Global Lavender Oil Market 2021 (Includes Business Impact of COVID-19)

  • TBI186451
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Lavender Oil Market 2021 (Includes Business Impact of COVID-19)

Global Lavender Oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global lavender oil market report has been segmented on the basis of application, distribution channel, and region. Request Covid - 19 Impact The global Lavender Oil market size was valued at USD$36.25 million in 2020 and is projected to reach $60.43 million by 2030, and is anticipated to expand at a CAGR of 5.25% over the forecast period from 2020 to 2030.

Global Lavender Oil Market: Overview

Lavender oil is a type of essential oil, derived from flowers of lavender plant by the steam distillation process. It is colorless oil with a sweet and flowery aroma. Use of lavender oil dates back to two thousand five hundred years. It is used for reducing stress, anxiety, and pain. Lavender oil also helps to improve brain function and sleep and protects against diabetes. Lavender oil contains glutathione, superoxide dismutase and catalase that are antioxidant enzymes helps to get rid of free radicals that are harmful for the human body.

Global Lavender Oil Market: Dynamics

The major factor driving growth of the global lavender oil market is increasing demand for lavender oil in personal care products, owing to increasing preference for natural fragrances among consumers. Growing awareness regarding health benefits provided by essential oils coupled with growing popularity of aromatherapy among individuals are also factors fueling growth of the global lavender oil market. Increasing demand for natural and organic cosmetics is resulting in an increasing demand for lavender oil in the cosmetics sector. Furthermore, growing use of lavender oil as essence or flavoring in food and beverages and medicines are factors expected to boost growth of the global market in the near future. However, the high cost of lavender oil is may hamper growth of the global lavender oil market. In addition, sometimes consumption of lavender oil can cause headache, constipation, and skin irritation. These facts may affect growth of the target market. Nevertheless, increasing the use of lavender oil in pharmaceuticals can create high revenue opportunities for players in the global lavender oil market.

Global Lavender Oil Market: Segment Analysis

Among the application segments, the personal care products segment and pharmaceuticals segment account for a significant share in terms of revenue in the near future. Increasing preference for natural and organic fragrance and beauty products among end users is a major factor fueling growth of personal care products segment in the global market. Among the distribution channel, the online stores segment is expected to register lucrative growth in terms of revenue over the forecast period. Availability of discounts and growing trend of online shopping are factors anticipated to support growth of this segment in global market.

Global Lavender Oil Market: Regional Analysis

The market in North America accounts for the largest market share in terms of revenue and is expected to maintain its dominance over the forecast period. Rising demand for lavender oil products and increasing its use for aromatherapy products are factors driving growth of the target market in countries in this region. Europe is the largest producer for lavender oil in the global market. The market in the Asia Pacific is expected to register lucrative growth, especially in emerging economies over the forecast period. Rising disposable income and rising preference for natural fragrances among individuals are factors supporting growth of the target market in the Asia Pacific.

Below are the active patents related to Lavender Oil Market.

Patent Number: CN104923134A Preparation method for lavender nanocapsule Abstract The invention discloses a preparation method for lavender essential oil nanocapsule. The method relates to the preparation method for the nanocapsule. The method comprises the following steps of preparing of a wall material solution, preparing of a core material solution, forming of the nanocapsule and drying of the solutions. By means of the mode that the influence of the content of chitosan, the content of sodium alginate, the content of lavender, the content of emulsifier, pH, mixing reaction time, a stirring speed and stirring time on the particle size and particle size subindex PDI of the nanocapsule is researched and the content of chitosan, the content of sodium alginate, the content of lavender, the content of emulsifier, the pH, the mixing reaction time, the stirring speed and the stirring time are optimized, the slow-release performance of the lavender nanocapsule is improved. Test is conducted by using a nanoparticle size analyzer, the particle size of the prepared lavender ranging from 200 nm to 250 nm is optimized, particle size distribution coefficient is 0.1-0.25, under the conditions of constant temperature and humidity, according to a slow-release experiment, compound wall materials of the chitosan-sodium alginate have an obvious controllable release effect on the lavender. Application File Date: 2015-06-18 Application Granted Date: 2017-04-19 Current Assignee: HUIZHOU RESEARCH INSTITUTE OF SUN YAT-SEN UNIVERSITY Patent Number: US7858127B2 Method for admixing plant essential oils to coatings for the purpose of repelling insects Abstract The Federal EPA has consistently limited the use of known toxicants (insecticides) to preclude their admixture into paints and coatings by contractors or homeowners for the purpose of repelling or killing insects on the dried or cured coating. The current invention is a method to repel, rather than kill, insects, arachnids, and other arthropods, utilizing materials taken from the EPAs GRAS (Generally Recognized as Safe) List, obviating onerous Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) regulations and greatly extending the useful life of the insect-repellant materials by binding them into the dried film solids—greatly slowing their evaporation and degradation and creating a timed release of insect repellant material. Furthermore, the current invention utilizes the insect repellant nature of these materials to repel insects from the surrounding area during coating application, thereby eliminating the need for applying insect repellants, such as DEET, to the skin. Application File Date: 2009-02-26 Application Granted Date: 2010-12-28 Current Assignee: CTA PRODUCTS GROUP CTA Products Group Inc Patent Number: CN103013656A Cinnamon oil extraction method Abstract The invention discloses a cinnamon oil extraction method. The cinnamon oil extraction method includes steps of preparing raw materials, smashing the raw materials to load into a distilling reactor, heating and distilling, keeping distilling temperature at 80-110 DEG C, steam pressure at 0.06MPa-0.08MPa, distilling for 2-3 hours, cooling, separating oil from water, standing, refining, and packaging to obtain finished products. By the cinnamon oil extraction method, existing extraction process is improved, cinnamon oil extraction rate can be increased, purity of the cinnamon oil is greatly improved, and good economic benefits can be obtained. Application File Date: 2013-01-21 Application Granted Date:2015-07-29 Current Assignee: YUNNAN WEIXINJINCHANG BIOTECHNOLOGY CO Ltd

Global Lavender Oil Market Segmentation:

Segmentation by application:
  • Food and Beverages
  • Pharmaceuticals
  • Therapeutics
  • Aromatherapy
  • Personal Care Products
Segmentation by distribution channel:
  • Supermarkets and hypermarkets
  • Convenient Stores
  • Beauty Shops
  • Pharmacies
  • Online Stores

Key Market Players included in the report:

  • Alteya Group LLC
  • Aromaland Inc.
  • Biolandes SAS
  • China Flavors and Fragrances Company Limited
  • doTERRA International
  • Enio Bonchev Production Ltd
  • Essential Oils of New Zealand
  • Falcon
  • Farotti S. R. L.
  • Firmenich S A
  • Flavex Naturextrakte GmbH
  • Givaudan SA
  • H. Reynaud & Fils (HRF)
  • India Essential Oils
  • International Flavours & Fragrances Inc.
  • Moksha Lifestyle Products
  • Mother Herbs Private Limited
  • NHR Organic Oils
  • Rocky Mountain Essential Oils
  • Sydney Essential Oil Co. Pty Ltd.
  • Symrise AG
  • Takasago International corporation
  • The Lebermuth Company
  • Ungerer Limited
  • West India Spices Inc.
  • Young living essential oils LC

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Lavender Oil Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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