Vetiver Oil Market

Vetiver oil is a type of essential oil, which has soothing and healing properties. The oil is utilized in applications such as fragrances, flavoring in food & beverages, and pharmaceuticals among others. The oil is produced by distillation of vetiver roots, majorly in countries such as Haiti, Indonesia, India, Reunion (France), and Brazil. The medicinal properties of the oil are well documented and it is widely used as a traditional medicine for the treatment of boils, burns, insect bites, and stings. Increasing demand for vetiver oil in fragrances and pharmaceuticals applications has fueled the market growth. Moreover, the oil reduces inflammation, anxiety, nervousness, and is also used in medicines to eliminate scars and heal wounds.

Market Dynamics

The rising disposable income and the increasing awareness among many individuals about the importance of maintaining a proper personal care routine are expanding the demand for personal care products on a large scale. Vetiver oil is being used majorly in personal care products due to its benefits such as relaxation, fragrance, and soothing effects. Concurrently, it is effective in reducing stretch marks, and wrinkles. It is also beneficial in the treatment of skin diseases. Subsequently, vetiver oil is also used in certain food and beverages which ultimately may augment the market growth.

The emerging trend of consuming organic food items is increasing at a rapid rate around the globe. Furthermore, the popularity of vetiver oil in the pharmaceutical sector due to its characteristics such as strengthening the central nervous system may serve as a crucial aspect in strengthening the growth structure. Vetiver oil is also effective in reducing stress, anxiety, and insomnia. Therefore, it is largely used in spas and salons. All these factors may serve as growth accelerators for the vetiver oil market.

Key features of the study:

• This report provides in-depth analysis of global vetiver oil market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global vetiver oil market, based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include International Fragrance and Flavor Inc., Lluch Essence SL, UniKode S.A., Frager S.A., Robertet Group, Ernesto Ventos S.A., Floracopeia Inc., Fleurchem Inc., and Haiti Essential Oil Co. S.A.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
• The global vetiver oil market, report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vetiver oil market,

Detailed Segmentation:

• Global Vetiver Oil Market, By Application:
  • Fragrances
  • Food & Beverages
  • Pharmaceuticals
  • Others
• Global Vetiver Oil Market, By Region:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • South Korea
    • Australia
  • Middle East & Africa
    • Middle East
    • Africa
• Company Profile
  • International Fragrance and Flavor Inc.*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Lluch Essence SL
  • UniKode S.A.
  • Frager S.A.
  • Robertet Group
  • Ernesto Ventos S.A.
  • Floracopeia Inc.
  • Fleurchem Inc.
  • Haiti Essential Oil Co. S.A.

 “*” marked represents similar segmentation in other categories in the respective section