In this Market, Pharma & Cosmetic Grade refers to high-quality oil that is specifically produced for use in the pharmaceutical and cosmetic industries. This grade is characterized by its purity, potency, and safety standards, ensuring it meets rigorous quality control requirements. Pharma Grade tea tree oil is typically used in medicinal applications, such as in topical treatments for acne, fungal infections, and other skin conditions, where its antimicrobial, antiseptic, and anti-inflammatory properties are highly valued. Thus, Pharma & Cosmetic Grade Segment in US market consumed a volume of 16,624.7 KG in 2023.
The US market dominated the North America Tea Tree Oil Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $26.25 millions by 2031. The Canada market is experiencing a CAGR of 9.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 9.3% during 2024-2031.
This market has grown significantly over the past few years, driven by the rising demand for natural and organic ingredients in various industries, including cosmetics, personal care, pharmaceuticals, and household products. This oil, derived from the leaves of the Melaleuca alternifolia plant native to Australia, has a long history of use due to its potent antiseptic, anti-inflammatory, and antimicrobial properties.
Furthermore, this oil is widely recognized for its versatility and effectiveness in various applications. This oil treats infections in the pharmaceutical sector, as it exhibits strong antimicrobial properties. It is frequently used in topical ointments, creams, and gels to treat minor cuts, burns, and insect bites. Its antiseptic qualities make it a valuable ingredient in treating fungal infections like athlete’s foot, ringworm, and toenail fungus.
This market in Canada and Mexico stands to experience growth driven by rising economic factors in both countries. In Canada, the cosmetics sector is expected to grow from USD 1.24 billion in 2021 to USD 1.8 billion by 2024, reflecting a steady annual increase of 1.45%. This growth is a strong indicator of an expanding beauty and personal care product market, where this oil is increasingly used for its anti-inflammatory, antimicrobial, and soothing properties. Moreover, this oil’s applications extend beyond cosmetics and food processing to areas such as health and wellness. As the Mexican population becomes more health-conscious, the demand for natural oils like this oil in wellness and therapeutic products will likely increase. This trend is further supported by the growth in the overall economy, which provides more disposable income for consumers to invest in health-focused products. Hence, this market in Canada and Mexico is expected to grow significantly due to the rising sectors.
List of Key Companies Profiled
- The Lebermuth Co., Ltd.
- doTERRA International LLC
- Young Living Essential Oils LLC
- Aura Cacia (Frontier Co-op)
- Edens Garden Essentials Corporation
- Mountain Rose Herbs
- Ultra International B.V.
- Plant Therapy Essential Oils
- NOW Health Group, Inc.
- Phoenix Aromas & Essential Oils, LLC
Market Report Segmentation
By Grade (Volume, KG, USD Million, 2020-2031)
- Pharma & Cosmetic Grade
- Therapeutic Grade
By End User (Volume, KG, USD Million, 2020-2031)
- Cosmetic Sector
- FMCG Sector
- Pharmaceutical Sector
- Other End Users
By Distribution Channel (Volume, KG, USD Million, 2020-2031)
- Supermarkets & Hypermarkets
- Departmental Stores
- Online Stores
- Other Distribution Channels
By Country (Volume, KG, USD Million, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- The Lebermuth Co., Ltd.
- doTERRA International LLC
- Young Living Essential Oils LLC
- Aura Cacia (Frontier Co-op)
- Edens Garden Essentials Corporation
- Mountain Rose Herbs
- Ultra International B.V.
- Plant Therapy Essential Oils
- NOW Health Group, Inc.
- Phoenix Aromas & Essential Oils, LLC
Methodology
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