Titled, “Global Eucalyptus Oil Market Professional Survey Report 2018,” this report has further offered detailed information about the growth rate of the market throughout the forecasted period. With a healthy CAGR of 6.1% during the anticipated period, the global eucalyptus oil market is rapidly developing in the last few years.
Due to its huge benefits, eucalyptus oil is being widely used in vapor rubs, healing ointments and in the cosmetics such as perfumes. Its analgesic agent helps in relieving pain and reduce inflammation.
Increasing usage of eucalyptus oil in the cosmetic industry is likely to boost the growth of the global eucalyptus oil market
Apart from its pharmaceutical usages, eucalyptus oil is significantly used in applications such as cosmetic industry. To get rid of dandruff and to treat the itchy scalp, eucalyptus oil is used in Trichology. Its scope has widened in the pharmaceutical industry as eucalyptus oil is broadly used for treating cuts, scrapes, wounds, abrasions, sores, and burns, mainly because of its antiseptic and antimicrobial nature. Eucalyptus oil is easily available and therefore it is an essential household commodity. Some of the chronic diseases such as bronchitis, asthma, and pneumonia along with COPD and tuberculosis are being effectively treated with eucalyptus oil. All these factors are playing important role in driving the demand for eucalyptus oil which will ultimately create the robust growth of the global eucalyptus oil market in the years to come.
Global Eucalyptus Oil Market- Segmental Analysis
On the basis of product, the global eucalyptus oil market is segmented into content 80%, content 70% and content 60%, while based on application, the market is segmented into spice industry, medicine, daily chemicals, and Other.
Global Eucalyptus Oil Market- Regional Outlook
On the basis of region, the market is segmented into Middle & East Africa, North America, Central & South America, Asia-Pacific, and Europe. Indonesia, Australia and New Guinea are few countries where the various species of eucalyptus are found in huge quantities. Australia covers the largest hectares of eucalypt forest. In terms of consumption of eucalyptus oil, Spain, Brazil, Portugal, and few other European countries grab the highest share, particularly in flavor and fragrance industry. This is the precise reason that regions such as Europe, Asia Pacific, and North America are dominating the global eucalyptus oil market during the estimated period.
Global Eucalyptus Oil Market- Key Players
The eucalyptus oil industry has witnessed large development in the last few years. Owing to the distribution of raw material, the concentration of industries in this market is higher. Yunnan Emerald Essence and Yunnan Tian Lake Essential Oil are the global leaders, while key leaders are Xiamen Bestdo Technology Development, Teck Soon Hong (Zhuhai) Flavours and YunNan Lorraine Aromatic. The manufacturers listed in this report captured more than 45% revenue share in the year 2017.
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