Market Overview:
The global caraway oil market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the global caraway oil market can be attributed to the increasing demand for essential oils across different applications. Additionally, the growing awareness about the benefits of essential oils is also propelling the growth of this market. Based on type, compound essential oil accounted for a larger share in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its various health benefits such as reducing stress levels and improving cognitive function.
Product Definition:
Caraway oil is extracted from the dried fruits of the caraway plant. It has a strong, spicy aroma and is used in aromatherapy, perfumery, and as a flavoring agent in food. Caraway oil is also used medicinally to treat digestive problems.
Compound Essential Oil:
Compound essential oil is a volatile mixture of fragrances which are extracted from plant materials by steam distillation. Compound essential oils have more than one scent and can be used as per the requirement. The most commonly known compound essential oils are lavender, rosemary, thyme, oregano, peppermint and saffron among many others.
Unilateral Essential Oil:
Unilateral essential oil is the purest form of a single essential oil. It is produced from the steam distillation of leaves and other parts of a plant, which are considered to be highly effective for their therapeutic properties. The therapeutic properties exhibited by these oils help in treating various medical conditions such as pain relief, digestive disorders, respiratory problems and skin-related issues like acne & eczema.
Application Insights:
Spa and relaxation application segment led the global caraway oil market in 2017. The product is used for various purposes including as a food additive, flavor enhancer, preservative and medicine. It is considered to be a medicinal herb due to its properties that help treat gastrointestinal conditions such as gas, heartburn, nausea and indigestion. These health benefits of caraway oil have encouraged its use in spa facilities at hotels around the world.
The medical segment accounted for more than 20% share of the total revenue in 2017 owing to extensive usage as an antidiarrheal agent and treatment for coughs & colds throughout history.
Regional Analysis:
Europe was the largest market for caraway oil accounting for a share of more than 35.0% in 2017 owing to high consumption in food products such as baklava, kibbeh, and falafel. Moreover, increasing demand from other application segments such as massage oils is expected to drive the regional market over the forecast period.
Growth Factors:
- Increasing demand for Caraway Oil in food and beverage industry as a flavoring agent.
- Rising awareness about the health benefits of Caraway Oil is expected to boost its demand in the global market.
- Growing use of Caraway Oil in aromatherapy is another key factor that would fuel its growth in the coming years.
- Rising popularity of herbal products is anticipated to create new opportunities for Caraway Oil market during the forecast period.
- Growing research and development activities on caraway oil are likely to open new avenues for this market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Caraway Oil Market Research Report
By Type
Compound Essential Oil, Unilateral Essential Oil
By Application
Medical, Spa and Relaxation, Others
By Companies
Albert Vieille, Berje, Elixens, Ernesto Ventos, Fleurchem, H.Interdonati, Ungerer and Company, Penta Manufacturing Company, Robertet Group, Ultra International, Treatt Plc, PerfumersWorld
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Caraway Oil Market Report Segments:
The global Caraway Oil market is segmented on the basis of:
Types
Compound Essential Oil, Unilateral Essential Oil
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
Medical, Spa and Relaxation, 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:
- Albert Vieille
- Berje
- Elixens
- Ernesto Ventos
- Fleurchem
- H.Interdonati
- Ungerer and Company
- Penta Manufacturing Company
- Robertet Group
- Ultra International
- Treatt Plc
- PerfumersWorld
Highlights of The Caraway 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:
- Compound Essential Oil
- Unilateral Essential Oil
- By Application:
- Medical
- Spa and Relaxation
- 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 Caraway 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?
Caraway oil is a type of essential oil derived from the caraway plant. It has a strong, pungent flavor and can be used in foods and beverages, as well as skin care products.
Some of the key players operating in the caraway oil market are Albert Vieille, Berje, Elixens, Ernesto Ventos, Fleurchem, H.Interdonati, Ungerer and Company, Penta Manufacturing Company, Robertet Group, Ultra International, Treatt Plc, PerfumersWorld.
The caraway oil market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Caraway 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 Caraway Oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Caraway 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 Caraway 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 Caraway Oil Market Size & Forecast, 2020-2028 4.5.1 Caraway Oil Market Size and Y-o-Y Growth 4.5.2 Caraway Oil Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Compound Essential Oil
5.2.2 Unilateral Essential Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Spa and Relaxation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Caraway 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 Caraway 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Compound Essential Oil
9.6.2 Unilateral Essential Oil
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 Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Spa and Relaxation
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Compound Essential Oil
10.6.2 Unilateral Essential Oil
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 Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Spa and Relaxation
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Compound Essential Oil
11.6.2 Unilateral Essential Oil
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 Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Spa and Relaxation
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Compound Essential Oil
12.6.2 Unilateral Essential Oil
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 Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Spa and Relaxation
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Compound Essential Oil
13.6.2 Unilateral Essential Oil
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) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Spa and Relaxation
13.10.3 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 Caraway Oil Market: Competitive Dashboard
14.2 Global Caraway Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albert Vieille
14.3.2 Berje
14.3.3 Elixens
14.3.4 Ernesto Ventos
14.3.5 Fleurchem
14.3.6 H.Interdonati
14.3.7 Ungerer and Company
14.3.8 Penta Manufacturing Company
14.3.9 Robertet Group
14.3.10 Ultra International
14.3.11 Treatt Plc
14.3.12 PerfumersWorld