Global Eucalyptus Oil Market: In the eucalypts, essential oils occur in many parts of the plant, depending on the species, but leaves has abundant amount of oil. Currently somewhere between three and five thousand tonnes are traded each year on international markets. Essential oils are generally extracted, from plant parts by distillation, often by using steam. Other processes include expression, solvent extraction, absolute oil extraction, resin tapping, and cold pressing. The use of essential oils as functional ingredients in foods, drinks, toiletries, and cosmetics is gaining momentum. Due to their bioactive components, essential oils are indeed promising in view of their use as effective antibacterial, antifungal, and antioxidant agents. Medicinal use of eucalyptus oil is in treatment of asthma, reducing inflammation, wound healing, burns, ulcers, acne, diabetes, fever, and chronic obstructive pulmonary disease tuberculosis.
Antimicrobial Property of Eucalyptus Oil is Expected to Drive the Growth of Global Eucalyptus Oil Market
Growing consumers’ interest in the ingredients coming from natural sources, increasing concern with harmful synthetic additives, growing interest in the use of essential oils in both food and pharmaceutical industries, changing consumer preference are driving the growth of global eucalyptus oil market. High cost on machineries for extraction of oil may hinder the growth of market
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The eucalyptus oil market report has been segmented on the basis of product type, application, distribution channel and region. The market in North America is estimated to dominate the eucalyptus oil market, owing to increase demand for eucalyptus oil due to its cosmetics and therapeutics uses is likely to boost the market in this region. The eucalyptus oil market in Asia Pacific is expected to be an emerging market due to changing consumer’s preference and increasing concern towards personal care.
Prominent market players in the global eucalyptus oil market are, Firmenich International S.A, NOW Health Group, Inc., NHR Organic Oils, Integria Healthcare Pty Ltd., doTERRA International, Plant Therapy Essential Oils, Emu Ridge Eucalyptus, Frutarom Industries Ltd., Sensient Technologies Corporation, and Ananda Apothecary.