PUBLISHER: Verified Market Research | PRODUCT CODE: 1622556
PUBLISHER: Verified Market Research | PRODUCT CODE: 1622556
Eucalyptus Essential Oil Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
The increasing demand for eucalyptus essential oil from various industries such as personal care, food, and pharmaceutical is one of the major drivers that is boosting the growth of the Global Eucalyptus Essential Oil Market. The Global Eucalyptus Essential Oil Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Eucalyptus Essential Oil Market Definition
The eucalyptus is a diverse genus of flowering trees and shrubs. The steam distillation of eucalyptus results in eucalyptus essential oil. The eucalyptus is a native to Australia. Some species of eucalyptus are found in New Guinea and Indonesia. The eucalyptus essential oil is also extracted from the eucalyptus globulus which is an evergreen tree. The eucalyptus essential oil has several properties such as anti-fungal and antiseptic properties. The eucalyptus essential oil is also known to be a good insect repellent agent. The eucalyptus essential oil finds its uses across different end-user industries.
Global Eucalyptus Essential Oil Market Overview
Eucalyptus Essential Oil has a wide range of applications in the pharmaceutical and cosmetic industries. It is being used in trichology, where it is used for dandruff and itchy scalp treatment. As the eucalyptus essential oil is antimicrobial and anti-septic in nature, it is effective in treating wounds, abrasions, burns, cuts, sores, and scrapes that are widening the scope of the pharmaceutical industry. Eucalyptus essential oil comes in handy for household use as well. It is highly effective for treating respiratory problems such as asthma, bronchitis, COPD, Pneumonia, and even tuberculosis.
Owing to this critical factor and the important role played in the fields of the pharmaceutical and cosmetic industry, can help to drive the demand for the eucalyptus essential market.
The growth of the Global Eucalyptus Essential Oil Market is being driven by its rising adoption of food and personal care products. The manufacturers of food and personal care products are adopting natural ingredients such as eucalyptus essential oil in the manufacturing process of these products. The eucalyptus essential oil is antiseptic and antifungal. The eucalyptus essential oil is also used as an effective anti-inflammatory, antioxidant, and antimicrobial agent.
Natural ingredient-based products are widely used by consumers across the globe. Consumers are getting aware of the advantages of organic products and hence this has further led to the rapid growth of the market.
However, some restraints are the growth of the Global Eucalyptus Essential Oil Market. The amount of eucalyptus leaves required to create a single ounce of eucalyptus oil is large and thus the concerns related to resource depletion may hamper the growth of the Global Eucalyptus Essential Oil Market. The cost associated with the production of eucalyptus essential oil is huge and will hamper the growth of the market.
The Global Eucalyptus Essential Oil Market is segmented based on Product, Application, and Geography.