Rose Oil Market Outlook
Rose oil refers to an essential oil extracted from the petal of roses. It is obtained through processes such as steam distillation, solvent extraction, and supercritical carbon dioxide extraction. The oil comprises of essential chemical components, such as geraniol, linalool, citronellol, geranyl acetate and eugenol.
The global rose oil market is expected to exhibit a CAGR of 6.84% during 2022-2027. Looking forward, IMARC Group expects the market to continue its robust growth during the forecast period (2022-2027).
As a result, it is widely used for aromatherapy, medical, and skincare applications. Moreover, rose oil is also used in the manufacturing of perfumes and is more functional than other essential oils.
Rose Oil Market Trends:
The global rose oil market is primarily driven by rapid urbanization and the increasing consumer preferences for aromatic essential oils. Furthermore, the growing prevalence of chronic medical ailments, such as arthritis, asthma, gout, irritable bowel syndrome (IBS) and gastroesophageal reflux disease (GERD), is also propelling a positive outlook on the market. Rose oil also has anti-inflammatory, acne-preventing, anti-aging, moisturizing, rejuvenating, stimulating and skin healing properties.
Additionally, several product innovations, such as the introduction of herbal and organic variants, are acting as other growth-inducing factors. Besides this, aggressive promotional activities through social media platforms and online retail channels, along with the rising expenditure capacities of the consumers, are expected to further strengthen the market growth in the coming years.
Competitive Landscape with Key Players:
The report has categorized the market based on source, product, distribution channel and application.
- Alteya Organics LLC
- Berje Inc.
- Ernesto Ventós S.A.
- Firmenich SA
- Givaudan SA
- International Flavors & Fragrances Inc.
- MANE SA
- Robertet SA
- Sigma-Aldrich Inc. (Merck KGaA)
Rose Oil Market Segmentation:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Breakup by Source:
- Rosa Damascena
- Rosa Centifolia
Based On Product:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
Based On Application:
- Fragrance and Cosmetics
- Food and Beverages
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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