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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Rose Oil Market Size

The global rose oil market value reached approximately USD 346.93 million in 2023. The market is projected to grow at a CAGR of almost 6.9% between 2024 and 2032 to reach an approximate value of USD 632.5 million by 2032.

Global Rose Oil Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million 346.93
Market Size 2032 USD Million 632.5
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.9%
CAGR 2024-2032 - Market by Region Europe 7.6%
CAGR 2024-2032 - Market by Country India 7.7%
CAGR 2024-2032 - Market by Country Germany 7.3%
CAGR 2024-2032 - Market by Application Cosmetics and Fragrances 7.6%
CAGR 2024-2032 - Market by Product Organic 7.8%
Market Share by Country 2023 USA XX%

Rose Oil Market

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Global Rose Oil Market Growth

Rose oil is an essential oil obtained from the petals of different kinds of roses via the process of steam distillation and others. This essential oil is prepared from fresh flowers and offers an extremely rich, sweet, deep, warm, and ethereal fragrance, which is suitable for all climates and occasions. It is utilized in the production of cosmetic items such as perfumes and lotions and serves as a flavouring agent in products like ice creams and beverages, thereby further driving the rose oil demand growth.

Global Rose Oil Market Analysis

The rose oil industry growth is driven by its growing demand to manufacture organic and herbal products in the cosmetics sector as well as its growing use as a flavouring agent. The use of rose oil is growing in the cosmetics sector as it contains several vitamins, minerals, and antioxidants coupled with its excellent emollient properties to moisturise dry skin.

In the food and beverage sector, rose oil is used as a flavouring agent to add a touch of rose flavour to products like soft drinks, jams, and ice-creams, among others. The rising disposable incomes, growing consumer focus on wellness and grooming, and incorporation of rose oil by various luxury brands in their product range to grab consumer attention are aiding the demand of the rose oil market.

Global Rose Oil Industry Outlook

According to the National Horticulture Board (NHB), In 2021-22, India's total rose production reached 472.85 thousand tonnes. Karnataka led significantly with a production of 171.88 thousand tonnes, followed by West Bengal at 65.92 thousand tonnes and Uttar Pradesh at 63.23 thousand tonnes. Gujarat and Tamil Nadu made significant contributions, producing 38.76 thousand tonnes and 33.89 thousand tonnes of roses, respectively. This substantial production boosts rose oil market revenue, as rose oil is extensively utilised in perfumes, lotions, and skincare products for its appealing fragrance and skin benefits.

In 2022, the U.S. imported roses valued at USD 800 million as reported by the U.S. Department of Agriculture.

As per the International Flower Trade Association, from 2019 to 2020, the area dedicated to cut flowers in Belgium showed a noticeable increase. In 2019, the area was 27 hectares, which grew to 31 hectares in 2020. This rise reflects a growing emphasis on cut flower cultivation during this period. In 2020, the area dedicated to rose plants in Belgium was 58 hectares.

From 2017 to 2020, Canada's import values for rose plants, reported in thousands of euros, exhibited a steady increase. The import value rose from USD 2.35 million in 2017 to USD 3.01 million in 2020, according to the International Flower Trade Association. This growth further enhances the rose oil industry revenue, as rose oil is also employed in traditional medicines and treatments for its therapeutic benefits, including antioxidant and antibacterial properties.

In 2021, the production value of cut flowers was USD 180.33 million. By 2023, this value had increased to USD 200.55 million, marking an increase of USD 20.22 million in Australia. Similarly, the import value of cut flowers in 2021 was USD 62.04 million, which increased to USD 66.98 million by 2023, reflecting an increase of USD 4.94 million, according to the Australian Bureau of Statistics and the Australia Flowers Traders Association.

CAGR 2024-2032 - Market by Country
India 7.7%
Germany 7.3%
France 6.9%
China 6.7%
Italy 6.2%
Japan 6.0%
USA XX%
Canada XX%
UK XX%
Australia XX%

Strong demand for cosmetics, perfumes, and aromatherapy drives the growth of the rose oil market.

  • Rose oil commands high prices due to its labour-intensive production and high-quality fragrance.
  • Recognised for its skin benefits and therapeutic properties, adding value to the product.

The labour-intensive and delicate process of rose cultivation and oil extraction increases costs.

  • Weather conditions and pests can affect rose production, leading to supply fluctuations.
  • Increasing competition from synthetic alternatives and other essential oils can impact rose oil market growth.

Growing use in new products and markets, including health and wellness, offers growth potential.

