Rose Oil Market Size Will Attain USD 24.3 Billion by 2030 Growing at 11.1% CAGR - Exclusive Report by Zion Market Research | Global Rose Oil Market Size, Share, Trends Analysis Report

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NEW YORK, United States, May 17, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled "Rose Oil Market By Product (Organic And Conventional), By Application (Fragrance & Cosmetics, Pharmaceuticals, And Food & Beverages), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030" in its research database.

"According to the latest research study, the demand of global Rose Oil Market size & share in terms of revenue was valued at USD 12.1 billion in 2022 and it is expected to surpass around USD 24.3 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 11.1% during the forecast period 2023 to 2030."

What is Rose Oil? How big is the Rose Oil Industry?

Report Overview:

Rose oil is extracted from the petals of various kinds of roses. Reportedly, rose oil finds a slew of applications in aromatherapy, personal care & cosmetic industry, and perfumes. Moreover, the growing demand for naturopathy and the use of rose oil in naturopathy for curing anxiety, repetitive stress disorder, depression, menopausal symptoms, and migraine pain has enhanced the popularity of rose oils.

Furthermore, skin care products consist of rose oils that help in dry skin hydration, clearing of acne, reduction in aging signs, and reducing scars, eczema, & rosacea on the skin.

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(A free sample of this report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • About 215+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
  • Zion Market Research Methodology


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Global Rose Oil Market:

Growth Factors:

  • Ability of rose oil to effectively cure inflammation and redness on the skin will contribute majorly toward the growth of the global rose oil market.
  • In addition to this, users who have dry and sensitive screens prefer rose oil as it helps them in moisturizing their skin for a long period.
  • This factor will enhance the growth of the global market. Increase in the per capita income of the customers has resulted in massive purchases of skincare products, thereby incrementing the growth of the market across the globe.

Restraints:

  • High product costs can put brakes on the growth of the global rose oil industry.
  • Rise in flexible packaging charges is likely to hinder the global industry surge.

Opportunities:

  • A prominent application of rose oil in food & beverages and cosmetics and the launching of new products has produced new growth opportunities for the global industry, thereby offsetting the impact of hindrances on the global industry expansion.

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Report Scope

Report Attribute Details
Market Size in 2022 USD 12.1 Billion
Projected Market Size in 2030 USD 24.3 Billion
CAGR Growth Rate 11.1% CAGR
Base Year 2022
Forecast Years 2023-2030
Key Market Players Alteya Organics, LLC; Firmenich International SA; Sigma-Aldrich, Inc.; MANE FILS SA; Symrise AG; Ernesto Ventos SA; Givaudan SA; Baker v. International Flavors & Fragrances Inc.; Robertet SA; and BERJÉ INC.
Key Segment By Product, By Application, and By Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options Request customized purchase options to meet your research needs. Explore purchase options

Rose Oil Market: Segmentation Analysis

  • Pharmaceuticals segment is projected to record the fastest CAGR of 10.1% in the coming years

The application segment of the global rose oil market is sub-divided into fragrance & cosmetics, pharmaceuticals, and food & beverages segments. Furthermore, the pharmaceuticals segment is projected to record the fastest CAGR of 10.1% in the coming years. The segmental expansion over 2023-2030 can be subject to the antidiabetic, antibacterial, and antioxidant features of the product. Moreover, the long shelf life of the product has enhanced the adoption of the product in the pharmaceutical sector. For the record, rose oil improves the healing and wellness of the body. In addition to this, the product helps in preventing a large number of diseases including ulcers, acne, heart disorders, skin diseases, and cancer by reducing toxins in the body.

  • Organic segment is anticipated to register the fastest CAGR of 9.7% in the upcoming years

On the basis of product, the rose oil industry across the globe is sectored into organic and conventional segments. Moreover, the organic segment is anticipated to register the fastest CAGR of 9.7% in the upcoming years. Rising demand for organic rose oil in the cosmetic sector will embellish the segmental growth. Furthermore, customers prefer herbal products for use on the skin, thereby driving segmental growth.

The global Rose Oil market is segmented as follows:

By Product

  • Organic
  • Conventional

By Application

  • Fragrance & Cosmetics
  • Pharmaceuticals
  • Food & Beverages

Browse the full "Rose Oil Market By Product (Organic and Conventional), By Application (Fragrance & Cosmetics, Pharmaceuticals, and Food & Beverages), and By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030." Report at https://www.zionmarketresearch.com/report/rose-oil-market

Competitive Landscape

Some of the main competitors dominating the global Rose Oil market include - 

  • Alteya Organics LLC
  • Firmenich International SA
  • Sigma-Aldrich Inc.
  • MANE FILS SA
  • Symrise AG
  • Ernesto Ventos SA
  • Givaudan SA
  • Baker v. International Flavors & Fragrances Inc.
  • Robertet SA
  • BERJÉ INC.

 Key Insights from Primary Research:

  • According to the analysis shared by our research analyst, the Rose Oil market is likely to expand at a CAGR of around 11.1% during the forecast period (2023-2030).     
  • In terms of revenue, the Rose Oil market size was valued at around US$ 12.1 billion in 2022 and is projected to reach US$ 24.3 billion by 2030.
  • The global rose oil market is anticipated to record massive growth over the forecast period owing to surging consumer inclination towards the use of natural & organic ingredients in their routine activities.
  • Based on the product, the conventional segment is predicted to dominate the segmental space over the forecast timeline.
  • In terms of application, the fragrances & cosmetics segment is slated to contribute majorly towards the market growth over 2023-2030.
  • Region-wise, the Asia-Pacific rose oil market is projected to register the highest CAGR during the assessment period.

Have Any Query? Ask Our Experts: https://www.zionmarketresearch.com/inquiry/rose-oil-market

Key questions answered in this report:

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  • What is the market size and growth rate forecast for Rose Oil industry?
  • What are the main driving factors propelling the Rose Oil Market forward?
  • What are the leading companies in the Rose Oil Industry?
  • What segments does the Rose Oil Market cover?
  • How can I receive a free copy of the Rose Oil Market sample report and company profiles?

Key Offerings:

  • Market Size & Forecast by Revenue | 2023−2030
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis By Product, By Application, and By Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Request for Customization on this Report as per your requirements - https://www.zionmarketresearch.com/custom/7187

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

Regional Analysis:

  • European rose oil market to witness substantial growth in the forecasting years

The European continent, which contributed for nearly 40% of the global rose oil market share in 2022, is projected to dominate the regional market surge over the forecast timeline. The regional market expansion over 2023-2030 is owing to the growing use of organic ingredients and oils in the cosmetics & personal care sector in the countries such as the UK, France, Germany, and Italy.

In addition to this, the presence of giant players in Europe has enhanced the market profitability in the continent.

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/rose-oil-market

Recent Developments

  • In the first half of 2023, Saudi Arabia allocated funds worth nearly $17 million for producing roses for Taif Rose Festival which is going to be held during the harvesting period. For the record, Taif province possesses more than 910 rose farms and nearly 70 rose processing units & labs for deriving eighty products that will be used for manufacturing rose oils and other kinds of personal care products & fragrances.
  • In the second quarter of 2023, Alteya Organics, a key producer of organic skin care & baby care products, has provided various rose-based products to different countries in Europe and Asia-Pacific region. The move is likely to boost the expansion of the global rose oil market.
  • In the first quarter of 2021, Robertet Group, a France-based fragrance & flavor as well as aromatic product manufacturer, has decided to manufacture new rose-based flavors for its customers in the U.S., UK, India, China, South Korea, and Japan.

Browse Other Related Research Reports from Zion Market Research:

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