Global Natural Agarwood Essential Oil Market Research Report Information by Source, by Form, by Nature, by End-User, by Application, by Distribution Channel and By Region Forecast Till 2032

Description

List of Tables

Global Natural Agarwood Essential Oil Market Research Report Information by Source (Wood, Flowers, Bark, Resin), by Form (Oil & Wax), by Nature (Organic, Regular), by End-User (Residential, Commercial/Industrial), by Application (Food & Beverages, Pharmaceuticals & Cosmetics & Personal Care), by Distribution Channel (B2B Suppliers & Wholesalers, Supermarket & Hypermarket, Specialty Stores, Grocery Stores and Convenience, Online Channels) and By Region (North America, Europe, South America, Asia Pacific, Middle East & Africa) Forecast Till 2032

Market Overview

The Natural Agarwood Essential Oil Market is expected to develop significantly, with a Compound Annual Growth Rate (CAGR) of 6.9% over the forecast period. The market's estimated value in 2023 was USD 76.81 million, and it is expected to reach USD 138.66 million by the conclusion of the forecast period, which runs from 2024 to 2032. The Natural Agarwood Essential Oil Market is predicted to rise gradually in the coming years, owing to a number of factors, including the growing popularity of natural and organic products, the increased use of aromatherapy, and the growing demand for luxury goods.

Market Segment insights

According to the source, the Natural Agarwood Essential Oil Market is divided into four categories: wood, flowers, bark, and resin.

According to the shape, the market has been divided into oil and wax.

The Natural Agarwood Essential Oil Market is divided into two categories: organic and regular.

The market has been divided into two segments based on end users: residential and commercial/industrial.

The Natural Agarwood Essential Oil Market is divided into four segments based on its application: food and beverages, pharmaceuticals, cosmetics, and personal care.

The market is divided into five distribution channels: B2B Suppliers & Wholesalers, Supermarkets & Hypermarkets, Specialty Stores, Grocery Stores & Convenience, and Online.

Regional insights

The Natural Agarwood Essential Oil Market study is divided into five regions: North America, South America, Europe, Asia Pacific, and the Middle East and Africa. In 2023, the Asia Pacific region will have the greatest market share at 48.82%, with a CAGR of 7.7%. The Asia Pacific area is the largest and most rapidly expanding market for natural agarwood essential oil. This region is home to the principal producers of agarwood, including India, Vietnam, and Thailand, where the tree is indigenous and has been utilized for millennia in traditional medicine, religious rites, and perfumes. The economic expansion in China and India has resulted in higher disposable incomes, enlarging the consumer base for luxury and health products. Agarwood's cultural significance in many Asian countries contributes to its high demand. Furthermore, the growing middle class and urbanization are fueling the expansion of e-commerce, making these products more accessible to a larger audience. However, the market confronts issues such as over-exploitation of natural resources and the necessity for sustainable harvesting procedures to avoid the depletion of agarwood trees.

Major Players

Givaudan SA (Switzerland), Floral Essential Oil (India), Kush Aroma Exports (India), Sai Exports India (India), Avinaturals (India), Hoang Giang Agarwood Ltd. (Vietnam), Treedom Oud Ltd. (Thailand), Amarnath Exports (India), Venkatramna Industries (India), and Shiva Exports India (India) are among the major players in the processed meat industry.

Product Code: MRFR/F-B & N/38545-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING DEMAND FOR NATURAL AND HOLISTIC WELLNESS SOLUTIONS
- 4.2.2 GROWING DEMAND FOR ORGANIC AND CLEAN LABEL INGREDIENTS IN PERSONAL CARE PRODUCTS
- 4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 HIGH PRODUCTION COSTS AND LEGAL AND REGULATORY CHALLENGES
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
- 4.4.1 INNOVATION IN PRODUCT DEVELOPMENT
- 4.4.2 E-COMMERCE AND GLOBAL MARKET REACH
4.5 CHALLENGES
- 4.5.1 RISING PREVALENCE OF COUNTERFEIT PRODUCTS
- 4.5.2 GRADING CHALLENGES
4.6 COVID-19 IMPACT ANALYSIS
- 4.6.1 IMPACT ON PRODUCTION
- 4.6.2 IMPACT ON CONSUMER BUYING BEHAVIOR
- 4.6.3 IMPACT ON ONLINE VS ONLINE SALES
- 4.6.4 IMPACT ON PRICING
- 4.6.5 OTHERS
4.7 ANALYSIS ON INDIA AND MEA AGARBATTI MARKET
- 4.7.1 INDIA
- 4.7.2 MIDDLE EAST AND AFRICA
4.8 GRADE AND QUALITY
- 4.8.1 INDIA
- 4.8.2 BHUTAN
- 4.8.3 PHILIPPINES
- 4.8.4 CAMBODIA

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL
- 5.1.2 MANUFACTURING/PRODUCTION/PROCESSING
- 5.1.3 PACKING
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
5.3 SUPPLY CHAIN ANALYSIS
- 5.3.1 RAW MATERIAL
- 5.3.2 PRODUCT MANUFACTURING
- 5.3.3 DISTRIBUTORS
- 5.3.4 END USERS

