USD 37.9 million
Ylang-Ylang Market Size, Share, Growth Analysis, By Nature(Organic, Conventional), By Extract Type(Oil, Powder, Others), By Application(Food, Beverages, Medical, Personal Care), By Distribution Channel(Online, Offline), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30L2230 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
117
|Figures:
77
Ylang-Ylang Market Insights
Ylang-Ylang Market size was valued at USD 37.9 million in 2019 and is poised to grow from USD 40.02 million in 2023 to USD 57.86 million by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031).
Essential Oils are gaining massive momentum due to its inclusion in various end user industries recently. Ylang ylang is derived from a herbal flower known as Cananga odorata genuina. Its aesthetically pleasing smell and benefits makes it ideal for a number of end uses. Global ylang ylang market will grow during the forecast period as they promote relaxation, reduced head lice, increased stamina, lower blood pressure, improved memory and thinking skills. It is also popularly used in food additives and beverages. Additionally, it finds application in cosmetic and skincare products used worldwide.
Plant based products are shaping the future of the market as an increasing number of people are turning towards conscious consumerism and ethical consumption.
According to a thorough review of the ylang-ylang extract market demand, items in the food and beverage industry have seen increased demand due to the proven and alleged health advantages of ylang-ylang. Rising interest in meat and dairy substitutes has also improved market possibilities.
Numerous research has shown that ylang-ylang extracts are quite effective in treating stomach upset, rheumatism, gout, and headache. Numerous investigations have also discovered that the products are effective in easing various diseases as well as anxiety.
US Ylang-Ylang Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Fastest Growth
conventional
Growth Rate
5.6% CAGR
Global Ylang-Ylang Market ($ Bn)
Country Share for Asia Pacific (%)
To get more reports on the above market click here to Buy The Report
Ylang-Ylang Market Segmental Analysis
Ylang-Ylang Market is segmented based on nature, extract type, application, distribution channel, and region. Based on nature, the Ylang-Ylang Market is segmented into organic and conventional. Based on extract type, the Ylang-Ylang Market is segmented into oil, powder, and others. Based on application, the Ylang-Ylang Market is segmented into food and beverages, medical, personal care and others. Based on the distribution channel, the Ylang-Ylang Market is segmented into online and offline. Based on the region Ylang-Ylang Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Ylang-Ylang Market Analysis by Extract Type
Based on extract type, the market is segmented into oil, powder, and others. The ylang-ylang oil segment of the market is projected to hold the most substantial share in the market. The segmental growth of the market is attributed to the increased demand for ylang-ylang essential oil from a broad range of industries including food and beverage, pharmaceuticals, personal care and many others. Growing usage of ylang-ylang extracts as a range of essential oil for cosmetics and personal care products notably in perfumes has steered revenue generation for companies in the ylang-ylang market.
Global Ylang-Ylang Market BY Type
To get detailed analysis on other segments, Request For Free Sample Report
Ylang-Ylang Market Regional Insights
In 2021, Asia-Pacific is expected to have the biggest market share of 42.0%. Throughout the forecast period, Asia-Pacific is anticipated to account for a sizable portion of the global market. This is explained by the population's propensity for improved lifestyles and well-being. Along with this, the major firms are also addressing the region's untapped market, which draws a sizable consumer base and helps the players establish themselves in the market. Additionally, it is predicted that Europe would account for a sizeable portion of the industry. The efforts in nations like France and Germany are responsible for the regional growth. The majority of the citrus and peppermint oils used in the food and beverage industry are imported from these nations. Additionally, the European Union runs a number of healthcare initiatives to increase public awareness of the use of essential oils and the creation of medicinal drugs which in turn will enhance the growth of the market in the coming years.
Global Ylang-Ylang Market By Region
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Ylang-Ylang Market Dynamics
Ylang-Ylang Market Driver
- Consumers are paying more attention to their own personal well-being today since they are becoming more health-conscious. The general public is aware that getting enough water and nutrients is important for human health, both for survival and for maintaining a fit body. As a result, people are changing their diets to include more plant-based products and foods in order to stay active and fit. Despite the fact that vegetarians and vegans are more likely to eat plant-based alternatives to meat or dairy. Additionally, a sizable portion of the market is made up of flexitarians and omnivores, who will probably fuel demand for plant-based products. Further, due to the ongoing trend of sustainability, consumers today also favor plant-based products that have information about environmental claims on their packaging. Plant-based foods aid in constructing a robust immune system that defends against a variety of infectious diseases. These plant-based compounds, such ylang-ylang extracts, rose extracts, and others, are also used to flavor food.
Ylang-Ylang Market Restrains
Allergic Reaction can Hinder Market Growth
- Many consumers might be allergic to ylang ylang so in case they topically apply it or consume it, it can severely react to their bodies. This might hinder market growth during the forecast period.
Request Free Customization of this report to help us to meet your business objectives.
Ylang-Ylang Market Competitive Landscape
The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Ylang-Ylang Market Top Company Profiles
- Albert Vieille SAS
- Farotti Essenze SRL
- Frager S.A
- Mane SA
- Robertet Group
- Symrise AG
- T. Hasegawa Co. Ltd.
- Ultra international B.V.
- Givaudan SA
- International Flavors and Fragrances Inc.
- Firmenich SA
- Sensient Technologies Corporation
- Kerry Group
- Takasago International Corporation
- Cargill, Inc.
- Takamatsu Kagaku Co., Ltd.
- Huabao International Holdings Limited
- BASF SE
- Dupont De Nemours, Inc.
- Archer Daniels Midland Company (ADM)
Ylang-Ylang Market Recent Developments
- In November 2022, Federic Malle’s Synthetic Jungle will launch a new fragrance infused with jasmine, basil, and Ylang Ylang.
- In August 2021, Robertet acquired Astier Demarest’s majority stake to stay ahead in the aromatic ingredients market
Ylang-Ylang Key Market Trends
- Consumer preference for organic and natural ingredients in cosmetics and personal care products has been a global trend in recent years. This continued tendency has caused customers' purchase criteria to change. Consumer demand for natural or organic products is rising as a result of increased awareness, putting pressure on manufacturers of flower extract to supply natural component combinations or organic products. As public concern for the environment and people's health grows, so does the need for eco-friendly cosmetics. Sustainable products that benefit both the consumer and the environment are becoming increasingly popular with socially conscious consumers all around the world. The demand for natural and organic ingredients like floral extracts in cosmetic and personal care products is rising as a result.
Ylang-Ylang Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global Ylang-Ylang market is segmented based on nature, extract type, application, distribution channel, and region. Based on the nature, the organic segment of the market is projected to hold a substantial share in the market. Based on the extract type, the oil segment of the market is projected to hold a substantial share in the market. Based on the application, the personal care segment of the market is projected to hold a substantial share in the market. Based on the distribution channel, the online segment of the market is projected to hold a substantial share in the market. Based on the region, the Asia-Pacific region of the market is projected to hold a substantial share in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 37.9 million |
| Market size value in 2031 | USD 57.86 million |
| Growth Rate | 5.6% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Ylang-Ylang Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Ylang-Ylang Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Ylang-Ylang Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Ylang-Ylang Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Ylang-Ylang Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Ylang-Ylang Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
