Market Overview:
The global herbal distillate market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for natural and organic products, rising awareness about the benefits of herbal distillates, and growing popularity of aromatherapy. The global herbal distillate market is segmented on the basis of type into tea tree, lavender, rose, jasmine, and other types. The tea tree segment is expected to account for the largest share in terms of revenue in 2018 owing to its numerous health benefits such as anti-inflammatory properties and antibacterial properties. The lavender segment is projected to grow at a high CAGR during the forecast period due its various therapeutic applications such as stress relief and relaxation. On the basis of application, online sales are expected to account for a larger share in terms revenue than offline sales duringthe forecast period from 2018to 2030 owingtoits growing popularity among consumers across different regions worldwide.
Product Definition:
A herbal distillate is a liquid that is distilled from plant material. The plant material can be fresh or dried. The distillate is made by boiling the plant material in water and then condensing the steam to create a liquid. Herbal distillates are used for making essential oils, tinctures, and other herbal remedies.
Tea Tree:
Tea tree is a small bushy plant that gets its name from the shape of its leaves. The dried leaves of the tea tree can be used to make a strong infusion and are known for their antiseptic, antibacterial, antiviral properties. These medicinal properties have made it one of the most important essential oils in modern herbal medicine.
Lavender:
Lavender is a member of the mint family and is known for its sweet fragrance. It has been used in various forms as a medicinal herb, as well as in cosmetics and aromatherapy. The most commonly used form of lavender today is herbal distillate which can be found in various products such as pillowcases, shampoos, soaps, etc.
Application Insights:
The offline sales dominated the global herbal distillate market, accounting for over 60% of the total revenue share in 2017. The increasing use of herbal distillates in various personal care products such as shampoos, soaps and conditioners is expected to drive demand over the forecast period. In addition, growing consumer awareness regarding healthy skin and hair coupled with rising product demand is anticipated to fuel segment growth during the study period.
Online sales are projected to expand at a CAGR of XX% from 2018 to 2030 owing to easy availability and affordability along with high purity standards followed by offline retailers across various regions including North America, Europe and Asia Pacific.
Regional Analysis:
Europe emerged as the largest regional market in 2017 owing to growing consumer awareness regarding natural ingredients and products. The region is expected to maintain its dominance over the forecast period due to high demand for herbal distillate-based products, such as skin care creams and lotions, hair care shampoos, conditioners, styling gels/mousses/sprays and other personal care applications. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising product demand from various application segments including offline sales. Rising disposable income levels in emerging countries like China & India are expected favorably impact industry growth through 2024. In addition, increasing online retailing especially in India will drive growth further since it offers convenience for consumers who prefer buying these products online rather than getting them directly at their doorstep or local stores.
Growth Factors:
- Increasing demand for herbal distillates from the food and beverage industry as a natural preservative and flavoring agent.
- Rising popularity of herbal distillates as a healthier alternative to conventional additives and flavorings.
- Growing demand for organic products, especially in developed countries, is expected to boost the market growth for herbal distillates over the forecast period.
- Technological advancements in extraction and purification processes are likely to provide new opportunities for the market growth of herbal distillates during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Herbal Distillate Market Research Report
By Type
Tea Tree, Lavender, Rose, Jasmine, Other
By Application
Online Sales, Offline Sales
By Companies
L'OCCITANE, AFU, Florihana, Banmuhuatian, Chengdu Licai Meizhuang Cosmetic, AYUS, CAMENAE, Fleurance Nature, Dejojoez, Bolton Group
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Herbal Distillate Market Report Segments:
The global Herbal Distillate market is segmented on the basis of:
Types
Tea Tree, Lavender, Rose, Jasmine, Other
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
Online Sales, Offline Sales
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:
- L'OCCITANE
- AFU
- Florihana
- Banmuhuatian
- Chengdu Licai Meizhuang Cosmetic
- AYUS
- CAMENAE
- Fleurance Nature
- Dejojoez
- Bolton Group
Highlights of The Herbal Distillate 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:
- Tea Tree
- Lavender
- Rose
- Jasmine
- Other
- By Application:
- Online Sales
- Offline Sales
- 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 Herbal Distillate 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?
Herbal distillates are a type of cannabis extract that is made by boiling the plant material down until it separates into its individual cannabinoids and terpenes.
Some of the major players in the herbal distillate market are L'OCCITANE, AFU, Florihana, Banmuhuatian, Chengdu Licai Meizhuang Cosmetic, AYUS, CAMENAE, Fleurance Nature, Dejojoez, Bolton Group.
The herbal distillate market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Herbal Distillate 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 Herbal Distillate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Herbal Distillate 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 Herbal Distillate 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 Herbal Distillate Market Size & Forecast, 2018-2028
4.5.1 Herbal Distillate Market Size and Y-o-Y Growth
4.5.2 Herbal Distillate Market Absolute $ Opportunity
Chapter 5 Global Herbal Distillate 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 Herbal Distillate Market Size Forecast by Type
5.2.1 Tea Tree
5.2.2 Lavender
5.2.3 Rose
5.2.4 Jasmine
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Herbal Distillate 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 Herbal Distillate Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Herbal Distillate 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 Herbal Distillate 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 Herbal Distillate Analysis and Forecast
9.1 Introduction
9.2 North America Herbal Distillate 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 Herbal Distillate Market Size Forecast by Type
9.6.1 Tea Tree
9.6.2 Lavender
9.6.3 Rose
9.6.4 Jasmine
9.6.5 Other
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 Herbal Distillate Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
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 Herbal Distillate Analysis and Forecast
10.1 Introduction
10.2 Europe Herbal Distillate 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 Herbal Distillate Market Size Forecast by Type
10.6.1 Tea Tree
10.6.2 Lavender
10.6.3 Rose
10.6.4 Jasmine
10.6.5 Other
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 Herbal Distillate Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
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 Herbal Distillate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Herbal Distillate 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 Herbal Distillate Market Size Forecast by Type
11.6.1 Tea Tree
11.6.2 Lavender
11.6.3 Rose
11.6.4 Jasmine
11.6.5 Other
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 Herbal Distillate Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
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 Herbal Distillate Analysis and Forecast
12.1 Introduction
12.2 Latin America Herbal Distillate 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 Herbal Distillate Market Size Forecast by Type
12.6.1 Tea Tree
12.6.2 Lavender
12.6.3 Rose
12.6.4 Jasmine
12.6.5 Other
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 Herbal Distillate Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
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) Herbal Distillate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Herbal Distillate 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) Herbal Distillate Market Size Forecast by Type
13.6.1 Tea Tree
13.6.2 Lavender
13.6.3 Rose
13.6.4 Jasmine
13.6.5 Other
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) Herbal Distillate Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
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 Herbal Distillate Market: Competitive Dashboard
14.2 Global Herbal Distillate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L'OCCITANE
14.3.2 AFU
14.3.3 Florihana
14.3.4 Banmuhuatian
14.3.5 Chengdu Licai Meizhuang Cosmetic
14.3.6 AYUS
14.3.7 CAMENAE
14.3.8 Fleurance Nature
14.3.9 Dejojoez
14.3.10 Bolton Group
