Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), 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: ETC079504 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Lavender Oil Market is emerging as a fast-growing market. It has shown significant growth. Preference for natural fragrances among individuals, Population being health conscious & aware of the benefits obtained from natural lavender oil, growing standard of living and high per capita income followed by an increased spending are factors driving growth in Latin America Lavender oil market. However, high cost of lavender, limited availability of natural lavender due to increasing deforestation and its side effects of consumption are some restrains faced by market in this region. Further, the outbreak of Covid-19 has disrupted the supply chains due to the trade restrictions imposed by government and restrictions on import of lavender oil from Europe (which accounts for highest production of lavender oil). However, this market has shown rapid recovery from the harsh market conditions of 2020. Overall, COVID-19 had a positive impact on this market as the release of lockdown in various regions has increased the consumption of high-quality food & beverages, cosmetics & toiletries, home care, aromatherapy, health care, feed products.
According to 6Wresearch, Latin America Lavender Oil Market size is anticipated to register growth during 2021-27. Brazil accounts for highest market share in this region. In recent years, Brazil lavender oil market has maintained significant increasing in demand due to domestic demand. Population are opting towards natural and organic products due to their high nutritional content and other health benefits. Brazil is followed by Mexico, Peru and El Salvador and they are anticipated to register substantial growth due to increase in demand among population. Some of the key Players in this region are doTerra International, Young Living Essential Oils, B.V., do Terra.
Latin America lavender oil market can be segmented on the biases of distribution channel and Applications. Based on distribution channel, the market is categorized into pharmacy and drug stores, health and beauty stores, online retailing, and others. Based on Applications, it is divided into food and beverage, cosmetic, and pharmaceutical. Applications of lavender oil are anticipated to grow at a significant pace. Further, Pharmaceutical demand for lavender oil products is increasing in this region due to the beneficial effects of lavender oil particularly as an antibacterial and anti-fungal solution to effectively counter sunburns, insomnia, wounds and other ailments. End users for lavender oil are consumers inclining towards the products that are produced naturally should be organic and have health benefits especially after the Covid-19 outbreak.
The Latin America Lavender Oil market report thoroughly covers the market by Applications, distribution channels, and countries including Brazil, El Salvador, Peru, Argentina, among other key countries. The Latin America Lavender Oil market outlook report provides an unbiased and detailed analysis of the on-going Latin America 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.
Markets Covered
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 Latin America Lavender oil Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Lavender oil Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Lavender oil Market - Industry Life Cycle |
3.4 Latin America Lavender oil Market - Porter's Five Forces |
3.5 Latin America Lavender oil Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Lavender oil Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.7 Latin America Lavender oil Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Latin America Lavender oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Lavender oil Market Trends |
6 Latin America Lavender oil Market, 2017 - 2027 |
6.1 Latin America Lavender oil Market, Revenues & Volume, By Application, 2017 - 2027 |
6.2 Latin America Lavender oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 Brazil Lavender oil Market, 2017 - 2027 |
7.1 Brazil Lavender oil Market, Revenues & Volume, By Application, 2017 - 2027 |
7.2 Brazil Lavender oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Mexico Lavender oil Market, 2017 - 2027 |
8.1 Mexico Lavender oil Market, Revenues & Volume, By Application, 2017 - 2027 |
8.2 Mexico Lavender oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Argentina Lavender oil Market, 2017 - 2027 |
9.1 Argentina Lavender oil Market, Revenues & Volume, By Application, 2017 - 2027 |
9.2 Argentina Lavender oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Rest of Latin America Lavender oil Market, 2017 - 2027 |
10.1 Rest of Latin America Lavender oil Market, Revenues & Volume, By Application, 2017 - 2027 |
10.2 Rest of Latin America Lavender oil Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Latin America Lavender oil Market Key Performance Indicators |
12 Latin America Lavender oil Market - Opportunity Assessment |
12.1 Latin America Lavender oil Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Lavender oil Market Opportunity Assessment, By Application, 2020 & 2027F |
12.3 Latin America Lavender oil Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 Latin America Lavender oil Market - Competitive Landscape |
13.1 Latin America Lavender oil Market Revenue Share, By Companies, 2020 |
13.2 Latin America Lavender oil Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |