Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.09 Billion | USD 45.50 Billion | 11.67% | 2024 |
FrequentlyAsked Questions
Rose oils are a kind of essential oil that is derived from the petals of various kinds of roses. It is derived with the help of steam distillation with rose absolutes obtained through the help of solvent with the former being utilized in perfumes. Reportedly, rose oil finds a plethora of applications in aromatherapy, personal care & cosmetic industry, and perfumes. Demand for curing anxiety, stress, depression, menstrual cramps, menopausal symptoms, and migraines has led to huge demand for rose oils.
The global rose oil market is expected to grow due to Rising demand in cosmetics, perfumery, and aromatherapy due to natural fragrance and therapeutic properties fuels growth.
According to a study, the global rose oil market size was worth around USD 15.09 Billion in 2024 and is expected to reach USD 45.50 Billion by 2034.
The global rose oil market is expected to grow at a CAGR of 11.67% during the forecast period.
Europe is expected to dominate the rose oil market over the forecast period.
Leading players in the global rose oil market include Alteya Organics, LLC; Firmenich International SA; Sigma-Aldrich, Inc.; MANE FILS SA; Symrise AG; Ernesto Ventos SA; Givaudan SA; Baker v. International Flavors & Fragrances Inc.; Robertet SA; and BERJÉ INC., among others.
The report explores crucial aspects of the rose oil market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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