Global Onion Essential Oil Market 2019 Size, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2028
“Global Onion Essential Oil Market Trend Insights, Applications, Growth Rate, and Forecast 2019 – 2028” – an upcoming report by analysts at MarketResearch.biz. In order to provide in-depth insights into the global onion essential oil market, the report is categorized on the basis of nature, end user, distribution channel, and region/ country.
Onion Essential Oil: Product Overview
Onion is known for its tasty flavor and is native to Mediterranean Coastal and Central Asia areas. It has delicate flavor, soft fiber, high storability, fleshy bulbs, and fine texture, which is considered as ‘Vegetable Queen’ in Europe. Onion oil is extracted from seeds of onions. It has different aroma owing to significant properties which includes aphrodisiac, antibacterial, Antiviral, hypnotic nature, and antiseptic.
Onion Essential Oil Market: Dynamics
Growing awareness regarding the health benefits of onion essential oil such as improve digestion, respiratory relief, pain relief, wound healing, clear skin, and detoxification is a major factor estimated to drive global market growth. In addition, increasing use of onion essential oil in healthcare and cosmetic industry is another major factor driving the target market growth. Rising demand for organic onion essential oil from aromatherapy sector is one of the factors boosting market growth to significant extent. Moreover, increasing number of applications in food industry, rising industrialization and increasing disposable income levels among individuals, especially in developing economies are boosting the global market growth.
However, high product cost and availability of artificial substitutes are major factors limiting global onion essential oils market growth.
Onion Essential Oil Market: Segment Insights
Nature Segment Insights:
Among the segments based on nature of the products, the organic segment is estimated to record significant revenue contribution share in the market. Increasing demand and adoption of organic onion essential oil owing to rising consumer awareness regarding benefits of organic products.
End Use Industry Segment Insights:
Among the end use industry segments, the food segment is estimated to account for high revenue contribution to the target market, owing to high adoption by the food industry. The cosmetic and personal care product segment is projected to grow at a significantly high rate due to increasing usage of onion oil as an ingredient or base for making hair oils. Onion oil is known to be beneficial for stimulating hair growth and maintaining hair health.
Distribution Channel Segment Insights:
Among the distribution or sales channels, the online retailing sub-segment is expected to register a higher growth rate in the global market, owing to increasing penetration of Internet and smartphones especially in developing counties. The offline sales channel remains to be the most preferred channel as it allows customers to check products before buying and compare with other similar available products.
Global Onion Essential Oil Market: Regional Insights
Europe onion essential oil market is estimated to record significant revenue in the target market over the 10-year forecast period. Increasing demand for onion essential oil from the food & beverage industry is a factor projected to propel growth of the Europe market. In addition, presence of major manufacturers is another factor expected to drive growth of the market in the region. The North America market is projected to account for moderately higher revenue share in the global market owing to increasing inclination towards essential oils, growing aromatherapy sector and rising awareness regarding benefits of onion oil.
The Asia Pacific market is anticipated to register highest CAGR over the next few years. Growing demand for onion essential oils in wide range of applications such as an ingredient in the personal care & cosmetics industry and various uses in the food industry for culinary uses in the countries including Korea, Japan, China, and India, among others in the region. In addition, growing preference for natural ingredients, increasing spending capacity, and changing lifestyles are factors projected to drive growth of global market in the next 10 years.
Global Onion Essential Oil Market Segmentation:
Segmentation by Nature:
Segmentation by End Use Industry:
- Food Industry
- Cosmetics & Personal Care
- Pharmaceutical Industry
- Therapeutic & Aromatherapy industry
Segmentation by Distribution Channel:
- Specialty Store
- Online Retailing
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BioSource Naturals
- Gritman Essential Oils
- Au Natural Organics
- Authentic Oil Co
- Kazima Perfumers
- Green Source Organics
- Reynaude & Fils
- The Lebermuth Co., Inc.
- Young Living Essential Oils LC.
- Ungerer Limited
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