Calendula
is also known as marigold, an annual flower belongs to Aster family.
Aster is native to Asia Pacific and Europe. Calendula oil is
extracted by infusion method, where plant flowers or leaves are
infused in oil and oil is extracted. It has been used as medicine for
centuries in Europe, for skin treatments, ear infections, hair
treatments such as dandruff, hair growth and also in hair dye and it
also helps in inflammation and sore throat. Due to versatile uses of
calendula
oil market
demand from natural personal care and cosmetics products as well as
from pharmaceutical products is higher.
Calendula
flower oil is extracted from dried flowers and used for the
preparation of calendula cream, calendula scalp oil, calendula tea
etc. Calendula oil is also used as food additive in specialty butter
and cheese, and soups etc. Thus has significant market demand from
food industry
Calendula
Oil Market Segmentation:
Calendula
Oil market is segmented on the basis of its applications as
pharmaceuticals, cosmetics, food, and beverages. Calendula oil enjoys
a significant share in essential oils market owing to its wide usage
in cosmetics and pharmaceutical products. Calendula oil has proven
beneficial in various conditions such as soothes a sore throat, heals
inflammation, improves digestive system, cures fever, and protects
the liver by proper functioning, also used in conjunctivitis and
irregular menstrual cycle. It can also improve the overall blood
circulation in the body. Owing to these wide benefits market demand
from pharmaceutical industry is high. Calendula oil is also been
popular in aromatherapy since ancient times and also used in spa and
massage. It is proven helpful in skin problems such as it can help
treat acne, heals wounds and dry skin, cures fungal infections, thus
market demand from herbal and natural cosmetics is growing. In the
food industry, calendula oil is used as food additive in specialty
butter, cheese etc. Owing to the various application in food,
cosmetics and pharmaceutical industries global calendula oil market
is expected to grow at a significant growth rate over the forecast
period.
Calendula
oil market is further segmented on the basis region as Latin America,
North America, Europe, Asia-Pacific and the Middle East and Africa. A
major share of production come from African countries. However,
Europe and Asia-Pacific markets grab major consumption share of
calendula oil in the global market.
Calendula
Oil Market Drivers:
Increasing
consumer demand for natural and organic cosmetics is a major factor
driving market demand for calendula oil based skin care products.
Changing lifestyle focused more towards relaxation and leisure in the
developing region with a simultaneous increase in a number of spa and
massage centers and aromatherapy is expected to drive the usage of
calendula oil. Increasing demand for natural medicines is another
factor expected to drive market demand for calendula oil in the
pharmaceutical market segment. Calendula oil is used as baby massage
oil and growth of baby care products market is a major factor
expected to drive the growth of global calendula oil market. Various
applications of calendula oil in the treatment of various health
conditions is another factor fueling the growth of the global
calendula oil market. Thus, rising application of calendula oil and
growing consumer awareness regarding benefits of it is expected to
spur market demand in the developing and developed regions.
Increasing demand for calendula oil creates an opportunity for
growers to cultivate more crops and gain advantages and creates
employment opportunities.
Calendula
Oil Market Key players:
Key
market industry players, manufacture and suppliers of calendula oil
include Nutra Green Biotechnology Co. Ltd., Marigold Herbs Egypt,
Sydney Essential Oil Co., Lala Jagdish Prasad And Company, Weleda,
Francis Herbs Farm, Melvita ,Inesscents Aromatic Botanicals, Mountain
Rose Herbs, etc.
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