Global Oregano Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Global Oregano Oil Market Overview:

“The global Oregano Oil Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Oregano oil is an essential oil derived from flowers and air-dried leaves of oregano plant and concentrated by steam distillation process. Oregano plant also known as Origanum Vulgare, is a native to the Mediterranean region and its usage dates back to 2000 years. Oregano means ‘joy of mountains’ in Greek as it was used due to its medicinal healing properties.

Oregano oil possesses various medicinal properties such as anti-fungal, anti-viral and anti-allergic, etc. It is also used in aromatherapy and dermatology therapy to improve quality of skin.

Rising use of organic oil in cosmetics owing to its anti-bacterial and anti-inflammatory properties coupled with a growing preference for natural and herbal cosmetics among individuals, is a major factor anticipated to propel the demand of the oregano oil and drives the growth of the target market in the near future.

The increasing preference of oregano oil from pharmaceutical industry due to its medicinal properties also expected to drive the growth of the global oregano oil market over the forecast period. Growing awareness regarding the benefits of natural and organic oil over the allopathic medicines, is also expected to bolster the demand of oregano oil over the long run. In addition, the growing use of oregano oil for aromatherapy is another factor anticipated to fuel the growth of the global oregano oil market.

However, the high cost of oregano oil may hamper the demand and restrain the growth of the global oregano oil market. Nevertheless, increasing use of oregano oil as natural food preservative and further ongoing research and development activities for expanding its applications can create higher revenue opportunities for players in the target market.

Europe accounts for the largest market share in terms of revenue and is expected to maintain its dominance over the forecast period followed by North America. The demand of oregano oil is increasing due to rising use of oregano oil in food and beverages in the region. In addition, increasing use of oregano oil based cosmetics among consumer is also expected to boost the growth of the global market in Europe region.  The Asia Pacific market is expected to witness a lucrative growth as the use of oregano oil is Increasing for medicines and aromatherapy in the region.

Global Oregano Oil Market Segmentation:

Segmentation by Application:

• Cosmetics
• Pharmaceuticals
• Food and Beverages

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa