The market for jasmine essential oils experienced significant growth in 2021 and is expected to maintain a steady revenue growth rate throughout the forecast period. This versatile oil finds extensive application in the food and beverage industries, as well as the perfume industry, which is anticipated to drive the market's revenue growth. It is commonly used for food flavoring purposes and also finds utility in the pharmaceutical sector for medication production. The rising popularity of these therapeutic applications is projected to contribute to the market's revenue growth during the forecast period.
Jasmine holds a prominent position in the beauty industry due to its ability to enhance skin radiance and balance moisture levels, thereby naturally reducing dryness without causing pore blockage. Acne-prone skin tends to be dry, leading to excessive sebum production and resulting in acne. Jasmine helps in naturally moisturizing the skin and regulating sebum production. It is not only the most versatile essential oil available but also the most expensive. The global pandemic has heightened awareness regarding the importance of bolstering the body's immune system. Alongside a healthy diet and regular exercise, maintaining a calm and peaceful mind, which can be achieved through practices like aromatherapy, can enhance immunity. This aligns with the growing popularity of holistic treatments and the use of organic products.
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Top Companies Operating in the Global Jasmine Essential Oils for Medical Market Report:
- Norex Flavours Private Limited (India)
- Mane Kancor Ingredients Ltd. (India)
- Vedaoils (India)
- Synthite Industries Ltd. (India)
- Organoveda (India)
- Aromaaz International (India)
- Floral Essential Oil (India)
- Ji'an Zhongxiang Natural Plants Co., Ltd (China)
- Kush Aroma Exports (India)
- India Aroma Oils and Company (India)
- Flavor Extract Manufacturers Association (US)
Major Driving Factors of Jasmine Essential Oils for Medical Market
- Increasing demand for natural and organic products: There has been a growing preference among consumers for natural and organic products, including essential oils. Jasmine essential oil is known for its natural fragrance and therapeutic properties, which have contributed to its popularity.
- Aromatherapy and holistic wellness trends: Aromatherapy practices and the use of essential oils for holistic wellness have gained significant traction in recent years. Jasmine essential oil is widely used in aromatherapy due to its calming and soothing properties, which has led to increased demand for the product.
- Growth in the personal care and cosmetics industry: The personal care and cosmetics industry has witnessed steady growth, driven by factors such as changing lifestyles, increased disposable income, and the desire for personal grooming. Jasmine essential oil is widely used in the formulation of perfumes, skincare products, hair care products, and bath products, contributing to its market growth.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
This report analyzes the Jasmine Essential Oils for Medical Market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Jasmine Essential Oils for Medical Market is provided to gain a deeper understanding of its growth and progress.
The global Jasmine Essential Oils for Medical Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Nature Outlook (Revenue, USD Billion; 2019-2030)
- Conventional
- Organic
Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Personal Care
- Food and Beverage
- Medical
- Other
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