Market Overview:
The global tagetes oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Tagetes oil is extracted from the flowers of tagetes erecta and tagetes patula plants. The oil has various applications in industries such as medicine, pesticides, cosmetics, and others. It is also used in food flavoring and aromatherapy. The global demand for tagetes oil is increasing due to its various properties such as anti-inflammatory, antifungal, antibacterial, antioxidant, and others. Additionally, the growth of the pharmaceutical industry is fueling the demand for pharmaceutical grade tagetes oil across the globe.
Product Definition:
Tagetes oil is a natural essential oil that is extracted from the flowers of the tagetes plant. It has a sweet, floral aroma and is often used in aromatherapy. Tagetes oil has many beneficial properties, including antidepressant, antifungal, anti-inflammatory, and antibacterial effects. It can be used to treat a variety of conditions, such as depression, anxiety, fungal infections, inflammation, and bacterial infections.
Industrial Grade:
Industrial grade is a product that has been processed to remove any contaminants and is used as an active ingredient in the Tagetes oil market. It’s major application includes the production of biopesticides, biofertilizers, natural pesticides and plant growth regulators. Industrial grade can also be used for producing essential oils by solvent extraction process or via CO2 and HCO3 hydrocarbon processing methods.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in the market. It is also known as P-grade or premium-grade. The product has high purity and free from any contaminants such as bacteria, fungus, heavy metals & other impurities. Pharmaceutical grade oil contains ingredients such as essential oils and resveratrol which have therapeutic properties apart from being cosmetic agents.
Application Insights:
The medicine segment dominated the global tagetes oil market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The medicinal properties of the product have been known since ancient times, when it was used as an analgesic, antidiarrheal, antipyretic and anti-inflammatory agent. In modern times, research has established that these properties are due to its high content of essential oils such as thymol (inclined towards infections) and carvacrol (inclined towards allergic reactions).
Tagetes species are also gaining popularity in cosmetic formulations due to their antioxidant propertysthat help prevent skin damage caused by free radicals present in the body naturally. These antioxidants also help improve skin texture by reducing wrinkles caused due to photo aging or environmental stressors like UV rays or pollution particles.
Regional Analysis:
North America is expected to be the fastest growing regional market for tagetes oil, registering a CAGR of XX% from 2018 to 2030. The region has been witnessing increasing demand for natural products as a result of rising consumer awareness regarding health and well-being. Increasing R&D activities in the field of medicinal plants along with government support are expected to drive industry growth over the forecast period.
Europe accounted for approximately 25% share in global tagetes oil market owing to high product consumption in France and Germany as a result of extensive use in perfumery.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of Tagetes oil
- Growing popularity of aromatherapy and essential oils
- Proliferation of online retail platforms that sell Tagetes oil products
- Increasing number of research studies on the therapeutic properties of Tagetes oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Tagetes Oil Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade, Others
By Application
Medicine, Pesticides, Cosmetics, Others
By Companies
Rheinmetall, Aisin-Seiki, Mahle GmbH, Tenneco(Federal-Mogul), Hitachi
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Tagetes Oil Market Report Segments:
The global Tagetes Oil market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade, Others
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
Medicine, Pesticides, Cosmetics, 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:
- Rheinmetall
- Aisin-Seiki
- Mahle GmbH
- Tenneco(Federal-Mogul)
- Hitachi
Highlights of The Tagetes 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:
- Industrial Grade
- Pharmaceutical Grade
- Others
- By Application:
- Medicine
- Pesticides
- Cosmetics
- 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 Tagetes 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?
Tagetes oil is a blend of essential oils that are derived from the Tagetes erecta plant. The oil contains lemon, lime, and bergamot essential oils, which are believed to be beneficial for skin health.
Some of the major players in the tagetes oil market are Rheinmetall, Aisin-Seiki, Mahle GmbH, Tenneco(Federal-Mogul), Hitachi.
The tagetes oil market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tagetes 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. Tagetes Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tagetes Oil Market - Supply Chain
4.5. Global Tagetes Oil Market Forecast
4.5.1. Tagetes Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tagetes Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tagetes Oil Market Absolute $ Opportunity
5. Global Tagetes 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. Tagetes Oil Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Pharmaceutical Grade
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tagetes 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. Tagetes Oil Market Size and Volume Forecast by Application
6.3.1. Medicine
6.3.2. Pesticides
6.3.3. Cosmetics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tagetes 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. Tagetes 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 Tagetes 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. Tagetes 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 Tagetes Oil Demand Share Forecast, 2019-2026
9. North America Tagetes 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 Tagetes 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 Tagetes Oil Market Size and Volume Forecast by Application
9.4.1. Medicine
9.4.2. Pesticides
9.4.3. Cosmetics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tagetes Oil Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Pharmaceutical Grade
9.7.3. Others
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 Tagetes Oil Demand Share Forecast, 2019-2026
10. Latin America Tagetes 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 Tagetes 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 Tagetes Oil Market Size and Volume Forecast by Application
10.4.1. Medicine
10.4.2. Pesticides
10.4.3. Cosmetics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tagetes Oil Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Pharmaceutical Grade
10.7.3. Others
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 Tagetes Oil Demand Share Forecast, 2019-2026
11. Europe Tagetes 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 Tagetes 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 Tagetes Oil Market Size and Volume Forecast by Application
11.4.1. Medicine
11.4.2. Pesticides
11.4.3. Cosmetics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tagetes Oil Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Pharmaceutical Grade
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Grwth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tagetes Oil Demand Share, 2019-2026
12. Asia Pacific Tagetes 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 Tagetes 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 Tagetes Oil Market Size and Volume Forecast by Application
12.4.1. Medicine
12.4.2. Pesticides
12.4.3. Cosmetics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tagetes Oil Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Pharmaceutical Grade
12.7.3. Others
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 Tagetes Oil Demand Share, 2019-2026
13. Middle East & Africa Tagetes 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 Tagetes 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 Tagetes Oil Market Size and Volume Forecast by Application
13.4.1. Medicine
13.4.2. Pesticides
13.4.3. Cosmetics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tagetes Oil Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Pharmaceutical Grade
13.7.3. Others
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 Tagetes Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tagetes Oil Market: Market Share Analysis
14.2. Tagetes Oil Distributors and Customers
14.3. Tagetes Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rheinmetall
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aisin-Seiki
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mahle GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tenneco(Federal-Mogul)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi
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