About Chamomile Oil
Chamomile oil is derived from the perennial plant also known as the chamomile plant. Chamomile oil is extracted through steam distillation from the flowers and procumbent stems from the chamomile plant. Chamomile oil is applied to the skin topically and taken internally. It also fights against anxiety and depression, it helps to calm the nerves, and its calming serves as an emotion to help reduce anxiety, boost mood, and eliminate stress. Chamomile oil is used in herbal tea infusions for oral ingestion, steam inhalation, and topical applications. Chamomile oil has many applications such as fever, inflammation, muscle spasms, menstrual disorders, gastrointestinal disorders, rheumatic pain, insomnia, ulcers, wounds and hemorrhoids.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Chamomile oil market is highly fragmented very few companies hold a major market share. The cost of labor for producing chamomile oil is less in developing nations, so it has an enormous opportunity in developing nations in the forecasted year. However, to gain market shares key players need to develop technological advancements for extraction as well as oil preservation. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Chamomile Oil market throughout the forecasted period. 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.
Norfolk Essential Oils (United Kingdom), Mountain Rose Herbs (United States), The Good Scents Company (United States), Kanta Group (Bangladesh), Fzbiotech (China), Quinessence (United Kingdom), doTERRA Essential Oils (United States), Now Foods (United States), Mountain Rose Herbs (United States) and Lebermuth Company (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Young Living Essential Oils (United States), Rks Aroma (India), Divine Natural Essentials (Canada) and oriental botanics (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Chamomile Oil market by Type (High-Quality, Middle-Quality and Low-Quality), Application (Essential Oils and Other) and Region.
On the basis of geography, the market of Chamomile 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 Chamomile Essential Oil will boost the Chamomile Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Aromatherapy will boost the Chamomile Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Up Surging Demand in Healthcare Industry and Rising Adoption of Natural and Ecofriendly Products
Market Growth Drivers:
Fulling Demand Due To No Side Effects and Increasing Government Support towards Developments of Chamomile Oil
Challenges:
Uneven Weather Conditions and Rising Price Due to Government Certifications for Raw Material
Restraints:
High Tariffs and Tightened Regulation of Government and Growth of Chemical Inputs Costs
Opportunities:
Rising Opportunity in Personal Care Segment and Rising Demand for personal care products, health care products, and aromatherapy products.
Market Leaders and their expansionary development strategies
In July 2019, Petitcomo a Korean cosmetic brand, has launched two types of Bling Bling Light Up Masks which contain EWG green grade natural ingredients. Ampoule Mask Black Edition contains a variety of ingredients such as propolis extract, royal jelly extract, lavender oil, and orange peel oil which are great for skin nourishment and elasticity improvement. Meanwhile, Aqua Mask White Edition soothes heat-affected skins by infusing a rich and comfort watery feeling with its ingredients including Lactobacillus fermentum, purslane extract, and chamomile oil.
According to the FDA, "Under the law, drugs must meet requirements such as FDA approval for safety and effectiveness before they go on the market." The FDA also states "If a product is intended for therapeutic use, such as treating or preventing disease or to affect the structure or function of the body, it’s a drug. For example, claims that a product will relieve colic, ease pain, relax muscles, treat depression or anxiety, or help you sleep are drug claims."
Key Target Audience
Chamomile Oil Manufactures, Chamomile Oil Distributors/Retailors, Healthcare Industry, Personal Care Products Industry, Government Regulatory Bodies, Private Research Institutes, Government Research Agencies and Others
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.