This report provides exclusive insights into the COVID-19 impact on the Tangerine Essential Oil Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Tangerine Essential Oil Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Tangerine Essential Oil Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on tangerine
essential oil market provides an in-depth analysis of segments and sub-segments in
the global as well as the regional tangerine essential oil market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional tangerine essential oil market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of the global tangerine essential oil market. According to the
report, the global tangerine essential oil market is projected to grow at a
CAGR of 3.4% over the forecast period of 2019-2025.
The tangerine essential oil comes from the tangerine fruits. This
oil is derived from the fruits outer peel and is full of a fresh, warm and
citrusy aroma. Owing to its tangy and sweet scent and calming effect it is used
for several applications. It has several medicinal properties such as
antifungal and antiseptic quality, which facilitates its application in skincare medicine. It is widely used to remove skin impurities and acne.
Further, owing to its antiseptic properties, it is used in several hair care
products to treat dry scalp and other hair problems. Moreover, owing to it's
cytophylactic and damage tissue restoring properties, it is used in several
scars and stretch marks removing products.
The growing awareness about the health benefits of the tangerine
essential oil, among the youth and middle-class consumers is helping to grow
the demand of tangerine essential oil market. Its numerous medicinal properties
are helping to grow the demand for tangerine essential oil-based skincare
products among the youth and middle class of consumers. Additional, increasing
disposable income among the young women consumers in the developing countries
is helping to grow the demand of the tangerine essential oil based cream,
beauty products, lotion, and other skincare related products in the developing
countries. Further, the growing awareness about the side effects of the
synthetic skincare products on the skin is helping to grow the demand of the
tangerine essential oil based organic skincare products. However, the availability
of cheap and substandard skincare products in the market is hampering the
growth of the tangerine essential oil-based products.
Geographically, North America is the largest market of the
tangerine essential oil-based products, owing to the presence of the numerous
skincare cosmetics companies in this region. Further, the availability of
well-educated consumers and growing preference about the organic products in
this region is helping to continuously grow the demand of the tangerine
essential oil-based products. Europe is the second largest market of the
tangerine essential oil-based products, after North America. The
Asia-Pacific is the highest growing market in this region, owing to the growing
disposable income among the youth consumers in this region.
The report on global tangerine essential oil market covers
segments such as source, grade, end user, and distribution channel. On the
basis of source, the sub-markets include organic, and inorganic. On the basis
of grade, the sub-markets include food grade, and industrial grade. On the
basis of end user, the sub-markets include food & beverages,
pharmaceuticals, aromatherapy, and cosmetics & personal care. On the basis
of the distribution channel, the sub-markets include hypermarkets/supermarkets,
specialty retail, e-commerce, and other distribution channel.
The report provides profiles of the companies in the market such
as Eden Botanicals, Berje Inc, Vigon International, Inc., Takasago
International Corporation, Mountain Rose Herbs, Young Living Essential
Oils LC, Citrus and Allied Essences Ltd., Firmenich SA, Symrise AG, and
Lionel Hitchen Limited.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the tangerine
essential oil market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.