Vetiver Oil Market Insights and Growth by 2031
Vetiver oil is acquired from the vetiver plant and is additionally alluded to as "khus". It emanates an overwhelming aroma, more probable a natural one and has a few focal points. It has a place with the poaceae family and is a lasting plant. Commonly it is developed in every single tropical district on a wide scale. The development of the vetiver oil market is affected by numerous elements. For instance, the pharmaceutical industry, food, and beverage industry, cosmetics, and perfume industry are utilizing the vetiver oil in their products. Also, the growing awareness related to the benefits of vetiver oil and higher discretionary cashflow of individuals who can stand to spend more on beauty care products made from natural and organic ingredients is expected to drive the market growth.
MARKET DYNAMICS
Vetiver oil offers advantages, for example, cooling and relieving impact that calms a wide range of aggravation. It gives help from irritation in both circulatory and sensory systems and, in this way, is utilized for treating the disturbance brought about by parchedness and sunstroke. Vetiver oil helps patients experiencing strong throbs, joint pain, gout, and stiffness. The developing utilization of vetiver oil in clinical applications is relied upon to fuel advertise development over the conjecture time frame. Regarding individual consideration, vetiver oil finds different applications, including the improvement of hair and skin, perfumery makeup, and color cosmetics. Aromatherapy developed as a significant application for vetiver oil. The development of fragrance based treatment is principally credited to the changing way of life of customers around the globe. Occupied and boisterous way of life has made a noteworthy necessity for stress diminishing treatments along these lines pushing the interest for vetiver oil.
MARKET SCOPE
The "Global Vetiver Oil Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the vetiver oil market with detailed market segmentation by form, application and geography. The global vetiver oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading vetiver oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global vetiver oil market is segmented on the basis of form and application. On the basis of form, the vetiver oil market is segmented into form, absolute, concentrates, blends. By application the vetiver oil market is segmented into food & beverage, cosmetics & toiletries, aromatherapy, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global vetiver oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The vetiver oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the vetiver oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the vetiver oil market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global vetiver oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The vetiver oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the vetiver oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the vetiver oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the vetiver oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from vetiver oil market are anticipated to lucrative growth opportunities in the future with the rising demand for aluminum castings in the global market. Below mentioned is the list of few companies engaged in the vetiver oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the vetiver oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aromatic Herbals Private Limited
- Unicode S.A
- Frager SA
- Manohar Botanical Extracts Pvt. Ltd.
- Rajkeerth Aromatics and Biotech Pvt. Ltd.
- Imperial Extracts
- Amphora Aromatics Ltd.
- Vee Kay International
- Aromaaz International
- Synthite Industries Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vetiver Oil Market - By Form
1.3.2 Vetiver Oil Market - By Application
1.3.3 Vetiver Oil Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VETIVER OIL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VETIVER OIL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VETIVER OIL MARKET - GLOBAL MARKET ANALYSIS
6.1. VETIVER OIL - GLOBAL MARKET OVERVIEW
6.2. VETIVER OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VETIVER OIL MARKET - REVENUE AND FORECASTS TO 2028 - FORM
7.1. OVERVIEW
7.2. FORM MARKET FORECASTS AND ANALYSIS
7.3. ABSOLUTE
7.3.1. Overview
7.3.2. Absolute Market Forecast and Analysis
7.4. CONCENTRATES
7.4.1. Overview
7.4.2. Concentrates Market Forecast and Analysis
7.5. BLENDS
7.5.1. Overview
7.5.2. Blends Market Forecast and Analysis
8. VETIVER OIL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGE
8.3.1. Overview
8.3.2. Food and Beverage Market Forecast and Analysis
8.4. COSMETICS AND TOILETRIES
8.4.1. Overview
8.4.2. Cosmetics and Toiletries Market Forecast and Analysis
8.5. AROMATHERAPY
8.5.1. Overview
8.5.2. Aromatherapy Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. VETIVER OIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vetiver Oil Market Overview
9.1.2 North America Vetiver Oil Market Forecasts and Analysis
9.1.3 North America Vetiver Oil Market Forecasts and Analysis - By Form
9.1.4 North America Vetiver Oil Market Forecasts and Analysis - By Application
9.1.5 North America Vetiver Oil Market Forecasts and Analysis - By Countries
9.1.5.1 United States Vetiver Oil Market
9.1.5.1.1 United States Vetiver Oil Market by Form
9.1.5.1.2 United States Vetiver Oil Market by Application
9.1.5.2 Canada Vetiver Oil Market
