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The market for helichrysum oil is driven by the rising appeal for traditional products, which have been in use since ages. Helichrysum oil enriches the skin with its application and was primarily used in countries like Turkey, Bosnia and Herzegovina, Italy, Spain, and Portugal. The product is famous for its potential to extract pyrones, sesquiterpenes, triterpenoids, and flavonoids. Further, the product is gaining popularity across the globe owing to its several full-body benefits as a result of anti-inflammatory, antioxidant, antimicrobial, antifungal, and antibacterial properties, corticoid-like effects, free radical scavenging activity, and inflammatory enzyme inhibition. Thereby aiding the market growth over the forecast period. The helichrysum oil industry is propelled by the rising awareness regarding the elevated health benefits of helichrysum oil across several social media platforms. This is aiding the market growth of the product.
The extensive application of helichrysum oil across the healthcare and wellness sectors is providing an impetus to the market growth of the product. Rocky Mountain Oils, LLC, a key market player, offers the helichrysum oil for various purposes. They make for an effective facial and body spray or can be used as a healthful addition to skincare formulations. The product is available on e-commerce site Amazon, Inc. (NASDAQ: AMZN). The rising penetration of e-commerce sites is expected to invigorate the market growth of the product.
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Mountain Rose Herbs, Rocky Mountain Oils, LLC, Ultra International B.V., Immortelle Therapy, d?TERRA International, LLC, and Frontier Cooperative, among others, are the key players in the global helichrysum oil market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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