09-Sep-2024 | Zion Market Research
According to the report, the global Geranium Oil market size was valued at approximately USD 10.10 billion in 2023 and is predicted to reach around USD 17.22 billion by the end of 2032, expanding at a CAGR of around 6.1% from 2024 to 2032.
Effective & safe anti-inflammatory and anti-bacterial features will drive market growth. Apparently, geranium oil possesses anti-depressant and wound healing effects and this will proliferate size of geranium oil market in upcoming years. Consumer inclination towards improved life patterns and preventive social insurance will steer growth of geranium oil industry. Apart from this, growing occurrence of anxiety & depression among persons has enhanced use of essential oils in aromatherapy, thereby steering business landscape.
Medicinal use of Geranium Oil To Drive Market Trends By 2032
Beneficial medicinal properties of geranium oil are anticipated to embellish expansion of geranium oil market during forecast timeline. In addition to this, anti-oxidant, insecticidal, anti-inflammatory, and antifungal features of product is predicted to translate into humungous business growth in foreseeable feature. Pharmacological feature of product will enhance its penetration across various sectors over coming years. This, in turn, will scale up market size within next couple of years.
Europe To Occupy Leading Market Position Across Globe By 2032
Regional market growth over assessment period can be credited to large-scale production of geranium oil to fulfill escalating demand for product across the globe due to its medicinal properties. Apart from this, burgeoning product penetration in food & beverages, pharma, and personal care products sectors in countries such as France and the UK will further contribute towards regional market size.
Key players influencing market growth and included in the study are INDUKERN INTERNACIONAL,Ernesto Ventos, Albert Vieille, Fleurchem, Penta Manufacturing Company, and Robertet Group.
Browse the full “Geranium Oil Market - By Type (Pure Geranium Oil, Rose Geranium Oil, and Geranium Egypt Oil), By Application (Aromatherapy, Skin Care, and Massage), By Distribution Channel (Institutional Sales, Online Retail, and Store-Based Retailing), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/geranium-oil-market
The global Geranium Oil Market is segmented as follows:
By Type
By Application
By Distribution Channel
By Region
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