The North America Patchouli Oil Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 123.8 Tonnes, showcasing a growth of 3.5% (2019-2022).
The essential oil sector, including patchouli oil, has grown steadily due to increasing consumer interest in natural and aromatherapy products. The market growth is driven by the rising awareness of the potential health benefits of essential oils. The oil is used in various applications, including perfumes, cosmetics, soaps, and candles. Its popularity is also boosted by its use in aromatherapy, which is believed to have multiple therapeutic properties, such as relaxation and stress relief. The sector for essential oils is seeing developing trends, including the popularity of natural and organic products increasing, the usage of these oils in alternative healthcare and wellness practices, and the creation of new uses for them.
Moreover, it is a popular choice in the perfume industry. Its deep, earthy, and musky scent is often used as a fragrance base note. It can add depth and longevity to perfume blends and is frequently included in oriental, woody, and chypre fragrances. The oil is also used in various cosmetic products, including skincare and haircare items. It is added to creams, lotions, and serums for its potential skin benefits and fragrance. The oil is believed to have properties that can help soothe dry or irritated skin. It is also a common ingredient in handmade and natural soaps. Its aroma can provide a pleasant and earthy scent to soap bars. Additionally, it is sometimes chosen for its potential antimicrobial properties.
Aromatherapy has gained popularity in North America, with many individuals using essential oils like patchouli for relaxation and stress relief. The demand for oil in aromatherapy can be influenced by wellness trends and holistic health practices. North American consumers have shown a preference for natural and organic products, including those containing natural fragrances like patchouli oil. As the demand for natural and eco-friendly products grows, there may be increased use of the oil in these formulations. Patchouli-scented candles, diffusers, and room sprays are popular in the American home fragrance sector. Patchouli's warm and earthy aroma is often used to create a cozy and inviting atmosphere in homes. As a result of these factors, the market in North America is expected to expand in the future.
The US market dominated the North America Patchouli Oil Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,728.6 Thousands by 2030. The Canada market is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.1% during (2023 - 2030).
Based on Type, the market is segmented into Light and Dark. Based on Application, the market is segmented into Cosmetics & Personal Care, Medicine, Flavorings and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Takasago International Corporation, Van Aroma, Ultra International B.V., PT Indesso, Symrise AG, Sensient Technologies Corporation, Givaudan S.A, International Flavors & Fragrances, Inc., DSM-Firmenich and NOW Health Group, Inc.
The essential oil sector, including patchouli oil, has grown steadily due to increasing consumer interest in natural and aromatherapy products. The market growth is driven by the rising awareness of the potential health benefits of essential oils. The oil is used in various applications, including perfumes, cosmetics, soaps, and candles. Its popularity is also boosted by its use in aromatherapy, which is believed to have multiple therapeutic properties, such as relaxation and stress relief. The sector for essential oils is seeing developing trends, including the popularity of natural and organic products increasing, the usage of these oils in alternative healthcare and wellness practices, and the creation of new uses for them.
Moreover, it is a popular choice in the perfume industry. Its deep, earthy, and musky scent is often used as a fragrance base note. It can add depth and longevity to perfume blends and is frequently included in oriental, woody, and chypre fragrances. The oil is also used in various cosmetic products, including skincare and haircare items. It is added to creams, lotions, and serums for its potential skin benefits and fragrance. The oil is believed to have properties that can help soothe dry or irritated skin. It is also a common ingredient in handmade and natural soaps. Its aroma can provide a pleasant and earthy scent to soap bars. Additionally, it is sometimes chosen for its potential antimicrobial properties.
Aromatherapy has gained popularity in North America, with many individuals using essential oils like patchouli for relaxation and stress relief. The demand for oil in aromatherapy can be influenced by wellness trends and holistic health practices. North American consumers have shown a preference for natural and organic products, including those containing natural fragrances like patchouli oil. As the demand for natural and eco-friendly products grows, there may be increased use of the oil in these formulations. Patchouli-scented candles, diffusers, and room sprays are popular in the American home fragrance sector. Patchouli's warm and earthy aroma is often used to create a cozy and inviting atmosphere in homes. As a result of these factors, the market in North America is expected to expand in the future.
The US market dominated the North America Patchouli Oil Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,728.6 Thousands by 2030. The Canada market is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.1% during (2023 - 2030).
Based on Type, the market is segmented into Light and Dark. Based on Application, the market is segmented into Cosmetics & Personal Care, Medicine, Flavorings and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Takasago International Corporation, Van Aroma, Ultra International B.V., PT Indesso, Symrise AG, Sensient Technologies Corporation, Givaudan S.A, International Flavors & Fragrances, Inc., DSM-Firmenich and NOW Health Group, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type (Volume, Tonnes, USD Million, 2019-2030)- Light
- Dark
- Cosmetics & Personal Care
- Medicine
- Flavorings
- Others
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Takasago International Corporation
- Van Aroma
- Ultra International B.V.
- PT Indesso
- Symrise AG
- Sensient Technologies Corporation
- Givaudan S.A.
- International Flavors & Fragrances, Inc.
- DSM-Firmenich
- NOW Health Group, Inc.
Unique Offerings
- Exhaustive coverage
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Patchouli Oil Market, by Type
Chapter 5. North America Patchouli Oil Market, by Application
Chapter 6. North America Patchouli Oil Market, by Country
Chapter 7. Company Profiles
Companies Mentioned
- Takasago International Corporation
- Van Aroma
- Ultra International B.V.
- PT Indesso
- Symrise AG
- Sensient Technologies Corporation
- Givaudan S.A.
- International Flavors & Fragrances, Inc.
- DSM-Firmenich
- NOW Health Group, Inc.
Methodology
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