Sage Essential Oil Market Valued at US$ 7.89 billion in 2024; Expected to Reach US$ 13.87 billion. by 2030

►Global Sage Essential Oil Market to Reach USD 13.87 Billion by 2030, Driven by Rising Demand in North America and Asia-Pacific
The global Sage Essential Oil market is poised for significant growth, projected to expand from USD 7.89 billion in 2023 to USD 13.87 billion by 2030, reflecting a robust CAGR of 8.4% during the forecast period.

Market Overview

Sage Essential Oil, derived from the leaves of Salvia officinalis, is renowned for its antifungal, antioxidant, and antibacterial properties. Its applications span across cosmetics, personal care, pharmaceuticals, and household products. The increasing consumer inclination towards natural and organic products has been a significant driver for this market.

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►Competitive Landscape

Key players in the Sage Essential Oil market include India Essential Oils, The Essential Oil Company, Taytonn PTE LTD, Augustus Oils Ltd, Bontoux S.A, Lansdowne Chemicals, Lluch Essence S.L., M&U International LLC, O'Laughlin Industries Inc., Young Essential Oils, doTerra, Biolandes, Sibelius Natural Products, Frontier Co-op., and Aromatics International.

►Regional Insights

♦ Growth and Opportunities in the United States

The United States remains a dominant player in the Sage Essential Oil market, attributed to its advanced cosmetics industry and high consumer awareness regarding natural products. The region's stringent regulatory framework ensures product quality, further bolstering consumer trust and market growth.

♦ Emerging Trends in Asia-Pacific

Asia-Pacific is witnessing a surge in demand for Sage Essential Oil, driven by increasing health consciousness and the popularity of herbal remedies. Countries like India and Australia are at the forefront, integrating Sage Essential Oil into traditional medicine and wellness applications. The region holds an approximate 25% market share and is expected to experience a CAGR of 6.0% through 2034.

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♦ Consolidation and Developments in Europe

Europe commands around 30% of the market share as of 2024, with a projected CAGR of 5.5% until 2034. The region's growth is fueled by a strong demand for Sage Essential Oil in aromatherapy, perfumes, and cosmetics. Increasing disposable incomes and a shift toward sustainable consumer behavior, especially in countries like Germany and France, further support this market segment.

♦ Market Updation in the Middle East and Africa

The Middle East and Africa are emerging markets for Sage Essential Oil, currently representing about 3% of the global market. The regions are beginning to embrace natural oils for wellness and culinary uses. Opportunities exist in developing local production capabilities and increasing health-focused consumer education.

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► Market Segmentation: In-Depth Analysis:

by Distribution Channel

Direct Channels
Indirect Channels

The market is divided into three segments: pharmaceuticals, households, and cosmetics & personal care. By 2030, the largest market share in terms of revenue is anticipated to be held by cosmetics and personal care. Sage aids in the relief and healing of irritated skin disorders. Indications for eczema and psoriasis, athlete's foot, patches, and parched skin can all be alleviated with sage. The oil from the leaf is frequently utilized in face and body cleansers, deodorants, and antifungal treatments due to its astringent properties, which is the main factor propelling this market's expansion. Nonetheless, throughout the course of the projection period, the Pharmaceuticals segment is anticipated to expand at a CAGR of 5.4%. The essential oil has long been utilized in medicine due to its purported carminative, antispasmodic, antibacterial, and caustic properties.

by Type

Organic
Inorganic

by Application

Cosmetics & Personal Care
Household
Pharmaceuticals

Direct and indirect channels make up the market's segmentation. By 2030, it is anticipated that the Direct Channels sector would account for 75% of the total market share in terms of revenue. Although mauve is the individual's favored color, sage oil blends well with a variety of oils in the business-to-business segment of the Direct Channel. Additionally, it's an excellent competitor for Rosemary, Lemon, and Bergamot. Hypermarkets, specialty shops, and internet sales channels are all included in the indirect channel sector; the sage essential oil market is particularly interested in specialty shops.

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► Learn about the top players driving innovation in the Market :

1. India Essential Oils
2. The Essential Oil Company
3. Taytonn PTE LTD
4. Augustus Oils Ltd
5. Bontoux S.A
6. Lansdowne Chemicals
7. Lluch Essence S.L.
8. M&U International LLC
9. O'Laughlin Industries Inc.
10.Young Essential Oils
11.doTerra
12.Biolandes
13.Sibelius Natural Products
14.Frontier Co-op.
15.Aromatics International

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