasing consumer preference for organic products due to their perceived health and environmental benefits.

- Application Segment Analysis: Within the application segment, aromatherapy is projected to maintain its dominance in the market from 2021 to 2030. Aromatherapy, which utilizes essential oils like eucalyptus for therapeutic purposes, is witnessing growing popularity among consumers seeking natural remedies for various health concerns.

- Distribution Channel Segment Analysis: The hypermarkets/supermarkets segment held the largest market share in 2020, indicating that consumers prefer purchasing eucalyptus oil from brick-and-mortar retail outlets. However, the online segment is expected to witness significant growth during the forecast period, driven by the increasing trend of online shopping and the convenience it offers to consumers.

- Country-wise Analysis: The United States emerges as the largest country in terms of both demand and production of eucalyptus oil in 2020. This can be attributed to factors such as the widespread use of eucalyptus oil in various industries, including cosmetics, pharmaceuticals, and aromatherapy, as well as the presence of key market players in the region.

- Regional Growth Outlook: The Asia-Pacific region is poised to experience the highest growth rate, with a projected CAGR of 8.0% from 2021 to 2030. Factors contributing to this growth include the region's large population, increasing disposable incomes, and growing awareness about the health benefits of eucalyptus oil. Additionally, the region's rich biodiversity and favorable climatic conditions for eucalyptus cultivation further contribute to its market growth potential.

Key players in the eucalyptus oil market have strategically focused on product launches to maintain their relevance and competitiveness in the global market. These companies have recognized the importance of introducing new and innovative products to meet evolving consumer demands and preferences. Some of the prominent players in the eucalyptus oil industry, as profiled in the report, include:

1. Doterra International, LLC
2. Now Health Group, Inc.
3. Young Living Essential Oils, LLC
4. NHR Organic Oils
5. Integria Healthcare (Australia) Pty Ltd.
6. Plant Therapy Essential Oils
7. Biolandes SA
8. Emu Ridge Eucalyptus
9. Sensient Technologies Corporation
10. Symrise AG

These key players are actively involved in developing and launching a wide range of eucalyptus oil products, catering to various applications such as aromatherapy, cosmetics, pharmaceuticals, and food & beverages. By leveraging their expertise in product innovation and market insights, these companies strive to maintain their market positions and capitalize on emerging opportunities in the eucalyptus oil market.

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