Global
Vetiver Oil Market: Overview
Transparency
Market Research offer an 8-year forecast for the global vetiver oil
market between 2016 and 2024. In terms of volume, the market is
expected to register a CAGR of 1.5% during the projected period. The
primary objective of the report is to offer insights on the
advancements in the vetiver oil market. The study demonstrates market
dynamics that are expected to influence the current environment and
future status of the global vetiver oil market over the forecast
period. The primary objective of this report is to offer updates on
trends, drivers, restraints, value forecasts, and opportunities for
manufacturers operating in the global vetiver oil market.
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The
global vetiver oil market has been witnessing significant increase in
volume share owing to increasing prominence of aromatherapy. The
globally increasing demand for therapeutic and aromatic oils is a
result of the growing preference for convenient, harmless, and
natural alternatives to allopathic solutions. Haitian vetiver oil is
relatively popular in aromatherapy and has many medicinal properties,
which include anti-inflammatory properties, cicatrisant properties,
and antiseptic properties. It is known to have aphrodisiac effect,
and is also used as tonic, nervine, and sedative. It also offers
benefits to patients suffering from rheumatism, arthritis, gout,
muscular aches, dryness, and cracking of the skin.
Global
Vetiver Oil Market: Scope of the Study
A
section of report discusses on how the overall competition in the
market is steadily increasing. It discusses various factors that are
shaping internal as well as external competition in the market. On
the basis of product type, the market is segmented into organic and
conventional. The natural ingredient status, beneficial cleansing
properties, and pleasant aroma, vetiver oil is being increasingly
used in personal-care products. This essential oil is used in creams
and lotions for moisturizing and nourishing skin and thus expected to
see a rise in market growth during the forecast period. In addition,
it is imperative to note that in an ever-fluctuating global economy,
we not only conduct forecasts in terms of CAGR, but also analyses on
the basis of key parameters such as year-on-year (Y-o-Y) growth to
understand the predictability of the market and to identify the right
opportunities.
The
report further talks about the market share of total vetiver
oil market by different application segment including perfume
and scent products, pharmaceuticals, food and beverages, and others.
It also discusses key trends contributing to growth of the vetiver
oil market globally, as well as analyses the degree to which drivers
are influencing the market in each region. Key regions assessed in
this report include North America, Latin America, Europe, Asia
Pacific (APAC) and Middle East and Africa (MEA). Also, another key
feature of this report is the analysis of all key segments in terms
of absolute dollar. This is traditionally overlooked while
forecasting the market. However, absolute dollar opportunity is
critical in assessing the level of opportunity that a provider can
look to achieve, as well as to identify potential resources from a
sales and delivery perspective in the global vetiver oil market.
Global
Vetiver Oil Market: Competitive Analysis
In
the final section of the report, a competitive landscape has been
included to provide report audiences with a dashboard view. Detailed
profiles of the providers are also included in the scope of the
report to evaluate their long-term and short-term strategies, key
offerings and recent developments in the vetiver oil market.
Key
players in the global vetiver oil market include International
Fragrance and Flavor Inc., Lluch Essence SL, UniKode S.A., Frager
S.A., Robertet Groupe, Ernesto Ventos SA, Floracopeia Inc., Fleurchem
Inc., and Haiti Essential Oil Co. SA.
The
global Haitian vetiver oil market is segmented into:
By
Products
- Conventional
- Organic
By
Application
- Perfume and Scent Products
- Pharmaceuticals
- Food and Beverages
- Others
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