The global Lavandula Oil (Lavender Oil) market size was worth around USD 845 Million in 2022 and is predicted to grow to around USD 1201 Million by 2030 with a compound annual growth rate (CAGR) of roughly 5.0% between 2023 and 2030.
???? Click Here to access The Full market Report : https://www.zionmarketresearch.com/report/lavandula-oil-market
➤ The market is expanding due to the increasing use of aromatherapy.
The therapeutic procedure of aromatherapy involves the use of natural oils and plant products to promote health and well-being. Lavender oils are employed in aromatherapy to improve the health of the body, psyche, and mind, thereby promoting physical and emotional well-being. For millennia, nations such as India, Egypt, and China have employed aromatic plant extracts in the form of balms, oils, and resins for medicinal and religious purposes. Aromatherapy has experienced an increase in demand as a result of its ability to effectively manage pain, improve sleep, and reduce tension, anxiety, and agitation.
➤ The market’s expansion is hindered by the scarcity of basic materials.
Essential oils are extracted from plants, but their availability is diminishing as a result of urbanization, industrialization, and population growth. In order to accommodate the expanding population, trees are being felled at an increasing rate, which has led to deforestation. Essential oils become concentrated and generate a limited quantity. For example, approximately 250 pounds of lavender leaves are utilized to generate one pound of lavender essential oil. Consequently, the lavender oil market is impeded by the necessity of a substantial quantity of basic materials to produce a limited number of high-quality essential oils.
➤ An appealing opportunity is presented by the fragrance and food & beverage sector’s extensive utilization.
The global Lavandula oil (lavender oil) market is anticipated to experience growth in the coming year as a result of the increasing demand for this oil, which is utilized in the fragrance and food and beverage industries. The demand for lavender oil has surged as a result of the growing popularity of natural and organic products among consumers. This oil is employed in the production of a diverse array of cosmetic products, including detergent, lotion, fragrances, and body lotions. The market for lavender oil is expected to experience growth due to the oil’s diverse applications during the projection period.
➤ The adverse effects of lavender oil present a significant obstacle.
Directly combining lavender essential oils with food or beverages can be detrimental to the health of individuals. The tongue, soft palate, pharynx, and oral mucosa are all irritated by the consumption of essential oils. Additional adverse effects include constipation, migraines, increased appetite, and skin rashes as a result of topical use. Thus, the global Lavandula oil (lavender oil) market growth over the forecast period is significantly impeded by the side effects of lavender oil.
???? Get more info : https://www.zionmarketresearch.com/buynow/su/lavandula-oil-market
The Global Lavandula Oil (Lavender Oil) Market is segmented based on product, application and region
Global Lavandula Oil (Lavender Oil) Market: Product Segment Analysis
● Absolutes
● Concentrates
● Blends
Global Lavandula Oil (Lavender Oil) Market: Application Segment Analysis
● Therapeutics
● Personal Care
● Aromatherapy
● Food & Beverages
● Cosmetics
● Others
Click on This Below Link to see Similar Reports :
https://www.linkedin.com/pulse/automotive-interior-componentsaccessor-market-1kkdf/
https://www.linkedin.com/pulse/global-lavandula-oil-lavender-market-industry-nwcpf/
https://www.linkedin.com/pulse/marine-radar-market-share-size-industry-forecast-asibf/
https://www.linkedin.com/pulse/global-cbd-gummies-market-analysis-drivers-vhxpf/
https://www.linkedin.com/pulse/location-based-entertainment-market-size-share-yedpf/
https://www.linkedin.com/pulse/balsa-wood-market-size-industry-trends-historical-aqijf/
https://www.linkedin.com/pulse/food-dehydrators-market-size-industry-trends-j0ezf/
https://www.linkedin.com/pulse/global-ambulance-services-market-analysis-drivers-crbkf/
https://www.linkedin.com/pulse/automotive-fabric-market-size-share-trends-industry-7kwbf/
https://www.linkedin.com/pulse/fire-extinguishers-market-share-size-industry-s38sf/
The global Lavandula Oil (Lavender Oil) market profiles key players such as:
● Givaudan International SA
● Biolandes SAS
● Symrise AG
● Enio Bonchev Production Ltd.
● International Flavours and Fragrances Inc.
● The Lebermuth Company Inc.
● Phoenix Aromas & Essential Oils LLC
● Sydney Essential Oil Co.
● Young Living Essential Oils
● Essential Oils of New Zealand
● Aromaland, Alteya Organics
● China Flavors and Fragrances Company Limited
● doTERRRA International LLC
???? Recent Developments:
• Robertet, the manufacturer of natural ingredients, has announced that the encapsulated powdered essential oil will be accessible in June 2019. This novel approach to the incorporation of lavender oils into granules to enhance digestion employs prebiotic insulin as a carrier. This novel approach enables the product to be employed in the nutrition sector.
• Young Living Essential Oils has established a location in South Africa as of November 2019. The newly established position will facilitate the company’s expansion in the South African market.
➤ The market is anticipated to be dominated by Europe during the forecast period.
Due to the increasing demand for lavender oil from the cosmetics industry, Europe is anticipated to dominate the global Lavandula Oil (Lavender Oil) market during the forecast period. The European market is the largest for cosmetics and personal care products, as the cosmetics industry has experienced development in recent years. Among the most significant nations in the industry are the United Kingdom, France, and Germany. From the customer’s perspective, essential oils (such as lavender oil) are primarily intended to enhance overall well-being, defend health, and elevate self-esteem.
???? Get Customization Report : https://www.zionmarketresearch.com/custom/1635
About Us :
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database.
Contact Us:
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714 USA/Canada Toll-Free No.1-855-465-4651
Email: [email protected]
Website: https://www.zionmarketresearch.com
Be First to Comment