Global Eucalyptus Essential Oil Market to Grow at a CAGR of 5% During 2024-2032, Aided by the Growing Demand for Natural Products

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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Market Breakup by Nature, Type, Distribution Channel, Application, and Region:

• By nature, the industry can be bifurcated into organic and conventional.
• Based on type, the industry can be divided into eucalyptus globulus, eucalyptus citriodora, and eucalyptus radiata, among others.
• On the basis of distribution channel, the industry can be broadly divided into offline and online.
• The various applications of eucalyptus essential oil are food and beverage, aromatherapy, therapeutics, and cosmetics and personal care, among others.
• Region-wise, the global market for eucalyptus essential oil can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global market for eucalyptus essential oil is being driven by the growing awareness regarding the health benefits of essential oils and the rising consumer demand for plant based products.
• The growth of the major end use industries, particularly cosmetics, is further propelling the industry growth.
• The market is receiving a further impetus with the rising consumer disposable incomes and improving standards of living.
• The growing R&D activities and the new product launches are further propelling the market growth.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for eucalyptus essential oil for the periods (2018-2023) and (2024-2032).
• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the nature, types, distribution channels, applications, and major regions of eucalyptus essential oil.
• The report also gives the regional historical (2018-2023) and forecast (2024-2032) price trends of the product.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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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