Coriander Oil Market Scope
Coriandrum, a member of the Umbelliferae/Apiaceae family, is one of the most valuable essential oil-bearing spices and medicinal plants. The plant's leaves and seeds are commonly used in traditional medicine, as well as as a spice in food preparation. Coriander essential oil and extracts have promising antibacterial, antifungal, and anti-oxidative properties due to the presence of various chemical components in different parts of the plant, and thus play an important role in preserving the shelf-life of foods by avoiding spoilage. Furthermore, the anti-inflammatory effects of coriander oil increase blood supply and provide pain relief from tendonitis, arthritis, muscle rigidity, and muscle weakness. These health benefits of coriander oil will indeed boost end-user demand for coriander oil and propel the coriander oil market forward.
The Coriander Oil market study is segmented, by Application (Pharmaceuticals, Cosmetics, Spa & Therapy, Food & Beverages and Agrochemicals) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Coriander Oil market throughout the predicted period.
Berje Inc. (Uinted States), doTERRA International LLC (United States), Ernesto Ventos SA (Spain), AG Industries (India), Penta Manufacturing Company (United States), Givaudan International SA (Switzerland), AOS Products Pvt. Ltd. (India), Ultra International B.V. (Netrherlands), Ozone Naturals (India) and Treatt plc (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Fancy India Corp. (India) and Vaibhav Perfumery (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Coriander Oil market by Type, Application and Region.
On the basis of geography, the market of Coriander 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).
Market Trend
- Surge in Beauty and Spa Care
Market Drivers
- Increasing Range of Applications Across Food and Pharma
- Growth in Pharmaceutical Infrastructure
- Rising Healthcare Awareness Facilitating use of Essential Oils
Opportunities
- Growing Implementation across Emerging Regions
Restraints
- Side Effects and Allergic Reactions
Challenges
- High Initial Investments
- Skewed Player Distribution
Key Target Audience
Coriander Oil Manufactures, New Entrants and Investors, Coriander Oil Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others