US: 1.917.963.8646 (24x5)
UK: 44.330.808.0580 (24x5)
Worldwide: 91.703.051.960 (24x7)
Global Celery Seed Oil Market 2021: By Product Type (Organic celery seed oil, Conventional celery seed oil), By Application (Food & Beverages, Pharmaceuticals, Personal Care)The Global Celery Seed Oil market size was valued at USD $621 Billion in 2020, USD $642.12 Billion in 2021, forecasted to reach USD $663.95 Billion in 2022, and is projected to reach USD $867.55 Billion by 2030, and is anticipated to expand at a CAGR of 3.4% over the forecast period from 2020 to 2030. Global Celery Seed Oil Market is an upcoming research report to be published by Trusted Business Insights. The report will be a detailed study of the global celery oil market containing information related to key trends, driving factors, restraints, revenue opportunities, etc. This well-researched information will enable clients to comprehend current and future market scenarios. The global celery oil market will include various aspects related to the market, such as strategies, developments, key player data, mergers & acquisitions, etc.
OverviewCelery is an aromatic plant that is cultivated as a vegetable. Celery is also grown for its seeds that are found in the flowers of the plant. The seeds produce an extremely strong and pleasant smell. The long seeds (roughly 2mm) are dried and pressed to extract oil. Celery seed oil is known to have an earthy, sweet, and warm-toned aroma. Oil extracted from the celery seed acts as a potent detoxing agent and is used to treat various ailments such as post-illness immune system-related issues, digestive complications, etc. It is also used as a viable treatment option for headaches, nervousness, exhaustion, etc.
DynamicsThe global celery seed oil market is expected to grow in terms of revenue owing to the improvement in production centers and processes. The process of manufacturing this product has improved considerably in recent years, and as a result, companies are able to offer high-grade celery oil with a a longer shelf life to its consumers. Technological advancements have played a crucial role in in the manufacturing process. Organic celery seed oil is more expensive than convention celery seed oil. However, due to increasing disposable incomes, the general ability to purchase products such as this are now common. The rising focus on maintaining a healthier lifestyle has also affected the decision-making process of individuals across the globe. The food & beverage industry is benefiting from the rising prominence of the global celery seed oil market. In this industry, celery seed oil has a wide range of applications such as being used as a flavoring agent in meats, sauces, etc. This is one of many factors that will have a positive impact on revenue growth of the global celery seed oil market. The agricultural production of celery requires a lot of water, lower temperatures, and rich soil for healthy growth, and this may affect the manufacturing of celery seed oil. If favorable conditions are not achieved, the crop yielded with be under par. To ensure a profitable yield, larger investments must be secured, but, this will subsequently lead to a surge in product prices and eventually hinder revenue growth of the global celery seed oil market. Revenue growth of the global celery seed oil market is also influenced by the increasing use of this product in the pharmaceutical industry. With its anti-inflammatory properties, the oil is used to manufacture medication that provides pain relief to patients. Drugs that purify and anti-oxidize the blood, etc. are also produced using celery seed oil.
Global Celery Seed Oil Market Regional AnalysisThe global celery seed oil market in the Asia Pacific region accounted for the majority revenue share and is expected to continue to grow over the next ten years. Owing to the favorable climatic conditions, celery grows well in this region, which has lead to large-scale cultivation and production of celery seed oil. The general populous of North America consumes large amounts of celery. The celery seed oil market in this region is expected to expand exponentially due to the increase in awareness about the benefits of the oi,l which is leading to more individuals consuming the product. The demand for celery seed oil in the markets of Europe, Latin America, the Middle East & Africa will also positively impact revenue growth of the global celery seed oil market.
Below are the leading companies profiled in this Celery Seed Oil Market Report:
Chapter 1 Methodology and Scope