Oregano
oil is derived from oregano herb leafs. It is well-known for its
various medicinal values and health benefits. Turkey is the major
exporter of oregano oil and dried oregano to the world market.
Carvacrol is chemical responsible for the biological activities of
oregano and reason of its use in various medicines.
Oregano
oil is known for its versatile properties includes antitumor
antimicrobial, antimutagenic, analgesic, angiogenic, analgesic
antigenotoxic, antispasmodic, anti-inflammatory, antiparasitic,
antiplatelet, Ache inhibitory, anti-elastase, insecticidal,
antihepatotoxic etc. Oregano oil is used as a feed additive, and
finds applications in honeybee breeding. Thus, market demand from the
various application is higher and growing rapidly.
Oregano
Oil Market Segmentation:
Oregano
oil market
is segmented on the basis of its applications as pharmaceuticals,
cosmetics, food, and beverages. Oregano oil enjoys a significant
share in essential oils market owing to its wide usage in
pharmaceutical products. Oregano oil has proven beneficial in various
disease treatments as possess various medicinal properties such as
antimicrobial, antitumor, antimutagenic, antigenotoxic, analgesic,
anti-inflammatory, antiplatelet, antispasmodic, angiogenic,
antiparasitic, etc. Owing to these wide benefits market demand from
pharmaceutical industry is high. Oregano oil is also proven helpful
in skin problems such as it can help treatment of acne, and eczema,
thus market demand from herbal and natural product based cosmetics is
growing and cosmetics applications market segment is expected to grow
significantly. Oregano oil is used in various antiseptic soaps, skin
care creams and in anti-fungal medicines. In food and beverage
industry Oregano oil is used for culinary applications as a spice for
flavoring.
Oregano
oil market is further segmented on the basis of its forms available
in the market as in capsule forms and oregano liquids. The oils may
be mixed with a carrier oil such as olive oil, capsicum oil or grape
seed oil to get oregano liquid.
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Oregano
oil Market Regional Outlook:
Oregano
oil market is also 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 the Middle East and African
countries where Turkey is a major exporter of oregano oil and leaf to
the global markets. However, North America, Europe, and Asia-Pacific
markets grab major consumption share of Oregano oil in the global
market.
Oregano
Oil Market Drivers and Restrains:
Increasing
consumer demand for natural cosmetics is a major factor driving
market demand for oregano oil based skin care and cosmetics products.
Versatile properties of oregano oil such as antibacterial,
anti-inflammatory etc, makes it a powerful germ killer with
scientifically proven results against the various virus, bacteria,
parasite, and fungi is the major factor driving demand for oregano
oil in pharmaceutical and cosmetics market segments.
Oregano
oil is loaded with vital nutrients such as zinc, magnesium, and
vitamins C and E. It’s satisfactorily high in calcium, iron,
potassium, manganese, copper, and niacin. As a secondary approach,
oregano oil might use in nutrition supplements to fulfill nutritional
deficiency requirement thus drives oregano oil demand from food and
beverages industry is higher. Thus, rising application of oregano oil
and growing consumer awareness regarding benefits of it is expected
to spur market demand in the developing and developed regions.
Few
studies show that oregano oil due to relatively higher levels of
carvacrol, a chemical toxic to humans and agencies such as Health
Canada have banned the use of oregano oil in food materials. This is
factor restraining growth of global oregano oil market.
Oregano
Oil Market Key players:
Key
market players manufacture and suppliers of Oregano oil include AOS
Products, CG Herbals, Healing Solutions Essential Oils, Native
American Nutritionals Essential Oils, Rocky Mountain Oils, Plant
Therapy Essential Oils, Aura Cacia Essential Oils, Prime Natural
Essential Oils, Mountain Rose Herbs Essential Oils, Fabulous Frannie
Essential Oils, Plant Guru Essential Oils, Kis Oils etc.
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