Friday, March 29, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Metal Mining and Chemicals Rise in Adoption of Lemongrass Oil in Aromatherapy Expected to Drive Global...

Rise in Adoption of Lemongrass Oil in Aromatherapy Expected to Drive Global Lemongrass Essential Oil Market: Ken Research

Lemongrass oil is an essential oil with fresh & citrusy fragrance, extracted from lemongrass herb. It is anti-bacterial, anti-depressant, anti-fungal, antiseptic, anti-pyretic, and astringent. It is commonly used in disinfectant, pain balm, and insect repellent cream. It is used to improve digestion, anxiety, reduces cholesterol level, relieve stress, aids cancer treatment and many more.It is also known as fever grass owing to its ability to bring down a fever. It is used in various culinary delights, paired with beef, fish, poultry and seafood’s, added to ready-made curries as well as used for flavoring tea and soups.

According to study, “Global Lemongrass Essential Oil Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global lemongrass essential oil market areSky Petro-Chem Pte. Ltd., Shiv Sales Corporation, Showa Pharmaceutical Co., Ltd., Praveen Aroma Pvt Ltd., VEMO 99 Ltd., Organic Herb Inc., Kanta Enterprises Private Limited, Katyani Exports, Il Health And Beauty Natural Oils Co Inc., Imperial Malts Limited, TalyaBitkiselUrunlerTicaretSanayi Limited Sirketi, DBR Exports India, Shanghai SoyoungBiotechnology Inc., Sun Bio Naturals India Private Limited, SNN Natural Products, Sri Venkatesh Aromas, Shaanxi Orient Industrial Co., Ltd., Grenera Nutrients Private Limited, Harry Baba, Enjay Marketing Services Private Limited, Goyum Screw Press, Dran Co. Ltd., Ecuadorian Rainforest, LLC. The key companies are exploring the market by adopting mergers & acquisitions (M&A), investments, expansions, new service launches and collaborations as their preferred strategies. The companies are exploring new geographies through expansions & acquisitions to avail competitive benefit through combined synergies.

Based on type, lemongrass essential oil market is segmented into flower, leaf and mixed part. Based on grade type, market is segmented into therapeutic grade and food grade. Therapeutic grade is used for pharmaceutical as well as personal care uses while food grade is useful for food & beverage purpose. In addition, based on application, market is segmented into research uses, dietic foods, drug formula, cosmetics and others. Cosmetic segment includes shampoos, conditioner, soaps, deodorants, body lotion, air freshener and tonics.

The lemongrass essential oil market is driven by rise in adoption of lemongrass essential oil in aromatherapy, followed by growth in demand from pharmaceutical industry& increase in health benefits and rise in food & beverage industry for culinary dishes. However, high cost of lemongrass oil and side effects of the oil if consumed directly on breastfeeding or pregnant women may impact the market. Moreover, growth in preference for natural medicines among individuals and increase in awareness regarding health benefits provided by lemongrass oil are key opportunities for market.

Based on geography, the Latin-American and European regions hold major share in lemongrass essential oil market owing to change in lifestyle of people and presence of key manufacturers in the regions. Whereas, the Asian-Pacific region is expected to exhibit substantial growth rate due to rise in application in cosmetic & personal care products such as perfumes, soaps, and deodorants over the forecast period. In upcoming years, it is estimated that future of the market will be optimistic as a result of rise in popularity from health conscious consumers during the forecast period.

For More Information, Click on the Link Below:-

Global Lemongrass Essential Oil Market

Related Reports:-

Lemongrass Essential Oil Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Lemongrass Essential Oil Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

RELATED ARTICLES

Top Companies of the Coal Mining Industry

Coal mining has long been a cornerstone of the global energy industry, providing a significant portion of the world's electricity and fueling various industrial...

Exploring Key Drivers and Future Prospects of Iron Ore Mining Market

Introduction The Iron Ore Mining Market has experienced significant growth in recent years, driven by various factors influencing demand, supply, and market dynamics. This article...

Overview of the Bauxite Mining Market

Introduction Bauxite mining plays a crucial role in the global aluminum industry, providing the primary source of aluminum ore. In this blog, we'll explore the...

Most Popular

From Humble Beginnings to a $52 Billion Boom: Unveil Opportunities in India’s Booming Interior Design Market

India's interior designing market is witnessing a remarkable transformation, driven by various factors. This blog delves into the market size, growth projections, key trends,...

Smartphone Industry Insights: Navigating Growth, Trends, and Opportunities

The smartphone industry is a juggernaut, weaving itself into the fabric of our daily lives. From communication to commerce and entertainment, these pocket-sized powerhouses...

Theme Park Boom: Market Size, Trends & Top Players Shaping the Thrilling Future

The theme park industry isn't just about roller coasters and cotton candy anymore. It's a multi-billion dollar global phenomenon, offering immersive experiences that cater...

The Analysis on Global Capital Market, Industry and Report

The world of finance can be a complex labyrinth, especially when terms like "global capital markets" and "investment banking" get thrown around. While they're...