Saudi Arabia Essential Oil Market Analysis and Size

Data Bridge Market Research analyses that the Saudi Arabia essential oil market is expected to reach the value of USD 27.96 million by 2029, at a CAGR of 7.1% during the forecast period. “

The Market Dynamics of the Saudi Arabia Essential Oil Market Include:

Drivers

• Increase in awareness related to the health benefits of essential oils

Essential oils are light-to-medium-colored, clear liquids that are pourable at low temperatures. Nowadays, consumers are more conscious regarding their health; thus, they demand healthier products that give more nutritional value. Essential oils are also rich in vitamins, especially vitamin E (tocopherol and tocotrienol), and are rich in mineral content. The content of potassium, phosphorus, and copper is also found in these oils. Thus, consumers demand and prefer pharmaceuticals and supplementary diets made from essential oils due to the uncountable health benefits of essential oils. Due to this, manufacturers are also trying to launch new essential oil products to fulfill the demands of the consumers. This factor is expected to drive the growth of the Saudi Arabia essential oil market.

• Rise in demand for essential oils from the food supplementary industry

Essential oil is widely used in the food supplementary industry as it is a great energy value. A significant proportion of the oil amaranth accounts for the importance of the body's polyunsaturated fatty acids. They are involved in synthesizing components of cell membranes, providing resistance to damaging effects, accelerating cholesterol metabolism in the liver, and normalizing the state of the walls of blood vessels. The phospholipids in essential oils regulate fat metabolism and form the structure of the nervous tissue, liver cells, and brain. In addition, the protective properties of cell membranes are formed, normal growth and reproduction of cells are ensured, and cholesterol is removed from the body. Thus, essential oils are used in food supplements in the form of capsules, tablets, pills, and liquids. The essential oil in capsules or any other form is called a dietary or food supplement.

Opportunities

• Shift towards aromatherapy

Aromatherapy is increasingly considered a popular therapy, with more spas opening in various areas, increasing consumer awareness of well-being, higher demand for natural products, and its benefits in psychological and physiological health. The use of essential oils in aromatherapy for personal care and therapeutic purposes offers tremendous growth potential. This type of alternative therapy utilizes various combinations of essential oils to get relief from various ailments like depression, indigestion, headache, insomnia, muscular pain, respiratory problems, and others. For example, Thyme essential oil is widely used in aromatherapy to help reduce fatigue, nervousness, and stress. The availability of a wide range of aroma oils is expected to boost the Saudi Arabia essential oil market. Due to this shift in the aromatherapy trend, demand for organic and certified 100% pure and natural essential oil is also increased. Thus, increasing awareness about aromatherapy and its possible health benefits influences customers. There has been a consistent demand for essential oil in the personal care and cosmetic sectors; thus, the demand for essential oil enables manufacturers to launch new products to expand further, which may promote market growth in the forecast period.

Restraints/Challenges

• Lack of availability of raw materials

The lack of availability of raw materials can be caused due to climatic conditions. In unfavorable climatic conditions, it is difficult for farmers to cultivate and grow plants such as herbs, spices, mint, citrus fruits, and others, thus less available raw materials.

The fluctuating production of these plants has resulted in the volatile supply of these plants in the form of seeds, roots, leaves, and others. The volatile supply of raw materials also drives the prices of the end product, these essential oils. The limited raw material availability is expected to hamper the market's overall value chain, a key restraining factor of the Saudi Arabia essential oil market.

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Saudi Arabia Essential Oil Market Scope

Saudi Arabia essential oil market is segmented into seven segments based on type, parts used for extraction, extraction method, nature, category, product category, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Type

• Citrus Oils
• Herb Oils
• Aromatic Oils
• Mint Oils
• Spice Oils
• Spice Seed Oils
• Others

On the basis of type, the Saudi Arabia essential oil market is segmented into citrus oils, herb oils, aromatic oils, mint oils, spice oils, spice seed oils, and others.

Parts used for extraction

• Flowers
• Leaves
• Fruit
• Cloves
• Seed
• Bark

On the basis of parts used for extraction, the Saudi Arabia essential oil market is segmented into flowers, leaves, fruit, cloves, seed, and bark.

Extraction Method

• Cold Pressed
• Solvent Extraction
• Supercritical Extraction
• Enzymatic Extraction
• Others

On the basis of extraction method, the Saudi Arabia essential oil market is segmented into cold pressed, solvent extraction, supercritical extraction, enzymatic extraction, and others.

Nature

• Organic
• Conventional

On the basis of nature, the Saudi Arabia essential oil market is segmented into organic and conventional.

Category

• Natural
• Synthetic

On the basis of category, the Saudi Arabia essential oil market is segmented into natural and synthetic.

Product Category

• Singles
• Blends

On the basis of product category, the Saudi Arabia essential oil market is segmented into singles and blends.

Application

• Food & Beverages
• Aromatherapy
• Personal Care
• Cosmetic
• Home Care
• Dietary Supplements
• Sports Nutrition
• Animal Feed
• Others

On the basis of application, the Saudi Arabia essential oil market is segmented into food & beverages, aromatherapy, personal care, cosmetic, home care, dietary supplements, sports nutrition, animal feed, and others.

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/saudi-arabia-essential-oil-market

Major TOC of the Report

• Introduction
• Market Segmentation
• Executive Summary
• Premium Insights
• Saudi Arabia Essential Oil Market: Regulations
• Market Overview
• Saudi Arabia Essential Oil Market, By Type
• Saudi Arabia Essential Oil Market, By Source
• Saudi Arabia Essential Oil Market, By Therapy
• Saudi Arabia Essential Oil Market, By Transporting Capacity
• Saudi Arabia Essential Oil Market, By Route of administration
• Saudi Arabia Essential Oil Market, By Region
• Saudi Arabia Essential Oil Market: Company Landscape
• SWOT Analyses
• Company Profile

Get TOC of the Report:-  

https://www.databridgemarketresearch.com/toc/?dbmr=saudi-arabia-essential-oil-market

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