Rise in demand of the vetiver oils can be attributed towards its vast benefits, not only in the cosmetic field or in perfume industry but also in the pharmaceutical sector where it is used in concoctions in order to treat several skin diseases, stretch marks, reinforcing the CNS (Central Nervous System) as well as used to treat conditions such as anxiety, depression, insomnia, stress, tension, nervousness etc.
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The major producers of vetiver oils are situated in Japan, China, Brazil and India making these regions as prime manufacturing areas for vetiver oil. The regions of US and Europe are considered to be the largest consumers for vetiver oils. This list also includes Japan and India. The increased awareness of natural remedies, benefits of vetiver oil and increasing adoption in different end use industries has spurred the growth of the vetiver oil market from a global standpoint.
However, certain limitations such as vetiver oil cannot be consumed by pregnant women as it can cause problems or miscarriage challenge the growth of the vetiver oil market. Fact.MR’s recent research publication on vetiver oil market reveals that the global vetiver oil market is expected to register a CAGR of 4.0% during the forecast period of 2017 to 2024 to reach a value of US$ 834.7 Mn.
Market Taxonomy
| Source Type | Form Type | Application | Distribution Channel |
| Natural | Absolute | Therapeutics | Modern Trade |
| Organic | Concentrates | Aromatherapy | Franchise Outlets |
| Blends | Food and beverages | Specialty Stores | |
| Cosmetics | Online | ||
| Toiletries | |||
| Fragrances | |||
| Cleaning and home | |||
| Others |
Following Questions Answers Covered in the Report are:
- How will the global Vetiver Oil Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Vetiver Oil Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Vetiver Oil Market?
- How will these strategies influence the market growth and competition?
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Competition Tracking
The report has projected that companies such as Citrus and Allied Essences Ltd., Bontoux S.A.S, Mountain Rose Herbs, Inc., Aromaaz International, Biolandes, Greenleaf Extractions Private Limited, Plant Therapy Essential Oils, Synthite Industries Ltd, Young Living Essential Oils LC, Green Fields Oil Factory, and IL Health and Beauty Natural Oils Co., Inc will remain active in global expansion of vetiver oil market through 2024.
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