According to the recent study the vetiver oil market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by increasing demand from flavor and fragrance industry, growing usage in medical application, and rising personal grooming trend.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in vetiver oil market by application
(pharmaceutical, personal care and cosmetics, food and beverage, aromatherapy,
and cleaning and homecare), source (organic and conventional), form type
(absolute, concentrate, and blend), and region (North America, Europe, Asia Pacific,
and Rest of the World).
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and view detailed Table of Content by clicking on below link https://www.lucintel.com/vetiver-oil-market.aspx
“Organic market is expected to remain the largest segment during
the forecast period.”
Based on source, the vetiver
oil market is segmented into organic and conventional. Lucintel forecasts that
the wearable vetiver oil market is expected to remain the largest segment
due to increasing
consumer awareness regarding the benefits of organic products.
“Within the vetiver oil market, the personal care and cosmetic segment
is expected to remain the largest application.”
Based on application,
the personal care and cosmetic segment is expected to witness the highest
growth during the forecast period due to its increasing demand from spas and
salons across the globe.
“Europe will dominate the vetiver oil market in near future.”
Europe is expected to be
the largest region during the forecast period due to the growth of
pharmaceutical industry and perfume industry, disposable income and luxury
lifestyle in the developed region.
Download Brochure of this report by clicking on https://www.lucintel.com/vetiver-oil-market.aspx
Major players of vetiver
oil market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Aromatic Herbals,
Unicode, Frager, Manohar Botanical Extracts, Rajkeerth Aromatics and Biotech,
Imperial Extracts, and Amphora Aromatics are among the major vetiver oil
providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/vetiver-oil-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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