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Jasmine Extract Market to Reach USD 152 Bn by 2029, emerging at a CAGR of 5.8 percent and forecast 2023-2029
Jasmine Extract Market
Our comprehensive report is meticulously crafted through robust research methodologies, encompassing data collection, analysis, and validation to provide accurate and insightful findings to industry stakeholders and enthusiasts alike.
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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: Spearheading the global market with a 22% share in 2022, North America's dominance is propelled by the burgeoning popularity of aromatherapy and the widespread utilization of Jasmine Extract in the cosmetic and personal care sector.
Asia Pacific: Emerging as a powerhouse in the Jasmine Extract landscape, Asia Pacific is poised to witness rapid growth, driven by the increasing consumption of jasmine tea and its incorporation in the food & beverage industry.
Europe: Forecasted as the third-largest region for Jasmine Extract, Europe's market growth is attributed to the rising demand for jasmine essential oil and its extensive utilization in the pharmaceutical sector.
South America: With a growing penchant for jasmine-flavored products and an upsurge in its usage in the cosmetic and personal care industry, South America is slated to emerge as a significant player in the Jasmine Extract market.
Middle East & Africa: Despite facing limited awareness and high costs, the Middle East & Africa region is anticipated to witness growth in the Jasmine Extract market, driven by increasing consumer awareness and strategic market penetration efforts.
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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
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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
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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