Oregano Essential Oil Market Key Highlights:
- Market Size (2024): USD 4.54 Billion
- Projected Market Size (2034): USD 7.46 Billion
- CAGR (2023-2034): 5.1%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Oregano Essential Oil Market
The oregano essential oil market is an important branch of the food and beverage industry. This industry deals in the manufacturing and distribution of oregano-based oil around the world. The main types of products manufactured by this industry include natural oregano essential oil and conventional oregano essential oil. These oils are mainly available in several forms on the market, consisting of capsules and oregano liquid. The nature of oregano essential oil is organic and conventional, and it contains carvacrol of various grades. This market is likely to rise significantly with the growth of the retail sector across the world.
The demand for oregano essential oil has increased in the pharmaceutical industry. In the pharmaceutical sector, these oils are used in the manufacturing of several medicines such as antimicrobial, antioxidant, anti-inflammatory, antiviral, and some others. Also, the usage of these oils has grown rapidly in the cosmetics sector. In the cosmetics industry, it is used in the production of skincare products, hair care products, and anti-aging agents. Moreover, the application of oregano essential oil has increased in the food and beverage industry. In the food and beverages sector, these oils are used in the manufacturing of animal feed, antioxidants, and food preservatives. Thus, the growing application of these oils in the above-mentioned sectors is anticipated to foster the growth of the oregano essential oil market.
Advancements in micro and nanoencapsulation along with developments in oregano oil-infused mucin microneedle patch is expected to create ample growth opportunities for the market players in the future. In January 2024, Devenish launched OregoPro. OregoPro is a feed supplement that comes with several anti-inflammatory and anti-oxidant properties.
Oregano Essential Oil Market Segmentation:
By Type
- Organic Oregano Essential Oil
- Conventional Oregano Essential Oil
By Application
- Pharmaceuticals
- Cosmetics
- Food and Beverages
- Others
Oregano Essential Oil Market Companies:
- Now Health Group
- DoTERRA International
- Young Living Essential
- Natural Factors Nutritional Products
- Zane Hellas
- Nature's Way Products
- NHR Organic Oils
- Baltik Junior
- Plant Therapy
- North American Herbs & Spice.
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