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Global Patchouli Oil Market to reach USD XX billion by 2028.

Global Patchouli Oil Market to reach USD XX billion by 2028.

Product Code: OIRFB-72300635
Publish Date: 23-03-2022
Page: 200

Global Patchouli Oil Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Patchouli oil is an essential oil which is derived from the leaves of the Patchouli plant, which is an aromatic herb. This oil contents anti-bacterial, anti-inflammatory, anti-fungal and antiseptic properties. Patchouli is native to tropical Asia, where it is widely cultivated and has been used as essential oil. Growing Personal care & Cosmetics industry and rising demand for clean label products are key drivers for the growth of Patchouli Oil market. For instance, according to global database Management Company Statista- As of 2022, the revenue in the Beauty & Personal Care market amounts to USD 564 billion and as per the projections the market is expected to grow annually by 4.76% between 2022 and 2026 and would reach to USD 679.3 billion by the year 2026. In recent events, in January 2022 Givaudan SA has acquired 48% stake in Nanovetores Group from The Criatec Fund, a Brazilian investment fund. Also, with the increasing demand from end use industries and growing pharmaceutical sector in emerging economies, the adoption & demand for Patchouli Oil is likely to increase the market growth during the forecast period. However, price volatility of Patchouli Oil and supply Chain disruption due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Patchouli Oil market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to growing cultivation of patchouli plat and it being native of the region. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing food and beverages sector and increasing pharmaceuticals application of Patchouli pant in the region would create lucrative growth prospects for the Patchouli Oil market across Asia-Pacific region.

