Catnip,
also known as Cat Mint, is a whitish-grey plant with the scientific
name Nepata Cataria. Catnip is a well-known medicinal herb that is
used for the treatment of many ailments. These medicinal properties
come from the various components of Catnip oil, such as
Nepetalactone, Valeric Acid, Geraniol, Monoterpene, Nepetalic
Anhydride, Citral, Limonene, Dispentine, Thymol, Citronella,
Caryophyllene, Nerol, Bio Flavonoids, Nepetalic Acid, and
carotenoids. The health benefits of catnip essential oil can be
attributed to its properties as an anti-spasmodic, carminative,
diaphoretic, emenagogue, nervine, stomachic, stimulant, astringent,
and sedative substance. Catnip essential oil is an anesthetic,
anti-inflammatory, and antirheumatic agent.
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Catnip
Essential Oil Market: Segmentation:
Catnip
essential oil can be segmented on the basis of source, application
and distributional channel.
On
the basis of nature, catnip essential oil can be segmented into
organic and conventional. The organic catnip essential oil segment is
anticipated to dominate the conventional catnip essential oil segment
over the years. Organic products are considered to be healthier and
pure, thus increasing acceptance for organic labelled products among
the consumers is expected to support the organic Catnip essential oil
segment growth over the forecast period.
On
the basis of application, catnip essential oil can be segmented into
food industry, pharmaceutical industry and cosmetic industry. It is
used in food due to its flavoring property and health benefits. In
the field of pharmacy, catnip essential oil can cure all problems
related with cramps or spasms as it is antispasmodic. Since catnip
essential oil strengthens nerves and activates them, it acts as a
tonic for nervous system and helps in the management of nervous
disorders like Parkinson’s disease, vertigo, Alzheimer’s disease.
Apart from treating digestive problems, catnip essential oil is
useful in times of stress as it has a calming effect. Since it
possess the property of astringent, it has a tightening effect on
skin, muscles and even gums which in turn contributes to the cosmetic
industry. Moreover catnip essential oil is known for being most
effective natural mosquito repellent agent.
Catnip
essential oil is further segmented on the basis of distribution
channel, which includes direct and indirect channels. When it comes
to indirect distribution, the market is sub-segmented into modern
store format, medical store, and departmental store and e-commerce
retailers.
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Catnip
Essential Oil Market: Regional Outlook:
Regional
segment for the market of Catnip essential oil is segmented into five
different regions: North America, Latin America, Europe, Asia Pacific
including Japan and Middle East & Africa. The European market for
Catnip essential oils is expected to grow at a healthy rate. Cosmetic
products containing essential oils is preferable products in Europe
which is expected to support Catnip essential oil market growth
during the forecast period. Owing to this, catnip essential oil has
huge opportunity in these regions since it possess the property of
astringent which provide tightening effect on skin and muscles. Since
Catnip is native to southern and eastern Europe, the Middle East,
central Asia, these regions holds strong market share as compared to
other regions in terms of volume sales. Since it is known for being
most effective natural mosquito repellent agent, they can witness
opportunity in most malaria prone countries in Africa, Asia –
Pacific and America.
Catnip
Essential Oil Market: Demand Driver:
The
therapeutic properties of Catnip essential oil such as antispasmodic,
diaphoretic, Carminative, Diaphoretic, Diuretic helps drive its
demand in pharmaceutical industry. Since they are astringent agent,
it plays an important role in the world cosmetics which adds up to
another factor to demand driver.
Catnip
Essential Oil Market: Key Player:
Some
of global key players in catnip essential oil market includes:
Lebermuth Co., Biolandes S.A., Taytonn PTE LTD, Augustus Oils Ltd,
Bontoux S.A, O'Laughlin Industries Inc.
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