Eucalyptus
oil is extracted from the eucalyptus leaves which is native to
Australia and is cultivated worldwide. The leaves of selected species
of eucalyptus are steam distilled for extracting eucalyptus oil.
Major eucalyptus oil producing countries includes Portugal, Spain,
South Africa, Australia, Brazil, and Chile. Commercial cineole-based
eucalyptus oil species are as follows Eucalyptus dives, E.dumosa,
E.kochii, and others. These cineole-based eucalyptus oil is a
colorless liquid which is has woody-sweet scent and is mostly used in
cosmetics and perfume industries. Eucalyptus oil stimulates immunity,
improves respiratory circulation and provides antioxidant protection.
Eucalyptus oil helps in lowering blood pressure. Eucalyptus oil is
also used as antiseptic, as an expectorant to loosen coughs, and in
vaporizer fluids.
Global
Eucalyptus Oil: Market Segmentation
The
global
eucalyptus oil market
is segmented on the basis of type, distribution channel, end user,
application and region. The eucalyptus oil market is segmented on the
basis of type such as Eucalyptus globulus, Eucalyptus kochii and
Eucalyptus polybractea. Eucalyptus globulus is dominating the market
whereas Eucalyptus kochii and Eucalyptus polybractea contains cineole
content ranging from 85-90% which is higher as compared to other oils
and is widely used in various applications globally. The
cineole-based eucalyptus oil is primarily used in pharmaceutical
formulation products such as lozenges, cough sweets, inhalants and
ointments. The eucalyptus oil market is segmented on the basis of
distribution channel such as supermarket/hypermarket, online stores
and retail stores. The global eucalyptus oil market can also be
segmented as an ingredient in dietary supplements, capsules, and
others. The global eucalyptus oil market is segmented on the basis of
end user such as industries, food services and consumers. The global
eucalyptus oil market is segmented on the basis of application such
as pharmaceuticals, cosmetics, food products, fragrance, and
industrial uses. Hence, the global eucalyptus oil market is expected
to significantly increase the revenue contribution over the forecast
period.
Global
Eucalyptus Oil Market: Regional Outlook
Geographically,
the global eucalyptus oil industry can be divided by major regions
which include North America, Latin America, Western Europe, Eastern
Europe, Asia Pacific, Japan and Middle East and Africa. Globally,
among all regions, Asia Pacific has developed as the dominant region
in global eucalyptus oil market followed by Latin America. Growing
demand for eucalyptus oil products as a result of increasing usage of
eucalyptus oil in various industries, has strengthened the growth of
global eucalyptus oil market and hence is projected to significantly
expand the revenue contribution of the market over the forecast
period.
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Global
Eucalyptus Oil Market: Growth Drivers
The
global eucalyptus oil market major driving factors are increasing
demand of eucalyptus oil in cosmetics industry for skincare products
coupled with rising number of eucalyptus oil based dietary
supplements and capsules are expected to significantly increase the
revenue contribution of the global eucalyptus oil market over the
forecast period. Many consumers are using eucalyptus oil in various
pharmaceutical products. Eucalyptus oil is mainly used in medicinal
supplements as it contains various properties such as antiseptic,
helps in lowering blood pressure and improves respiratory
circulation. Eucalyptus oil is widely used in fragrance industry as a
component to impart aroma in products such as lotions and perfumes,
soaps, and detergents. Hence, the global eucalyptus oil market is
expected to observe robust growth over the forecast period.
Global
Eucalyptus Oil Market: Key Players
Some
of the key players identified across the value chain of the global
eucalyptus oil market includes Aromex Industry, Efamol, Edens Garden,
The Australian Eucalyptus Oil Company, Now Foods, Reho Natural
Ingredients, Felton Grimwade & Bosisto's, Bhagat Aromatics
Limited, Busby Oils Natal (Pty) LTD. Swastik Eucalyptus Oil Co and
others. The companies are expected to expand their business by
enhancing their product portfolio in global eucalyptus oil market.
The companies are projected to frame certain strategies in future in
order to gain the competitive advantage in global eucalyptus oil
market till 2025.
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