About Patchouli Oil
Patchouli oil is known as essential oil. It is derived from the leaves of the Patchouli plant. This plant is an aromatic herb. Patchouli oil is known as store house of antibacterial and antifungal, anti-inflammatory properties. Hence, it is broadly used for medicinal purpose. It help to reduce body Tempeture. In addition, it is known for fast wound healing. Its additives properties are essential for using patchouli oil in bakery products. Further, its aromatic properties has created demand from perfumery industry. Hence, rising demand from end use industry has created growth opportunities for the patchouli market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of patchouli oil is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide patchouli oil with number of health benefits. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Symrise AG (Germany), Ultra International B.V. (Netherland), Ungerer & Company (United States), Givaudan SA (Switzerland), Global Essence USA, Inc. (United States), Carillon Green. (United States), BOC Sciences (United States), Brutanicals, Inc. (United States), Takasago International Corporation (Japan), Penta Manufacturer. (United States), Axxence Aromatic GmbH (Germany), India Essential Oils. (India) and Aromatics Pvt. Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Patchouli Oil market by Type (Dark Patchouli Oil and Light Patchouli Oil), Application (Perfumery, Medicine, Flavorings and Others (Therapeutics, Pesticides, and Household)) and Region.
On the basis of geography, the market of Patchouli Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Nature, the sub-segment i.e. Organic will boost the Patchouli Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Bottles {Aluminium, Plastic, Glass} will boost the Patchouli Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Patchouli Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Preference for Patchouli Oil as additives like Flavouring Agent in Bakery Foods
Market Growth Drivers:
Growing Awareness regarding Medicinal Benefits of Patchouli Oil Has Created Demand and Rising Demand for Essential Oils
Challenges:
Fluctuation in Pricing & Availability of Raw Material
Restraints:
Adverse Effects on Health like Skin Allergy and Blood Thickening
Opportunities:
Growing Inclination towards Addition of Patchouli Oil in Many Pesticides Owing to its Insecticidal Antifungal and Antibacterial Properties Has Created Growth Opportunities and Increasing Demand for Perfumery and Cosmetics Products
Market Leaders and their expansionary development strategies
In October 2021, Global fragrance supplier Symrise and Van Aroma, a producer of Indonesian natural flavor and fragrance ingredients are expanding their Sustainable Patchouli program into Sumatra, a Western Indonesian island. The move aims to increase sustainable sourcing of patchouli oil for the fragrance industry.
In March 2021, Symrise & Van Aroma launch ‘Nilampedia’ a learning platform for patchouli farmers. Company has launched this platform in Indonesia. This platform will help to educate sustainable cultivation of patchouli farming. With this program, farmers are able to produce more patchouli in terms of quality and quantity.
Key Target Audience
Patchouli Oil Manufacturers, Patchouli Oil Suppliers/Distributors, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.