August 31, 2020

With Changing Consumer Lifestyle Herb Oil Market Records Upward trend on the Global Platform

This report provides the forecast and analysis of the global herb oil market. It provides the historical data of 2012 to 2016, the estimated data for 2017 and forecast data up to 2022 in terms of revenue (US$ Mn). The report also includes macro-economic indicators along with an outlook about herb oil for the global market. It includes the drivers and restraints of the global herb oil market, and their impact on each region during the forecast period. The report also comprises the study of ongoing industry trends and opportunities for the herb oil market. For providing users a dashboard view of the herb oil market, we have included a detailed competitive analysis, along with key players in the market and analysis on the strategies adopted by the key competition in the market. The competitive dashboard provides a detailed comparison of herb oil manufacturers on the basis of revenue, product offerings and key strategies. The study encompasses market attractiveness analysis by product type, end-use, extraction method, sales channel and region.

The herb oil market study provides an outlook through metrics such as Y-o-Y growth, CAGR and absolute dollar opportunity to provide readers all the quantitative data pertaining to the herb oil market that they require. The report has taken an in-depth look at the supply chain by evaluating the relationship that exists between various supply chain partners or stakeholders and highlighted the cost structure that exists in the herb oil market. The pricing analysis, raw material source analysis and a list of distributors has been included in this section of the herb oil market report. At the end of the report, a list of important participants is provided on a regional intensity map.

The report includes the company profiles of key manufacturers of herb oil in North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan and the Middle East and Africa. All the key applications of herb oil have been considered based on secondary sources. Some of the key data points involved in the modelling approach include the food & beverages industry scenario, pharmaceutical industry scenario and personal care industry scenario. The market has been forecasted based on constant currency rates.

A detailed study of the herb oil market has provided our analysts observations pertaining to a shift towards the consumption of herb oil over the forecast period. Consumers are increasingly preferring naturally derived food products, especially herb oil, due to the benefits offered by them.

A number of primary and secondary sources were consulted during the course of the herb oil study. Secondary sources include Factiva, Hoovers, U.S. Food and Agriculture Organization databases, country associations and company annual reports & publications. This report covers market dynamics related to herb oil that include the drivers & trends of each segment and opportunities in the herb oil market. The report also includes an analysis and insights into the potential of the herb oil market in specific regions. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, product portfolio of herb oil manufacturers and recent developments in the herb oil market space. Some of the key players in the herb oil market are Young Living Essential Oils LC, Symrise AG, Givaudan SA, International Flavors & Fragrances Inc., Biolandes SAS, DoTERRA International LLC, The Lebermuth Company, China Flavors and Fragrances Company Limited, Citrus and Allied Essences Ltd. and Enio Bonchev Production Ltd.

Global Herb Oil Market โ€“ By Product Type

  • Basil
  • Mint
  • Thyme
  • Dill
  • Other Herbs

Global Herb Oil Market โ€“ By Application

  • Personal Care and Cosmetic
  • Food & Beverage
  • Pharmaceutical
  • Aromatherapy
  • Industrial
  • Other Application

Global Herb Oil Market โ€“ By Extraction

  • Distillation
  • Solvent Extraction
  • Cold Pressing
  • Other Extraction Method

Global Herb Oil Market โ€“ By Sales Channel

  • Specialty Store
  • Modern Trade
  • Drug Stores
  • Online Store
  • Other Sales Channel

Global Herb Oil Market โ€“ By Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

The data scrutiny of the global herb oil market is estimated in terms of value consumption. To arrive at the consumption of herb oil, the production data of countries producing different types of herbs across the globe has been taken into consideration. In addition, the production and application of herb oil in top producing countries is tracked for benchmarking. Furthermore, Future Market Insights has estimated volume data on the consumption of herb oil for several countries by understanding the demand and supply of herb oil. This includes a scrutiny of the production, growth, volume & value sales, transition, pricing, population and consumption of herb oil among end-user verticals.

FMI then determined the volume consumption of herb oil across various regions, including North America, Latin America, Europe, Japan, Asia-Pacific excluding Japan and Middle East and Africa. Forecasting is done based on an internal proprietary model using different macro-economic industry-based demand-driving factors that impact the market and its forecast trends by identifying and allocating a weighted score to forecast factors that influence the demand for herb oil.

Given the characteristics of the market, FMI triangulated the data based on supply side, demand side and dynamics of the global herb oil market. To develop the global herb oil market forecast, FMI analysed various factors to understand their respective impact on the target market. However, quantifying the market across the abovementioned segments is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

It is imperative to note that in an ever-fluctuating economy, we not only provide forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand predictability of the herb oil market as well as identify the right opportunities.

Another key feature of this report is the analysis of the global herb oil market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the herb oil market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global herb oil market.

To understand key segments in terms of their growth and performance in the global herb oil market, Future Market Insights has also presented a market attractiveness index, which is expected to help providers identify existing market opportunities in the global herb oil market.

The report covers an in-depth analysis of all value-chain components in the global herb oil market. In the final section of the report on the global herb oil market, a competitive landscape is included to provide a dashboard view of global herb oil manufacturers.