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Top Rose Oil Companies in the World 2024 | IMARC Group
Top Rose Oil Companies 2024
Chemically, rose oil contains several volatile aromatic compounds, including citronellol, geraniol, and nerol, which contribute to its distinctive floral scent and are believed to impart various health benefits. Rose oil is considered a multifunctional oil in holistic health circles because it is believed to have antidepressant, anti-inflammatory, and antispasmodic qualities. It is also valued across the skincare sector for its ability to hydrate, reduce redness, and promote a clear, youthful complexion.
The global rose oil market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.82% during 2024-2032.
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Key players in the rose oil industry are constantly innovating and refining their strategies to maintain and expand their market presence. Manufacturers such as Givaudan, Firmenich, International Flavors & Fragrances Inc., Symrise, and Robertet Group are focusing heavily on sustainable sourcing and technological advancements in extraction processes. They recognize the implication of sustainability within the essential oils industry, particularly for a luxury product such as rose oil, which is extensively known to demand substantial resources for its production. Firmenich and Robertet, for instance, concentrate on growing their sustainable sourcing programs and collaborating closely with local farming communities in rose-growing regions to guarantee moral practices that boost local economies and safeguard the environment.
Furthermore, developments in CO2 extraction techniques, used by businesses like Symrise and Givaudan are capturing the delicate essence of rose petals more effectively and sustainably. Besides this, companies like International Flavors & Fragrances Inc. and Merck KGaA are actively seeking new applications of rose oil in sectors beyond perfumery, such as pharmaceuticals and nutraceuticals, where the anti-inflammatory properties of rose oil can be utilized. Besides this, with the growing number of health-conscious customers, they are also putting a lot of emphasis on transparency by offering comprehensive information about the sourcing of their products and the advantages of using natural ingredients over synthetic ones.
Top Rose Oil Companies in the World:
• Alteya Organics LLC
• Berje Inc.
• Ernesto Ventós S.A.
• Firmenich SA
• Givaudan SA
• International Flavors & Fragrances Inc.
• MANE SA
• Robertet SA
• Sigma-Aldrich Inc. (Merck KGaA)
• Symrise
Explore Complete Blog by IMARC Group: https://www.imarcgroup.com/top-rose-oil-companies
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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