Dublin, Jan. 28, 2025 – The latest report, “Vetiver Oils – Global Strategic Business Report”, reveals exciting trends in the Vetiver Oils market. Valued at $710.2 million in 2024, this market is expected to grow to $1.1 billion by 2030, achieving a growth rate of 7.3% annually.
What’s behind this impressive growth? The demand for natural and sustainable products is on the rise. More consumers are opting for products that are plant-based and free from chemicals. This shift towards natural ingredients makes vetiver oil, known for its therapeutic qualities and eco-friendly profile, a preferred choice for many.
Additionally, the popularity of aromatherapy and holistic health practices is increasing. People are looking for ways to relieve stress and enhance their mood. Vetiver oil’s calming effects make it a key ingredient in many wellness products, including essential oil blends and spa treatments.
The luxury fragrance market is also contributing to the demand for vetiver oil. With the rise in niche and artisanal perfumes, vetiver’s unique aroma and fixative properties are highly valued. Consumers are not only interested in the scent but also in ethically sourced ingredients, making vetiver a popular choice for brands committed to sustainability.
The report dives deep into various applications of vetiver oil, such as in personal care, home cleaning, and even food and beverages. It explores key geographical markets, including the U.S., China, and Europe, highlighting unique growth trends in each area.
Here are some key highlights from the report:
- The Spa & Relaxation Application segment is set to grow to $612.5 million by 2030.
- The U.S. market for vetiver oil is valued at $191.4 million and is growing steadily.
- China is forecasted to grow impressively at an annual rate of 11.5% to reach $238.8 million by 2030.
This report also profiles major players in the industry, including Aromatic Herbals Private Limited, Falcon, and Fleurchem, among others. These companies are playing a significant role in shaping the market with their innovative products and sustainable practices.
As consumers become more conscious about their choices, the vetiver oils market is well-positioned to grow. With ongoing improvements in extraction methods and sourcing practices, this market is set for a promising future.
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Source linkResearch and Markets, Essential Oils , Massage Oil, Vetiver Oil
