Capital News

Vetiver Oil Market Forecast Research Report, 2022 – Raw Material Outlook, Vendor Landscape, Application Estimates And Value Chain Analysis By Million Insights

 Breaking News
  • No posts were found

Vetiver Oil Market Forecast Research Report, 2022 – Raw Material Outlook, Vendor Landscape, Application Estimates And Value Chain Analysis By Million Insights

June 11
08:13 2021
Vetiver Oil Market Forecast Research Report, 2022 - Raw Material Outlook, Vendor Landscape, Application Estimates And Value Chain Analysis By Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global vetiver oil industry is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Global Vetiver Oil Market is expected to reach 169.5 USD million by 2022. Vetiver Oil is also termed as khus oil is obtained through the steam distillation of the plant’s roots. The oil has a strong initial aroma, which may be spicy, woody, herbaceous, smoky, and earthy. It is mainly used to create body perfumes, oils, room coolers and fresheners, and soap. The oil has soothing and calming properties as it reduces neurotic behavior, dispels anger, and irritability and hysteria. The vetiver oil market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

High demand in fragrance industry and in aromatherapy and rising disposable income are documented as major factors of vetiver oil market that are estimated to enhance the growth in the years to come. Vetiver oil industry is segmented based on form type, application, distribution, and region. Blends, absolute, concentrates are the form types that could be explored in Vetiver Oil in the forecast period.

To download the sample PDF of Vetiver Oil Market Report “please” click here: https://www.millioninsights.com/industry-reports/vetiver-oil-market/request-sample

The market may be categorized based on applications like perfumery, pharmaceutical, therapeutics, toiletries, cosmetics, aromatherapy, air fresheners, food & beverages, and others that may be explored in the forecast period. Pharmaceutical sector accounted for the substantial market share of Vetiver Oil and is estimated to lead the overall market in the coming years.In addition, perfume sector is estimated to grow at fastest pace in the coming years. Online stores, modern trade, specialty stores, and franchise outlets are the distribution channels that could be explored in the forecast period. 

Globally, Europe accounted for the largest market share of Vetiver Oil and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers like perfume and pharmaceutical industry in this region, changing lifestyle, and rising disposable income. 

Instead, North America and the Asia Pacific are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Vetiver Oil in this region. 

The key players of Vetiver Oil Market are Rajkeerth Aromatics, Unikode S.A., Vee Kay International, Frager S.A., Fleurchem, Inc., Floracopeia, Manohar Botanical Extracts Pvt. Ltd., and KautilyaPhytoextracts Pvt. Ltd. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.   

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/vetiver-oil-market

Market Segment:

Vetiver Oil Market Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • Fragrance
    • Pharmaceutical
    • Food & Beverage

Vetiver Oil Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • North America
        • U.S.
    • Europe
        • France
        • UK
    • Asia Pacific
        • India
        • China
    • Rest of the World (RoW)
        • Brazil

Read the Latest Press Releases available with Million Insights:

• Shale Gas Market: As stated by the available details, the global shale gas market size is likely to reach USD 131.1 billion by 2027. It is expected to increase by 8.5% CAGR throughout the forecast period.

• Plant Genotyping Equipment Market: The global plant genotyping equipment market size is anticipated to value USD 895.45 million until 2025. It is also expected to register a CAGR of 9.6% over the forecasted years, 2018 to 2025.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/vetiver-oil-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/capitalnews/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

Recent Posts

China-hifi-Audio Unveils Highly Designed and Crafted Audiophile Tube Amplifiers for Music and Movies Enthusiasts Searching for Quality and Powerful Audio Systems

Read Full Article

Categories