Major market player included in this report are:
Takasago International Corporation,
Eastern Agencies Aromatics Pvt. Ltd.,
Nusaroma Pvt Ltd.
Firmenich S.A. Pvt Ltd.
PT Mitra Ayu Adi Pratama Public Ltd.
PT Aroma Essence Prima, Pvt Ltd.
Givaudan SA, Public Ltd.
Berjé Inc. Public Ltd.
Ultra-International B.V. Pvt Ltd.
Indesso Aroma Pvt Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Light Patchouli Oil
Dark Patchouli Oil
By Nature:
By Extraction Process:
Steam Distillation
Hydro Distillation
By Function:
Flavoring Agent
Mood Harmonizer
By Distribution Channel:
Direct Sales
Indirect Sales
By End Use Industries:
Cosmetics and Personal Care
Food and Beverages
Others (Detergents, Household Cleaning, Insect Repellents)
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Patchouli Oil Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Patchouli Oil Market, by Region, 2020-2028 (USD Billion)
1.2.2. Patchouli Oil Market, by Product Type, 2020-2028 (USD Billion)
1.2.3. Patchouli Oil Market, by Nature, 2020-2028 (USD Billion)
1.2.4. Patchouli Oil Market, by Extraction Process, 2020-2028 (USD Billion)
1.2.5. Patchouli Oil Market, by Function, 2020-2028 (USD Billion)
1.2.6. Patchouli Oil Market, by Distribution Channel, 2020-2028 (USD Billion)
1.2.7. Patchouli Oil Market, by End Use Industries, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Patchouli Oil Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Patchouli Oil Market Dynamics
3.1. Patchouli Oil Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing Cosmetics & Personal care industry Rising demand for clean label products.
3.1.2. Market Challenges price volatility of patchouli oil. Supply Chain disruption due to pandemic.
3.1.3. Market Opportunities Rising Demand from end use industries. Growing Pharmaceutical sector in emerging economies.
Chapter 4. Global Patchouli Oil Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Patchouli Oil Market, by Product Type
6.1. Market Snapshot
6.2. Global Patchouli Oil Market by Product Type, Performance – Potential Analysis
6.3. Global Patchouli Oil Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)
6.4. Patchouli Oil Market, Sub Segment Analysis
6.4.1. Light Patchouli Oil
6.4.2. Dark Patchouli Oil
Chapter 7. Global Patchouli Oil Market, by Nature
7.1. Market Snapshot
7.2. Global Patchouli Oil Market by Nature, Performance – Potential Analysis
7.3. Global Patchouli Oil Market Estimates & Forecasts by Nature 2019-2028 (USD Billion)
7.4. Patchouli Oil Market, Sub Segment Analysis
7.4.1. Organic
7.4.2. Conventional
Chapter 8. Global Patchouli Oil Market, by Extraction Process
8.1. Market Snapshot
8.2. Global Patchouli Oil Market by Extraction Process, Performance – Potential Analysis
8.3. Global Patchouli Oil Market Estimates & Forecasts by Extraction Process 2019-2028 (USD Billion)
8.4. Patchouli Oil Market, Sub Segment Analysis
8.4.1. Steam Distillation
8.4.2. Hydro Distillation
Chapter 9. Global Patchouli Oil Market, by Function
9.1. Market Snapshot
9.2. Global Patchouli Oil Market by Function, Performance – Potential Analysis
9.3. Global Patchouli Oil Market Estimates & Forecasts by Function 2019-2028 (USD Billion)
9.4. Patchouli Oil Market, Sub Segment Analysis
9.4.1. Anti-inflammatory
9.4.2. Antidepressant
9.4.3. Flavoring Agent
9.4.4. Mood Harmonizer
9.4.5. Deodorizer
9.4.6. Others
Chapter 10. Global Patchouli Oil Market, by Distribution Channel
10.1. Market Snapshot
10.2. Global Patchouli Oil Market by Distribution Channel, Performance – Potential Analysis
10.3. Global Patchouli Oil Market Estimates & Forecasts by Distribution Channel 2019-2028 (USD Billion)
10.4. Patchouli Oil Market, Sub Segment Analysis
10.4.1. Direct Sales
10.4.2. Indirect Sales
Chapter 11. Global Patchouli Oil Market, by End Use Industries
11.1. Market Snapshot
11.2. Global Patchouli Oil Market by End Use Industries, Performance – Potential Analysis
11.3. Global Patchouli Oil Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
11.4. Patchouli Oil Market, Sub Segment Analysis
11.4.1. Cosmetics and Personal Care
11.4.2. Aromatherapy
11.4.3. Food and Beverages
11.4.4. Pharmaceuticals
11.4.5. Others (Detergents, Household Cleaning, Insect Repellents)
Chapter 12. Global Patchouli Oil Market, Regional Analysis
12.1. Patchouli Oil Market, Regional Market Snapshot
12.2. North America Patchouli Oil Market
12.2.1. U.S. Patchouli Oil Market Product Type breakdown estimates & forecasts, 2019-2028 Nature breakdown estimates & forecasts, 2019-2028 Extraction Process breakdown estimates & forecasts, 2019-2028 Function breakdown estimates & forecasts, 2019-2028 Distribution Channel breakdown estimates & forecasts, 2019-2028 End Use Industries breakdown estimates & forecasts, 2019-2028
12.2.2. Canada Patchouli Oil Market
12.3. Europe Patchouli Oil Market Snapshot
12.3.1. U.K. Patchouli Oil Market
12.3.2. Germany Patchouli Oil Market
12.3.3. France Patchouli Oil Market
12.3.4. Spain Patchouli Oil Market
12.3.5. Italy Patchouli Oil Market
12.3.6. Rest of Europe Patchouli Oil Market
12.4. Asia-Pacific Patchouli Oil Market Snapshot
12.4.1. China Patchouli Oil Market
12.4.2. India Patchouli Oil Market
12.4.3. Japan Patchouli Oil Market
12.4.4. Australia Patchouli Oil Market
12.4.5. South Korea Patchouli Oil Market
12.4.6. Rest of Asia Pacific Patchouli Oil Market
12.5. Latin America Patchouli Oil Market Snapshot
12.5.1. Brazil Patchouli Oil Market
12.5.2. Mexico Patchouli Oil Market
12.6. Rest of The World Patchouli Oil Market

Chapter 13. Competitive Intelligence
13.1. Top Market Strategies
13.2. Company Profiles
13.2.1. Takasago International Corporation, Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
13.2.2. Eastern Agencies Aromatics Pvt. Ltd.,
13.2.3. Nusaroma Pvt Ltd.
13.2.4. Firmenich S.A. Pvt Ltd.
13.2.5. PT Mitra Ayu Adi Pratama Public Ltd.
13.2.6. PT Aroma Essence Prima, Pvt Ltd.
13.2.7. Givaudan SA, Public Ltd.
13.2.8. Berjé Inc. Public Ltd.
13.2.9. Ultra-International B.V. Pvt Ltd.
13.2.10. Indesso Aroma Pvt Ltd.
Chapter 14. Research Process
14.1. Research Process
14.1.1. Data Mining
14.1.2. Analysis
14.1.3. Market Estimation
14.1.4. Validation
14.1.5. Publishing
14.2. Research Attributes
14.3. Research Assumption

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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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