According to a new market report published by Lucintel, the future of the bergamot oil market looks promising with opportunities in food and beverage, pharmaceutical, and others. The global bergamot oil market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are increasing demand for natural personal care products, increases blood circulation and metabolism, and rise in advance technology.
In this market, cosmetic grade, food grade, and pharmaceutical grade are the major grade types. Lucintel forecasts that food grade will remain the largest segment over the forecast period because of the rising awareness for health and fitness, consumers these days are looking for products which are healthy without compromising taste and fragrance.
Within this market, food and beverages, pharmaceuticals, skin and personal care, and aroma therapy are the major applications of bergamot oil market. Food and beverages will remain the largest segment by application type over the forecast period because it helpful in improving blood circulation of the body and provides various health benefits.
Asia-Pacific is expected to witness the highest growth over the forecast period because of versatile essential oil is getting popular, its demand is also rising amongst consumers, leading to a drastic increase in the number of manufacturers and suppliers in different industries including food and beverages, healthcare, and personal care.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global bergamot oil market by grade type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Bergamot Oil Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global bergamot oil market by grade type, application, and region as follows:
By Grade Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Cosmetic Grade
Food Grade
Pharmaceutical Grade
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food and beverages
Pharmaceuticals
Skin and personal care
Aromatherapy
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Germany
France
Italy
Spain
China
Japan
India
South Korea
Australia
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.