9.1.5.2.1 Canada Vetiver Oil Market by Form
9.1.5.2.2 Canada Vetiver Oil Market by Application
9.1.5.3 Mexico Vetiver Oil Market
9.1.5.3.1 Mexico Vetiver Oil Market by Form
9.1.5.3.2 Mexico Vetiver Oil Market by Application
9.2. EUROPE
9.2.1 Europe Vetiver Oil Market Overview
9.2.2 Europe Vetiver Oil Market Forecasts and Analysis
9.2.3 Europe Vetiver Oil Market Forecasts and Analysis - By Form
9.2.4 Europe Vetiver Oil Market Forecasts and Analysis - By Application
9.2.5 Europe Vetiver Oil Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Vetiver Oil Market
9.2.5.1.1 Germany Vetiver Oil Market by Form
9.2.5.1.2 Germany Vetiver Oil Market by Application
9.2.5.2 France Vetiver Oil Market
9.2.5.2.1 France Vetiver Oil Market by Form
9.2.5.2.2 France Vetiver Oil Market by Application
9.2.5.3 Italy Vetiver Oil Market
9.2.5.3.1 Italy Vetiver Oil Market by Form
9.2.5.3.2 Italy Vetiver Oil Market by Application
9.2.5.4 United Kingdom Vetiver Oil Market
9.2.5.4.1 United Kingdom Vetiver Oil Market by Form
9.2.5.4.2 United Kingdom Vetiver Oil Market by Application
9.2.5.5 Russia Vetiver Oil Market
9.2.5.5.1 Russia Vetiver Oil Market by Form
9.2.5.5.2 Russia Vetiver Oil Market by Application
9.2.5.6 Rest of Europe Vetiver Oil Market
9.2.5.6.1 Rest of Europe Vetiver Oil Market by Form
9.2.5.6.2 Rest of Europe Vetiver Oil Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vetiver Oil Market Overview
9.3.2 Asia-Pacific Vetiver Oil Market Forecasts and Analysis
9.3.3 Asia-Pacific Vetiver Oil Market Forecasts and Analysis - By Form
9.3.4 Asia-Pacific Vetiver Oil Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Vetiver Oil Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Vetiver Oil Market
9.3.5.1.1 Australia Vetiver Oil Market by Form
9.3.5.1.2 Australia Vetiver Oil Market by Application
9.3.5.2 China Vetiver Oil Market
9.3.5.2.1 China Vetiver Oil Market by Form
9.3.5.2.2 China Vetiver Oil Market by Application
9.3.5.3 India Vetiver Oil Market
9.3.5.3.1 India Vetiver Oil Market by Form
9.3.5.3.2 India Vetiver Oil Market by Application
9.3.5.4 Japan Vetiver Oil Market
9.3.5.4.1 Japan Vetiver Oil Market by Form
9.3.5.4.2 Japan Vetiver Oil Market by Application
9.3.5.5 South Korea Vetiver Oil Market
9.3.5.5.1 South Korea Vetiver Oil Market by Form
9.3.5.5.2 South Korea Vetiver Oil Market by Application
9.3.5.6 Rest of Asia-Pacific Vetiver Oil Market
9.3.5.6.1 Rest of Asia-Pacific Vetiver Oil Market by Form
9.3.5.6.2 Rest of Asia-Pacific Vetiver Oil Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vetiver Oil Market Overview
9.4.2 Middle East and Africa Vetiver Oil Market Forecasts and Analysis
9.4.3 Middle East and Africa Vetiver Oil Market Forecasts and Analysis - By Form
9.4.4 Middle East and Africa Vetiver Oil Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Vetiver Oil Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vetiver Oil Market
9.4.5.1.1 South Africa Vetiver Oil Market by Form
9.4.5.1.2 South Africa Vetiver Oil Market by Application
9.4.5.2 Saudi Arabia Vetiver Oil Market
9.4.5.2.1 Saudi Arabia Vetiver Oil Market by Form
9.4.5.2.2 Saudi Arabia Vetiver Oil Market by Application
9.4.5.3 U.A.E Vetiver Oil Market
9.4.5.3.1 U.A.E Vetiver Oil Market by Form
9.4.5.3.2 U.A.E Vetiver Oil Market by Application
9.4.5.4 Rest of Middle East and Africa Vetiver Oil Market
9.4.5.4.1 Rest of Middle East and Africa Vetiver Oil Market by Form
9.4.5.4.2 Rest of Middle East and Africa Vetiver Oil Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vetiver Oil Market Overview
9.5.2 South and Central America Vetiver Oil Market Forecasts and Analysis
9.5.3 South and Central America Vetiver Oil Market Forecasts and Analysis - By Form
9.5.4 South and Central America Vetiver Oil Market Forecasts and Analysis - By Application
9.5.5 South and Central America Vetiver Oil Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vetiver Oil Market
9.5.5.1.1 Brazil Vetiver Oil Market by Form
9.5.5.1.2 Brazil Vetiver Oil Market by Application
9.5.5.2 Argentina Vetiver Oil Market
9.5.5.2.1 Argentina Vetiver Oil Market by Form
9.5.5.2.2 Argentina Vetiver Oil Market by Application
9.5.5.3 Rest of South and Central America Vetiver Oil Market
9.5.5.3.1 Rest of South and Central America Vetiver Oil Market by Form
9.5.5.3.2 Rest of South and Central America Vetiver Oil Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. VETIVER OIL MARKET, KEY COMPANY PROFILES
11.1. AROMATIC HERBALS PRIVATE LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. UNICODE S.A
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FRAGER SA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MANOHAR BOTANICAL EXTRACTS PVT. LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. RAJKEERTH AROMATICS AND BIOTECH PVT. LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IMPERIAL EXTRACTS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. AMPHORA AROMATICS LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. VEE KAY INTERNATIONAL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. AROMAAZ INTERNATIONAL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SYNTHITE INDUSTRIES LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Aromatic Herbals Private Limited
2. Unicode S.A
3. Frager SA
4. Manohar Botanical Extracts Pvt. Ltd.
5 .Rajkeerth Aromatics and Biotech Pvt. Ltd.
6. Imperial Extracts
7. Amphora Aromatics Ltd.
8. Vee Kay International
9. Aromaaz International
10. Synthite Industries Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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