  • Rising disposable incomes and interest in luxury goods in emerging markets can drive demand.
  • Increasing consumer preference for natural and sustainable products can benefit the rose oil market growth.

Economic instability can reduce consumer spending on luxury items, affecting rose oil sales.

  • Stricter regulations on natural products and international trade can pose challenges.
  • Advances in synthetic fragrances and essential oils may reduce demand for natural rose oil.

Key Players in the Global Rose Oil Market and Their Key Initiatives

Ernesto Ventos SA

  • Developed new, high-purity rose oil extraction techniques.
  • Implemented eco-friendly and sustainable farming practices to meet the growing demand of the rose oil market.

Alteya Organics, LLC

  • Introduced new rose oil-infused skincare and beauty products.
  • Partnered with high-end cosmetic brands for exclusive products.

Firmenich International SA

  • Increased funding for research on rose oil applications.
  • Launched new rose oil-based fragrances and products to capture the rose oil market opportunities.

Robertet Groupe

  • Formed strategic alliances with luxury fragrance brands.
  • Launched educational initiatives highlighting the benefits of high-quality rose oil.

Rose Oil Market By Segments

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Global Rose Oil Industry Segmentation

“Global Rose Oil Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Organic
  • Conventional
CAGR 2024-2032 - Market by Product
Organic 7.8%
Conventional XX%

Market Breakup by Application

  • Food and Beverage
  • Cosmetics and Fragrances
  • Pharmaceuticals
  • Others
CAGR 2024-2032 - Market by Application
Cosmetics and Fragrances 7.6%
Food and Beverage XX%
Pharmaceuticals XX%
Others XX%

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2024-2032 - Market by Region
Europe 7.6%
Asia Pacific 7.0%
North America XX%
Latin America XX%
Middle East and Africa XX%

Rose Oil Market By Region

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Rose Oil Market Share

The cosmetics and fragrances segment occupies a major share of the rose oil market owing to the product’s increased use in manufacturing perfumes with a floral and fruity essence. Rose oil is renowned for its rich, deep, and multifaceted scent, making it a favourite among perfumers. It can serve as a central note in a fragrance, offering a luxurious, floral aroma that's both intense and delicate. This versatility makes it a staple in both traditional and contemporary perfumery, used in everything from high-end fragrances to everyday scented products. Moreover, to satisfy the growing consumer demand for organic products, manufacturers are using rose oil to manufacture premium quality products, which is driving the growth of the rose oil industry.

Leading Companies in the Rose Oil Market

The companies excel in producing and distributing premium essential oils and aromatic products. They are dedicated to delivering high-quality natural extracts and fragrances across multiple sectors, such as cosmetics, pharmaceuticals, and food and beverages while prioritizing excellence and innovation in its offerings.

  • Ernesto Ventos SA
  • Alteya Organics, LLC
  • Firmenich International SA
  • Robertet Groupe
  • Visagenics Premium Essential Oils
  • BERJÉ INC
  • Merck KGaA
  • Enio Bonchev
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • Organic
  • Conventional
Breakup by Application
  • Food and Beverage
  • Cosmetics and Fragrances
  • Pharmaceuticals
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ernesto Ventos SA
  • Alteya Organics, LLC
  • Firmenich International SA
  • Robertet Groupe
  • Visagenics Premium Essential Oils
  • BERJÉ INC
  • Merck KGaA
  • Enio Bonchev
  • 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.

Rose Oil Market Report Snapshots

Rose Oil Market Size

Rose Oil Market Growth

Rose Oil Market Trends

Rose Oil Market Share

Rose Oil Companies

Rose Oil Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global rose oil market attained a value of nearly USD 346.93 million.

The global rose oil market is assessed to grow at a CAGR of 6.9% between 2024 and 2032.

The major market drivers include the rising use of rose oil as a flavouring agent, the robustly growing cosmetics sector, the increasing use of rose oil the perfume sector, and the rising middle-class population in emerging economies.

The rising demand for organic and natural cosmetics and personal care products, the growing focus on wellness and health, and the increasing use of rose oil as flavouring agent are the key trends guiding the market growth.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Based on product, market segmentations include organic and conventional.

The significant applications of rose oil are food and beverage, cosmetics and fragrances, and pharmaceuticals, among others.

The competitive landscape consists of Ernesto Ventos SA, Alteya Organics, LLC, Firmenich International SA, Robertet Groupe, Visagenics Premium Essential Oils, BERJÉ INC, Merck KGaA, and Enio Bonchev, among others.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 632.5 million by 2032.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124