Rose Oil Market Growth, Opportunities and Forecast to 2023

07/mag/2019 12:28:43 Pradeep Z Contatta l'autore

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The global rose oil market has been segregated, by category, into organic and conventional. The conventional segment is expected to garner major share in the global rose oil market owing to the huge availability of conventional rose oil. However, the organic segment is anticipated to project a higher CAGR during the forecast period due to the rising inclination of consumers towards organic products.

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Rose oil has been used in aromatherapy very commonly, due to its fragrance and therapeutic effect. Damascus rose, and centifolia roses are two of the major species, from which rose oil is extracted through the process of solvent extraction and steam distillation. The chemical components used to make the oil are Citronellol, Citronellyl Acetate, Citral, Carvone, Ethanol, Eugenol, Farnesol, Methyl Eugenol, Stearpoten, Nonanal, Nerol, Phenyl Acetaldehyde, Phenyl Geraniol, and Phenylmethyl Acetate. These components help to the overall health of the body in different ways and are, therefore, equally essential for wellbeing.

Key Players

Some of the key players in the global rose oil market are Sigma-Aldrich, Inc. (US), Ernesto Ventos SA (Spain), Alteya Organics, LLC (US), Givaudan SA (Switzerland), Firmenich International SA (Switzerland), Symrise AG (Germany), V. MANE FILS SA (France), Robertet SA (France), International Flavors & Fragrances Inc. (US), and BERJÉ INC. (Switzerland).

Segmentation

The global rose oil market has been segmented based on type, category, application, and region.

By type, the global rose oil market has been classified as rose otto, rose absolute and others.

Based on category, the market is segregated as organic and conventional.

Regional Analysis

Asia-Pacific and RoW rose oil market are expected to grow at a rapid pace due to the surging production and consumption of rose oil in the regions. Moreover, North America is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of rose oil and growing cosmetic and toiletries industry in the region

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