Industry Background:
Cypriol oil is also called Nagarmotha oil obtained by the steam distillation of dried roots of Cyperus scariosus. It contains Cyprene as a major component. It is mainly used in perfumery formulations. Cypriol oil is used in aromatherapy for conditions of respiratory congestion, digestive issues, to improve circulation, with some sources regarding it beneficial for relieving menstrual cramps when used in a compress across the abdomen.This growth is primarily driven by Increasing Applications of Cypriol Oil for a Digestive System
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as India Essential Oils (India), Sri Venkatesh Aromas (India), Kazima Perfumers (India), DM Aromatics (India), AOS Products (India), Rakesh Sandal Industries (India), Kshrey Aromatics (India), Kanta group (India), Avi Naturals (India) and K.S.Essential Oil (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In September 2023, Nagarmotha Oils Ltd announced a partnership with Ajanta Nagarmotha Oils Ltd to develop new Nagarmotha oil products for the Indian market. The partnership is expected to result in the launch of several new products in the first half of 2024.
In October 2023, Ajanta Nagarmotha Oils Ltd announced that it would be merging with Shri Nagarmotha Oils Ltd to create a more efficient and cost-effective Nagarmotha oil company. The merger is expected to be completed in the fourth quarter of 2023.Global Cypriol Oil is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New 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.
Influencing Trend:
Surging Consumer Preference towards Use of Organic Products
Market Growth Drivers:
Increasing Applications of Cypriol Oil for a Digestive System and Rising Cypriol Oil Demand from Pharmaceutical Industries
Challenges:
Demand for Cypriol oil can be inconsistent and High Competition by Low Priced Alternatives
Restraints:
Allergy-Related Risk with the use of Cypriol Oil
Opportunities:
Changing Lifestyle coupled with rising per Capita Disposable Income can create Opportunities for the Cypriol Oil Market Growth
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Cypriol Oil Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Cypriol Oil Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Cypriol Oil players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cypriol Oil Study Sheds Light on
The Cypriol Oil Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cypriol Oil industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cypriol Oil industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.