Asia Pacific Haitian Vetiver Oil Ingredients market was worth USD 8.38 million in 2022 and is estimated to be growing at a CAGR of 1.6%, to reach USD 9.07 million by 2027.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the industry. Haitian Vetiver varies in scent depending upon where it is grown (soil type, country, etc.). Also called as vetivert, khus, or khus, Vetiver has a prolonged history of usage and is very famous as the Oil of Tranquility.The growing demand for therapeutic and fragrance-giving oils is a result of the increasing preference for convenient and natural options to allopathic solutions. In the future years, the demand for vetiver oil as a flavoring agent is estimated to show an improvement owing to its rising usage in food and beverage products to give flavor, aroma, and specific functional properties.
The Asia Pacific Haitian Vetiver Oil Ingredients market is segmented on the
basis of Products into
Conventional
Organic
Based on the Application,
Perfume
Scent Products
Pharmaceuticals
Food and Beverages
China
India
Japan
South Korea
This market is estimated to grow significantly in the future years because of the increasing population and growing disposable income.
International Fragrance and Flavor Inc.
Lluch Essence SL, UniKode S.A.
Frager S.A.
Robertet Groupe
Ernesto Ventos SA
Floracopeia Inc.
Fleurchem Inc.
Haiti Essential Oil Co. SA
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