Global eucalyptus oil market will revel in the high demand from cosmetics and drugs manufacturers.
Albany, NY -- (SBWIRE) -- 03/19/2018 -- Eucalyptus oil is a very common and popular herbal health product that is used for treating a number of medical conditions. Demand for eucalyptus oil for applications in aromatherapy has been gaining immense traction over the past few years, along with growing demand for flavors & fragrances in personal care, and food & beverage products. In order to provide a comprehensive view of the market, a fresh study titled "Eucalyptus Oil Market - Global Industry Analysis and Opportunity Assessment 2017 – 2025" has been publicized to the wide repository of Market Research Hub (MRH), which presents extensive analysis based on current as well as future trends in the market. In addition, a complete perspective on market development in terms of revenue estimations (in US$ Mn) and CAGR across various geographies, comprising North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America has been outlined in the study.
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Major Takeaways from the Study
Presently, consumers around the world are willing to spend on healthy food and natural ingredients, experts suggest that the global eucalyptus market will exhibit a positive trajectory in the coming years. As per the recent findings, the global eucalyptus oil market is expected to register a value CAGR of 5.6% during the forecast period.
Moreover, it has been studied in the study that revenue generated from the global eucalyptus oil market is estimated to be valued at roughly US$ 41.7 Mn by the end of 2017, which is predicted to be valued at US$ 64.6 Mn by the end of 2025. According to the report, the global eucalyptus oil market will revel in the high demand from cosmetics and drugs manufacturers. Apart from that, due to the presence of a significant level of cineole content, an organic compound possessing several many medicinal effects, the use of eucalyptus oil has increased in novel pharmaceutical applications. Spurred by these factors, the global eucalyptus oil market will exhibit strong growth in the coming years.
For a clear understanding of the eucalyptus oil market, the report broadly categorizes the market data on the basis of nature, grade, application and sales channel. By nature, the global eucalyptus oil market is segmented into organic and conventional. Out of the two, the organic segment is likely to be the most attractive segment in the forecast period. On the basis of grade, the eucalyptus oil market can be segmented into pharmaceutical grade, fragrance grade, and industrial grade.
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From a geographical perspective, Europe and North America are likely to remain the leading markets for eucalyptus oil through the forecast period.
Another vital section of the report offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global and regional eucalyptus oil market. At present, key players in the global eucalyptus oil market includes Plant Therapy Essential Oils, NOW Health Group, Inc., doTERRA International, Frutarom Industries Ltd., Young Living Essential Oils, NHR Organic Oils, Integria Healthcare (Australia) Pty Ltd., International Flavors & Fragrances Inc., Emu Ridge Eucalyptus, Ananda Apothecary, LLC, Kama Ayurveda Pvt. Ltd., Sensient Technologies Corporation, Merck KGaA, Givaudan SA, Etosha Pan Pvt. Ltd., Firmenich International S.A, P.S.C. Aromatics, Symrise AG, and Khadi Natural Healthcare.
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