Global Oud Extracts Market, By Application (Cosmetics And Personal Care, Incense, Therapeutics, And Others) End Use Industry (Online Stores, Hypermarkets/Supermarkets, Specialized Drug Stores, and Convenience Stores), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Oud Extracts Market
Data Bridge Market Research analyses that the oud extracts market will project a compound annual growth rate (CAGR) of 8.9% during the forecast period of 2021-2028 and will reach USD 2.66 billion by the year 2028.
Oud is basically extracted from the heartwood of Aquilaria trees which have been infected by a specific mould, producing the trees to produce a dark, scented resin. Out is one of the best-known and best-loved fragrance ingredients amongst consumers across the globe.
The increasing number of health-conscious consumers across the globe and raising awareness about agarwood essential oil among individuals are major factors anticipated to drive growth of the oud extracts market in the forecast period of 2021 to 2028. In addition, growing popularity of oud in developed and developing countries due to several properties associated with it such as maintain psychological health, antimicrobial, improve digestion, treats acne, anti-stress, anti-asthmatic, reduce muscle and joint pain, antioxidant, and others is also a key factor projected to boost growth of the oud extracts market during the forecast period.
Furthermore, increasing penetration of oud extracts by major manufacturers and rising popularity of oud oil are anticipated to create ample growth opportunities of the oud extracts oil market in the above mentioned forecast period. However, limited availability of oud essential oil in the market and high cost associated are major factors anticipated to restraint growth of the oud extracts market.
This oud extracts market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on oud extracts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Oud Extracts Market Scope and Market Size
The oud extracts market is segmented on the basis of application and end user industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the application technique, the oud extracts market is segmented into cosmetics and personal care, incense, therapeutics, and others.
- Based on the end user industry, the oud extracts market is segmented into online stores, hypermarkets/supermarkets, specialized drug stores, and convenience stores.
Oud Extracts Market Country Level Analysis
The global oud extracts market is analyses and market size, volume information is provided by country by end user industry and application as referenced above.
The countries covered in the oud extracts market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the oud extracts market and will continue to flourish its trend of dominance during the forecast period due to growing economies of India and China. North America is expected to score the highest growth rate in the forecast period of 2021 to 2028 high demand for aromatherapy treatment and rapid adoption of personal care products among individuals.
The country section of the oud extracts market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Oud Extracts Market Share Analysis
The oud extracts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to oud extracts market.
The major players covered in the oud extracts market report are IOLANDES SAS, Tien Phuoc Co., Ltd (Grandawood), Hoang Giang Agarwood Ltd. , Dauper S.A. , Katyani Exports , Gritman Essential Oils , Essential Oil Wizardry , Biofinest USA , Nusaroma , The Imperial Oud Co , Deve Herbes , HYSSES Pte Ltd. , WEFIVE group , Asia Plantation Capital Pte. Ltd. , Albert, Vieille SAS , THE MJI GROUP , Ji'an Zhongxiang Natural Plants Co., Ltd. ,Agarvina Co., LTD ,Edens Garden , ASSAM AROMAS among others. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