6 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY SOURCE

6.1 OVERVIEW
6.2 WOOD
6.3 FLOWERS
6.4 BARK
6.5 RESIN

7 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY FORM

7.1 OVERVIEW
7.2 OIL
7.3 WAX

8 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY NATURE

8.1 OVERVIEW
8.2 ORGANIC
8.3 REGULAR

9 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY ENDUSER

9.1 OVERVIEW
9.2 RESIDENTIAL
9.3 COMMERCIAL/INDUSTRIAL

10 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION

10.1 OVERVIEW
10.2 FOOD & BEVERAGES
10.3 PHARMACEUTICALS
10.4 COSMETICS AND PERSONAL CARE

11 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY DISTRIBUTION CHANNEL

11.1 OVERVIEW
11.2 B2B SUPPLIERS & WHOLESALERS
11.3 SUPERMARKETS & HYPERMARKETS
11.4 SPECIALTY STORES
11.5 GROCERY STORES & CONVENIENCE
11.6 ONLINE CHANNELS

12 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION

12.1 OVERVIEW
- 12.1.1 GLOBAL NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2032
12.2 NORTH AMERICA
- 12.2.1 NORTH AMERICA: NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2032
12.3 SOUTH AMERICA
- 12.3.1 SOUTH AMERICA: NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2032
12.4 EUROPE
- 12.4.1 EUROPE: NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2032
12.5 ASIA PACIFIC
- 12.5.1 ASIA PACIFIC: NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2032
12.6 MIDDLE EAST & AFRICA
- 12.6.1 MIDDLE EAST & AFRICA: NATURAL AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2032

13 COMPETITIVE LANDSCAPE

13.1 INTRODUCTION
13.2 COMPETITOR DASHBOARD
13.3 KEY DEVELOPMENTS & GROWTH STRATEGIES

14 COMPANY PROFILES

14.1 GIVAUDAN SA
- 14.1.1 COMPANY OVERVIEW
- 14.1.2 FINANCIAL OVERVIEW
- 14.1.3 PRODUCTS OFFERED
- 14.1.4 KEY DEVELOPMENTS
- 14.1.5 SWOT ANALYSIS
- 14.1.6 KEY STRATEGIES
14.2 FLORAL ESSENTIAL OIL.
- 14.2.1 COMPANY OVERVIEW
- 14.2.2 FINANCIAL OVERVIEW
- 14.2.3 PRODUCTS OFFERED
- 14.2.4 KEY DEVELOPMENTS
- 14.2.5 SWOT ANALYSIS
- 14.2.6 KEY STRATEGIES
14.3 KUSH AROMA EXPORTS
- 14.3.1 COMPANY OVERVIEW
- 14.3.2 FINANCIAL OVERVIEW
- 14.3.3 PRODUCTS OFFERED
- 14.3.4 KEY DEVELOPMENTS
- 14.3.5 SWOT ANALYSIS
- 14.3.6 KEY STRATEGIES
14.4 SAI EXPORTS INDIA
- 14.4.1 COMPANY OVERVIEW
- 14.4.2 FINANCIAL OVERVIEW
- 14.4.3 PRODUCTS OFFERED
- 14.4.4 KEY DEVELOPMENTS
- 14.4.5 SWOT ANALYSIS
- 14.4.6 KEY STRATEGIES
14.5 AVINATURALS
- 14.5.1 COMPANY OVERVIEW
- 14.5.2 FINANCIAL OVERVIEW
- 14.5.3 PRODUCTS OFFERED
- 14.5.4 KEY DEVELOPMENTS
- 14.5.5 SWOT ANALYSIS
- 14.5.6 KEY STRATEGIES
14.6 HOANG GIANG AGARWOOD LTD
- 14.6.1 COMPANY OVERVIEW
- 14.6.2 FINANCIAL OVERVIEW
- 14.6.3 PRODUCTS OFFERED
- 14.6.4 KEY DEVELOPMENTS
- 14.6.5 KEY STRATEGIES
14.7 TREEDOMOUD (THAILAND) LTD.
- 14.7.1 COMPANY OVERVIEW
- 14.7.2 FINANCIAL OVERVIEW
- 14.7.3 PRODUCTS OFFERED
- 14.7.4 KEY DEVELOPMENTS
- 14.7.5 KEY STRATEGIES
14.8 AMARNATH EXPORTS
- 14.8.1 COMPANY OVERVIEW
- 14.8.2 FINANCIAL OVERVIEW
- 14.8.3 PRODUCTS OFFERED
- 14.8.4 KEY STRATEGIES
14.9 VENKATRAMNA INDUSTRIES
- 14.9.1 COMPANY OVERVIEW
- 14.9.2 FINANCIAL OVERVIEW
- 14.9.3 PRODUCTS OFFERED
- 14.9.4 KEY DEVELOPMENTS
- 14.9.5 KEY STRATEGIES
14.10 SHIVA EXPORTS INDIA
- 14.10.1 COMPANY OVERVIEW
- 14.10.2 FINANCIAL OVERVIEW
- 14.10.3 PRODUCTS OFFERED
- 14.10.4 KEY DEVELOPMENTS
- 14.10.5 KEY STRATEGIES