Global Market Study on Oregano Essential Oil: Rising Usage in Aromatherapy Aiding Market Expansion


Oregano Oil  Market
  • Published On : Oct-2020 |
  • Pages : 360 Pages |
  • Format : Oregano Oil  Market Oregano Oil  Market Oregano Oil  Market Oregano Oil  Market

Eastern culture has huge influence on the beauty and fashion sector. Oregano essential oil is used in a wide range of cosmetic products due to its outstanding properties to fight aging, which results in more clear and smooth skin. Owing to its antioxidant activity, oregano essential oils are gaining traction for use in cosmetic products.

It proves to be an important ingredient in many cosmetic products, including bath care products, lip balms, facial care products, body care, herbal oils, body balms, and many more, to get rid of fungal infections, prevent hair loss, prevent dandruff, fight scalp infections, prevent moles and acne, and for anti-aging. Oregano oil can be used as a natural way to improve appearance. These factors are influencing the steady expansion of the oregano essential oil market size.

  • For instance, Alps Goodness provides oregano essential oil with powerful healing compounds, which can be ideally used for skin radiance, anti-ageing, hair growth, preventing baldness, and many more.

Oregano Essential Oil Market Trends

Heavy Investments in Research & Development Activities: The global essential oil market is supported by various organizations to promote the use of organic and natural ingredients / products in a majority of day-to-day applications. These organic essential oils are certified with various standards to promote their trade globally. High quality standards are marked by specific guidelines and regulations for production, harvesting, and processing of herbs and aromatic crops by international organizations, including the European Union and United Nations.

Post-harvesting processing operations for herbs, spices, and essential oils are monitored by entities such as the Food and Agriculture Organization of the United Nations and The United Nations Industrial Development Organization. The support offered by these organizations creates opportunities for key players in the oregano essential oil market.

Growing Utilization of Aromatherapy Practices to Surge Demand for Essential Oils: Aromatherapy, which is sometimes also called essential oil therapy, is a holistic treatment to improve the health of the mind, body, and soul. It is a method used to enhance mental as well as physical health. Aromatherapy practices are gaining immense traction, owing to increasing demand for the replacement of pharmaceutical drugs and therapeutic techniques for mental and physical well-being.

These practices refer to a range of essential oils to support the conventional treatment of various conditions. Aromatherapy can be used through inhalation or as a topical application, and is beneficial for respiratory disinfection, psychological benefits, and decongestion.

Multi-level Marketing Strategies Adopted by Key Players to Boost Sales: Many key players operating in the oregano essential oil market have adopted multi-level marketing techniques to reach out to more customers and expand their business. Increasing awareness regarding the health benefits of essential oils have resulted in their growth through retail sales, especially through convenience stores.

Key players are also offering products directly to customers via online websites in addition to traditional over-the-counter sales. This has made it easy for customers to access various products. Manufacturers in the oregano essential oil market have also made a provision for wholesalers to order products in bulk through their websites.

  • For instance, DoTerra recently reached the milestone of 5 million global customers, owing to widespread awareness and easy access to its products.

Regional Outlook of Oregano Essential Oil Market

Developed regions such as the North America and Europe have a prominent oregano essential oil market share by value. Europe is one of the major consumers of essential oils, as the population here is increasingly moving toward the consumption of health-beneficial products. Germany, the U.K., France, and other European countries are adopting the use of essential oils in various industries. North America is also witnessing a market value share in the global oregano essential oil market, attributable to highly developed food & beverage, cosmetics, and pharmaceutical industries.

The oregano essential oil market in South Asia and East Asia is expected to experience substantial growth over the next ten years. Countries such as India, China, Indonesia, and others are experiencing strong economic growth, and consumers are spending more on food and cosmetic products, which subsequently offers a beneficial opportunity to the oregano essential oil market. Moreover, consumers in South Asia and East Asia are progressively inclining toward aromatherapy, which further increasing the use of essential oils, including oregano essential oil.

COVID-19 Impact on Oregano Essential Oil Market

As the COVID-19 disease outbreak has spread across the world, every industry is witnessing a slowdown across the world. Oregano essential oil is majorly utilized by food & beverage, cosmetics, pharmaceutical, and other manufacturers. The COVID-19 pandemic is having both, a positive and negative impact on these industries. Oregano essential oil is used for food preservation, anti-aging product formulation, anti-bacterial drug formulation, and others. Manufacturing of these products have been affected due to closing of industrial facilities across the world. However, as restrictions are being eased, the supply chain and distribution network of the oregano essential oil market is expected to thrive in the near future. Moreover, retail sales of oregano essential oil have not been impacted much due to higher online sales of health-beneficial products during lockdowns.

