What is Tangerine Essential Oil Market?
Tangerine essential oil is defined as the oil which is extracted by cold pressing the rind of the tangerine fruit. It is also used for the treatment of nervous exhaustion, stress-induced insomnia, overly anxious, among others. It is widely recognized for its antiseptic and antifungal properties. The various benefits of using tangerine essential oil such as soothes inflammation, improve the appearance of the skin, boosts digestion, acts as a tonic, among others.
The market study is being classified and major geographies with country level break-up.
NOW Health Group (United States), doTERRA International, LLC, (United States), Lionel Hitchen Essential Oils Ltd. (United Kingdom), Lebermuth, Inc. (United States), Eden Botanicals (United States), Vigon International (United States), Frutarom (Israel), Symrise AG (Germany), Berje Inc. (United States), Citrus (India) and Firmenich SA (Switzerland) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Young Living Essential Oils LC (United States) and Mountain Rose Herbs, Inc (United States).
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global essential oil market can witness an upsurge in the forecast period. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Tangerine Essential Oil market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Tangerine Essential Oil market by Type, Application and Region.
On the basis of geography, the market of Tangerine 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Research & Development Activities
- Rising Demand for Food & Beverage and Cosmetic Applications
Market Trend
- Technology Advancement in High-Quality Tangerine Essential Oil
Restraints
- Side Effects Associated With Certain Tangerine Essential Oils
- Depletion of Natural Resources
Opportunities
- Growing Demand from Emerging Economics such as India, China, and others
- Rise in Demand for Natural Ingredients
Challenges
- Prevalence of Synthetic/Adulterated Products
In August 2017, according to SPINS LLC (United States) Company that the retail sales of essential oils soared is more than 38%, with consumers spending more than USD 1 billion on oils as well as accessories.
Key Target Audience
Manufacturers of Tangerine Essential Oil, Suppliers of Tangerine Essential Oil, Wholesalers, Distributors and Retailers of Tangerine Essential Oil, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others