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Rose Oil Market Report by Source (Rosa Damascena, Rosa Centifolia, and Others), Product (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), Application (Fragrance and Cosmetics, Pharmaceuticals, Food and Beverages, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3629
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Market Overview:
The global rose oil market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.82% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 2.5 Billion |
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Market Forecast in 2032
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US$ 4.3 Billion |
| Market Growth Rate 2024-2032 | 5.82% |
Rose oil is an essential oil extracted from the petal of roses. It is obtained through processes, such as solvent extraction, steam distillation and supercritical carbon dioxide extraction. The oil consists of various essential chemical components, such as geraniol, citronellol, linalool, geranyl acetate and eugenol. It obtains the fragrance for beta-ionone and beta-damascenone and is widely used for aromatherapy, medical and skincare applications. In aromatherapy, it is used for reducing anxiety and depression. When applied to the skin, it aids in relieving pain and inflammation and improves the skin's health. Rose oil is also used in the manufacturing of perfumes and is more functional than other essential oils.
Rapid urbanization, along with the increasing consumer preference for aromatic essential oils, is one of the key factors driving the growth of the market. Moreover, the rising prevalence of chronic medical ailments, such as arthritis, gout, asthma, irritable bowel syndrome (IBS) and gastroesophageal reflux disease (GERD), is providing a thrust to the market growth. Rose oil also has anti-inflammatory, acne-preventing, anti-aging, moisturizing, rejuvenating, stimulating and skin healing properties. Additionally, various product innovations, such as the manufacturing of herbal and organic variants, are acting as other growth-inducing factors. Manufacturers are also using different species of roses to produce the oil with enhanced functional properties. In line with this, aggressive promotional activities through social media platforms and online retail channels, are also contributing to the growth of the market. This, along with the rising expenditure capacities of the consumers, is anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global rose oil market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on source, product, distribution channel and application.
Breakup by Source:
- Rosa Damascena
- Rosa Centifolia
- Others
Breakup by Product:
- Organic
- Conventional
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Application:
- Fragrance and Cosmetics
- Pharmaceuticals
- Food and Beverages
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alteya Organics LLC, Berje Inc., Ernesto Ventós S.A., Firmenich SA, Givaudan SA, International Flavors & Fragrances Inc., MANE SA, Robertet SA, Sigma-Aldrich Inc. (Merck KGaA) and Symrise.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Source, Product, Distribution Channel, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Alteya Organics LLC, Berje Inc., Ernesto Ventós S.A., Firmenich SA, Givaudan SA, International Flavors & Fragrances Inc., MANE SA, Robertet SA, Sigma-Aldrich Inc. (Merck KGaA) and Symrise |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
We expect the global rose oil market to exhibit a CAGR of 5.82% during 2024-2032.
The introduction of organic and herbal rose oil variants in aromatherapy and medical as well as skincare applications, owing to its anti-inflammatory, acne-preventing, anti-aging, moisturizing, etc., properties, is primarily driving the global rose oil market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of rose oil.
Based on the source, the global rose oil market can be categorized into rosa damascene, rosa centifolia, and others. Among these, rosa damascene currently accounts for the majority of the global market share.
Based on the product, the global rose oil market has been segregated into organic and conventional, where conventional holds the largest market share.
Based on the application, the global rose oil market can be bifurcated into fragrance and cosmetics, pharmaceuticals, food and beverages, and others. Currently, fragrance and cosmetics exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global rose oil market include Alteya Organics LLC, Berje Inc., Ernesto Ventós S.A., Firmenich SA, Givaudan SA, International Flavors & Fragrances Inc., MANE SA, Robertet SA, Sigma-Aldrich Inc. (Merck KGaA), and Symrise.
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