What is Copaiba Oil Market?
Copaiba oil has more than 70 species and many of them are in South and Central America. It is extracted from the tree by punching a hole into the trunk or by the other method such as steam distillation and cold pressing. It is used to promote wound healing, to provide pain relief, to treat a wide variety of infections, like bladder infections, gonorrhoea, and strep throat, and others.
The market study is being classified, by Application (Cough, Hemorrhoids, Warts, Pimples and acne and Others) and major geographies with country level break-up.
A.G.Industries (India), Berje Inc (United States), Robertet (France), Elixens SA (France), Penta Manufacturing Company (United States), Ungerer & Company, Inc. (United States), Givaudan (Albert Vieille) (France), Ernesto Ventos (Spain) and Fleurchem (United States) are some of the key players profiled in the study.
Global Copaiba Oil is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Segment Analysis
Analyst at AMA have segmented the market study of Global Copaiba Oil market by Type, Application and Region.
On the basis of geography, the market of Copaiba Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Highly used to Treat a Wide Variety of Infections, including Bladder Infections, Gonorrhea, and Strep Throat
- Increasing Applications of Copaiba Oil as an Anti-inflammatory and Antimicrobial
Market Trend
Restraints
- Concern Related to a Potential Skin Reaction
Opportunities
- Changing Lifestyle coupled with rising per Capita Disposable Income can create Opportunities for the Copaiba Oil Market Growth
Challenges
- Regulatory Guidelines on the use of the Copaiba Oil
Market Leaders and some development strategies
On 6th May 2019, Givaudan the manufacturer of flavors and fragrances completes the acquisition of Albert Vieille is specialized in 100% pure essential oils and specialty natural ingredients. This acquisition helps to increase growth strategy and supports growing leadership and strengthens global presence.
In 2020, Ungerer & Company, Inc. has acquired by Givaudan. The acquisition helps to strengthen specialty ingredient capabilities and leadership in the fast-growing local and regional customer segment.
Key Target Audience
Copaiba Oil Manufacturers, Copaiba Oil Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others