USD 37.9 million
Report ID:
SQMIG30L2230 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
117
|Figures:
77
Ylang-Ylang Market size was valued at USD 40.02 Million in 2023 and is poised to grow from USD 42.26 Million in 2024 to USD 61.1 Million by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).
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.
Global Market Size
USD 37.9 million
Largest Segment
Fastest Growth
conventional
Growth Rate
5.6% CAGR
To get more reports on the above market click here to Buy The Report
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.
To get detailed analysis on other segments, Request For Free Sample Report
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.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Ylang-Ylang Market Driver
Ylang-Ylang Market Restrains
Allergic Reaction can Hinder Market Growth
Request Free Customization of this report to help us to meet your business objectives.
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
Ylang-Ylang Market Recent Developments
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 40.02 Million |
Market size value in 2032 | USD 61.1 Million |
Growth Rate | 5.6% |
Base year | 2024 |
Forecast period | 2025-2032 |
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:-
|
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
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
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.
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.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG30L2230
sales@skyquestt.com
USA +1 351-333-4748