Press release
Jasmine Extract Market to Reach USD 152 Mn by 2029, emerging at a CAGR of 5.8 percent and forecast 2023-2029
Jasmine Extract Market
The report is based on comprehensive research methodology incorporating primary and secondary data sources, along with expert analysis, to provide accurate insights into the global Jasmine Extract market.
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What are Jasmine Extract Market Dynamics:
The Market growth is fostered by the driving factors such as increasing consumer preference for natural and organic products across various industries such as cosmetics, health care and food & beverages. Jasmine extract is obtained as a natural fragrance and flavoring agent which backs with the growing demand for chemical free constituents. Aromatherapy and healthcare practices has also observed growth which leads to a heightened awareness of the therapeutic benefits of scents and essential oils. Jasmine extract is also used as relaxing and mood-enhancing agentin aromatherapy blends. The growing interest in natural perfumery has also propelled the demand for jasmine extract, given its captivating floral aroma. Jasmine is gaining ground in cosmetics because it restores skin lustre and balances moisture to naturally reduce dryness without blocking pores. Dry skin overproduces sebum causing acne. Jasmine naturally hydrates skin to regulate sebum.
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Jasmine Extract Market Regional Insights:
North America: Leading the global market with a 22% share in 2022, North America witnesses increasing demand for Jasmine Extract, particularly in aromatherapy and the cosmetic industry.
Asia Pacific: Forecasted to experience rapid growth during 2023-2029, Asia Pacific holds over 20% market share in 2022, driven by the popularity of jasmine tea and its use in the food & beverage sector.
Europe: Emerging as the third-largest region for Jasmine Extract market, Europe sees growth due to the rising popularity of jasmine essential oil and its utilization in the pharmaceutical industry.
South America: Projected as the fourth largest region, South America experiences growing demand for jasmine-flavored products and increased usage in cosmetics and personal care.
Middle East & Africa: Despite limited awareness, the Middle East & Africa region shows potential for growth in the Jasmine Extract market, driven by increasing demand in select segments.
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What is Jasmine Extract Market Segmentation:
by Application
1. Cosmetics and Personal Care
2. Aromatherapy
3. Pharmaceuticals
4. Food and Beverages
by Extraction
1. Steam Distillation
2. Solvent Extraction
3. Supercritical fluid Extraction
by Type
1. Organic
2. Conventional
Who are Jasmine Extract Market Key Players:
1. Ultra International Ltd.
2. Vigon International Inc.
3. Berje Inc.
4. Phoenix Aromas & Essential Oils LLC
5. Essential Ingredients
6. Penta International Corporation
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Table of content for the Jasmine Extract Market includes:
Global Jasmine Extract Market: Research Methodology
Global Jasmine Extract Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Jasmine Extract Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Jasmine Extract Market Analysis On Trends and Need 2032
Jasmine Extract Market Outlook 2032
The global jasmine extract market was valued at US$ 77.4 Mn in 2022
It is estimated to expand at a CAGR of 9.8 from 2022 to 2032
The global jasmine extract market is expected to reach US$ 196.2 Mn by the end of 2032
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