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The global eucalyptus essential oil industry is being aided by the growing product demand from various end use sectors like cosmetics, food and beverage, and others. The growing applications of the product in the pharmaceutical industry, owing to its antimicrobial and anti-septic properties, are significantly contributing to the market growth. Several studies have demonstrated its effectiveness in treating wounds, burns, cuts, abrasions, sores, and scrapes. Further, eucalyptus essential oil is also finding applications in trichology to treat dandruff and itchy scalp. Based on nature, the organic segment is expected to witness a significant growth over the forecast period owing to the rising consumer awareness regarding the harmful effects of artificial ingredients and synthetic chemicals on human health. Consumers are ready to pay more for products that are free from synthetic and inorganic chemicals, thus, significantly aiding the growth of the segment.
The growing demand for clean labelled and organic products is compelling manufacturers to use natural ingredients like eucalyptus essential in various formulations. This is expected to aid the sales of the product. The growth of the e-commerce industry and the easy availability of eucalyptus essential oil through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) are expected to significantly contribute to the market growth over the forecast period.
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The major players in the global eucalyptus essential oil market are doTERRA International, LLC, NOW Health Group, Inc., Augustus Oils Ltd., Plant Therapy Essential Oils, and Young Living Essential Oils, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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