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Sunday 27 January 2019

Thyme Essential Oil Market: Pin-Point Analysis For Changing Competitive Dynamics

Thyme Essential Oil is derived from perennial herb known as Thymus vulgaris. It has a rather sweet, yet strongly herbal smell and is reddish-brown to amber in color. The main chemical components are a-thujone, a-pinene, camphene, b-pinene, p-cymene, a-terpinene, linalool, borneol, b-caryophyllene, thymol and carvacrol. The therapeutic properties of thyme oil are antirheumatic, antiseptic, antispasmodic, bactericidal, bechic, cardiac, carminative, cicatrisant, diuretic, emmenagogue, expectorant, hypertensive, insecticide, stimulant, tonic and vermifuge.
In European regions thyme essential oil is expected to have larger share in terms of volume share, since Thymus vulgaris is a native to southern Europe from western Mediterranean to southern Italy. They are spread across the northern and southern regions of America due to which its cultivation and processing is being done in large scale. Essential oil being widely known as the natural therapeutic product, they have high scope in the ayurvedic sector which in turns directs to Asia – Pacific regions such India for natural medical treatment. 
According to recent statistics, over 17.5 million people die each year from cardiovascular diseases which is an estimated 31% of all deaths worldwide. Moreover 80% of all cardiovascular diseases death are due to heart attacks and strokes. Taking into the account that thyme essential oil is good tonic for several respiratory diseases, this would be one critical factor driving the overall demand for the product. 
The global players in thyme essential oil market includes Biolandes SAS, Apivita S.A., Young Living Essential Oils LC, Albert Vieille SAS, Guangzhou Oulianya Fine Chemical Co.,Ltd, Guangzhou Huaqing Fine Chemical Industry Co.,Ltd.

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