Press release
Lavender Oil Market Research Reports Offers Key Insights, Growth Prospects, Industry Analysis, Trends Forecast to 2024
Medicinal Properties of Lavender Oil Boosting its Popularity amongst Consumers
Consumers both in developed and developing countries are spending more on organic essential oil products including lavender oil owing to their health benefits. Lavender oil is considered to have unique properties that are beneficial for the skin, hence, used in various skincare products. Over the years, application of lavender extract, oil and essence in food and beverage products has also increased to a substantial level. Lavender oil application in food and beverage products is expected to create an absolute $ opportunity of US$ 7.65 Mn between 2016 and 2024.
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Despite the increasing popularity of substituent products such as the lavendin, players operating in the market remain focused on introducing newer lavender oil products. Moreover, development of advanced product formulations methods, especially for personal care products is anticipated to stimulate the market growth.
According to PMR’s report, global lavender oil market is expected to reach US$ 124.2 Mn, reflecting a CAGR of 6.2% between 2016 and 2024.
Owing to increasing inclination of consumers towards single oils of high quality and high purity, demand for absolutes and concentrates of lavender oil is likely to surge during the forecast period. In 2016, lavender concentrates accounted for a staggering 49.0% revenue share of the market.
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Lavender oil will continue to find robust application is personal care products during the forecast period. By the end of 2024, personal care products will contribute nearly US$ 45.1 Mn to the global lavender market.
In addition to Europe, North America and APAC will remain as the other two leading markets for lavender oil. Owing to the presence of prominent manufacturers and suppliers of lavender oil in North America, the region’s market is expected to witness a steady growth during the assessment period. The market in APAC is expected to be driven by the growing demand for lavender oil products in emerging countries such as China and India.
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Competitive Landscape
Some of the key players in the global lavender oil market include doTERRA International, LLC, Young living essential oils LC, Takasago International corporation, International Flavours & Fragrances Inc., Aromaland Inc., Symrise AG, Givaudan SA, Firmenich S A, Rocky Mountain Soap Co., and China Flavors and Fragrances Company Limited. To strengthen their market position, many of these companies are going into strategic alliances and also concentrating on further technological advancements to improve product line.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
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Summary
This report studies Lavender Essential Oil in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Frei
AFU
AA SKINCARE
CAMENAE
NextBox
Pretty Valley
The Body Shop
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Lavender Essential Oil in these regions,…
Global Lavender Oil Market Professional Survey Report 2016
This report mainly covers the following
FALSE
Segment regions including (the separated region report can also be offered)
North America
Europe
Japan
China
Southeast Asia
India
The players list (Partly, Players you are interested in can also be added)
Shirley price
Bay House
Florial/Florihana
Oshadhi
Jurlique
Alexander Essentials
Argital
Escents
PrettyVally
Green Valley
In Essence
L’occitane
Norfolk
Natural Touch
Browse Complete Report Summary with TOC: http://www.reportbazzar.com/product/global-lavender-oil-market-professional-survey-report-2016/
Neals Yard Remedies（NYR）
Perfect Potion
Old Tree
Quinessence
Edens Garden
AFU
NOW Foods
Aveda
Puritan’s Pride
Aura Cacia（Frontier）
Mountain Rose Herbs
Piping Rock
Radha Beauty
Aqua Oleum
Meadows
Camden-Grey
Essentialwholesale
Anatolian Treasures
Aroma Land
Base Formula
Pure Destiny
Young Living
Somatherapy
Gaiagarden
Camenae
Herborist
With 40 top producers.
Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=603125&ptitle=Global+Lavender+Oil+Market+Professional+Survey+Report+2016&req=Sample
Data including (both global…
