Global Geranium Oil Market to capture a CAGR of 6% between 2023 and 2030 while touching approximately USD 136,595.10 thousand by 2030

The global geranium oil market size was valued at USD 73,835.10 thousand in 2022 and is projected to reach USD 136,595.10 thousand by 2030, growing at a CAGR of 6% from 2022 to 2030.

Market Overview:

Geranium oilreferred to as 'Rose Geranium Oil' is one of the most important and most commonly used ingredients in perfumery. Geranium oil is blended from the leaves, flowers, and stems of the geranium plant, which is soft, non-toxic, and non-sensitizing.

The properties such as antiseptic, wound-healing, and anti-depressant are producing demand for geranium oil globally. China is the world's highest producer with the concentration of production in the Yunnan Provence.

It is easy to grow in this region with some farms enabling to harvest 4 times a year if conditions are beneficial.

Top Key Players for Geranium Oil Market:

Plant Guru, Now Foods, Mystic Moments, Albert Vieille, Berje, Elixens, Ernesto Ventos, Fleurchem, H. Interdonati, Sun Organic, INDUKERN INTERNACIONAL, Body Wonders, Penta Manufacturing Company, Robertet Group, Eden Botanicals, Ultra international, Treatt Plc, Fabulous Frannie, Aura Cacia, PerfumersWorld, Ungerer and Company, DoTerra, Young Living, Mountain Rose Herbs, Majestic Pure, Wyndmere, Base Formula, Melaleuca Inc, Gritman, and other major players.

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Market Dynamics and Factors for Geranium Oil Market:

Drivers:

Rising Interest in Aromatherapy

The Geranium Oil market is significantly driven by the rising interest in aromatherapy. As consumers increasingly seek holistic approaches to wellness and stress management, aromatherapy has gained substantial popularity.

Geranium oil, known for its soothing aroma and potential therapeutic properties, aligns seamlessly with this trend.

The oil's ability to evoke relaxation and emotional balance makes it a sought-after choice for aromatherapy enthusiasts.

This driver not only boosts the demand for geranium oil in its pure form but also extends to its incorporation into various products such as diffusers, candles, and massage oils, further propelling its market growth.

Opportunities:

Increasing Demand for Natural Products:

The Geranium Oil market is poised to leverage the growing demand for natural products. As consumer preferences shift towards healthier and environmentally friendly choices, the appeal of geranium oil as an organic and natural option becomes evident.

This trend opens doors for the market to position geranium oil as a sought-after ingredient in various sectors, including skincare, aromatherapy, cosmetics, and wellness products. With its potential therapeutic benefits and eco-friendly profile, geranium oil stands to capitalize on the opportunity presented by the rising interest in all things natural.

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis.

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 Segmentation Analysis of the Geranium Oil Market:

By type, rose geranium oil is expected to dominate the geranium oil market during the forecast period. Rose geranium oil is mostly opted for by consumers owing to its antimicrobial, antibacterial, and anti-aging properties.

It is blended from the rose-scented geranium, which is native to South Africa. The qualities such as astringent, deodorant, hemostatic, and anti-depressant are generating demand for rose geranium oil.

This oil supports the treatment of restlessness, irritability, and stress and is also utilized as a flavoring agent in many food categories, alcoholic beverages, and soft drinks.

By application, the massages segment is expected to record the maximum geranium oil market during the forecast period. Geranium oil is mainly used in massages.

It has a focusing and relaxing effect on the senses and enhances the condition of the skin. The geranium essential oil has a calming effect and the ability to overcome anxiety and stress.

Hence, it is utilized in holistic treatments to enhance physical, mental, and emotional health. The geranium essential oil should be obtained with lavender or coconut oil for the most excellent benefits.

By Type

• Rose Geranium Oil
• Pure Geranium Oil
• Geranium Egypt Oil
• Geranium Bourbon Oil
• Others

By Application

• Aromatherapy
• Massage
• Skin Care
• Others

By Distribution Channels

• Hypermarkets/Supermarkets
• Convenience Stores
• Beauty and Spas Stores
• Others

Regional Analysis of the Geranium Oil Market:

North America is anticipated to dominate the geranium oil market during the forecast period, on account of the popularity or trend of aromatherapy in nations such as the U.S. and Canada. The USA is cited as the world's highest importer which dominates the region throughout the forecast period.

By Region     

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Key Industry Development:

In May 2019, Givaudan, the global leader in flavors and fragrances, today announced it has completed the acquisition of Albert Vieille, a French company that specialised in natural ingredients used in the fragrance and aromatherapy markets. Givaudan had announced that it had entered into exclusive negotiations to acquire the company in December 2018.

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