About Lemongrass Essential Oil
Lemongrass is an important aromatic cum medicinal herb. Lemongrass oil is derived from the perennial grasses Cymbopogan flexuosus, known widely as East Indian lemongrass, but also referred to as Cochin, Native, or British Indian lemongrass and Citratus, mainly known as West Indian lemongrass, but also called Madagascar or Guatemala lemongrass. A third species, pendulus, also known as North Indian lemongrass, is a minor source of commercial production. The oil from lemongrass is fractionally distilled. The main biologically active constituent of lemongrass oil is believed to be citral, a terpenoid, which is itself a pair or mixture of double-bound isomers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that Indian Vendors will contribute the maximum growth to Global Lemongrass Essential Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Leburmuth Company (United States), Essential Oils of New Zealand (New Zealand), Young Living Essential Oils (United States), doTerra (United States), Sydella Laboratoire (France), Falcon (India), Rajkeerth Aromatics (India), Edens Garden Inc. (United States), Frontier Natural Products Co-op (Aura Cacia) (United States) and Rajkeerth Aromatics (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Shaanxi Orient Industrial Co., Ltd (China) and SKY PETRO-CHEM PTE. LTD (Singapore).
Segmentation Overview
AMA Research has segmented the market of Global Lemongrass Essential Oil market by , Application (Pharmaceutical, Cosmetics & Personal Care, Food and Beverages and Others) and Region.
On the basis of geography, the market of Lemongrass Essential 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 Distribution Channel, the sub-segment i.e. Online will boost the Lemongrass Essential Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Preference for Natural Medicines among Individuals
Market Growth Drivers:
Rising Adoption of Lemongrass Oil in Aromatherapy and Increasing Application in Cosmetic and Personal Care Products Such As Soaps, Perfumes and Deodorants
Challenges:
High Cost of Lemongrass Oil
Restraints:
Side Effects of Lemongrass Oil if Consumed Directly On Breastfeeding and Pregnant Women
Opportunities:
Increasing Awareness Regarding Health Benefits Provided By Lemongrass Oil and Increasing Use of Lemongrass Oil in Food Industry
Key Target Audience
Manufacturers of Lemongrass Essential Oil, Raw Material Providers, Suppliers of Lemongrass Essential Oil, Wholesalers, Distributors and Retailers of Lemongrass Essential Oil, Healthcare Industry, Food & Beverage Industry and Cosmetic 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.