United States Rosemary Extract and Essential Oil Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The US Rosemary Extract and Essential Oil Market has been witnessing significant growth, driven by its increasing demand across various industries. This market's versatility is evident as both rosemary extract and essential oil are used in a range of applications, from food and beverages to pharmaceuticals and cosmetics. The key factors driving this market's expansion include the growing consumer awareness about natural products, the rise in health-consciousness, and the increasing popularity of aromatherapy. These products, derived from the rosemary plant, are highly valued for their antioxidant, antimicrobial, and anti-inflammatory properties, making them essential in the wellness sector.
Industries are increasingly adopting rosemary extract and essential oil for their functional properties. In the food industry, rosemary extract is widely used as a natural preservative, owing to its ability to prevent spoilage and extend shelf life. The cosmetics and personal care industry also rely heavily on rosemary oil, particularly in skin care products, as it is known to promote healthy skin and hair. Additionally, the pharmaceutical industry uses rosemary essential oil in treatments for digestive disorders, respiratory issues, and even to enhance memory function. The growing demand for organic and plant-based products is also contributing to the overall growth of this market.
The US rosemary extract and essential oil market is segmented based on product type, application, and distribution channel. The essential oil segment holds the largest share, particularly for use in aromatherapy and natural beauty products. The increasing trend of using natural ingredients in various consumer goods is pushing the demand for rosemary-based products, which are perceived as safer and more effective alternatives to synthetic ingredients. Market growth is also fueled by technological advancements in extraction methods, ensuring higher quality and more potent products.
As the market continues to grow, industries across sectors are increasingly turning to rosemary extract and essential oil to meet consumer demand for natural, effective, and sustainable ingredients. The future of the market looks promising, with continued innovation and development of new applications.
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Naturex
International Flavors & Fragrances Inc
DuPont
Kalsec
Kemin
FLAVEX
EVESA
Monteloeder
Ecom
Synthite
GENEHAM Pharmaceutical
Changsha E.K HERB
Hainan Super Biotech
Honsea Sunshine Biotech
Hunan Zhengdi Biological Resources Devplopment
Naturalin Bio-Resources
Xi 'an Rongde Bio-technology
Arshine
Ecom Food Industries
Senyuan Bencao
RD Health Ingredients
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Rosemary Extract and Essential Oil Market
Rosemary Extract
Rosemary Essential Oil
Liquid
Powder
Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Aromatherapy
Others
Households
Commercial
Online Sales
Offline Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Rosemary Extract and Essential Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Rosemary Extract and Essential Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Rosemary Extract and Essential Oil Market, By Type
6. US Rosemary Extract and Essential Oil Market, By Application
7. US Rosemary Extract and Essential Oil Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Rosemary Extract and Essential Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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