Lucintel Forecasts Jasmine Essential OilMarket to Grow at a CAGR of XX%-XX%
According to the recent study the jasmine essential oil marketis projected to grow at a CAGR of XX%-XX% from 2020 to 2025. Growth in this market is primarily driven by increasing cases of depression and anxiety disorders among consumers, growing demand from aromatherapy, and rising adoption of natural products.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in jasmine essential oilmarketby product type (jasminum grandiflorum and jasminumofficinal), application (personal care, food and beverages, medical, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Jasminum grandiflorum market is expected to remain the largest segment during the forecast period.”
Based on producttype, the jasmine essential oilmarket is segmented intojasminum grandiflorum and jasminumofficinale.Lucintel forecasts that the jasminum grandiflorum market is expected to remain the largest segmentdue to its high demand from medicinal application.
“Within the jasmine essential oilmarket, the personal care segment is expected to remain the largest application”
Based on application, the personal care segment is expected to witness the largestsegment during the forecast period.
“Asia Pacificwill dominate the jasmine essential oilmarket in near future”
Asia Pacificis expected to be the largest region over the forecast period due to high production of jasmine essential oil in countries such as India and China in the Asia Pacific region, and rising popularity of aromatherapy among also boost growth of the global market.
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Major players of jasmine essential oilmarket are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Young Living, Doterra, Edens Garden, Radha Beauty, Majestic Pure, Now Foods, ArtNaturals, Healing Solutions, Rocky Mountain, and Plant Therapyare among the major jasmine essential oilproviders.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/jasmine-essential-oil-market.aspxor helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
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Lucintel
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