Global Oregano Essential Oil Market: Food and Cosmetics Industry Estimated to be Largest End Users during Forecast 2017-2025

Posted on 2018-08-24 by Mark Hub in Food & Beverage // 0 Comments

Albany, US, August 24, 2018: It has been well-identified that oregano oil is one of nature’s most powerful herbs, with a long list of healing properties that help relieve dozens of ailments. In the recent past, manufacturers in the F&B industry have been combining natural additives such as essential oils for the preservation of processed food. This has created significant growth opportunities for oregano essential oil market. Increasing awareness of the health benefits of oregano essential oil is pushing people to embrace this oil in their daily food preparations. These insights are according to the report, titled “Global Market Study on Oregano Essential Oil: North America to Beat Top Revenue Market Europe in Terms of Consumption,” incorporated recently to the vast repository of Market Research Hub (MRH).

Oregano oil is famous for being an excellent healing herb useful for treating a lot of medical conditions. The essential oil of oregano is extracted through steam distillation of fresh oregano leaves, which abide the scientific name Origanum vulgare. It is used in many ways, like in aromatherapy, which has been the most popular use for decades. It has been analyzed that the demand for oregano essential oil in the pharmaceuticals industry across various regions has witnessed a surge in the last few years and this demand wave is expected to continue during the forecast period.

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Key Highlights from the Report

According to the study prime findings, the market for oregano essential oil is projected to reach a valuation of US$ 7,452.1 thousand by 2025, noticeably up from a market size of US$ 4,572.2 thousand in the year 2017. At this pace, the market is predicted to surge at a robust growth rate of 6.3% during the period 2017-2025.

The research also includes a geographical snapshot of the market which highlights market scope in major regions including Europe, North America, Latin America, Asia-Pacific excluding Japan, Japan, Middle East and Africa. On the basis of geography, the report examines that moderate consumption of oregano essential oil has been observed across the Asia Pacific region in the last few years and this is likely to remain same in the near future as well.

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Apart from that, the market has been analyzed on the basis of source and end use. By source, the oregano essential oil market is segmented into conventional and organic. A widespread forecast of all the key segments appropriately compliments forecasted market performance in the future. An exhaustive analysis of the market restraints, trends, opportunities and drivers that hold considerable influence on the market growth has been included in the report. In the present time, oregano essential oil finds an extensive range of applications in the food industry, pharmaceutical industry, cosmetic industry, and for household consumption as well. As per research outcomes, the rise in demand for natural preservatives by the food and beverages industry is bolstering demand for oregano essential oil globally.

The report further covers detailed competitive view that includes market share and profiles of crucial players operating in the global market. Some of them include Now Health Group Inc., Baltik Junior d.o.o., North American Herbs & Spice, DoTERRA International, Plant Therapy Essential Oils, Young Living Essential, Natural Factors Nutritional Products Ltd., NHR Organic Oils, Zane Hellas and Nature’s Way Products, LLC.

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