Market Forecast By Regions (Europe, North America, Latin America, Middle East, Africa and Asia Pacific), By Application (Food And Beverage, Cosmetic, Pharmaceutical), By Distribution Channel (Pharmacy And Drug Stores, Health And Beauty Stores, Online Retailing, Others) And Competitive Landscape
Product Code: ETC115042 | Publication Date: Sep 2021 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
The Global Lavender Oil Market is experiencing faster growth and the rising demand for organic and natural products is one of the major factors which is driving the growth of the sector. Consumers are becoming aware of the risks linked with additives and synthetic fragrances and they prefer organic options like lavender oil. The rising use of lavender oil in several industries like pharmaceuticals, cosmetics, and aromatherapy is another factor driving the sector. The antiseptic and anti-inflammatory properties of lavender oil make it one of the best ingredients for skin care products. The calming effects of this oil on the body and mind make it a popular choice for aromatherapy treatments. Moreover, technological advancements enabled better extraction methods which produce good quality oil. This led to a rise in production volumes from nations like Bulgaria, Australia, and France which are among the major exporters of lavender oil. These developments are contributing to the Global Lavender Oil Market Growth.Â
Global Lavender Oil Market is anticipated to gain sound growth prospects in the coming years. is obtained from the extract of the flower of lavender. Lavender oil is popular in the cosmetic sector as it is used for the purpose of fragrance and in the food industry it is used for flavouring purpose. Some factors driving the growth of the lavender oil global market are the Increasing demand for lavender oil in personal care products due to increasing preference for natural fragrances among consumers, growing awareness regarding health benefits, the growing popularity of aromatherapy, increasing demand for natural and organic cosmetics, growing use of lavender oil as essence or flavouring in food and beverages and medicines. However, the high cost of lavender, deforestation, low yield and side effects of consumption of lavender oil (like headache, constipation, and skin irritation), are some restraints to the growth of this market. Further, the outbreak of COVID-19 initially created a surge in demand for lavender oil with claims of antiviral and antibacterial effects. Although, the industry warned there is no sufficient evidence of its efficacy against the pandemic and the trade restrictions imposed by the government disrupted the supply chain which led to the decline of this market.
According to 6Wresearch, the Global Lavender Oil Market size is anticipated to register growth during 2021-2027. At Present, The market in North America accounts for the largest market share in terms of consumption. Rising demand for lavender oil products and its increasing use for aromatherapy are factors driving the growth of this market in countries like the United States which lies in this region. Europe is the largest producer of lavender oil in the global market with Bulgaria being the major contributor to lavender oil production in Europe. The market in the Asia Pacific region is expected to register substantial growth, especially in emerging economies like China, Japan and India over the next few years. Rising disposable income and rising preference for natural fragrances among individuals are factors supporting growth in these countries in the Asia Pacific. Some of the key players in the lavender oil market include NOW Foods, Enio Bonchev, Alpha Aromatics, Sydney Essential Oil Co. Pty Ltd., Young Living Essential Oils, Ovvio Oils, Alteya Group, Mother Herbs Private Limited, NHR Organic Oils.
The lavender oil market is globally segmented into its application and distribution channel. On the basis of Application, it is divided into food and beverage, cosmetic, and pharmaceutical. Pharmaceutical demand for lavender oil products is increasing. End users of lavender oil are consumers inclined towards the products that are produced naturally should be organic and have health benefits. For the cosmetic segment, the end users are mostly women, especially between the age group of 25 to 40 years.
The Global Lavender Oil market report thoroughly covers the market by Applications, distribution channels, and regions including North America, Latin America, Europe, Asia Pacific, the Middle East and Africa, and key countries. The Global Lavender Oil market outlook report provides an unbiased and detailed analysis of the ongoing Global Lavender Oil market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The market report covers the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Lavender Oil Market Overview |
3.1. Global Regional Macro Economic Indicators |
3.2. Global Lavender Oil Market Revenues & Volume, 2020 & 2027F |
3.3. Global Lavender Oil Market - Industry Life Cycle |
3.4. Global Lavender Oil Market - Porter's Five Forces |
3.5. Global Lavender Oil Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6. Global Lavender Oil Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
3.7. Global Lavender Oil Market Revenues & Volume Share, By Application, 2020 & 2027F |
4. Global Lavender Oil Market Overview, By Distribution Channel |
4.1. Global Lavender Oil Market Revenues & Volume, By Pharmacy and Drug Stores, 2020 & 2027F |
4.2. Global Lavender Oil Market Revenues & Volume, By Health and Beauty Stores, 2020 & 2027F |
4.3. Global Lavender Oil Market Revenues & Volume, By Online Retailing, 2020 & 2027F |
4.4. Global Lavender Oil Market Revenues & Volume, By Other, 2020 & 2027F |
5. Global Lavender Oil Market Overview, By Application |
5.1. Global Lavender Oil Market Revenues & Volume, By Food and Beverage, 2020 & 2027F |
5.2. Global Lavender Oil Market Revenues & Volume, By Cosmetics, 2020 & 2027F |
5.3. Global Lavender Oil Market Revenues & Volume, By Pharmaceutical, 2020 & 2027F |
6. Global Lavender Oil Market Dynamics |
6.1. Impact Analysis |
6.2. Market Drivers |
6.3. Market Restraints |
7. Global Lavender Oil Market Trends |
8. Global Lavender Oil Market, 2017 - 2027 |
8.1. Global Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8.2. Global Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
8.3. Global Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
9. North America Lavender Oil Market, 2017 - 2027 |
9.1. North America Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9.2. North America Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
9.3. North America Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
10. Latin America Lavender Oil Market, 2017 - 2027 |
10.1. Latin America Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10.2. Latin America Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
10.3. Latin America Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
11. Europe Lavender Oil Market, 2017 - 2027 |
11.1. Europe Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11.2. Europe Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
11.3. Europe Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
12. Middle East Lavender Oil Market, 2017 - 2027 |
12.1. Middle East Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
12.2. Middle East Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
12.3. Middle East Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
13. Africa Lavender Oil Market, 2017 - 2027 |
13.1. Africa Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
13.2. Africa Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
13.3. Africa Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
14. Asia Pacific Lavender Oil Market, 2017 - 2027 |
14.1. Asia Pacific Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
14.2. Asia Pacific Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
14.3. Asia Pacific Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
15. Global Lavender Oil Market, 2017 - 2027 |
15.1. Global Lavender Oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
15.2. Global Lavender Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
15.3. Global Lavender Oil Market, Revenues & Volume, By Countries, 2017 - 2027 |
16. Global Lavender Oil Market Key Performance Indicators |
17. Global Lavender Oil Market - Opportunity Assessment |
17.1. Global Lavender Oil Market Opportunity Assessment, By Countries, 2020 & 2027F |
17.2. Global Lavender Oil Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
17.3. Global Lavender Oil Market Opportunity Assessment, By Application, 2020 & 2027F |
18. Global Lavender Oil Market - Competitive Landscape |
18.1. Global Lavender Oil Market Revenue Share, By Companies, 2020 |
18.2. Global Lavender Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Disclaimer |