As per this study the Global Helichrysum Oil market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of XX%.
Helichrysum oil is a yellow-red colored essential oil extracted from the flower of helichrysum angustifolium and has a strong fruity fragrance. It posses anti-inflammatory, anti-microbial, anti-oxidant, anti-allergic and other therapeutic properties used for the cosmetic and medicinal purpose. Helichrysum oil is extensively used in healing circulation disorders, rheumatoid arthritis, cough, cold, flu, dermatitis, scars, acne, relaxing muscle pain and reducing wrinkles.
Rising awareness regarding skin care among the end-use population is driving the market growth. Excellent therapeutic properties of helichrysum oil are further fueling its demand in the cosmetic and pharmaceutical sector. The shift in consumer preference towards herbal ingredient is boosting the market growth. However, the relatively high cost of helichrysum oil is likely to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of helichrysum oil.
The broad helichrysum oil market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Pure Helichrysum Oil
- Compound Helichrysum Oil
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for helichrysum oil in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Helichrysum Oil Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the helichrysum oil market include DoTERRA Essential Oils, Helichrysum Croatia, Highland Essential Oils and Nature’s Sunshine Products. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.