Savory
Oil Market Introduction
Savory
oil is an essential oil which is team distilled from savory herbs and
flowers. The savory oils are hot like thyme and a bit of pungent and
bitter. These savory oils are extremely high in phenol like in
oregano and thyme. It also contains carvacrol, thymol, cineol,
pinene, and cymene. Savory oils are extracted from two types of herbs
which include Satureja Hortensis and Satueia Montana; these are
further called as Summer savory oil and Winter savory oil
respectively. This essential oil is derived from native plants which
are found in Africa and Europe. The savory oil market is growing
because of its health benefits and usage in the food industry. Savory
oil is a stimulating oil which is used to treat arthritis, and it is
antibacterial, antioxidant and anti-fungal in nature. The savory oil
acts as a pain relieving remedy and also stimulates the immune
system.
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Savory
Oil Market Segmentation
Savory
oil market can be segmented on the basis of types, application,
packaging, distribution channel, and region.
By
types, savory oil market can be segmented into Summer Savory Oil and
Winter Savory Oil. Summer Savory Oil has more benefits than Winter
Savory Oil and is considered more preferable for cooking because it
has less pungent and biting taste compared to Winter Savory Oil.
Hence Summer Savory Oil is driving the market more than the Winter
Savory Oil.
By
application, savory oil market can be segmented into the food
industry, personal care, and pharmaceutical industry. In the food
industry, the Summer Savory Oil is used in cooking food. Summer and
Winter Savory Oil both are used as a flavour in food, but Summer
Savory Oil being the well-accepted one. Savory Oil is used as
condiments and in marination of meat and fish products. In personal
care due to its antiseptic properties, it is used to make soaps. In
the pharmaceutical industry, savory oil is used for medicinal
purposes to treat burns, ulcers, bites, to stop bleeding and others.
By
packaging, savory oil market can be segmented into glass bottles and
P.E.T bottles. By distribution channels, savory oil market can be
segmented into direct and indirect sales, which can be further
sub-segmented as modern trade units, food service establishments,
departmental stores, convenience stores, retail stores and online
retail.
By
region, North America savory oil market has driven by the consumer
awareness for herbal and organic products. The benefits of savory oil
is also driving the market of Asia-Pacific, and it is the fastest
growing market for savory oil. Europe and Africa being the producer
of the Savory herb are the leaders of Savory oil market.
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Savory
Oil Market Drivers, Trends, and Restraints
According
to the recent trend of being healthy and leading a healthy lifestyle,
people of the urban region are more attracted towards the organic
products than the chemical ones. One of the significant benefits of
using savory oil is that it has anti-fungal and anti-septic
properties which can heal many infectious diseases in human. Savory
oil is used as healthy food preservative and additives due to its
anti-bacterial properties. It gives a tangy taste and flavor to the
food also. The people who are health concerned, look forward to
savory oil for cooking as it is an excellent source of vitamins and
minerals. Savory oil is the richest source of iron, potassium,
calcium, magnesium, zinc, manganese and selenium. The savory oil is
an important source of vitamins like B-complex group vitamins,
vitamin C, vitamin A, thiamine, niacin, and pyridoxine. One of the
most benefits of savory oil is that it is cholesterol free. Savory
oil can relieve a sore throat and treat bronchitis to a level when
used in food. These are the reasons why people are attracted towards
savory oil and thus driving the market globally.
In
the few parts of the world lack of knowledge about the benefits of
the savory oil is obstructing the market to grow. The price of savory
oil, compared to other edible oils are a bit higher, due to which
people are not able to afford, and hence it is inhibiting the market
to grow.
Savory
Oil Market Key Players
The
benefits of savory oil are attracting the manufacturers to produce
and supply savory oil and its products among customers around the
globe. Some of the key manufacturers of savory oil are Crystal
Aromatics, Gritman Essential oils, Living Libations, Mountain Rose
Herbs, Jade Bloom, Florihana, Oshadhi, Hopewell Essential Oils,
Shamim Daru Co., Stillpoint Aromatics, Edens Garden, Spectrum
Chemical Manufacturing Corporation Pvt Ltd., Young Living Essential
Oils, Parchem Fine and Speciality Chemicals and others.
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