Market Overview:
The global Litsea Cubeba oil market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural and organic products, and rising awareness about the benefits of Litsea Cubeba oil. Based on type, the global Litsea Cubeba oil market has been segmented into 75% purity, 80% purity, 60% purity and other segments. The 80% purity segment is expected to account for a major share of the global market in terms of revenue during the forecast period. This can be attributed to its high quality and therapeutic properties. Based on application, the global Litsea Cubeba oil market has been segmented into fragrance and flavor segments.
Product Definition:
Litsea Cubeba Oil is a type of essential oil that is extracted from the Litsea Cubeba plant. It has a number of uses, including as a fragrance in cosmetics and other products, as well as in aromatherapy. It is also sometimes used to flavor food or beverages.
75% Purity:
75% purity is a high quality and stable form of cubeba oil. It has been standardized to contain 75% of the total composition found in natural cubeba oil. The other components present in the natural product include minor ingredients such as capric, lauric acids, and myristic acids among others.
80% Purity:
80% purity is the highest level of purity that a essential oil can attain. It represents the percentage of essential oil constituents that are extracted from a plant or other natural source. The extraction process does not change the properties or characteristics of an essential oil, it just removes some impurities and leaves other valuable components for use in various applications.
Litsea cubeba is one such example where 80% pure essence contains 20% solvent (tetrahydrofuran).
Application Insights:
Fragrance was the dominant application segment and accounted for over 70% of total volume in 2017. The product is used as a fragrance ingredient in various personal care products such as soaps, shampoos, cosmetics and toiletries. Increasing consumer awareness regarding health hazards associated with synthetic fragrances is expected to drive demand for natural litsea cubeba oil based fragrances over the forecast period.
Flavors are anticipated to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising demand from food & beverage industry applications including bakery products, beverages (coffee creamer), processed foods (chocolate), ice cream flavors and sauces among others.
Regional Analysis:
Asia Pacific emerged as the largest regional market in 2017 and accounted for a share of over 30%. The region is expected to dominate the industry on account of increasing product demand in countries, such as China, Japan, South Korea, Singapore and India. These countries are among the top fragrance exporters across the globe. Moreover Litsea Cubeba Oil benefits from low-cost production owing to availability of raw materials like cubebs in these economies.
The Middle East & Africa is anticipated to be one of fastest growing regions with CAGR exceeding 6% during the forecast period owing to high product demand from various application sectors especially pharmaceuticals and cosmetics industries coupled with stringent government regulations regarding manufacturing quality products within region only. In addition major manufacturers are also investing huge amounts for research & development activities mainly related rising concerns about skin problems due to climatic changes which will drive growth further.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of Litsea Cubeba oil
- Growing popularity of aromatherapy and essential oils
- Proliferation of online retail platforms that sell essential oils
- Increasing use of Litsea Cubeba oil in personal care products
Scope Of The Report
Report Attributes
Report Details
Report Title
Litsea Cubeba Oil Market Research Report
By Type
75% Purity, 80% Purity, 60% Purity, Other
By Application
Fragrance, Flavor
By Companies
Zhuhai Pak Li Heung Flavors And Fragrances, Huangshan Kehong Bio-Flavor, Jiangxi Zhonghuan New Materials, Jinhai Natural Spice Oil Technology
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Litsea Cubeba Oil Market Report Segments:
The global Litsea Cubeba Oil market is segmented on the basis of:
Types
75% Purity, 80% Purity, 60% Purity, 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
Fragrance, Flavor
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:
- Zhuhai Pak Li Heung Flavors And Fragrances
- Huangshan Kehong Bio-Flavor
- Jiangxi Zhonghuan New Materials
- Jinhai Natural Spice Oil Technology
Highlights of The Litsea Cubeba 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:
- 75% Purity
- 80% Purity
- 60% Purity
- Other
- By Application:
- Fragrance
- Flavor
- 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 Litsea Cubeba 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?