Analysts’ Viewpoint

The global oregano essential oil market is anticipated to exhibit significant growth, with South Asia and East Asia projected to offer potential growth opportunities during the forecast period of 2020-2030. Food and cosmetic manufacturers are preferring oregano essential oil due to its anti-bacterial properties, which is supporting the growth of the global oregano essential oil market for the foreseeable future.

Leading market players such as NOW Health Group, Inc., Doterra International, LLC, Rocky Mountain Oils, LLC, and others are focusing on business expansion and targeting product innovation to strengthen their position in the global oregano essential oil market. Increasing production capacity and improvement in quality are other strategies being adopted by key players to gain a competitive edge in the global oregano essential oil market space.

Oregano Essential Oil Market: Report Scope

A latest market report by Persistence Market Research on the global oregano essential oil market evaluates the opportunities and current market scenario, providing insights and updates about the corresponding segments involved in the global oregano essential oil market during the forecast period of 2020-2030. The report provides detailed assessment of key market dynamics and comprehensive information about the structure of the global oregano essential oil market. This market study contains exclusive insights into how the global oregano essential oil market is anticipated to grow during the forecast period of 2020-2030.

The primary objective of the global oregano essential oil market report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with oregano essential oil. It is very important to consider that, in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to compound annual growth rate (CAGR) for overall forecasts, to enable readers better understand the analysis and evaluation of the global oregano essential oil market, and to discover lucrative opportunities in the market.

This report also provides an estimate of the global oregano essential oil market size and corresponding revenue forecasts carried out in terms of absolute $ opportunity. It also offers actionable insights based on the future trends in the oregano essential oil market. Furthermore, new and emerging players in the global oregano essential oil market can make use of the information presented in the study for effective business decisions, which will provide momentum to their businesses as well as the global oregano essential oil market.

The study is relevant for manufacturers, suppliers, distributors, and investors in the global oregano essential oil market. All stakeholders in the global oregano essential oil market, as well as industry experts, researchers, journalists, and business researchers can leverage the information and data represented in PMR’s report.

Key Segments of Global Oregano essential oil Market

PMR’s report on the global oregano essential oil market offers information divided into five segments - nature, content, end use, distribution channel, and region.

Nature

Content

End Use

Distribution Channel

Region

Organic

Carvacrol 0% to 24%

Food & Beverages

Business to Business

North America

Conventional

Carvacrol 25% to 50%

Pharmaceuticals

Business to Consumer

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailers

Latin America

Carvacrol 51% to 75%

Cosmetics & Personal Care

Europe

Retail/Household

South Asia

East Asia

Oceania

Middle East & Africa

Key Questions Answered in PMR’s Global Oregano Essential Oil Market Report

  • Which region will hold the highest market share in the global oregano essential oil market during the forecast period?
  • Which region is experiencing the highest growth (CAGR)?
  • Which factors are impacting the global oregano essential oil market?
  • What are the global trends impacting the oregano essential oil market?
  • What strategies must emerging players adopt to capture opportunities in various regions in the oregano essential oil market?
  • What is the market structure of the global oregano essential oil market?

Global Oregano Essential Oil Market: Research Methodology

Persistence Market Research is committed to providing unbiased market research solutions to its clients. PMR follows a robust methodology for the deduction of data included in this report. A unique research methodology is utilized to conduct extensive research on the global oregano essential oil market, and reach conclusions about the future growth factors of the market. PMR’s research methodology comprises primary research methods coupled with secondary research methods, which ensure the accuracy and reliability of the conclusions in this report.

A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period. This methodology is based on standard market structures, methods, and definitions that are based on inputs from local sources in over seven regions - North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa, which PMR considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level to create global market measurements. Our main sources of research include:

  • Primary Research
  • Secondary Research
  • Trade Research
  • Social Media Research

Companies covered in Oregano Oil Market Report

 

  • NOW Health Group, Inc.
  • Doterra International, LLC
  • AOS Product Pvt. Ltd
  • Healing Solutions
  • Rocky Mountain Oils, LLC
  • Plant Therapy
  • Aura Cacia
  • Mountain Rose Herbs
  • Fabulous Frannie
  • Plant Guru
  • SVA Organics
  • Natural Factors Nutritional Products Ltd.
  •  Zane Hellas
  • North American Herb and Spice
  • Baltic Junior
  • NHR Organic Oils
  • Edens Garden
  • Visagenics Premium Essential Oils
  • Young Living Essential Oils
  • Ultra International B.V.
  • Efecan
  • Aromaaz International
  • Aromavita
  • TeliaOils
  • Majestic Pure Cosmeceuticals
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