Market Overview:
The global betel leaf oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for betel leaf oil in food additive, cosmetic and perfumes, pharmaceutical and other applications. Betel leaf oil is obtained through light distillation or heavy distillation process. The light distillation process yields a higher quality product as compared to the heavy distillation process. However, the light distillation process is more expensive as it uses more refined raw materials. Regionally, Asia Pacific dominates the global betel leaf oil market followed by Europe and North America respectively.
Product Definition:
Betel leaf oil is an essential oil that is extracted from the leaves of the betel plant. The oil has a number of uses, including as a flavoring agent, in perfumery, and in traditional medicine. The oil is also used to make soap and other personal care products.
Light Distillation:
Light distillation is a process to extract oil from leaves of the betel palm tree. It is also known as solar distillation or dry distillation and basically involves vaporization of oils at a high temperature. The extracted oil then gets reduced to its base components which include alcohol and water.
The process has several advantages such as it does not use any harmful chemicals, it's environment friendly, produces low toxic fumes, requires less time & energy.
Heavy Distillation:
Heavy distillation is a process used to extract essential oils from various plants. It involves the use of hot air as a medium for vaporization and condensation of plant materials which are then collected in an oil form. The main objective behind this technique is to separate volatile components (such as terpenes, ketones, alcohols, and esters) that may be hazardous to health from the final product.
Application Insights:
The food additive application segment led the global market in 2017. Betel leaf oil is used as a flavoring agent and to improve the taste of foods, such as salad dressings, sauces, soups and chocolates. The cosmetic and perfumes application segment is expected to witness significant growth over the forecast period owing to its high demand from countries like India, China Japan Malaysia Singapore etc. where chewing tobacco or paan products are popular among women aged 35 years & above group who chew betel leaves for improving their looks according to local tradition & culture.
The pharmaceutical segment accounted for 6% share of the overall revenue in 2017 due to extensive usage of betel leaf oil capsules and tablets for treating various diseases related gum disease cold sores skin infections etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid urbanization and increasing disposable income of consumers. Moreover, rising demand for food flavors and fragrances due to changing consumer preferences is anticipated to drive the regional market over the forecast period.
The product demand in Europe was valued at USD X million in 2017 owing to its use as a flavoring ingredient for cigarettes, cigars, and other tobacco products consumed across various countries including Spain, Italy, Germany among others. Betel leaf oil finds application as an additive in chewing gum bases produced by companies such as Wrigley’s and Mars Incorporated among others due to its abilityto increase saliva production which helps prevent tooth decay among consumers aged 6+ years thereby boosting product consumption across this region (Europe).
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of betel leaf oil
- Growing popularity of aromatherapy and essential oils
- Rapid urbanization and growing disposable income in developing countries
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Betel Leaf Oil Market Research Report
By Type
Light Distillation, Heavy Distillation
By Application
Food Additive, Cosmetic and Perfumes, Pharmaceutical, Others
By Companies
Katyani Exports, India Essential Oils, Kanta Group, Aramac, AOS Products Private Limited, DBR Exports India, Moksha
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Betel Leaf Oil Market Report Segments:
The global Betel Leaf Oil market is segmented on the basis of:
Types
Light Distillation, Heavy Distillation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Additive, Cosmetic and Perfumes, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Katyani Exports
- India Essential Oils
- Kanta Group
- Aramac
- AOS Products Private Limited
- DBR Exports India
- Moksha
Highlights of The Betel Leaf Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Distillation
- Heavy Distillation
- By Application:
- Food Additive
- Cosmetic and Perfumes
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Betel Leaf Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Betel Leaf Oil is a natural extract from the Betel Nut tree. It has been used in Asia for centuries as a stimulant and to improve mood and cognitive function.
Some of the major players in the betel leaf oil market are Katyani Exports, India Essential Oils, Kanta Group, Aramac, AOS Products Private Limited, DBR Exports India, Moksha.
The betel leaf oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Betel Leaf Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Betel Leaf Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Betel Leaf Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Betel Leaf Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Betel Leaf Oil Market Size & Forecast, 2018-2028
4.5.1 Betel Leaf Oil Market Size and Y-o-Y Growth
4.5.2 Betel Leaf Oil Market Absolute $ Opportunity
Chapter 5 Global Betel Leaf Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Betel Leaf Oil Market Size Forecast by Type
5.2.1 Light Distillation
5.2.2 Heavy Distillation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Betel Leaf Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Betel Leaf Oil Market Size Forecast by Applications
6.2.1 Food Additive
6.2.2 Cosmetic and Perfumes
6.2.3 Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Betel Leaf Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Betel Leaf Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Betel Leaf Oil Analysis and Forecast
9.1 Introduction
9.2 North America Betel Leaf Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Betel Leaf Oil Market Size Forecast by Type
9.6.1 Light Distillation
9.6.2 Heavy Distillation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Betel Leaf Oil Market Size Forecast by Applications
9.10.1 Food Additive
9.10.2 Cosmetic and Perfumes
9.10.3 Pharmaceutical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Betel Leaf Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Betel Leaf Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Betel Leaf Oil Market Size Forecast by Type
10.6.1 Light Distillation
10.6.2 Heavy Distillation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Betel Leaf Oil Market Size Forecast by Applications
10.10.1 Food Additive
10.10.2 Cosmetic and Perfumes
10.10.3 Pharmaceutical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Betel Leaf Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Betel Leaf Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Betel Leaf Oil Market Size Forecast by Type
11.6.1 Light Distillation
11.6.2 Heavy Distillation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Betel Leaf Oil Market Size Forecast by Applications
11.10.1 Food Additive
11.10.2 Cosmetic and Perfumes
11.10.3 Pharmaceutical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Betel Leaf Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Betel Leaf Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Betel Leaf Oil Market Size Forecast by Type
12.6.1 Light Distillation
12.6.2 Heavy Distillation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Betel Leaf Oil Market Size Forecast by Applications
12.10.1 Food Additive
12.10.2 Cosmetic and Perfumes
12.10.3 Pharmaceutical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Betel Leaf Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Betel Leaf Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Betel Leaf Oil Market Size Forecast by Type
13.6.1 Light Distillation
13.6.2 Heavy Distillation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Betel Leaf Oil Market Size Forecast by Applications
13.10.1 Food Additive
13.10.2 Cosmetic and Perfumes
13.10.3 Pharmaceutical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Betel Leaf Oil Market: Competitive Dashboard
14.2 Global Betel Leaf Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Katyani Exports
14.3.2 India Essential Oils
14.3.3 Kanta Group
14.3.4 Aramac
14.3.5 AOS Products Private Limited
14.3.6 DBR Exports India
14.3.7 Moksha