Litsea Cubeba oil is a natural oil derived from the Litsea Cubeba tree. It has been used for centuries in traditional medicine to treat a variety of skin conditions, including acne and eczema.
Some of the key players operating in the litsea cubeba oil market are Zhuhai Pak Li Heung Flavors And Fragrances, Huangshan Kehong Bio-Flavor, Jiangxi Zhonghuan New Materials, Jinhai Natural Spice Oil Technology.
The litsea cubeba oil market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Litsea Cubeba Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Litsea Cubeba Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Litsea Cubeba Oil Market - Supply Chain
4.5. Global Litsea Cubeba Oil Market Forecast
4.5.1. Litsea Cubeba Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Litsea Cubeba Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Litsea Cubeba Oil Market Absolute $ Opportunity
5. Global Litsea Cubeba Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Litsea Cubeba Oil Market Size and Volume Forecast by Type
5.3.1. 75% Purity
5.3.2. 80% Purity
5.3.3. 60% Purity
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Litsea Cubeba Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Litsea Cubeba Oil Market Size and Volume Forecast by Application
6.3.1. Fragrance
6.3.2. Flavor
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Litsea Cubeba Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Litsea Cubeba Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Litsea Cubeba Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Litsea Cubeba Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Litsea Cubeba Oil Demand Share Forecast, 2019-2026
9. North America Litsea Cubeba Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Litsea Cubeba Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Litsea Cubeba Oil Market Size and Volume Forecast by Application
9.4.1. Fragrance
9.4.2. Flavor
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Litsea Cubeba Oil Market Size and Volume Forecast by Type
9.7.1. 75% Purity
9.7.2. 80% Purity
9.7.3. 60% Purity
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Litsea Cubeba Oil Demand Share Forecast, 2019-2026
10. Latin America Litsea Cubeba Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Litsea Cubeba Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Litsea Cubeba Oil Market Size and Volume Forecast by Application
10.4.1. Fragrance
10.4.2. Flavor
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Litsea Cubeba Oil Market Size and Volume Forecast by Type
10.7.1. 75% Purity
10.7.2. 80% Purity
10.7.3. 60% Purity
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Litsea Cubeba Oil Demand Share Forecast, 2019-2026
11. Europe Litsea Cubeba Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Litsea Cubeba Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Litsea Cubeba Oil Market Size and Volume Forecast by Application
11.4.1. Fragrance
11.4.2. Flavor
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Litsea Cubeba Oil Market Size and Volume Forecast by Type
11.7.1. 75% Purity
11.7.2. 80% Purity
11.7.3. 60% Purity
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
1110.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Litsea Cubeba Oil Demand Share, 2019-2026
12. Asia Pacific Litsea Cubeba Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Litsea Cubeba Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Litsea Cubeba Oil Market Size and Volume Forecast by Application
12.4.1. Fragrance
12.4.2. Flavor
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Litsea Cubeba Oil Market Size and Volume Forecast by Type
12.7.1. 75% Purity
12.7.2. 80% Purity
12.7.3. 60% Purity
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Litsea Cubeba Oil Demand Share, 2019-2026
13. Middle East & Africa Litsea Cubeba Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Litsea Cubeba Oil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Litsea Cubeba Oil Market Size and Volume Forecast by Application
13.4.1. Fragrance
13.4.2. Flavor
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Litsea Cubeba Oil Market Size and Volume Forecast by Type
13.7.1. 75% Purity
13.7.2. 80% Purity
13.7.3. 60% Purity
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Litsea Cubeba Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Litsea Cubeba Oil Market: Market Share Analysis
14.2. Litsea Cubeba Oil Distributors and Customers
14.3. Litsea Cubeba Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zhuhai Pak Li Heung Flavors And Fragrances
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huangshan Kehong Bio-Flavor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jiangxi Zhonghuan New Materials
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jinhai Natural Spice Oil Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
