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Global Cassia Essential Oil Market: By Nature: Organic, Conventional; By Area of Plant: Leaves, Bark, Twigs, Others; By Distribution Channel: On Trade, Off Trade; By Application: Food and Beverages, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Cassia Essential Oil Market Outlook
The global cassia essential oil market is being aided by the growth of the essential oil market, which reached a volume of 177.6 thousand metric tons in 2020. The global essential oil market is further expected to grow at a CAGR of 8% in the forecast period of 2023-2028.
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The Asia Pacific to be a Major Regional Market for the Cassia Essential Oil Industry
The global cassia essential oil industry is being driven by the rising production of cassia in the Asia Pacific region. Cassia is widely cultivated in the Asia Pacific region, especially in countries like India, Indonesia, Thailand, Vietnam, Taiwan, and Malaysia. This has significantly aided the growth of the cassia essential oil industry in the region. The growing demand for natural cures in the region is also propelling the market growth.
Cassia Essential Oil: Market Segmentation
Cassia essential oil is extracted from the cassia plant bark, leaves and twigs using steam distillation. Cassia is popularly referred to as Chinese cinnamon, and its scientific name is Cinnamomum Cassia. Cassia is a Chinese and Burman-native evergreen tree. Cassia benzaldehyde, chavicol, cinnamic aldehyde, cinnamyl acetate, and linalool are the most common parts in the essential oil. The essential oil is widely used in the healthcare industry where it is renowned for enhancing circulation, arthritis therapy, and depression.
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Based on nature, the industry can be divided into the following:
- Organic
- Conventional
The area of plant can be divided as follows:
- Leaves
- Bark
- Twigs
- Others
The distribution channels in the market can be divided into on trade and off trade. The product finds wide applications in the following:
- Food and Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Others
The regional markets for cassia essential oil can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Essential Oils Bolstering the Market Growth of Cassia Essential Oil
The rising demand for essential oils is the primary factor driving the growth of the cassia essential oil industry. Rising health-consciousness among the consumers as well as the rising demand from beauty and skincare industry is also propelling the growth of the market. Consumers use essential oils because of their natural quality and medicinal benefits to the skin. The rising cases of diarrheal diseases has globally affected the market over the last few years. The rising cases of depression is also crucial in pushing the demand for cassia essential oil as customers of today's generation are struggling to adapt to the hectic lifestyles as well as struggle to overcome occupational pressure. Cassia essential oil has many health benefits, such as treatment of diarrhoea, blood circulation improvement, and as an effective antidepressant. These vital health benefits of cassia essential oil are, thus, further boosting its demand in the global market.
Key Industry Players in the Global Cassia Essential Oil Market
The report gives a detailed analysis of the following key players in the global cassia essential oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Augustus Oils Ltd.
- NOW Health Group, Inc.
- doTERRA International, LLC
- Young Living Essential Oils
- Inovia International
- AG Industries
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Area of Plant, Distribution Channel, Application, Region |
| Breakup by Nature | Organic, Conventional |
| Breakup by Area of Plant | Leaves, Bark, Twigs, Others |
| Breakup by Distribution Channel | On Trade, Off Trade |
| Breakup by Application | Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Augustus Oils Ltd., NOW Health Group, Inc., doTERRA International, LLC, Young Living Essential Oils, Inovia International, AG Industries, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cassia Essential Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Cassia Essential Oil Historical Market (2018-2022)
8.3 Global Cassia Essential Oil Market Forecast (2023-2028)
8.4 Global Cassia Essential Oil Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Cassia Essential Oil Market by Area of Plant
8.5.1 Leaves
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Bark
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Twigs
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Cassia Essential Oil Market by Distribution Channel
8.6.1 On Trade
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Off Trade
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Cassia Essential Oil Market by Application
8.7.1 Food and Beverages
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Pharmaceuticals
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Cosmetics and Personal Care
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Others
8.8 Global Cassia Essential Oil Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Augustus Oils Ltd.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 NOW Health Group, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 doTERRA International, LLC
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Young Living Essential Oils
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Inovia International
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 AG Industries
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Cassia Essential Oil Market: Key Industry Highlights, 2016 and 2026
2. Global Cassia Essential Oil Historical Market: Breakup by Nature (Thousand Metric Tons), 2018-2022
3. Global Cassia Essential Oil Market Forecast: Breakup by Nature (Thousand Metric Tons), 2023-2028
4. Global Cassia Essential Oil Historical Market: Breakup by Area of Plant (Thousand Metric Tons), 2018-2022
5. Global Cassia Essential Oil Market Forecast: Breakup by Area of Plant (Thousand Metric Tons), 2023-2028
6. Global Cassia Essential Oil Historical Market: Breakup by Distribution Channel (Thousand Metric Tons), 2018-2022
7. Global Cassia Essential Oil Market Forecast: Breakup by Distribution Channel (Thousand Metric Tons), 2023-2028
8. Global Cassia Essential Oil Historical Market: Breakup by End Use (Thousand Metric Tons), 2018-2022
9. Global Cassia Essential Oil Market Forecast: Breakup by End Use (Thousand Metric Tons), 2023-2028
10. Global Cassia Essential Oil Historical Market: Breakup by Region (Thousand Metric Tons), 2018-2022
11. Global Cassia Essential Oil Market Forecast: Breakup by Region (Thousand Metric Tons), 2023-2028
12. North America Cassia Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2022
13. North America Cassia Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2023-2028
14. Europe Cassia Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2022
15. Europe Cassia Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2023-2028
16. Asia Pacific Cassia Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2022
17. Asia Pacific Cassia Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2023-2028
18. Latin America Cassia Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2022
19. Latin America Cassia Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2023-2028
20. Middle East and Africa Cassia Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2022
21. Middle East and Africa Cassia Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2023-2028
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Cassia Essential Oil Market Structure
Key Questions Answered in the Report
The global cassia essential oil market is being driven by the rising essential oil market, which attained a volume of 177.6 thousand metric tons in 2020.
The essential oil market is projected to grow at a CAGR of 8% between 2021 and 2026, thus, further aiding the growth of the cassia essential oil industry.
The major market drivers include rising population, increased disposable incomes, rising demand for natural skincare and beauty products, and the growing demand for essential oils.
The rising prevalence of depression across the globe owing to the hectic lifestyles of the consumers is a key industry trend that is expected to guide the growth of the market in the coming years.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading nature types of the product in the market are organic and conventional.
The major areas of plant from which the cassia essential oil is derived are leaves, bark, and twigs, among others.
The significant distribution channels in the industry are on trade and off trade.
The leading application segments in the market are food and beverages, pharmaceuticals, and cosmetics and personal care, among others.
The major players in the industry are Augustus Oils Ltd., NOW Health Group, Inc., doTERRA International, LLC, Young Living Essential Oils, Inovia International, and AG Industries, among others.
Analyst Review
The global cassia essential oil market is being driven by the growing demand for essential oils. Aided by the growing demand for natural skincare and beauty product, the essential oil market reached a volume of 177.6 thousand metric tons in 2020 and is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By nature, the market is bifurcated into organic and conventional. Based on the area of plant, the industry is segmented into leaves, bark, and twigs, among others. On the basis of distribution channel, the market is divided into on trade and off trade. By application, the industry is categorised into food and beverages, pharmaceuticals, and cosmetics and personal care, among others. The major regional markets for cassia essential oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Augustus Oils Ltd., NOW Health Group, Inc., doTERRA International, LLC, Young Living Essential Oils, Inovia International, and AG Industries, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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