Europe Haitian Vetiver Oil Ingredients Market Size and Growth Analysis:
Europe Haitian Vetiver Oil Ingredients market was worth USD 9.37 million in 2021 and is estimated to be growing at a CAGR of 1.55%, to reach USD 10.12 million by 2026.
Europe Haitian Vetiver Oil Ingredients Market Overview:
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 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.
Europe Haitian Vetiver Oil Ingredients Market Segmentation:
The Europe Haitian Vetiver Oil Ingredients market is segmented on the basis of Products into
Conventional
Organic
Based on Application, the market is segmented into
Perfume
Scent Products
Pharmaceuticals
Food and Beverages
Europe Haitian Vetiver Oil Ingredients Market geographical Analysis
On the basis of geography, the Europe market is analyzed under the regions namely
U.K
Germany
France
Spain
Italy
This market is estimated to grow significantly in the future years because of increasing population and growing disposable income.
Europe Haitian Vetiver Oil Ingredients Market Key players:
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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