According to a new report published by UnivDatos Markets Insights, the Jasmine Oil Market was valued at USD 85.45 million in 2021 & is expected to grow at a CAGR of 6% from 2022-2030. The analysis has been segmented into Type (Jasminum Grandiflorum and Jasminum Officinale); Application (Personal Care, Food and Beverage, Pharmaceuticals, and Others); Distribution Channel (Online and Offline); and Region/Country.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/report/jasmine-oil-market/get-a-free-sample-form.php?product_id=40459

The Jasmine Oil Market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Jasmine Oil Market. The Jasmine Oil Market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Jasmine Oil Market at the global and regional levels.

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Key Market Dynamics

The increasing demand for natural and organic beauty products is one of the major driving factors in this market. As consumers become more healthy and environmentally conscious, they are seeking out natural and organic products that are free from synthetic chemicals. Jasmine oil is a natural and organic product that is extracted from the flowers of the jasmine plant and is therefore in high demand in the cosmetics and personal care industry. Furthermore, the growing awareness among consumers regarding the benefits of jasmine oil is also driving the growth of the market. Jasmine oil is known for its anti-inflammatory, antispasmodic, and antidepressant properties, and is used in a variety of traditional medicine practices. In addition, jasmine oil is also used in aromatherapy, which is a growing trend in the wellness industry. The use of jasmine oil in aromatherapy is expected to drive the growth of the market in the coming years. Also, the increasing demand for jasmine oil in a variety of food and beverage products, such as tea, rice, and baked goods boost the demand for jasmine oil in the food & beverage industry in coming years.

COVID-19 Impact

The COVID-19 pandemic has had a significant impact on the jasmine oil market, leading to a shortage of jasmine oil due to disruptions in the production and transportation of jasmine flowers. The pandemic has also affected consumer demand for jasmine oil, resulting in a decline in sales for companies that produce and sell jasmine oil. However, the demand for jasmine oil is expected to recover in the long run as the pandemic subsides and global supply chains and trade resume, driven by the increasing demand for natural and organic products and the growing awareness of the benefits of jasmine oil in traditional medicine and aromatherapy.

The global jasmine oil market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

·         Based on type, the market is bifurcated into jasminum grandiflorum and jasminum officinale. The Jasminum grandiflorum category is to witness a higher CAGR during the forecast period.

·         Based on application, the market is categorized into personal care, food and beverage, pharmaceuticals, and others. Among these, personal care held a significant share of the market in 2021.

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Jasmine Oil Market Geographical Segmentation Includes:

·         North America (U.S., Canada, and the Rest of North America)

·         Europe (Germany, UK, France, Italy, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific)

·         Rest of the World

The growing demand for the product in the cosmetics and personal care industry. The increasing awareness among consumers regarding the benefits of natural and organic products, as well as the growing demand for high-quality and authentic products, are driving the growth of the jasmine oil market in the region. In addition, the increasing number of health and wellness stores and spas that offer jasmine oil-based products is also driving the growth of the market. China is the largest market for jasmine oil in the region, with significant demand for the product in the cosmetics and personal care industry.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Jasmine Oil Market. The major players have been analyzed by using research methodologies such as Porter’s Five Forces Analysis for getting insight views on global competition.

Recent Developments:

·         In 2023, Marico Limited’s premium hair nourishment brand, Parachute Advanced has launched a new campaign TVC for parachute advanced jasmine hair oil titled Shine Bejhijhak.0

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Jasmine Oil Market?

• Which factors are influencing the Jasmine Oil Market over the forecast period?

• What are the global challenges, threats, and risks in the Jasmine Oil Market?

• Which factors are propelling and restraining the Jasmine Oil Market?

• What are the demanding global regions of the Jasmine Oil Market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

• What are the descriptive profiles of key companies along with their SWOT analysis?

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About UnivDatos Market Insights (UMI)

Browse Other Related Research Reports from UnivDatos Market Insights

·         Oilseeds Market

·         Hazelnut Oil Market

·         Glycerol Market

·         Personal Care Ingredients Market

·         Beauty and Personal Care Market

Target Audience:

·         Aromatherapy Enthusiasts

·         Natural Skincare and Beauty

·         Wellness and Spa Industries

·         Pharmaceutical Companies

·         Retailers and Distributors

About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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